Spotify to start trading April 3 in NYSE


Music streaming company Spotify will start trading in the New York Stock Exchange on the 3rd of April. According to the company and Wall Street Journal the trading code  in this direct listing will be “SPOT”.

Spotify is having about 159 million active users monthly and majority of the revenues comes from the premiun packages. The average revenue per premium user (ARPU) has declined to 5,32 euros last year from 6,20 euros in 2016.

Spotify´s revenue was 4,1 billion euros last year, up 39 % from year earlier. The loss was 1,24 billion euros, up from 539 million euros in 2016.

According to the company, Spotify is planning to increase its R&D team in London and make it a global R&D hub for the group. Spotify spokespersons comment that the car will be an important part of the company growth in the future, while 30 % of music listening will happen in the car. Spotify has also a venture with Tesla Europe.

Business Tech

Apple to reach records with average selling price

The Californian tech company Apple  (AAPL) is making against all odds. Company announced on Thursday its quarterly figures, which showed that the average selling price hit new records during the last three monts ending on December. The new average selling price was 796 dollars.

According to the company press release, the most popular iPhone was the iPhone X. Although the shippments were down by 1 %, but the revenues were up 13 % to 88,3 billion dollars. This is also all-time-high record.  The diluted EPS was 3,89 dollars, up +16%.

Apple sold 77,3 million iPhones during the period and 65 % of the sales came from international markets. Company is also making a quidance for the next period saying that the gross margin would be 38-38,5 %.

Other products, which include also Apple Watch & Apple TV, were up +36 % from the year earlier and were 5,4 billion dollars. Research and Development were 3,4 billion dollars, up nearly 19 %.

– We’re thrilled to report the biggest quarter in Apple’s history, with broad-based growth that included the highest revenue ever from a new iPhone lineup. iPhone X surpassed our expectations and has been our top-selling iPhone every week since it shipped in November,” said Tim Cook, Apple’s CEO.

The company stock ended in New York to 170,85 dollars, up 0,21 %. Apple´s market cap is 853 billion dollars and return has been over 32 % during the year.


Business Tech

Wearables to increase the mobile payments

Smart watches and wearables are to increase the use of mobile payments in all continents during this year 2018. According to several studies the growth of smartphones together with improved customer experience and faster transactions will increase the mobile payments nearly to 100 billion dollars.

The increase is showing remarkable growth while the mobile payments were estimated to be 35 billion dollars last year. The estimates are from Juniper Research. Apple  is leading the way after the launch of the ApplePay in 2014, but there are also other options like Samsung & Anroid Pay and Xiaomi, ZTE and Lenovo might also enter the new market with their own device software.

This research does not cover the mobile payments for example from the banking sector. Mobile payment software could net over 500 billion dollars in payments by 2020.

The US smartphone penetration exceeded 80 % last year and according to IDC cumulative wearable device shipments are expected to surpass 750 million units by 2020. The declining price trend in the devices will make wearables more affordable to a larger crowd and the real boost in volumes in smartwatches is expected next year with the more use of 5G.




Ford Hybrid – economic driving with design

The Ford Mondeo Vignale is really surprising with the economic driving. This hybrid car is energy efficient with the 89 g/km  CO2-emissions and making the best of the electric and petrol combination. According to the company calculations, the combined consumption is 3,9 l/ 100 km.

It is also designed to last longer – the Ford Vignale Collection is perfect for the weekend travelling. Ford has designed for example Italian-style fashion collection with mobile phone holder and weekendbag. They represent the finest leather quality, as the car´s interior design.

With this car, the car is charging itself during the driving, so there is actually no need for plug-ins at all and the size of the petrol tank is 53 litres.

The hybrid Mondeo has several technologies that increase the safe driving but also they help with communications using Apple CarPlay or Android and having smart voice service to control the navigation.

In recent years Ford Motor (F:US) has transformed its models to meet better the new low carbon regulation and last weekend the company announced that they will invest 11 billion dollars by 2022 to 40 hybrid or fully electric vechiles. This is in line with other big car manufacturers as they are preparing for the new time after fossil fuel engines in 2030 or 2040.


Business Tech

Intel to show virtual reality at the Olympic Games -CES2018

Intel (INTC) will present virtual reality first time at the Winter Olympic Games in South-Korea this year. The company said that they will focus on having 30 different events to engage real-time virtual viewing. Intel showed details about the project during the CES2018 in Las Vegas today.

