Tag Archives: amzn

Apple’s music service talks spark antitrust concerns

Apple (AAPL) is raising hackles among competitors in the streaming music sector because of its talks with record labels aimed at ending free streaming tiers at rivals like Spotify. Apple has been pushing major music labels to discontinue their free-music-streaming licenses with Spotify ahead of the launch of Apple’s new paid-streaming-music service, the Verge reported. Apple also has targeted Google’s (GOOGL) YouTube music service for similar action, the report said. Apple’s activity has attracted the attention of the U.S. Department of Justice and the Federal Trade Commission, the Verge said. The regulatory agencies are concerned that Apple’s business practices in the music space might be anticompetitive. In July 2013, Apple was found guilty of violating federal antitrust law for conspiring with top book publishers to raise e-book prices by getting them to change their contract terms with market leader Amazon.com (AMZN). Apple worked with the publishers ahead of the launch of its e-book store and iPad tablet…

Amazon Seen Dominating Cloud, Like IBM, WinTel Before

Amazon.com (AMZN) could dominate the public cloud service field much as IBM (IBM) and Microsoft-Intel dominated two earlier computing platforms, says Oppenheimer, which Monday hiked its price target on Amazon stock by a lot. Jason Helfstein, an Oppenheimer analyst, expects Amazon to continue grabbing share in the e-commerce market as well. In a research note, Helfstein raised his price target on Amazon stock to 525 from 415. Amazon stock was up

Watch Out Netflix, Amazon: Hulu Is ‘Coming To Play’

Netflix may be the dominant player in the streaming video arena, but Hulu is on an aggressive path to become master of its domain. The site outbid Amazon (AMZN) and Yahoo (YHOO) for “Seinfeld” reruns last week, shelling out a reported $180 million. (Netflix (NFLX) is said to have passed on the 20-year-old sitcom.) Now Hulu is cranking up the publicity machine for the J.J. Abrams-produced “11/22/63,” its most high-profile original