Spotify Considers Buying SoundCloud, Along With Their 200 Million Users

first_imgA few weeks ago, Spotify announced that they surpassed 40 million subscribers; this growth rate doubles over the streaming service’s rival Apple Music. While SoundCloud recently launched a paid subscription service, they haven’t made enough profit to sustain their once-free music streams. Now, it seems as though Spotify is currently seeking to formally acquire SoundCloud, according to The Financial Times. The plot continues to thicken, as the streaming wars ensue.SoundCloud has been in financial trouble for some time now, losing upwards of $70 million over the last two years, according to a report from February. Earlier this summer, the company considered selling their online streaming service for $1 billion. The report made it clear that, while the company had “adequate resources to continue in operational existence for the foreseeable future,” SoundCloud was heavily reliant on “further capital investment” to continue operating in 2015.Now, we see another potential – for the Spotify giants to step in and take over SoundCloud.  If they were to successfully do so, the company would acquire all 200 million SC users. This would be an interesting turn of events, as both companies started in October of 2008. The details remain unclear of how the transition would navigate paid subscriptions versus free memberships, but Spotify’s acquisition of SoundCloud would be an undeniable win for Spotify.Let’s see how this one pans out…[H/T CoS]last_img read more

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Harvard’s graduates, aiding others

first_img“It is a fundamental purpose of the modern research university to develop talent in service of a better world. This commitment is at the heart of all we do,” said Harvard President Drew Faust during her 2010 Commencement address. With the Harvard Alumni Association’s (HAA) sixth annual global month of service taking place this month, alumni are putting the University’s core value of public service into practice in their communities around the world.“Our alumni care deeply about service, and there’s a long tradition of service in the alumni community,” said Kristen DeAmicis, director of university-wide alumni engagement for the association. “The global month of service is an opportunity for us to recognize and celebrate the service that’s already being done by alumni, and engage new people in service as well.” Opportunities for alumni to connect with each other and their communities abound during the month of service, from initiatives to clean riverbanks to helping community food banks to mentoring young people and providing pro bono professional services.The effort kicked off last Thursday evening at the Harvard Divinity School (HDS) with an association-sponsored panel on public service moderated by Gene Corbin, assistant dean of student life for public service. Panelists included Emily Click, HDS assistant dean for ministry studies and field education and lecturer on ministry; Christine Letts, Rita E. Hauser Senior Lecturer in the Practice of Philanthropy and Nonprofit Leadership at Harvard Kennedy School (HKS); and Laurence Ralph, assistant professor of African and African American Studies and assistant professor of anthropology.Corbin opened the discussion by asking why public service is so vital for a research university. Click had an answer: “Excellence in scholarship does not stand in isolation,” she said. “It needs to be partnered with service to human needs.”Ralph agreed, adding, “Public service enriches learning. About 52 percent of undergraduates will be engaged in some form of public service before they graduate, but we need to make their engagement more sustainable, to develop the habit so it becomes a lifelong value.”Letts emphasized public service as a way to grapple with difficult issues and help teach students complex problem-solving skills. “We want to give students a skill set and an understanding of the broader problems,” she said, “instead of having them just feel good about a single intervention.”The panel turned next to alumni’s role in public-service initiatives. “Our alumni go out and establish organizations that are making a difference in our communities,” said Click, “and then they open them up for our students to come and learn. I’m so thankful for what they do. Alumni also serve as experts and give feedback” on integrating educational approaches with real-world practice, she noted.Ralph said Harvard’s alumni network provides invaluable professional support. “Personal relationships among alumni make a big difference, especially when people find themselves uncomfortable in seemingly intractable situations,” he said. “Alumni are indispensable in offering support and giving our undergraduates opportunities to serve.”He added, “Sometimes it’s important to hold students in places of discomfort” so they can expand their personal and professional development, and question their status and assumptions. Alumni mentors can play a key role in that difficult process, he said.A final issue was how the University values and recognizes public service, on campus and among alumni. “We need different ways of describing contribution and achievement,” said Letts. Corbin added that “at the institutional level, we need to say, ‘We value public service.’ Recognition is a basic human need. President Faust gets it and has worked hard to highlight public service.”The association’s Lisa Unangst, assistant director of HAA Clubs and shared-interest groups, said after the event, “We’re so grateful for the efforts our alumni make to give back in ways that feel relevant and authentic to them.“ She offered two examples: “The Harvard Club in Concord has had a long-term partnership with a nonprofit called Community Servings, and provides a group once a month to help make and deliver meals to people with critical and chronic illnesses,” she said. “The Harvard Club of San Diego is focusing its service efforts on sustainability, and working with an organization called Grid Alternatives to install solar panels in disadvantaged areas of Southern California.”“Service is something our constituents are engaged with year-round, and we’re always looking for tools and resources to help support them,” she concluded.For more information about the global month of service, visit the HAA’s website at http://alumni.harvard.edu/events/global-month-service or contact HAA’s Lisa Unangst at [email protected]last_img read more

