Spotify reportedly filed for an IPO, Roku launches a streaming service, and more. Dana Wollman, Executive Editor at Engadget, joins Cheddar to discuss the latest headlines in tech.
According to reports, Spotify will list directly at the NYSE. Wollman says this is proof that the company needs money badly. She also talks about the steep competition within the music streaming industry right now with Apple Music, Spotify, YouTube, and Google all getting in the game.
Plus, Roku plans to debut its new streaming service at the Consumer Electronics Show on January 9th. Now the streaming company won't be physically manufacturing a device like Amazon or Google does, but it will be licensing the software to other companies. Roku was up 6% on Wednesday after the news was announced.
A new complaint by an advocacy group is urging the Federal Trade Commission to open up an investigation into OpenAI, accusing it of violating part of an FTC Act that prohibits unfair and deceptive business practices.
With the release of Apple's iOS 16.4 on Monday, a new batch of 31 emojis are now available to those who like to spice up their texts. The line-up includes new animals such as a donkey, a moose, and a goose; new heart colors, including the much-requested plain pink heart; and other oddities such as a biting lip, a melting face, and a pregnant man.
Apple Pay is getting in on the buy now pay later boom with a feature allowing users to split purchases into four separate payments over six weeks at no additional cost or interest.
San Francisco-based technology startup Illumix just closed a $18 million Series A round of funding, and in a rare move for the Shark Tank star, Mark Cuban contributed.
