Indie Music Agency Merlin: iTunes Remains Biggest Digital Destination; Spotify And Amazon 2nd And 3rd; Streaming Still Just An Opening Act
On the heels of Google wading into the music streaming waters with its Google Play Music All Access service, with a $10 fee for all-you-can-eat streamed tracks, the indie music agency Merlin has today published some results of a recent survey of its 20,000-label member group, plus an analysis of 6.5 billion music streams over the last year, which spell out where the money is coming from today. It notes that streaming services are making increasing headway as a revenue driver for musicians, but that digital downloads -- specifically Apple's iTunes -- are still ruling the roost.
Google Cloud Platform Opens To General Availability With New Pricing And Data Tools To Compete With AWS
Google announced today at I/O that it made Google Cloud Platform generally available, marking a milestone for the cloud community and the real arrival of a giant to contend with Amazon Web Services (AWS) and its pay-as-you-go pricing.
@WalmartLabs Acquires Cloud Computing Startup OneOps & Delicious Founder's Tasty Labs
Walmart, via its Silicon Valley innovation lab @WalmartLabs, announced today the acquisition of two startups: cloud computing newcomer OneOps and the software development shop Tasty Labs, from Delicious founder Joshua Schachter. Tasty Labs offered two services Jig.com and Human.io – both domains which are now redirecting to Walmart’s acquisition announcement, along with that of their corporate parent. Walmart declined to disclose deal terms. OneOps developed a Platform-as-a-Service (PaaS) capability that Walmart explains will enable it to “significantly accelerate” its PaaS and Private Cloud Infrastructure-as-a-Service (IaaS) strategies. The company offered developer tools built from the ground up for those who host their applications on cloud services like Amazon’s Web Services, for example, as well as Rackspace and HP Cloud. Developers could publish to any cloud, and seamlessly port their apps elsewhere as needed, eliminating lock-in. The company offered a library of predefined ...
GraphLab Raises $6.75M For Data Analysis Used In Consumer Recommendation Services
GraphLab, the open-source distributed database, has received $6.75 million from Madrona Venture Group and NEA for its machine learning technology used to analyze data graphs for recommendation engines. Developed five years ago at Carnegie Mellon University five years ago, the open-source data analysis platform takes semi-structured data that describe relationships between people, web traffic, product purchases and other data. It then analyzes that data for services to provide online recommendations. Graph databases, similar to Graphlab, have increased in use as more data needs correlating to better understand its meaning. Wikiepdia describes graph database in the context of graph theory. It applies mathematical structures “used to model pairwise relations between objects. A graph in this context is made up of vertices or nodes and lines called edges that connect them.” It’s the ability to make the connections between billions of nodes and lines that forms the basis for making recommendations. ...
Rackspace Share Price Down 25% As Cloud Price Wars Take Their Toll
Rackspace will open trading this morning on the New York Stock Exchange with a share price that dropped nearly 25% on Thursday. The stock dropped after the company missed its earnings, raising concerns the cloud price wars with giants like Amazon Web Services are taking its toll.