Spotify Valued at $29.5 Billion as Stock Begins Trading at $165.90 Per Share

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Spotify, Apple Music’s main competitor, this morning opened on the New York Stock Exchange at $165.90 per share, valuing the company at $29.5 billion.

When Spotify filed to go public in February, CNBC estimated the company’s valuation at ~$23 billion based on private trades that had reached as high as $132.50. Spotify used the $132 per share figure as its reference price, which would have given the company a $23.5 billion valuation.


As noted by TechCrunch, Spotify is not selling its shares on the stock market and is not raising money today. Its direct listing is instead a collection of transactions from existing shareholders selling shares to stock market investors.

Spotify employees are allowed to sell their shares right away, unlike with a traditional IPO, which could lead to volatility in the coming weeks.

As of December 31, 2017, Spotify had 159 million active monthly users and 71 million premium subscribers, which Spotify says is “double the scale” of Apple Music. Apple as of February boasted 36 million paying subscribers.

In an appearance on CBS This Morning, Spotify cofounder and CEO Daniel Ek today discussed the company’s public offering and a recent report from The Wall Street Journal suggesting Apple Music is on track to overtake Spotify in U.S. subscribers.

In response, Ek said that because Spotify is twice the size as Apple Music, the company “still has some room.” Ek said that he’s “very happy” with the growth that Spotify is seeing. The music industry, he says, is too big for Spotify alone.

“What we’ve found is that when we’ve got competition, it actually grows the market because more people are now talking about streaming. It’s easy to forget that just three years ago, even in the U.S., streaming wasn’t a thing,” he said.

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Spotify stock reference price set at $132 a share, placing company valuation at $23.5 billion

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Spotify, the world’s largest music streaming service, went public this morning, trading under ticker name SPOT, with the New York Stock Market setting its reference price at $ 132 a share. That puts the company value at $ 23.5 billion, and is on target with what CNBC reported last month when shares were traded on private markets were for as high as $ 132.50 a share. Spotify’s last valuation was at $ 8.4 billion when it raised a financing round of $ 400 million back in 2015.

Sweden-based Spotify is available in 61 countries with an overall user base that includes ad-supported free listeners of 159 million, and 70 million paying users as of January 2018. The company was founded in 2006 by Martin Lorentzon and Daniel Ek, who remains its current…

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How to Share Panoramic Photos on Instagram on iPhone and iPad

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How to Share Panoramic Images on Instagram on iPhone and iPad

Instagram is lashed with numerous exciting features to make sharing photos and videos a great experience. But the one feature that’s been missing for several years is the support for panoramic images— with horizontally elongated fields of view! But you shouldn’t let disappointment throw cold water on your spirit as there are quite a few third-party apps to shoot out the hurdle and share Panoramic images on Instagram using iPhone and iPad.

Panols for iOS lets you effortlessly post Panorama-style photos on Instagram. You can make the most of carousel feature to share multiple images in one shot and set the social networking app on the frenzy! Do note that you are allowed to upload only up to ten images this way.

How to Share Panoramic Images on Instagram on iPhone and iPad

How to Share Panoramic Pictures on Instagram on iPhone or iPad

Step #1. First off, download the app Panols on your iOS device. The app requires iOS 9.2 or later and is priced at $ 1.99.

After you have successfully downloaded the app, launch it. You need to allow the app to access your Photos app.

Open Panols app on iPhone and allow photo access

Step #2. Now, you should see the thumbnails of all the panoramic images available in your Photos library. Then, select the panoramic photo you want to use.

Select panoramic photo you want to use in iOS Panols App

Note: All the panoramic images you have captured on your device are saved in an album called “Panoramas.” Hence, you can directly head over to this special album and pick the photo you wan wish to use.

Step #3. It will divide your panoramic image into three squares. You can pinch to zoom in and out or swipe around to align the panorama to the grid perfectly.

Divide your panoramic image into three squares in iOS Panols App

Once you are done, tap on Export Panol at the bottom. You should see a confirmation message that your panoramic shot has been processed and exported to the album “Panols” in your photo library. Next, tap on Done and then leave the app.

Tap on Export Panol and then tap on Done in iOS Panols App

Step #4. Next up, open Instagram on your iOS device and select Plus button at the bottom.

Open Instagram App on iPhone and then tap on Plus icon

Now, tap on Multiple icon and choose the three square images you just made with Panols from the original panoramic photo, then tap Next to continue.

Tap on Multiple icon and choose panoramic images and then tap on Next in iOS Instagram App

Make sure the leftmost side of the photo is selected first. Also, ensure that the middle and rightmost side of the image is also selected.

You can select the filter for all of your squares at one go. To do so, tap on one of the filter thumbnails located alongside the bottom of the screen.

There is also an option to apply a different filter to each square image. Just tap on the icon in the lower-left corner. Then, tap on Next to continue.

