Apple has finalized a business agreement with Dialog Semiconductor to license its iPhone power management technology and transfer technical assets, in a deal worth $600 million.
As part of the agreement, Apple will acquire some of the Anglo-German chipmaker’s assets and 300 of its R&D staff, which is around 16 percent of Dialog’s workforce. Dialog’s shares rose as much as 34 percent on the news, their highest since 2002.
Announcing the deal on Thursday, Dialog said Apple would pay it $300 million in cash for the transaction and prepay a further $300 million for products to be delivered to Apple over the next three years. [...]
Apple has established an exclusive playlist deal with the Ministry of Sound label, an Apple representative told Variety this afternoon.
Under the terms of the partnership, Ministry of Sound-created playlists will be available on Apple Music starting on Thursday, October 4.
Owned by Sony, Ministry of Sound currently offers several popular playlists on Spotify, such as „Dance Nation,“ „Rave Nation,“ and „R&B Mixtape.“
Because of the new deal with Apple Music, these playlists, some of which have hundreds of thousands of followers, will be pulled from Spotify and other non-Apple services over the course of the next few [...]
Apple has given a straight-to-series order for drama series „Defending Jacob,“ which will star Chris Evans, known for his roles in „Captain America“ and „The Avengers,“ reports Deadline.
„Defending Jacob“ is a thriller based on William Landay’s bestselling novel of the same title. The book covers the murder of a 14-year-old boy and his friend Jacob, who may have committed the crime.
According to Deadline, the tv adaptation is described as a „gripping, character-driven thriller.“
The series was created and written by Mark Bomback, known for the „Planet of the Apes“ trilogy. [...]
Spotify and Hulu are further sweetening their student subscription offer by adding a monthly Showtime subscription into the mix, pricing everything at $0.99 for the first three months and $4.99 per month after (via The Verge). This means that eligible college students can get a Spotify Premium subscription ($9.99/month), Hulu With Limited Commercials subscription ($7.99/month), and a Showtime subscription ($10.99/month) for $4.99 per month.
The updated student subscription is available beginning today and is open only to higher education students above the age of 18 who haven’t already tried Spotify Premium. The offer will be live for just over [...]