Spotify targets emerging markets with stripped-down app

Africa, Asia and the Middle East currently make up just 13 percent of Spotify’s listeners. Spotify Technology SA released a new version of its music streaming app for customers in emerging markets, an effort to grow outside of its strongholds in the U.S. and Europe. The Spotify Lite app, which runs on Android phones, will appeal to users who are limited by data plans and slower networks, especially in regions like Asia, the Middle East, Africa and Latin America, the company said in a statement. The app was released in…

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Virgin Galactic IPO set for blast-off

Branson’s countdown has begun as he aims to lead the world’s first publicly traded human spaceflight company. Ever fancy owning your own spaceship? Well, you should soon be able to buy shares in one, if Richard Branson succeeds in getting his Virgin Galactic IPO off the launchpad. Branson’s space-tourism venture plans to go public as part of a deal with a special purpose acquisition company (SPAC) created by Social Capital LP Chief Executive Officer Chamath Palihapitiya, a person familiar with the matter told Reuters news agency. The deal was earlier…

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H Ross Perot, US billionaire and ex-politician, dies aged 89

Perot, a self-made Texas billionaire, ran for US president as a third-party candidate twice in the 1990s. Henry Ross Perot – the colourful, self-made Texas billionaire who rose from a childhood of Depression-era poverty and twice ran for president as a third-party candidate – has died at the age of 89. Perot, whose 19 percent of the vote in the 1992 United States presidential race stands among the best showings by an independent candidate in the past century, died early on Tuesday at his home in Dallas surrounded by his…

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President Trump’s personal tax records could soon be made public

New York state governor signs TRUST Act into law, allowing Congress access to President Trump’s state tax returns. New York state on Monday cleared the way for Democrats in the US Congress to obtain President Donald Trump‘s state tax returns, raising the possibility of fresh avenues of inquiry for legislators investigating his finances. Governor Andrew Cuomo signed an amendment to a tax law that would require the commissioner of the Department of Taxation and Finance to share state income tax returns and reports when certain congressional committees request them. The…

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