
Spotify has acquired Swedish music discovery startup Tunigo in an effort to compete with Twitter’s new music service, AllThingsD reports. Tunigo will continue to operate as normal for the time being, but all of the company’s employees will reportedly move into Spotify’s offices in Stockholm and New York to work on Spotify’s main music streaming service.
Spotify’s purchase comes months after Twitter acquired music discovery service We Are Hunted and turned it into [Read More...]






Google is preparing to take on companies like Spotify and Rdio with a new YouTube music streaming service, according to sources in the record industry, who have been speaking to Fortune. The service, which is expected to launch later this year, could be available for free, but there will be subscription options for those who don’t like to see advertisements.