– Intel will focus primarily on infusing its 5G platforms, Virtual Reality, 3D and 360-degree content development platforms, artificial intelligence platforms, and drones, along with other silicon solutions to enhance the Olympic Games, the company said.

The International Olympic Committee (IOC) and Intel announced in June last year this long-term technology partnership in New York.  IOC President Thomas Bach and Brian Krzanich, Intel’s chief executive officer, said the partnership is through 2024 and they expect this partnership will transform the Olympic Games and the experience globally.

The first Olympic Games activation will take place at the Olympic Winter Games Pyeongchang 2018, in South Korea, in February 2018, where Intel technology will provide real-time virtual reality viewing.

Intel’s global activation rights will include the Olympic Winter Games Pyeongchang 2018, the Olympic Games Tokyo 2020, the Olympic Winter Games Beijing 2022 and the Olympic Games in 2024 in a city yet to be selected.

– Intel 360 replay technology will allow fans to experience the greatest, most memorable Olympic moments from every angle at the Olympic venues. In the future, TV viewers at home will be able to experience what it’s like to be at the Olympic Games with a front-row seat, or choose from many different viewing points in the Olympic venues. The power to choose what they want to see and how they want to experience the Olympic Games will be in the hands of the fans, the company says.



Sports Tech

Samsung outlined its connected IoT strategy – CES2018

Samsung Electronics (SMSN:LI) outlined its vision and strategy for intelligent Internet of Things (IoT) experiences at the 2018 Consumer Electronics Show (CES) in Las Vegas.

During the press conference, Samsung demonstrated its  ability to make seamlessly connected consumer experiences across Samsung devices at home, at the office and on-the-go. Samsung has been working to make all Samsung products IoT ready by 2020. In addition, the company announced today its plan to advance IoT adoption via an open, consistent and intelligent platform.

– At Samsung, we believe IoT should be as easy as flipping a switch. With the new products and services announced today, we’re making IoT easier and more seamless,” said Hyunsuk Kim, President, Head of Samsung’s Consumer Electronics Division and Samsung Research.

– We’re committed to accelerating IoT adoption for everyone and making all Samsung connected devices intelligent by 2020, he said in the press release.


Hyunsuk (HS) Kim, President, Head of Samsung’s Consumer Electronics Division and Samsung Research


Samsung is working with partners such as the Open Connectivity Foundation (OCF). OCF is the largest IoT standardization body in the world.

According to Samsung, in spring 2018 the company will unite its IoT applications, including Samsung Connect, Smart Home, Smart View and more into the SmartThings app to connect and control any SmartThings-enabled device directly from their phone, TV, or car from a single application.

Additionally, Samsung announced plans to connect HARMAN Ignite to the SmartThings Cloud, moving the IoT experience beyond the smart home to the car. As a result, consumers will be able to manage their connected home from the car and vice versa.



Lifestyle Tech

Audi Q7 hybrid for business

Audi Q7. One of the styliest cars with long traditions but always with high technology. As this one:  Audi Q7 hybrid business e-tron.  The efficiency for the driving and energy consumption has been optimized. One can confirm that over 35 years of quattro is behind the success story.


According to the company the combined fuel consumption is 1,8-1,9 l per 100 km and the CO2 emissions about 50 g per km.  The driving range with electric power is about 50 kilometers. The good thing is also that the whole driving range is about 1400 kilometers.

The lightning of the car is excellent while during the night the given scene is nearly the same as daylight. This is because of the innovatively configured Led-lights. Also the rear lights increase the shining comfort. Safety is among the top things also for Audi.

And when you want to have a break during  your journey, parking is made very easy with 360 degree camera.

For the driver it is possible to integrate either the Apple or Anroid smart phone in order to get the phone calls and text messages directly to the display.  It also allows you to listen to your own music or dictate your messages or have them read to you.  The application also allows you to lock or unlock the car.

The interior design is high-quality, with different leather and other materials. The colors are reflecting the natural beauty and harmony.

This car is sure for business and one can compare it for example with Volvo XC90. Both are massive cars but still dynamic and easy to drive with design and technology to details.




Lifestyle Tech