Apple Could Reinvigorate Apple Music By Acquiring Tidal

The Wall Street Journal reported last week that Apple is in talks to buy streaming music company Tidal.  Although Tidal has a relatively small subscriber base of just about 4.2 million paying subscribers and potentially low revenues, we believe that an acquisition could be a smart move for Apple. It would allow Apple to bolster the content and overall experience of the Apple Music service, which has been off to a relatively slow start since its launch a year ago. Below we take a look at why acquiring Tidal could be beneficial to Apple.

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How The Slowdown In Storage Hardware Will Impact NetApp This Year

Storage systems vendor NetApp has had a tough couple of years, with revenue declines in both 2014 and 2015. This was largely due to tepid demand for storage products – a trend consistent across most large storage vendors including EMC, IBM and HP Enterprise. In previous years, NetApp made up for low product revenues by growth in hardware maintenance contracts and post-sale services. However, in recent quarters, this revenue stream has also suffered. In the most recent quarter, the only revenue channel that showed positive growth was software maintenance, with a modest 3% annual growth in revenues. With a slowdown in IT spending by customers across the globe, it could be difficult for NetApp to drive top line growth through 2016. We forecast NetApp’s net revenues for the full year to decline by about 6% to under $5.4 billion.

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Soccer Legend Pelé Backs Player-Powered Kinetic ‘AstroTurf’

Brazilian Soccer legend Pelé has worked with Shell to help promote a new kinetic energy tile system from Pavegen that translates player foot pressure into electricity. Using a layer of software intelligence management technology, the tiles can generate an average of seven watts of power from a single footfall. That’s enough power to run a new-age LED street light bulb for 30 seconds. This piezoelectricity (electricity resulting from pressure) is lighting a pitch in Morro Da Mineira, a Rio de Janeiro ‘favela’ and one in Lagos, Nigeria.

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