• World Islamic Banking Conference
EU okays Apple’s Shazam buyout

EU okays Apple’s Shazam buyout

Brussels : The European Union has approved Apple’s planned acquisition of British music discovery app Shazam, saying an EU antitrust investigation showed it would not harm competition in the bloc.The deal, announced in December last year, would help the iPhone maker better compete with Spotify, the industry leader in music streaming services. Shazam identifies songs when a smartphone is pointed at an audio source. “After thoroughly analyzing Shazam’s user and music data, we found that their acquisition by Apple would not reduce competition in the digital music streaming market,” EU competition commissioner said. “Data is key in the digital economy. We must therefore carefully review transactions which lead to the acquisition of important sets of data,” she added.




Oil prices advance

Oil prices advance

Oil prices advanced yesterday after crude kingpin Saudi Arabia unveiled plans to cut output in the face of global oversupplies, and pressed other producers to follow suit. Higher crude prices failed to lift the market overall in London


Bahrain unifies MMA: Shaikh Nasser

Bahrain unifies MMA: Shaikh Nasser

HH Shaikh Nasser bin Hamad Al Khalifa affirmed that the Kingdom of Bahrain has become a favoured destination for all athletes and parties wishing to organise a distinguished tournament combining all elements of success. This came as th

Verstappen shoves Ocon

Verstappen shoves Ocon

Dutch driver Max Verstappen was accused of trying to punch French rival Esteban Ocon after a controversial clash at Sunday’s Brazilian Grand Prix which was won by five-time world champion Lewis Hamilton. Red Bull star Verstappen

Ezra Miller pretends to be happy

Ezra Miller pretends to be happy

Actor Ezra Miller says he is not as happy as he pretends to be. Miller will soon be back as Credence Barebone, a young introvert man who is also an Obscurus, in “Fantastic Beasts: The Crimes of Grindelwald”. The Warner Bros

Cyrus, Butler lose house in wildfire

Cyrus, Butler lose house in wildfire

Hollywood celebrities Miley Cyrus and Gerard Butler have completely lost their homes in the raging California wildfire, which has left filmmaker Guillermo del Toro’s home partially damaged. Cyrus took to Twitter on Sunday to spar

Oil prices advance

Oil prices advance

Oil prices advanced yesterday after crude kingpin Saudi Arabia unveiled plans to cut output in the face of global oversupplies, and pressed other producers to follow suit. Higher crude prices failed to lift the market overall in London