here are the top 5 trending news from the world of technology
1
Youtube wants to challenge TikTok
It seems that Youtube is completely spooked by the growing popularity of TikTok app. The Google owned platform is reportedly planning to create TikTok rival called Shorts. This new rival will be essentially morphed in a new feature and will be integral part of the Youtube app, according to The Information. The Information further reports that this new feature will be unveiled by the end of 2020. The new feature will allow users everything that TikTok does – from creating short videos and syncing it with favorite songs. Youtube has declined to comment on the matter.
2
Apple’s new deal with Amazon Prime will make customers smile
Apple has evidently struck a deal with Amazon Prime, at least unofficially. As per this unofficial deal, Apple will no longer charge 30% commission on any content sold in any third party video apps (like Amazon Prime) on its IOS platform. This will make it immensely easier for Apple customers to buy and rent title from Amazon Prime app. Right now, only customers living in the US, UK and Germany can avail this benefit.
3
Linkedin makes recruitment tool free for ‘essential posts’ to fight COVID-19
Popular career networking platform Linkedin has now decided to join the bandwagon to fight the coronavirus pandemic. Starting today till for the next three months, the platform will make available free job postings for essential businesses. According to the statement issued by the company, essential businesses include healthcare companies, warehouses, supermarkets, freight delivery services and disaster relief non-profit.
4
Spotify and Warner Music renew global license partnership, ends rift over Indian market
Streaming giant Spotify and music behemoth Warner Music has renewed their global partnership deal. The newly inked deal marks the end of rift between two companies, especially over the contentious and critical market like India. As per the new deal, Warner Music will provide music labels to Spotify in almost all its existing as well as additional markets.
5
Grab hires new CFO – Peter Oey
Ride-hailing giant Grab, which predominantly offers services in Southeast Asian market, has hired a new chief financial officer, Peter Oey. In his previous posting, Oey served as a CFO at legaltech company LegalZoom. In 2018, Grab created ripples across the world by acquiring Uber’s southeast Asian business.
