Selasa, 30 April 2019

Instagram Is Hiding Like Counts From Followers In A Test To See If You’ll Feel Less Horrible - BuzzFeed News

Instagram will test hiding the like count from photos, and view counts from videos, in an effort to get users to pay attention to the content itself and not their associated engagement metrics, the Facebook-owned app announced on Tuesday.

In the test, followers won’t see total likes on photos, or views counts on videos, in their Instagram feeds or on when visiting a user’s profile. The account owner will still be able to access their own metrics and see the total likes or view counts for a specific post, although they will need to tap through a post to view those metrics. Instagram said that the “private likes” test would begin later this week for users in Canada at F8, Facebook’s annual developers conference.

Critics of social media companies have said that the public emphasis of such metrics as likes incentivizes negative behavior on platforms including Facebook, Twitter, and Instagram, leading users to chase engagement to measure their self-worth. Many social media companies use algorithms that take into account a post’s likes or view counts, among other metrics, to determine how to distribute that content to other users.

Head of Instagram Adam Mosseri told BuzzFeed News that the test wasn’t about incentivizing specific behavior, but “about creating a less pressurized environment where people feel comfortable expressing themselves” and focus less on like counts. “We do hear people worry about how many like counts they get,” he said.

Likes can also be an inaccurate way of measuring genuine engagement from users. There are online services that offer Instagram users to buy likes or comments, while BuzzFeed News has shown that real people have turned their own accounts into bots to exploit and benefit from mutual engagement.

Mosseri said he wasn’t taking the full removal of like counts or video views “off the table” in the future and noted that he was hoping to learn from this first test.

He also said he would have to think about hiding metrics in Stories, one of Instagram’s most popular features, in the future. Stories, ephemeral photos and videos that are broadcast to a user’s followers or certain groups, allow a post’s author to see how many people viewed that post (it does not display Story view counts to followers).

“Stories was, in part, the inspiration for this test,” Mosseri said.

Jane Manchun Wong, a technology blogger who reverse engineers popular apps to uncover unreleased features, first spotted the test earlier this month in an internal employee-only prototype.

Instagram’s test follows a similar one by Twitter. In an experimental prototype app called twttr, like and retweet counts are hidden in a tweet’s replies as a part of the company’s efforts to improve how people understand a conversation. Users must tap on each reply to see like and retweet figures.

As a follower, without seeing a like count, “I don’t have this piece of information to help me gauge whether this is a good reply I should read,” said Twitter senior product designer Lisa Ding in explaining the ‘twttr’ experiment to BuzzFeed News. “Does that make you read more? How does that change the way you interact in a conversation? That’s super interesting [to us].”

Twitter CEO Jack Dorsey has spoken openly about potentially removing other metrics, like follower counts, as well. “The question we're now asking is, is that necessarily the right incentive? Is the number of followers you have really a proxy for how much you contribute to Twitter and this digital public square?" Dorsey said in a September 2018 interview with Inc.

Mosseri said he was unaware of Twitter's beta tests that involve hiding engagement figures.

Jill Murphy, the editor-in-chief of Common Sense Media, a nonprofit that studies the digital well-being of minors, said that the “race for more likes” leads kids to post more, instead of reflecting on the content of their posts. Minors, she noted, may not think of the long term ramifications of broadcasting every thought or piece of imagery on a digital record.

While she was optimistic about potential changes in how companies display engagement metrics, Murphy added that one tweak won’t be enough to move away from a culture where desire for approval is paramount.

“It’s great that the industry is starting to take real, specific steps, but is removing engagement enough?” she said. “Is that the only solution? Probably not.”

Last January, in response to mounting criticism that technology platforms do more harm than good, Facebook CEO Mark Zuckerberg said the company would start focusing on “time well spent,” a phrase Zuckerberg defined as a “a responsibility to make sure our services aren’t just fun to use, but also good for people's well-being.” It’s unclear whether removing likes on Instagram will actually make people feel less horrible about the popularity of their posts, or if they’ll just switch their focus to other forms of validation on the platform.

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https://www.buzzfeednews.com/article/ryanmac/instagram-hide-like-counts-in-test

2019-04-30 17:31:00Z
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Samsung Unveils a $16,000 Vertical TV for Viewing Instagram - PetaPixel

Samsung has announced an unusual new TV that’s designed for “the millennial generation.” It’s a 43-inch vertical screen that’s optimized for viewing the same social media content you enjoy on your phone. In case, you know, you’ve always wanted to browse your Instagram feed on the big screen.