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Louisiana floods hit about 200 credit union employees

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The Louisiana Credit Union League said Monday the homes of up to 200 credit union employees have been damaged by the worst floods ever recorded in the state.“The 200 figure is a preliminary one and it is probably a low figure,” Connie Major, EVP and CFO for the Louisiana league, said. “Credit unions are still trying to get their arms around how many of their employees have been affected. There are a couple of credit unions that we still have not received a list from on the number of employees affected and whether their homes have been damaged by the flood.”From Aug. 8 to Aug. 14, more than 2.5 feet of rain deluged parts of the state in what the American Red Cross called the worst U.S. disaster since Superstorm Sandy in 2012. About 13 people died in the flood and more than 60,000 homes were damaged, according to national media reports. continue reading »last_img read more

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Lonzo Ball records second career triple-double as Lakers roll past Denver

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersBall finished with 11 points, 11 assists and 16 rebounds, becoming the first rookie guard to snare that many boards since Steve Francis had 17 in 2000.It was a performance rich with historical implications. For example, he became just the sixth player in NBA history to log multiple triple-doubles in his first 20 games, joining players like Magic Johnson and Oscar Robertson.The Lakers, however, were more focused on the short-term result and what it means for their future. They entered the night having lost five of their previous six games. With the win their record improved to (7-10) with a game against Chicago at Staples Center next up on Tuesday.On Sunday, the Lakers much-maligned offense operated as it was designed to, with most baskets coming with an assist. They played fast and wielded the power to shoot 3-pointers responsibly.Before Sunday, they had the NBA’s third-worst offense, averaging 97.7 points per 100 possessions. Against the Nuggets, they had cruised to 70 points at halftime. PreviousLos Angeles Lakers center Brook Lopez, center, drives against Denver Nuggets center Nikola Jokic, right, of Serbia during the first half of an NBA basketball game, Sunday, Nov. 19, 2017, in Los Angeles. (AP Photo/Ringo H.W. Chiu)Los Angeles Lakers guard Jordan Clarkson, center, goes up for a basket under pressured by Denver Nuggets guard Will Barton, right, during the first half of an NBA basketball game, Sunday, Nov. 19, 2017, in Los Angeles. (AP Photo/Ringo H.W. Chiu) SoundThe gallery will resume insecondsDenver Nuggets forward Wilson Chandler, left, dribbles as Los Angeles Lakers guard Lonzo Ball defends during the first half of an NBA basketball game, Sunday, Nov. 19, 2017, in Los Angeles. (AP Photo/Ringo H.W. Chiu)Denver Nuggets guard Gary Harris, left, goes up for a basket under pressured by Los Angeles Lakers center Brook Lopez during the first half of an NBA basketball game, Sunday, Nov. 19, 2017, in Los Angeles. (AP Photo/Ringo H.W. Chiu)Denver Nuggets center Nikola Jokic, center, of Serbia, under pressured by Los Angeles Lakers forwards Brandon Ingram, left, and Julius Randle during the first half of an NBA basketball game, Sunday, Nov. 19, 2017, in Los Angeles. (AP Photo/Ringo H.W. Chiu)Denver Nuggets guard Will Barton, right, looks to pass the ball against Los Angeles Lakers center Brook Lopez during the first half of an NBA basketball game Sunday, Nov. 19, 2017, in Los Angeles. (AP Photo/Ringo H.W. Chiu)Denver Nuggets forward Paul Millsap, right, goes up for a layup as Los Angeles Lakers forward Brandon Ingram defends during the first half of an NBA basketball game, Sunday, Nov. 19, 2017, in Los Angeles. (AP Photo/Ringo H.W. Chiu)Los Angeles Lakers center Brook Lopez, left, dunks during the second half of an NBA basketball game against Denver Nuggets Sunday, Nov. 19, 2017, in Los Angeles. The Los Angeles Lakers won 127-109. (AP Photo/Ringo H.W. Chiu)Los Angeles Lakers forward Julius Randle, right, shoots against Denver Nuggets during the second half of an NBA basketball game Sunday, Nov. 19, 2017, in Los Angeles. The Los Angeles Lakers won 127-109. (AP Photo/Ringo H.W. Chiu)Los Angeles Lakers forward Kyle Kuzma, left, shoots against Denver Nuggets forward Wilson Chandler during the second half of an NBA basketball game Sunday, Nov. 19, 2017, in Los Angeles. The Lakers won 127-109. (AP Photo/Ringo H.W. Chiu)Los Angeles Lakers guard Josh Hart, right, goes up for the basket under pressured by Denver Nuggets during the second half of an NBA basketball game Sunday, Nov. 19, 2017, in Los Angeles. The Lakers won 127-109. (AP Photo/Ringo H.W. Chiu)Los Angeles Lakers guard Jordan Clarkson drunks during the second half of an NBA basketball game against Denver Nuggets, Sunday, Nov. 19, 2017, in Los Angeles. The Lakers won 127-109. (AP Photo/Ringo H.W. Chiu)Los Angeles Lakers forward Brandon Ingram, left, goes to the basket while defended by Denver Nuggets forward Wilson Chandler during the second half of an NBA basketball game Sunday, Nov. 19, 2017, in Los