Ride-services company Lyft has raised $600 million in fresh funding, fuel for the company’s growth as it continues to compete fiercely with larger rival Uber. Lyft said on Tuesday it closed the widely anticipated funding round, which had been in progress for weeks. The $600 million came mostly from large global investment funds rather than […]
After a 12-year partnership with Sony Music’s Arista Nashville imprint, Carrie Underwood has signed a new worldwide record deal with Universal Music Group, it was announced Tuesday. The seven-time Grammy winner will team up with Capitol Records Nashville as part of UMG for the next phase of her career. “Already a top tier force in […]
Earlier this month, at SXSW, Adidas teased it was working on new, “open” digital fitness products. And today we’re getting a clearer picture of its strategy, thanks to the introduction of All Day, an app for iOS and Android that’s designed for “versatile” athletes. What this means, according to Adidas, is that the application will […]
Tensions between Netflix and Hollywood are escalating after the streaming-video company was accused of making attempts to poach executives from Fox 21 Television Studios. Netflix is is expected to spend more than $6 billion on original and acquired programming this year. Photo: Stranger Things (Netflix) The streaming-video service is hogging talent and pushing up prices, […]
Tune of The Week
Sony has unveiled Xperia Touch, a $1,600 interactive projector that converts any flat surface into a 23-inch touchscreen, and a smartphone model with a super-slow motion camera and 4K screen.