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Technology
Shares in online grocer Ocado have surged by 44% after it struck a deal with US retail giant Kroger.
Ocado's technology will be used in the US exclusively by Kroger, which is one of the world's biggest grocery chains with annual sales of $122bn (£90bn).
Under the terms of the deal, Kroger will also take a 5% stake in Ocado.
The
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China's leading car-hailing firm is overhauling its service following the murder of one of its users.
It is suspending its carpooling service at night, while it is considering making an audio recording
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Read more: China car app Didi updates safety measures after murder
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YouTube is launching a music streaming service, offering both videos and audio tracks, in an attempt to compete with the likes of Spotify and Apple Music.
YouTube Music will combine millions of "official" tracks with the vast catalogue
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Read more: Xbox Adaptive Controller a 'first' for disabled gamers
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The UK technology sector grew 2.6 times faster than the UK economy as a whole last year, new figures show. One of the biggest growth areas was in compassionate tech, with new apps and online services helping society's most vulnerable.
"I ended up
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Write comment (98 Comments)Like Googlemessaging focus, YouTubeefforts to spin out successful streaming and music products has felt confusing and haphazard. Now the company is simplifying and consolidating that play by decoupling the music and film components with the launch of a new service.
YouTube Music is, as the name suggests, a music streaming service that will launch on May 22. Aimed squarely at competing with Apple Music and Spotify, it&ll cost $9.99 per month following a free trial period as is standard in the industry.
An ad-supported version will be available for free also, but it won&t include premium features such as background listening, song downloads and music discovery features. (Itworth noting that this new service will replace the existingGoogle Play Music service.)
YouTube Music was originally part of YouTube Red, the companysubscription video streaming service, and though it is being decoupled, customers will be able to subscribe to both services if they buy a YouTube Red subscription, which is now priced at $11.99 per month. Except that YouTube Red will now be known as YouTube Premium since it covers both music and video.
Confused Well, essentially YouTube has made it possible for customers to opt for music only. But it is also dangling the carrot of the full video service for just $2 more. Or, if you prefer a more negative slant, YouTube Red now costs $2 more than it did before. Take your pick.
The split makes a lot of sense when you consider how many people use YouTube for playing music for free despite a plethora of excellent streaming experiences like Spotify and Apple Music. Itparticularly popular in emerging markets where you can see YouTube listeners on public transport or other moments that Spotify and co would want to own.
That said, the new YouTube services are being focused on first-world markets initially. The company said the first stops will be U.S., Australia, New Zealand, Mexico and South Korea. Further down the line, it willexpand toAustria, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Norway, Russia, Spain, Sweden, Switzerland and the United Kingdom.
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Read more: YouTube revamps its Red subscription service to offer standalone music streaming
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