When Spotify finally went public on the New York Stock Exchange on April 3 as SPOT, it did so in a very unconventional way. For one thing, there was none of the usual fanfare. The CEO didn’t ring the opening bell; in fact, he didn’t even show up.…
Music
Spotify makes NYSE debut at approximately $30 billion market capitalization
Spotify kicked off its debut on the New York Stock Exchange (NYSE) by trading and opening at $166 a share. This valued the world's most popular music streaming service at $30 billion market capitalization. This is within the range of valuation as expected by analysts who for many months reported…
Egypt's new digital forensic lab aims to combat software and Internet based intellectual property piracy
Egypt has launched a new digital forensics lab aimed at combating software and Internet-based intellectual property transgressions in the country. The lab said to be the first of its kind in the northern Afrikan region, has been commissioned by Egypt's Information Technology Industry Development Agency (ITIDA). The new digital forensics…
The 10 Startup Commandments as inspired by the Notorious B.I.G.
On 25 March 1997, the Notorious B.I.G. released the song "Ten Crack Commandments" which was co-written by DJ Premier and himself. The song is also featured on his double disc (for the younguns, this is back when we bought music on CDs) album, "Life After Death". In the…
Spotify announced the date for its IPO following South Africa launch
Spotify has confirmed that it will have its Initial Public Offering (IPO) on the New York Stock Exchange (NYSE) on 3 April 2018. Paul Vogel, Head of Investor Relations at Potify, also added that it will be a direct listing explaining that it was more “transparent and more accessible to…
This 1988 Public Enemy rap song is more pertinent today than ever
Veteran American hip hop group Public Enemy need no introduction when it comes to paradigm shifts in that music genre. From the moment leader and rapper Chuck D, fellow rappers Flavor Flav and Professor Griff, group DJ Terminator X and the S1W group (aka Security of the First World) launched…
Kendrick Lamar reveals track list for Marvel's Black Panther movie
Acclaimed Hip Hop artist, Kendrick Lamar has revealed the artwork and tracklist for the much anticipated Sci-Fi movie, Black Panther. The album featuring various artists is set to be released on 9 February 2018. The Black Panther album features a host of music artists from Afrika, specifically South Africa, such…