The TV is called The Sero, which translates to “The Vertical” in Korean. It features a simple mirroring function that lets you synchronize your mobile device display with the TV via NFC.

Since many photos and videos captured on smartphones and shared on social networks these days are in vertical (AKA portrait) orientation, The Sero allows those photos and videos to be enjoyed on the full vertical screen (perhaps even with room for comments on the bottom).

What’s more, if you’d like to view anything in conventional landscape orientation, you can easily rotate the screen on the stand.

The Sero will be released in Korea at the end of May 2019 with a hefty price tag of ₩18.9 million, or about $16,300. No word yet on if/when it will be sold in the US or how much it would cost outside of Korea.

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https://petapixel.com/2019/04/30/samsung-unveils-a-16000-vertical-tv-for-viewing-instagram/

2019-04-30 15:23:00Z
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Garmin refreshes its line of Forerunner GPS watches with five new models - The Verge

Garmin is updating its line of Forerunner GPS running watches today with an entirely new lineup of watches, ranging from the entry-level $199.99 Forerunner 45 to the $599.99 Forerunner 945, which is meant for professional athletes.

The Forerunner 45 (and 45S, which is a smaller version of the 45) have gotten the biggest visual changes of the lineup. They have the same round watchface as the pricier models in the Forerunner lineup, along with some new tracking features for planning exercises throughout the day and support for Garmin’s Coach function. Like all of Garmin’s Forerunner watches, there’s a built-in heart rate sensor and onboard GPS.

The 245 (and 245 Music, which is the same as the 245, but with the option to locally store up to 500 songs) is an updated version of the 235, and it gets newly added support for stress and sleep tracking, more sports to track, and an updated UI. It also adds a pulse oximeter sensor for even more fitness data.

Lastly, there’s the new Forerunner 945, the $599.99 flagship of the lineup. The 945 adds a pulse oximeter to measure oxygen absorption, Garmin Pay for contactless purchases, and full-color maps for navigating while out running. It can store up to 1,000 songs locally (from compatible services like Spotify or Deezer), and there’s a new tool for analyzing past workout history to improve future training. Garmin promises up to two weeks of battery life in smartwatch mode, up to 36 hours in GPS mode, and up to 10 hours with both GPS and music active.

The Forerunner 45 models will be available later in May. The Forerunner 245, Forerunner 245 Music, and Forerunner 945 are available now.

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https://www.theverge.com/circuitbreaker/2019/4/30/18523783/garmin-forerunner-gps-watches-45-245-945-updates-pulse-running

2019-04-30 15:15:15Z
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Amazon knocks $300 off Apple's latest iPad Pros, delivering new record low prices - AppleInsider

  Fresh markdows are in this Tuesday at Amazon, with Late 2018 11-inch iPad Pros falling to new record low prices. Save up to $300 instantly while supplies last.


The new, lower prices reflect an additional $25 to $100 discount on select models, with overall prices on the latest iPad Pros starting at $674.99. In addition to savings on tablets, Amazon is also issuing steep price cuts on MacBook Pros and even budget-friendly iPads. For a complete rundown of the latest offers, be sure to check out Amazon's Apple deals page, as well as our own Apple Price Guide, with the latter offering price comparison shopping across top Apple authorized resellers.

Brand-new markdowns

Plus save $125 to $200 on other 11" iPad Pros

12.9" iPad Pros (Late 2018) are also on sale

$999 13" MacBook Pros

Additional Apple Deals


AppleInsider and Apple authorized resellers are also running a handful of additional exclusive promotions this month on Apple hardware that will not only deliver the lowest prices on many of the items, but also throw in discounts on AppleCare, software and accessories. These deals are as follows:

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https://appleinsider.com/articles/19/04/30/amazon-knocks-300-off-apples-latest-ipad-pros-delivering-new-record-low-prices

2019-04-30 14:54:00Z
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Apple Says Aperture Won't Run in Future macOS Versions After Mojave - Mac Rumors

In a new support document, Apple has indicated that its legacy photo editing suite Aperture will not run in future versions of macOS after macOS Mojave. The support document provides users with steps to migrate Aperture libraries to Apple's newer Photos app for Mac or Adobe Lightroom Classic.


Apple ceased development of Aperture in June 2014 and removed the software from the Mac App Store in April 2015 after the launch of the Photos app for Mac. However, the application continues to function on macOS Mojave for users who still have it installed, albeit with some performance limitations.

