100 million USD funding round puts Spotify at 1 billion USD valuation Reports and rumours of Spotify’s recent fundraising endeavours have circled the Internet this week. Word is that Spotify is raising over 100 million USD. The deal is led by Russian venture firm DST, who has previous investments in Facebook, Groupon and Zynga. Over […]
Apple App rules upset the industry Apple introduced their new in-app subscription service this week, which have caused a lot of commotion in the industry. Basically, Apple says that if you want to charge users for subscriptions using the in-app service, you will have to give Apple a 30% cut. Apple still allows for developers […]
R.E.M experiments with crowdsourced remixing via Soundcloud R.E.M is trying (and succeeding) to generate some buzz with a crowdsourcing experiment. Tracks have been released in a remix-friendly format, and fans have been invited to remix the material and upload their versions under a Creative Commons license to SoundCloud. This is an interesting move, although not […]
