Spotify filed to go public last week. This could mean big bucks for some investors, but how could it affect artists on the streaming platform? DJ and entrepreneur Mick Batyske joins Cheddar to discuss.
If Spotify hits its $23 billion valuation, music labels could make hundreds of millions of dollars. Batyske hopes music labels will share this wealth with artists, but he is not too confident they will. Batyske is excited by Spotify going public because he believes it will give even more legitimacy to streaming and alternative platforms. Batyske is hopeful for a future where artists have more access to streaming platforms and can avoid having to go through big labels.
When asked what his favorite streaming service is, the DJ said Spotify is his top choice.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!
