Netflix

Netflix Ventures Into Online Shopping Industry, Launches New Site To Offer Branded Merchandise

Netflix has been a popular name among those who prefer to watch personalized content with just a click. But now you can even shop at Netflix. Yes, you read it right. The streaming platform has launched an online store for branded merchandise. One can visit the new site, Netflix.shop, to purchase a wide range of […]

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Chinese e-commerce giant Alibaba has announced to shut down the services of the Xiami Music app. It is a music streaming app. The company said that the app will no longer streaming music online after February 5. The app was considered a great way to listen to online music. The music app was launched around 2008. It was acquired by Alibaba five years later in 2013. Although it was designed to serve the Chinese market, the app saw huge loads from other countries as well. It was also China's one of the most popular platforms for streaming music online. Reports say that it has fallen to the wayside after Alibaba acquired it. Alibaba wanted to compete in the online music market of China with the Xiami app. But it couldn't meet the desired results and decided to discontinue its services. The Chinese online music market is dominated by Tencent Music. It is a subsidiary of tech giant Tencent Holdings. Tencent Music is involved in the business of developing exclusive services in the online music market for China. It is a joint venture between Tencent Holdings and Sweden-based music streaming service Spotify. Tencent Music has multiple apps in China that stream music online. It has over 800 million users of which 120 million are premium subscribers. The Xiami Music app failed to attract music lovers and thus it couldn't gain popularity in the Chinese market. The existing player accounts for nearly 56 percent of the online music market. Xiami Music app accounted for just 1.8 percent of the market share which translates into 11.9 million users. Alibaba's decision to shut shown the app comes close on the heels of Chinese regulators launching an antitrust probe into Alibaba. Its co-founder Jack Ma is also making the headlines as he is rumored to be missing for the last two months. According to Alibaba, users of the Xiami Music app will lose their data once its services are discontinued.

Alibaba Wants To Make Cloud OS Apsara Compatible With Processors As It Eyes Business Expansion In Global Chip Market

Chinese e-commerce giant Alibaba is aiming at the global chip market. The company said that its cloud computing team is making efforts to push more compatibility. The team is working on adding supports to make Apsara operating system compatible with processors. It could soon become compatible with processors that are based on x86, Arm, RISC-V, […]

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Apple

Apple Finally Adds 5G iPadOS Updates For 2021 iPad Pro To Enable Owners Download & Install Updates Over 5G Network

Apple launched its most powerful and advanced iPad Pro earlier this year. The company has now released an important update for iPadOS. The Cupertino-based tech giant said that iPadOS has now support for 5G. This means that 2021 iPad Pro users can start downloading and installing iPadOS updates over 5G. Apple had launched a similar […]

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Apple

Apple Awards USD 45 Million To Corning From Its Advanced Manufacturing Fund

Apple is known for making strategic investments into companies that may provide the tech giant better solutions in the future. This is the reason why it invested USD 410 million in the company that provides Apple with VCSELs and LiDAR sensors. Not it has awarded USD 45 million to Corning. The amount has been awarded […]

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