Day: 7 février 2018

Snapchat growth sends Snap, Inc share price soaring

Since its IPO last year, Snapchat parent company Snap, Inc has had a rough time of it on Wall Street, with investors uneasy about the social app’s sluggish growth.
Yesterday brought some good news for the company in its latest financial results though: it beat analyst forecasts with stronger-than-expected growth, and saw its share price soar by more than 25% as a result.
The key stats from the final quarter of 2017: Snapchat ended the year with 187 million daily active users, up 18% year-on-year and 5% quarter-on-quarter. Meanwhile, the company’s revenues grew by 72% year-on-year to $285.7m.
The post Snapchat growth sends Snap, Inc share price soaring appeared first on Music Ally.
Source: Music ally

Eventbrite joins the UK’s FanFair Alliance lobbying group

Ticketing firm Eventbrite has joined UK lobbying group the FanFair Alliance, to ‘support the fight against industrial-scale online ticket touting’.
This follows Eventbrite’s partnership with face-value-resale platform Twickets last year, as well as the company’s ongoing expansion of its music-ticketing activities.
The post Eventbrite joins the UK’s FanFair Alliance lobbying group appeared first on Music Ally.
Source: Music ally

European Commission to assess Apple’s Shazam acquisition

Apple announced plans to acquire music-recognition firm Shazam in December 2017, but European regulators may yet throw a spoke in the works of the deal.
“The European Commission has accepted a request from Austria, France, Iceland, Italy, Norway, Spain and Sweden to assess under the EU Merger Regulation the proposed acquisition of Shazam by Apple,” announced the EC yesterday.
“The Commission considers the transaction may threaten to adversely affect competition in the EEA.” The EEA being the European Economic Area – the EU plus Iceland, Liechtenstein, and Norway, if you’re wondering.
The post European Commission to assess Apple’s Shazam acquisition appeared first on Music Ally.
Source: Music ally

Apple HomePod reviews: sounds great, could be smarter

Apple’s HomePod smart speaker goes on sale this Friday (9 February) in the US, UK and Australia, with the first wave of reviews published yesterday.
How does it compare to the Amazon Echo and Google Home ranges? Reviewers have been broadly positive, with the HomePod’s audio quality coming in for particular praise.
“From dance pop to guitar rock to orchestral pieces, the HomePod sounded excellent,” claimed CNET. “The audio quality is way better than any other smart speaker I’ve heard, including the Sonos One and Google Home Max,” added the Independent. “Easily the best sounding mainstream smart speaker ever,” said TechCrunch.
The post Apple HomePod reviews: sounds great, could be smarter appeared first on Music Ally.
Source: Music ally

Google ‘tightens standards’ on secondary-ticketing search ads

Google has implemented a new policy on secondary-ticketing websites, which will now have to ‘radically increase their transparency’ to be certified to book advertising on its platform.
To be certified, secondary sites will have to not ‘imply’ that they are a primary marketplace; prominently disclose their status as a ticket reseller / secondary marketplace; prominently disclose that prices may be above the tickets’ original face value; from March prominently show the face value of the tickets being sold in the same currency; and break down the total price including fees and taxes before taking payment details from customers.
The post Google ‘tightens standards’ on secondary-ticketing search ads appeared first on Music Ally.
Source: Music ally

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