Spotify, the popular streaming music service, is making headlines once again after an announcement that the European Union has slapped tech giant Apple with a $2 billion fine. The fine comes after an investigation found that Apple has been unfairly stifling competition from streaming music services like Spotify.
Spotify, Epic Games, and other tech giants are in a heated battle with Apple over the distribution of revenue within the App Store. At the core of the dispute is Apple’s policy of taking a 30% cut of revenue from app developers, arguing that this practice does not comply with the Digital Markets Act (DMA).
Increased options for users
With the addition of audiobooks, Spotify users will now have even more options to choose from when it comes to entertainment. The standalone service will offer a diverse selection of titles across various genres, allowing users to enjoy their favorite books on the go.
Spotify, Epic Games, and other major companies have addressed a letter to the European Commission (EC) alleging that Apple has blatantly disregarded the Digital Markets Act (DMA). In the strongly worded letter, these companies claim that Apple’s actions have made a mockery of the DMA and have severely hindered fair competition in the digital marketplace.
/cdn.vox-cdn.com/uploads/chorus_asset/file/24974621/STK088_VRG_Illo_N_Barclay_1_spotify.jpeg "Spotify and Epic decry Apple’s iOS updates as “ridiculing the spirit of the DMA")
Spotify and Epic Games are speaking out against Apple’s recent changes to its iOS, calling them a “mockery of the Digital Markets Act (DMA).” The changes, which will require app developers to use Apple’s in-app payment system for subscriptions and purchases, have drawn criticism from both companies.
Personalized Recommendations
Users can simply enter their question into the ‘Song Psychic’ feature and Spotify will generate a playlist of songs based on the query. Whether it’s about love, work, or anything in between, the ‘Song Psychic’ aims to provide users with the perfect track to match their mood or situation.
Spotify has announced the launch of a new feature called ‘Song Psychic’, offering users a fun way to predict their future through music. The feature utilizes algorithms to analyze the user’s listening habits and recommend songs that are believed to reflect their future.
Apple Music is currently testing a new feature that allows users to easily import their playlists from Spotify and other music streaming services. This move is seen as a strategic effort to attract users who may be hesitant to switch platforms due to the hassle of transferring their playlists.
/cdn.vox-cdn.com/uploads/chorus_asset/file/23951390/STK088_VRG_Illo_N_Barclay_5_spotify.jpg "Widespread Layoffs at Spotify Cause Setbacks for Finding New Music on the Platform")
In a recent turn of events, music streaming giant Spotify has faced significant layoffs, resulting in an adverse impact on the platform’s ability to deliver fresh and diverse music to its users. This setback has left many music enthusiasts struggling to discover new artists and songs, hindering the platform’s reputation as a go-to source for music discovery.
Apple’s next big move is set to shake up the smartphone market once again, as rumors of a foldable iPhone gain traction. Meanwhile, popular podcaster Joe Rogan has made headlines with his massive Spotify deal. Here’s what you need to know this morning.
