Businessweek details the plans of Universal chief Doug Morris to take on Apple's iTunes music service.
Morris was once a proponent of Apple's iTunes music store, but has since changed his tune. According to Businessweek sources, Morris is joining forces with other record companies to launch an "industry-owned" subscription service.
Representing 75% of music sold in the U.S., they would ask hardware makers or cell carriers to pay them a $5/month subscription fee. In exchange, consumers of their products would get unlimited music at no additional cost to them ("free"). Music companies would get the $5/month and hardware companies would theoretically sell more units.
Of interest, Businessweek notes that despite these efforts to undermine iTunes, Universal can't afford to simply pull their music from iTunes, which holds a 70% marketshare in music downloads.
While the iPhone 18 Pro and iPhone 18 Pro Max are not launching until September, there are already plenty of rumors about the devices.
It was initially reported that the iPhone 18 Pro models would have fully under-screen Face ID, with only a front camera visible in the top-left corner of the screen. However, the latest rumors indicate that only one Face ID component will be moved under the...
Apple CEO Tim Cook is stepping down as Apple's chief executive officer, and hardware engineering chief John Ternus is set to take over, Apple announced today.
Cook will continue on as Apple CEO through the summer, with Ternus set to join Apple's Board of Directors and take over as CEO on September 1, 2026. Cook is going to transition to executive chairman, and he will "assist with certain...
Apple is downgrading the planned specifications of the standard iPhone 18 to cut costs, a leaker claims.
In a new post on Weibo, the user known as "Fixed Focus Digital" said that the iPhone 18 features "certain manufacturing downgrades" that bring it more into line with the low-cost iPhone 18e model. The decision is said to be "a cost-cutting measure."
Apple has apparently chosen to...