As part of the transition from 32-bit to 64-bit, certain media files created using older formats or codecs will also be incompatible with future versions of macOS after macOS Mojave. Apple has shared instructions on how to convert incompatible media in iMovie libraries and Final Cut Pro X and Motion projects.

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https://www.macrumors.com/2019/04/30/aperture-wont-run-beyond-macos-mojave/

2019-04-30 12:41:00Z
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The 18000mAh Energizer phone dies an undignified death after funding failure - TechRadar

The Energizer Power Max P18K Pop, an Energizer phone with a massive 18,000mAh battery, has finally finished ringing its death knell, after a wildly unsuccessful Indiegogo campaign saw it receive only 1% of the required funding.

The massive handset was shown off at MWC 2019 in February, and launched on Indiegogo in late March. However it doesn't seem like many people were taken with the Energizer-branded phone – the crowdfunding window is now closed, and the device only ended up raising $15,000 / £11,000, with 11 backers.

Avenir Telecom, who licenses the Energizer name for use on smartphones, set the crowdfunding goal at a whopping $1.2 million / £920,000, and at $599 / £461 for an individual phone, the company would need to ship 2,000 of the handsets to reach the goal.

There were also savings for multi-buy pledges, which seem to be what the few backers chose to fund, so in reality Energizer likely anticipated shipping 2,500 or 3,000 phones. Now, however, it looks like the Energizer Power Max P18K Pop will never see the light of day

Why did the Energizer phone fail?

We've already written an in-depth analysis of why no-one funded the Energizer phone, but to put it simply, there's a very limited audience for a phone the size and weight of a brick.

Despite some pretty intriguing and novel features, like the dual-sensor pop-up camera and the massive battery, we just couldn't see anyone choosing to spend their money on the Energizer Power Max P18K Pop, especially when other great phones exist for the same price.

At the end of the day, the Energizer phone was just a novelty – one with a long, confusing name too.

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https://www.techradar.com/news/the-18000mah-energizer-phone-dies-an-undignified-death-after-funding-failure

2019-04-30 12:04:00Z
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Garmin's fitness watches are getting period-tracking via an update - Engadget

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Garmin has added a feature for tracking menstrual cycles to its line of connected wearables and smartwatches. Women can now track their menstrual cycle and log symptoms through the Garmin Connect app. They can opt-in to receive reminders for periods and fertility windows on their Garmin smartwatches or wearables. With its new period tracker, Garmin joins other major fitness tracking apps such as Fitbit and Apple Health in giving their female users an option to track their reproductive health.

Garmin's period tracking feature was developed by an all-female team, from engineers to marketing. "In this way, we could ensure we were authentically addressing a women's actual wants and needs," said Susan Lyman, Garmin's vice president of global consumer marketing in a press release.

Technology has a dubious track record in addressing women's "actual wants and needs" when it comes to their bodies. Fitness trackers have been late to the game in adopting features specifically designed for women's health. While separate apps aimed at women's menstrual cycles are almost as old as smartphones, they vary highly in quality and ease of use. Women who sought a comprehensive picture of their health all in one place -- from their menstrual cycle, sleep and calories burned -- didn't have that many options until recently. Following complaints, Apple announced it would be adding a period tracking feature in 2015; an entire year after it debuted their HealthKit. Fitbit only launched a period tracking feature back in July, and its features are pretty lacking.

One notable perk of Garmin's period tracker is that it will allow women to customize their cycles based on whether they're regular, irregular or nearing menopause. Period apps are easily thrown off by irregular or short periods, but hopefully Garmin's new period tracking feature will better accommodate this.

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https://www.engadget.com/2019/04/30/garmin-menstrual-period-tracking-software-update/

2019-04-30 11:00:37Z
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Energizer's giant battery phone reached just 1 percent of its funding goal - Engadget

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Remember the comically enormous phone that Avenir Telecom showed off under the Energizer brand at this year's Mobile World Congress? Its subsequent crowdfunding campaign has crashed and burned, as The Verge points out.

The P18K Pop, as the name suggests, had an 18,000mAh battery (for reference, a typical smartphone has 3,000mAh) and consequently was about the thickness of three iPhones.

The phone got lots of attention and headlines, but as has been proven time and again in tech, those don't necessarily translate to sales. That lesson has come down on Avenir Telecom like a tonne of bricks (or brick-sized phones) now that the phone's crowdfunding page, which ambitiously asked for £927,873 (about $1.2 million), has closed at just 1 percent of its target.