Apply a different filter to Panoramic image in iOS Instagram App

Step #5. Don’t forget to type in your caption or enter other metadata as desired. In the end, tap on Share to upload your photo.

Type Caption and Tap on Share to Upload Panoramic Image on Instagram on iPhone and iPad

Once the image has been uploaded, your friends and followers will be able to see the first image in their feed. They need to swipe to access other pano shots in the series.

Over to you

That’s how you can overcome the obstacle and share the horizontally elongated fields of view shots. Have any feedback? Feel free to share your thoughts in the comments below.

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How to Capture, Share, and Edit Live Photos on iPhone

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“Say cheese” takes on a new meaning with Apple’s Live Photos. Originally introduced with the iPhone 6s in 2015, this feature combines a still image with 1.5 seconds of moving video with sound before and after the shot.

The end result brings a new look to the usual photograph and something reminiscent of Harry Potter, as you can see a brief moment before and after the shot.

While you can capture and view a Live Photo with any modern iPhone or iPad, you can view the results on a number of different devices, including a Mac. We’re taking a closer look at Live Photos and are highlighting how you can use them, how to edit them, how to turn the feature off, and much more.

Taking a Live Photo With an iPhone

To capture a Live Photo with an iPhone, or even an iPad, just start up the built-in Camera app.

After making sure that it’s set to photo mode, you’ll need to confirm that you have Live Photos turned on. To do that, look at the top bar above the main photo viewfinder. The Live Photos icon is two solid circles surrounded by a dotted circle and appears in yellow.

iPhone Live Photos Icon

To turn Live Photos off and just capture a normal image, hit that icon and it will turn white with a circle through it.

If you want your device to remember your Live Photos preference, go to Settings > Camera > Preserve Settings. You can toggle Live Photo on or off and the camera app will remember your preference instead of enabling it every time.

When you’re ready to take a Live Photo, just tap the shutter button like a normal photo. Live will appear above the image viewfinder when capturing.

To take the best Live Photo possible, make sure to keep your device steady for approximately three seconds. While it might take a bit of practice and some coordination with the subject of the photo, you should be able to capture a great Live Photo in no time.

Viewing and Using Live Photos on iPhone

On the iPhone and iPad, viewing Live Photos is easy. You can head to the Live Photos album in the Photos app. Select the photo you want to view and then 3D Touch it (press firmly) to see it come to life.

When using the Photos app on a Mac, there’s a specific Live Photos folder available to view. Double-click a photo to bring it up on your screen, then hover your cursor over the Live text and icon in the bottom-left corner to view the video portion.

If you’d like to share a Live Photo with someone from your iPhone or iPad, just hit the Share icon at the bottom-left of the Photos screen. That will bring up the Share Sheet with a number of different options.

iPhone Live Photo Sharing

The best way to preserve the image and video is to share it with other iOS or Mac users via Messages. As long as they’re running iOS 9 or later, they can see the Live Photo by simply pressing the thumbnail. As a word of warning, if you email a Live Photo, it will only send the still image.

A great way to show off a Live Photo is to set it as your lock screen wallpaper. From the Share Sheet of an image, select Use as Wallpaper and then select Set Lock Screen. Now on your lock screen, 3D Touch the image and it will come to life.

Anyone with an Apple Watch can make a Live Photo into their watch face and fully customize the complications and other information for quick viewing. Watch wearers can simply raise their wrist to see the Live Photo face animate.

Sharing Live Photos With Non-Apple Devices

The situation gets a bit tricky when you’re ready to share a Live Photo to social networks or to non-Apple users.

Most social networks offer limited compatibility for the format. For example, any Live Photo you upload to Facebook can only be viewed by other iOS users in the app. On Instagram, Live Photos convert to the social network’s Boomerang format.

As another option, there are a wide variety of apps that can easily convert a Live Photo into a GIF. The major downside of that format is that you’ll lose both the still image and any sound, but you should be able to share the results almost anywhere.

A great choice is Google’s Motion Stills. The free app can easily convert Live Photos into GIFs and even video collages.

Download: Motion Stills (Free)

Add Effects and Edit Live Photos on iPhone

Just like any photo or video, you can also edit and add fun effects to Live Photos on your iPhone or iPad.

You can select the Live Photo from your photo gallery to begin. To start editing, select Edit on the top- right portion of the screen. From there, you can crop, add filters, adjust the brightness, trim the video portion of the Live Photo, and more.

In the Edit screen, it’s also easy to change the key photo—the frame that appears in your photo library. Move the slider near the bottom of the page to select your key photo. Once your finger moves off the screen, select Make Key Photo.

Select the Live text and icon near the top of the edit screen to turn off the Live Photo effect or just disable the sound.

Starting with iOS 11, Apple has added a trio of fun effects specifically for Live Photos. After opening up a Live Photo, swipe up to see the Effects menu. You have three different options to try out.

