Sectors
Spotify Launches "Found Them First" Tool For Users’ Bragging Rights Over Breakout Artists
Spotify subscribers can finally brag to their friends they're among the very first people in the whole world who have listened to an artist who just made their biggest break in the music industry. Thanks to the digital music service provider's discovery tool called "Found Them First," subscribers and their followers can finally know the list of rising artists personally streamed.
IRS Rejects Yahoo's Tax-Free Alibaba Spin-off Request, Sending Stocks Down 4%
IRS declined to bless Yahoo's planned tax-free Alibaba spin-off, sending its shares down about 4%. According to Business Insider, Yahoo owns 384 million shares of Chinese tech giant Alibaba, which is worth $23 billion. Yahoo plans to turn that into a separate company with its small-business unit in a tax-free transaction that allows it to give much of the value back to Yahoo shareholders. However, IRS declined to grant Yahoo's request. It doesn't mean the IRS rejected Yahoo's plan directly. IRS is simply telling Yahoo it can't be too confident about the approval of the deal.
Will Lenovo, HP and Dell consolidate in the PC market in the coming years?
Three PC makers, Lenovo, HP and Dell will consolidate in the PC market, says Michael Dell on a press briefing in Bengaluru, India Michael Dell, Dell Inc. CEO, told Reuters he predicts there would be consolidation among three PC makers in the market. These are Dell, HP and Lenovo. These three PC manufacturing companies will take over 80% of the market in a few years.
Merger of Four Major Insurance Companies May Harm Healthcare Industry
Doctors, hospitals and healthcare groups criticized the proposed merger of four major insurances, saying that it could lead to harm for the healthcare industry.