Avenir's Indiegogo page attracted just 11 backers, who contributed a total of £11,602 (about $15,000). The campaign perks ranged from a single P18K handset at £425 ($549) to a three-pack at £1,227 ($1587).

The P18K Pop included a pop-up selfie camera (hence the 'Pop' in the name), which pleasingly made the handset look like an Energizer battery. It also packed a treble rear camera with depth sensor, Android 9.0 Pie and even an FM radio.

The crowdfunding campaign promised the phones would be delivered in October this year, but it appears that won't be happening now. The huge target does suggest it was all a marketing stunt, however: it's hard to believe the company truly believed they could raise over $1 million with a phone that wouldn't fit in a clutch bag, never mind a pocket.

Still, the failure of the phone to raise anything more than eyebrows should be borne in mind next time a survey claims consumers want battery life above all else.

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https://www.engadget.com/2019/04/30/energizer-p18k-pop-crowdfunding/

2019-04-30 09:50:26Z
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Apple earnings; Tech weakness; Growth recovering - CNN

The company is expected to report declines in revenue and profit following the closing bell on Tuesday. Analysts expect revenue in the three months ended March to fall 6% to $57.4 billion, while net income is forecast to decline by 20%.
Apple's (AAPL) biggest problem is the iPhone, which has fallen from grace since customers started balking at expensive upgrades and buying cheaper phones from Chinese competitors like Huawei and Xiaomi.
Investors are hoping that CEO Tim Cook can find another way to boost growth. Services such as Apple Pay, Apple Care and Apple Music could be the company's next big focus.
2. Tech weakness: Google (GOOGL) and Samsung (SSNLF) both disappointed investors with their quarterly earnings.
Samsung said Tuesday that its operating profit plunged 60% in the quarter to 6.2 trillion won ($5.3 billion). Sales for the three months ended March dropped 14% to 52.4 trillion won ($45 billion).
The dismal report comes a week after Samsung delayed the launch of its highly anticipated foldable smartphone after several reviewers reported defects. Shares fell less than 1% in Seoul.
Google parent company Alphabet posted $36.3 billion in revenue for the first quarter after the US market closed on Monday. About 85% of that revenue came from its core advertising business.
Overall revenue increased by just 17% from the same period a year earlier, missing Wall Street estimates and raising concerns that Google is feeling the competition from Facebook (FB) and Amazon (AMZN).
Shares in Alphabet fell 7% in extended trading.
3. Good news from Europe: Eurozone economic growth accelerated in the first three months of the year to 0.4%, double the rate posted in the previous quarter. Growth was 1.2% on an annualized basis.
It's the latest evidence to suggest that the world's biggest economies are more resilient than many economists thought.
China topped expectations by posting first quarter growth of 6.4%, and the US economy grew at a much better than expected rate of 3.2%.
4. More from Milken: The Milken Institute's annual Global Conference continues in Los Angeles. This year's theme is "Driving Shared Prosperity."
Speakers scheduled for Tuesday include Citadel founder Ken Griffin and White House Acting Chief of Staff Mick Mulvaney.
CNN Business will have live coverage from the event.
5. Global market overview: US stock futures were little changed.
European markets opened lower. Stocks in Asia were mixed. The Shanghai Composite added 0.5% despite disappointing manufacturing data in China.
The S&P 500 and the Nasdaq finished at record levels on Monday after posting small gains. The Dow eked out a gain of less than 0.1%.
6. Earnings and economics: Baker Hughes (BHGE), BP (BP), ConocoPhillips (COP), Eli Lilly (LLY), General Electric (GE), General Motors (GM), MasterCard (MA), McDonald's (MCD), Pfizer (PFE) and Phillips 66 (PSX) are releasing earnings before the open.
Apple (AAPL), Denny's (DENN), Groupon (GRPN) and Mondelez International (MDLZ) are up after the close.
US consumer confidence and pending home sales are due at 10:00 a.m. ET.
7. Coming this week:
Tuesday — Eurozone GDP; Fed meeting starts; China manufacturing PMI; GM (GM), GE and Apple earnings
Wednesday — Fed decision; Yum Brands (YUM) and CVS (CVS) earnings
Thursday — Bank of England policy update; Under Armour (UA) and Dunkin' (DNKN) earnings; weekly jobless claims; Caixin China manufacturing PMI
Friday — Jobs report; Eurozone inflation, Fiat Chrysler (FCAU) earnings

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https://www.cnn.com/2019/04/30/investing/premarket-stocks-trading/index.html

2019-04-30 10:08:00Z
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Energizer’s 18,000mAh phone-battery monster is an Indiegogo flop - The Verge

The Energizer name figured prominently at Mobile World Congress this year, courtesy of a prototype Android smartphone that was about an inch thick, consisting mostly of a giant battery. The 18,000mAh Energizer Power Max P18K Pop was a preview of something Avenir Telecom, the company licensing the battery brand’s name for use on phones, wanted to mass-produce and bring to the market by this summer. After that successful MWC debut, the P18K Pop turned up on Indiegogo with an early-bird price of $549, a promised delivery window of October 2019, and an optimistic goal of $1.2 million in total funding.

