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China’s Tencent Music raises $1.1 billion in downsized US IPO

China’s Tencent Music raises .1 billion in downsized US IPO Tencent Music, China’s largest streaming company, has raised $1.1 billion in a U.S. IPO after it priced its shares at $13 a piece ahead of a listing on the Nasdaq. That makes it one of the largest tech listings of the year, […]

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Apple’s Shazam acquisition cleared by EU regulators

Apple’s Shazam acquisition cleared by EU regulators European regulators have given the green light to Apple’s December 2017 acquisition of music and image recognition discovery firm Shazam. Apple Music is the second largest music streaming service in Europe, after Spotify . While Shazam offers what has been described as “a leading music […]

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