Angeles. The Lakers won 127-109. (AP Photo/Ringo H.W. Chiu)Denver Nuggets forward Richard Jefferson, left, goes to the basket while defended by Los Angeles Lakers forward Julius Randle, right, during the second half of an NBA basketball game Sunday, Nov. 19, 2017, in Los Angeles. The Lakers won 127-109. (AP Photo/Ringo H.W. Chiu)Denver Nuggets guard Emmanuel Mudiay #0 of Democratic Republic of the Congo, in actions during the second half of an NBA basketball game Sunday, Nov. 19, 2017, in Los Angeles. Los Angeles Lakers won 127-109. (AP Photo/Ringo H.W. Chiu)Los Angeles Lakers center Brook Lopez, center, drives against Denver Nuggets center Nikola Jokic, right, of Serbia during the first half of an NBA basketball game, Sunday, Nov. 19, 2017, in Los Angeles. (AP Photo/Ringo H.W. Chiu)NextShow Caption1 of 15Los Angeles Lakers center Brook Lopez, center, drives against Denver Nuggets center Nikola Jokic, right, of Serbia during the first half of an NBA basketball game, Sunday, Nov. 19, 2017, in Los Angeles. (AP Photo/Ringo H.W. Chiu)ExpandLOS ANGELES – When Lonzo Ball surpassed LeBron James as the youngest player to record a triple-double, the achievement barely registered with the Lakers rookie. The Lakers had lost a road game in Milwaukee and the young guard focused on that rather than his individual breakthrough.Eight nights later, Ball was able to relish the moment. Ball’s second triple-double came in a 127-109 romp over the Denver Nuggets.“This one’s a lot better,” he said. “I actually like this one.” And at the heart of it all was Ball.“Zo is going to be unselfish every time,” Coach Luke Walton said, adding that it’s a trait that is “carrying over to the rest of the guys.”The Lakers had 36 assists on 53 field goals, with seven players, including all five starters, tallying at least three assists.“I thought Kuz (Kyle Kuzma) did a better job tonight of shot selection and making plays for teammates,” Walton said. “I thought Julius (Randle) and JC (Jordan Clarkson) made concerted efforts to try to make the extra pass. That’s kind of what I want our guys to see.”Ball’s 10th assist came with 9:31 left in the fourth quarter, when he swung the ball to Randle for a top-of-the-key 3-pointer. With that basket, Ball became the only Lakers rookie other than Magic Johnson to record multiple triple-doubles.He also achieved his second career triple-double at 20 years and 23 days old – the same age James was when he notches his second triple-double.As for the rebounding, it’s become a point of emphasis for Ball. It may be the key to him having a big night.“That is his game,” Kuzma said. “He is not really a halfcourt type of guy. He thrives in open court.”Ball’s willingness to crash the offensive glass has led to some concern about the Lakers losing a step in transition defense, but it’s a sacrifice they seem willing to make.“Big men are boxing each other out so I can go get it most of the time,” Ball said. “And I did that, we happened to play a lot better.”Randle led the Lakers with a season-high 24 points to go with seven rebounds and five assists. There were plenty of points to go around with seven players reaching double figures. Brook Lopez scored 21, Kyle Kuzma added 17, and Jordan Clarkson chipped in 16.There were contributions aplenty. Kentavious Caldwell-Pope and Corey Brewer each recorded four steals.Randle has settled into his role as a backup center since an initial production dip to start the season. After Sunday’s performance, in which he shot 11-of-18 from the field and grabbed seven rebounds, Walton was asked what it would take for Randle to play so well every night.“That’s a good question,” he said. “I’m trying to figure that answer out. When he plays like he did tonight he’s as good as anyone in this league. … We keep trying to encourage him to make that his norm. I don’t have it figured out yet but I’m going to show him the good clips and the energy level the difference in what he looks like again tomorrow.“He’ll just keep working on making that part of how he plays the game of basketball every night.”The team-wide breakthrough was certainly notable, although by the time the night was over the Lakers were facing a Nuggets team that was far from full strength. Denver’s star center, Nikola Jokic, was ejected along with head coach Michael Malone with 6:20 remaining in the second after Malone ran onto the court to protest the lack of a foul call.Four-time All-Star Paul Millsap soon joined his coach and teammate in the locker room with a wrist injury.The night, however, belonged to Ball. It was one more reminder that the much-studied, frequently criticized 20-year-old has game to back up the celebrity image. Walton lamented the attention Ball receives, pointing to the emphasis given to Ball’s haircut three days earlier.“One it’s impressive how he’s able to handle it,” Walton said. “Two, I think it’s a little bit nuts, but that’s the way it’s going to be.”As Ball wrapped up his postgame interview session, veteran center Andrew Bogut piped up on his way out of the locker room. He asked,  “Zo, you ever going to get your hair cut ever again?”Everyone laughed, because on Sunday everyone was allowed to enjoy the moment.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

