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Related Special Reports
...Apple introduced spatial audio to its music streaming service in 2021, at no additional cost to subscribers. Amazon’s music service also offers spatial audio....
...Companies that are defined as gatekeepers, including Apple, Amazon and Google, need to fully comply with these rules under the Digital Markets Act by early next month....
...Amazon said it was “compliant” with the rules and that it had “engaged constructively with the European Commission on our plans since the designation of two of our services”....
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
...Big Tech firms have expanded their areas of operation from an initial offer (bookselling for Amazon, making computers for Apple, and so on) to provide an ever-increasing range of services....
...Second, Amazon in recent years has become a digital advertising powerhouse and the addition of streaming hundreds of games would provide even more inventory to pitch marketers....
...As companies tackle digital overhauls of their businesses — from homeworking to customer relationship management — they are increasingly relying on external providers for information technology services...
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...Last year’s ruling in the Ripple case was a setback in the agency’s efforts to restrict unregistered sales of digital assets....
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...Amazon, Microsoft, Meta, Google parent Alphabet and music streaming service Spotify are among the companies that have signalled plans to strike such a balance this year....
...The DoJ last year sued Google for allegedly exercising monopolistic control of the digital advertising market....
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...The EU this morning announced investigations into Apple, Alphabet and Meta in the first applications of its landmark Digital Markets Act....
...Amazon Prime has also invested in Major League Baseball rights. Shares in TKO jumped by 15 per cent on Tuesday, implying a market value gain of $2bn....
...These make it work better with Apple’s in-house services such as its digital wallet, and accessories such as its smartwatches, than those produced by third parties....
...But the cost of sports rights has been rising as tech companies such as Apple and Amazon have started to bid for some games for their streaming services....
...will come into effect later this spring, comes after pressure from developers to be able to distribute their software outside the App Store and threatens a core component of Apple’s $85bn-a-year global services...
...The deal increased speculation that Netflix was laying the groundwork to enter the market for streaming live sports as Amazon, Apple and others have done....
...“We’re not digital currency experts.”...
...To adhere to the DMA, Apple plans to introduce a new fee structure in the EU that will slash the amount paid by companies using the App Store to sell digital goods and services from 30 per cent to 17 per...
...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...Apple and Amazon, which are also captured under the new law, are said to be considering an appeal ahead of Thursday’s deadline....
...Applied Digital gained more than 4 per cent after Nvidia said the data centre operator would be among the first companies to begin using its new “Blackwell” graphics processing units in their cloud services...
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
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