The new music service from Apple is a valiant effort to catch up in the emerging business of offering unlimited music on demand for a monthly fee. It does so while acknowledging iTunes' legacy.
Despite a slowdown in subscriber growth, the Internet is still propelling Comcast. Movies and theme parks in its NBCUniversal entertainment unit also bolstered results.
In another sign that Apple might get into the auto biz, the tech giant has quietly hired a former senior exec from Chrysler. Before Chrysler, Doug Betts worked for Nissan and Toyota.
Mergers and acquisitions for technology and life sciences startups are at a 12-year quarterly low, as startups are staying independent far longer than they did in previous venture capital booms.
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