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No Bale or Ramos as Real Madrid look to turn around first leg defeat

first_imgPep Guardiola’s side finished the Premier League in second place and despite some disappointing displays, such as their FA Cup defeat to Arsenal, actually had better results than anyone in the Premier League after the restart, netting 21 goals in their last five league games.Kun Aguero is likely to miss out again, but Madrid will have to beware of the pace of Kevin de Bruyne and Raheem Sterling, who caused them big problems in the first leg.******XINHUAShare on: WhatsApp Madrid, Spain | XINHUA | Real Madrid look to overturn a 2-1 home defeat from the first leg when they visit Manchester City’s Etihad Stadium on Friday night in the return leg of their last 16 Champions League tie.When City outplayed Madrid in the Santiago Bernabeu Stadium at the end of February, Madrid looked to be heading out of the competition, but the suspension of football for three months due to the coronavirus allowed them to regroup and they now go to Manchester as La Liga champions after winning 10 out of 11 games since the return to action.Zinedine Zidane’s side will travel amidst strict safety precautions due to the coronavirus and will be in a virtual bubble to assure their safety in Manchester. Zidane has left Gareth Bale and James Rodriguez out of his squad, which means Karim Benzema will probably be partnered by Marcos Asensio in attack, while there is a big doubt over whether Vinicius Jr or Eden Hazard, who has struggled with an ankle issue, will play in the third attacking role.Sergio Ramos is suspended after his late red card in the first leg and the absence of the Madrid captain will be important for his side – so important in fact that he has traveled to add his support from the sidelines.Eder Militao will cover for Ramos in central defense, but there is no doubt Ramos is a big loss for Madrid, who are likely to also field Raphael Varane, Ferland Mendy and Dani Carvajal in defense.last_img read more

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