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Monday, 28 October 2019

Spotify Reaches 113 Million Paying Subscribers, Says It's Growing Twice as Fast as Apple Music

Spotify today announced that its streaming music service has reached 113 million paying subscribers as of September 30, up from 108 million as of June 30. Spotify's monthly active user count also increased to 248 million through September, inclusive of users listening to its free, ad-supported tier.

In a letter to shareholders, part of its third quarter earnings results, Spotify said that publicly available data indicates that it is adding roughly twice as many subscribers per month as Apple Music:

We continue to feel very good about our competitive position in the market. Relative to Apple, the publicly available data shows that we are adding roughly twice as many subscribers per month as they are. Additionally, we believe that our monthly engagement is roughly 2x as high and our churn is at half the rate.

‌Apple Music‌ had 60 million paying subscribers as of late June, according to Apple's services chief Eddy Cue. Spotify has remained nearly twice as large as ‌Apple Music‌ in terms of paying subscribers over the last year.

Tags: Spotify, Apple Music

This article, "Spotify Reaches 113 Million Paying Subscribers, Says It's Growing Twice as Fast as Apple Music" first appeared on MacRumors.com

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The Survivors of The Walking Dead Have a New Worst Enemy: Themselves

As anyone who’s been living through the zombie apocalypse knows, everything falls apart eventually. Fortifications. Relationships. Communities. Morality. Anything people can build can also be destroyed…and unfortunately, that includes the civilization that Rick and so many others worked so hard to establish.

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Nvidia's Newest Set-Top Box Uses AI to Turn Content 4K

It’s not magic, but when the new Nvidia Shield works, it almost feels like it. The new tube-look revision of Nvidia’s already superb set-top box has taken away a few features, dropped the price, and packed in a new variant of the Tegra X1 chip. This chip is important because it allows the Shield to accomplish the…

Bloomberg: Apple Increasing Hiring for Team Working on New HomeKit Devices Beyond HomePod

Apple is ramping up hiring for a team working on new HomeKit-based software and devices, according to Bloomberg's Mark Gurman, having posted at least 15 openings for engineering positions on the team in the last month.

The report claims the efforts are headed by Andreas Gal, the former CTO of Mozilla who joined Apple last year following the iPhone maker's acquisition of his artificial intelligence startup Silk Labs.

Details are vague, but one possibility is said to be new smart home devices beyond the HomePod speaker. Apple is also said to have explored creating a wide range of smart home accessories, such as modules for opening and closing windows, cabinets, and doors, but those efforts were reportedly put on hold.

Tags: HomeKit, bloomberg.com, Mark Gurman

This article, "Bloomberg: Apple Increasing Hiring for Team Working on New HomeKit Devices Beyond HomePod" first appeared on MacRumors.com

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