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Mobile Minutes: Facebook trips Cheetah Mobile; Apple woos India; Samsung and Alipay; YouTube hurts music revenue

By
May 23, 2016

28247Facebook tweaks algorithm, tripping Cheetah Mobile
Cheetah Mobile makes apps that protect phones against malware, but it can’t guard its own revenue from Facebook.
Read more on The Wall Street Journal

Apple woos India to spur weakening iPhone sales
Apple CEO Tim Cook meets withPrime Minister Narendra Modi on Saturday to finalize plans to open three Apple stores in India by the end of 2017 and boost sales in the nation of 1.3 billion at a time when iPhone sales are flagging elsewhere.
Read more on USA Today

Samsung to partner with Alibaba affiliate on mobile payments in China
Samsung Electronics said it had struck a deal with an Alibaba Group Holding affiliate for owners of its phones to be able to more easily make payments with Alipay accounts – a move it hopes will boost sales in the world’s biggest smartphone market.
Read more on Reuters

YouTube blamed for fall in music revenues as vinyl sales outperform video streaming
2015 was a “stellar year” for British music in all respects but one — revenue. Despite record sales and global acclaim, British artists earned less money last year than they did in 2014 and according to the body which represents record labels and promotes British music, there is only one thing to blame — YouTube.
Read more on International Business Times

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