Today, Avenir’s Indiegogo campaign for the Energizer battery-with-a-phone-in-it concluded with a whimper, having accumulated a scant $15,005 in pledged support. Since the campaign fell 99 percent short of achieving its original goal, and all funding was conditional on it being fully funded, the entire exercise seems to have been for naught. Then again, given how many companies use crowdfunding platforms primarily as marketing levers, there’s a reasonable argument to be made that Avenir Telecom maybe never really believed it would be able to go beyond the prototype stage with its P18K Pop.

The calculus for the company can be read as simply as “let’s do something to grab people’s attention, throw it on Indiegogo with an unlikely funding goal, and only in the event that people go wild over it should we build anything.” People did find the Energizer-branded brick-phone-battery hybrid fun and exciting to gawk at, but when it came time to put money toward turning it into a real product, enthusiasm was evidently far less abundant.

Ah well, at least now we know there are limits to our desires for ever bigger batteries.

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https://www.theverge.com/circuitbreaker/2019/4/30/18522236/energizer-huge-battery-phone-p18k-pro-indiegogo-price-fail

2019-04-30 08:01:03Z
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Senin, 29 April 2019

Google Calculator gets dark theme with update to v7.6 [APK Download] - Android Police

Regular readers will be well aware by now that Google is in the process of adding a dark mode to all of its core Android apps, including Phone, Contacts, Messages, and so on, supposedly in preparation for the holy grail — a system-wide dark mode. An app of slightly lesser importance is the Google Calculator, but it's receiving the dark mode treatment nonetheless.

Version 7.6 is currently rolling out to users. At first glance, it appears as though nothing much has changed, except for a little pill to make it clear you can pull down to see the app's history. If you tap the overflow (three-dot) menu, you'll find the new 'Choose theme' option, which allows you to select Light, Dark, or Set by Battery Saver.

Blinded by the light.

Light is as before, Dark is as you would expect (sorry, it's very much a dark gray and not true black), and the final choice will keep things bright until battery saver mode is triggered. And that's about all there is to it.

 

You merely adopted the dark.

It's worth also noting — as it wasn't something we were really aware of before — that if the display ratio of your device is sufficiently tall, you'll get the advanced equation options above the number pad rather than in a slide-out panel. Google Calculator version 7.6 is gradually rolling out now via the Play Store but you can download it from APK Mirror right now.

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https://www.androidpolice.com/2019/04/29/google-calculator-gets-dark-theme-with-update-to-v7-6/

2019-04-29 17:36:00Z
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Beats' all-wireless Powerbeats Pro earbuds are available May 10th - Engadget

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Beats by Dr. Dre

You don't have to wait too much longer if you're curious about the Powerbeats Pro. Beats' first truly wireless earbuds will be available in stores on May 10th for $250, with pre-orders starting on May 3rd at 10AM Eastern. You'll have to be content with the black model at first, though -- the ivory, moss and navy versions won't arrive until the summer. Whichever style you get, the functionality is the real draw.

In some ways, these are more advanced, workout-ready versions of the second-generation AirPods. You get the same H1 chip with hands-free "Hey Siri" for Apple devices as well as a battery case to top up your earbuds when not in use. However, the form factor is everything. These are sweat- and water-resistant designs built to stay in your ears when you're at the gym, and they promise better audio quality both compared to the AirPods and to earlier Beats models. The larger size also affords more battery life -- you can expect up to nine hours per charge from the buds themselves, and an extra 15 hours from the case. There's no wireless charging case, but these may be a smarter choice than the AirPods if you live in the Apple ecosystem and value your exercise.

All products recommended by Engadget were selected by our editorial team, independent of our parent company, Verizon Media. If you buy something through one of our links, we may earn an affiliate commission.

