Business is war.
A British tribunal ruled on Thursday that Apple violated competition law through its App Store practices. The Competition Appeal Tribunal determined that the technology company blocked rivals from the app distribution market and imposed unfair charges on developers. Claimants seek more than 1.5 billion pounds in damages on behalf of millions of iPhone and iPad…
Malaysia’s stock exchange recovered from early losses on Friday morning as investors purchased selected industrial and utility shares. The benchmark FTSE Bursa Malaysia KLCI index rose 0.99 points to 1,608.99 by 9:10 a.m. after initially dropping 0.97 points at the opening bell. Market activity showed 250 advancing stocks against 96 declining issues, with turnover reaching…
Malaysia’s currency rose against the dollar on Friday morning as investors awaited U.S. inflation data. The ringgit traded at 4.2190 per dollar at 8:02 a.m., improving from the previous day’s closing rate of 4.2250. Bank Muamalat Malaysia chief economist Mohd Afzanizam Abdul Rashid said analysts expect September’s consumer price index to show a 3.1 percent…
British vocalist Celeste disclosed tensions with her record company ahead of her second album release. The artist stated on social media that Polydor Records provided minimal promotional backing for Woman Of Faces and pressured her to add specific tracks against her wishes. She described facing retaliation for refusing label demands and observed her creative concepts…
A sheriff’s deputy pepper-sprayed a 15-year-old attendee at a Turnstile concert in Richmond one month ago. Body camera recordings obtained by CBS 6 from Sheriff Antionette Irving show no warning was given before the chemical agent was deployed. The teenager described feeling a burning sensation and losing vision after being hit while near the stage….
Music Nation Copyrights Management began administering public performance and mechanical rights across the United Arab Emirates after receiving government approval in June. The collective management organization partners with Broadcast Music Inc. and SoundExchange to administer neighboring rights. Rasha Khalifa Al Mubarak founded the company and serves as chairwoman alongside newly appointed executives Amer M. Samhoun,…
IMPALA has challenged Universal Music Group’s proposed purchase of Downtown Music Holdings with fresh arguments about cultural harm. The independent music trade organization released an analysis suggesting the $775 million transaction would reduce revenues for smaller labels and limit diverse music releases across Europe. European competition regulators continue examining the deal after escalating their review…
Global Music Community has secured $1 million in funding to advance its artificial intelligence platform for artist career guidance. The France-based startup attracted investment from Real Madrid midfielder Aurélien Tchouaméni, Barcelona defender Jules Koundé and AC Milan goalkeeper Mike Maignan. Cultural entrepreneur Mamby Laye Diomandé joined the funding round. Alexandre Deniot and Thomas Quenoil established…
Warner Chappell Music has reached an administration agreement with Victor Le Masne, covering his catalog and works through Multiman Records. The French composer served as music director for the Paris 2024 Olympic and Paralympic Games ceremonies, creating original scores and the official anthem Parade. Le Masne began his career with electro-pop duo Housse de Racket…
Deezer generated 131.4 million euros in third-quarter 2025 revenue, as direct subscriptions grew while partnership income declined. The French streaming service added 9.7 percent more direct subscribers year over year to reach 5.5 million users by quarter’s end. France accounted for 3.7 million subscribers, with 11.7 percent annual growth driven by family plan adoption. Partnership…