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https://www.engadget.com/2019/04/29/beats-powerbeats-pro-available-may-10th/

2019-04-29 14:50:57Z
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Beats' all-wireless Powerbeats Pro earbuds are available May 10th - Engadget

Sponsored Links

Beats by Dr. Dre

You don't have to wait too much longer if you're curious about the Powerbeats Pro. Beats' first truly wireless earbuds will be available in stores on May 10th for $250, with pre-orders starting on May 3rd at 10AM Eastern. You'll have to be content with the black model at first, though -- the ivory, moss and navy versions won't arrive until the summer. Whichever style you get, the functionality is the real draw.

In some ways, these are more advanced, workout-ready versions of the second-generation AirPods. You get the same H1 chip with hands-free "Hey Siri" for Apple devices as well as a battery case to top up your earbuds when not in use. However, the form factor is everything. These are sweat- and water-resistant designs built to stay in your ears when you're at the gym, and they promise better audio quality both compared to the AirPods and to earlier Beats models. The larger size also affords more battery life -- you can expect up to nine hours per charge from the buds themselves, and an extra 15 hours from the case. There's no wireless charging case, but these may be a smarter choice than the AirPods if you live in the Apple ecosystem and value your exercise.

All products recommended by Engadget were selected by our editorial team, independent of our parent company, Verizon Media. If you buy something through one of our links, we may earn an affiliate commission.

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https://www.engadget.com/2019/04/29/beats-powerbeats-pro-available-may-10th/

2019-04-29 14:48:49Z
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Spotify Tops Estimates With 100 Million Paid Users - Yahoo Finance

Spotify Tops Estimates With 100 Million Paid Users

(Bloomberg) -- Spotify has reached 100 million paid subscribers, a first for any online music service, adding more customers in the latest quarter than analysts expected and boosting confidence the company has lots of room to grow.

Spotify Technology SA took on 4 million customers in the quarter, compared with the 3.3 million forecast by analysts. But its first-quarter loss was 79 cents a share, wider than the 41-cent loss analysts expected. After a brief rise, the stock fell as much as 2 percent to $135.50 in New York trading.

Competition from Apple Inc., Amazon.com Inc. and YouTube has done little to slow Spotify’s growth around the world, and the company has relied on its independence from some of the world’s largest companies to its advantage. It has boosted its customer base through promotional deals with Hulu, Samsung and even Alphabet Inc.’s Google (YouTube’s parent company).

“The music industry market is way bigger than most people realized,” Chief Executive Officer Daniel Ek said on a call with analysts.

The company forecast it would add a further 7 million to 10 million subscribers in the current quarter. While Spotify has amassed its current user base thanks to music, the company has acquired three podcasting companies in the past few months to drive subscriber growth through other mediums.

Spotify spent about $400 million to buy Gimlet Media Inc., Anchor and Parcast, hoping that podcasting will turn the company into the world’s top audio platform and reduce its reliance on music. Record labels collect the majority of its annual sales.

Label Payments

Payments to labels are a big reason the Swedish company is still losing a lot of money. Spotify attributed the first-quarter loss largely to higher costs for stock options and restricted stock units, thanks to its share-price gains. Gross margin was 24.7 percent, above the high end of the company’s guidance range.

Spotify is in the midst of negotiations with the world’s three largest music companies -- Universal, Sony and Warner. Executives have cautioned investors not to expect those deals to reduce its costs, but still sounded enthusiastic about concluding talks. “We’re feeling good about the progress we’re making,” Chief Financial Officer Barry McCarthy said in an interview.

Though Spotify’s premium subscribers topped expectations, monthly active users fell just short at 217 million. Spotify was projected to report about 218.3 million total users and 99.3 million premium subscribers, according to estimates compiled by Bloomberg News.

Expansion into new territories, such as India, will sustain growth in free users for years to come, the company said. Spotify has added 2 million customers since expanding to India earlier this year, and McCarthy said Latin America and Asia are growing quickly. Spotify offers a free service with advertisements and limited use, selling a full buffet of on-demand songs and playlists without ads for a fee.

Its growth in recent years has buoyed the entire music industry. Record sales have climbed four years in a row, and surpassed $19 billion in 2018. Shares of the music streaming service have rallied 22 percent so far this year, compared with a 17 percent gain in the S&P 500.

--With assistance from Karen Lin.

To contact the reporter on this story: Lucas Shaw in Los Angeles at lshaw31@bloomberg.net

To contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, John J. Edwards III, David Welch

For more articles like this, please visit us at bloomberg.com

©2019 Bloomberg L.P.

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https://finance.yahoo.com/news/spotify-hits-100-million-paid-101530938.html

2019-04-29 14:12:00Z
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