As you could probably guess by the name, Loop can turn a Live Photo into a video loop that keeps playing. With Bounce, a Live Photo will play forward and then in reverse for a fun rocking effect. And perfect for situations like fireworks, the Long Exposure option creates an interesting and unique blur effect that you might have seen with DSLR cameras.

Live Photos: A New Way to Capture the Moment

As you can see, Live Photos help bring a fun spark of life to iPhone photography. By just adding a few seconds of video and sound to a still image, the result is something more than just a photo, and an amazing keepsake of a moment in time.

And if you’re inspired to keep improving your photography skills, take a look at our complete guide to digital photography.

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Twitter app makes it easy to share a particular moment from a live video

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Twitter is making it easier for you to share a particular moment from a live video stream by introducing a YouTube-style timestamp feature in its iOS and Android apps …

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Arbtr wants to create an anti-feed where users can only share one thing at a time

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At a time when the models of traditional social networks are being questioned, it’s more important than ever to experiment with alternatives. Arbtr is a proposed social network that limits users to sharing a single thing at any given time, encouraging “ruthless self-editing” and avoiding “nasty things” like endless feeds filled with trivial garbage.

It’s seeking funds on Kickstarter and could use a buck or two. I plan to.

Now, I know what you’re thinking. “Why would I give money to maybe join a social network eventually that might not have any of my friends on it on it? That is, if it ever even exists?” Great question.

The answer is: how else do you think we’re going to replace Facebook? Someone with a smart, different idea has to come along and we have to support them. If we won’t spare the cost of a cup of coffee for a purpose like that, then we deserve the social networks we’ve got. (And if I’m honest, I’ve had very similar ideas over the last few years and I’m eager to see how they might play out in reality.)

The fundamental feature is, of course, the single-sharing thing. You can only show off one item at a time, and when you post a new one, the old one (and any discussion, likes, etc) will be deleted. There will be options to keep logs of these things, and maybe premium features to access them (or perhaps metrics), but the basic proposal is, I think, quite sound — at the very least, worth trying.

Some design ideas for the app. I like the text one but it does need thumbnails.

If you’re sharing less, as Arbtr insists you will, then presumably you’ll put more love behind those things you do share. Wouldn’t that be nice?

We’re in this mess because we bought wholesale the idea that the more you share, the more connected you are. Now that we’ve found that isn’t the case – and in fact we were in effect being fattened for a perpetual slaughter — I don’t see why we shouldn’t try something else.

Will it be Arbtr? I don’t know. Probably not, but we’ve got a lot to gain by giving ideas like this a shot.

Mobile – TechCrunch

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The Government Wants To Share Your Health Data. That’s Not A Terrible Idea.

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The Centers of Medicare and Medicaid Services (CMS) want to give you more access to your healthcare data. And they want to help third party companies get at it, too, according to an announcement earlier this month and a recent article from Stat News.

That might sound scary, especially since you’ve been hearing a lot about your data lately, in part thanks to Facebook’s Cambridge Analytica scandal. Especially because it’s your medical data, and what could be more personal than that?

But it’s actually not that bad an idea.

First, a little background. In your lifetime you’ve created a tremendously detailed cache of healthcare data. Checkups, dental procedures, medications, that one ER visit in college… all of this information is about your body and could be used to create a picture of your overall health.

There’s a catch: that data is stored in four different systems. And they don’t automatically share data with one another — your dentist’s office won’t send your records to your doctor’s office unless you ask. Lacking access to complete records increases the risk of unnecessary treatments and medical error.

In CMS’s vision, all that data would be available in a central location patients can access anywhere, anytime. The program, called MyHealthEData, would give care providers all that information so they could offer patients the best possible treatment, especially in emergencies.

The program goes one step further  it wants to hand this history over to third party companies as well. That could include medical researchers, health app creators, and pharmaceutical manufacturers. Sharing it could further medical research by providing scientists with data that is otherwise hard to access, leading to treatments that are more effective and better tailored to individual patients.

There are risks, of course. So much valuable data in one place is basically a bull’s eye for hackers. Government infrastructure has been the target of such attacks before, and they are likely to increase in the future.

One thing you at least don’t need to worry about? CMS intentionally sharing your data without your knowledge. Thanks, HIPAA (the Health Insurance Portability and Accountability Act of 1996 (HIPPA) established a national standard of health data protection and security measures which ensure your records can’t be shared without your consent)!

The ultimate result may be a healthcare ecosystem in which medical professionals, your devices, and patients themselves are better connected. A physician who can see data from a patient’s smartwatch, for example, might be better able to see the signs of a heart attack before it happens.

That kind of system is still a ways off. But to get there, we’ll need to pay close attention to who has access to all our medical records, and especially how those records can be protected. If we do it right, our lives will be the better for it. And if we don’t, well, hackers will auction off our medical data to the highest bidder. The stakes are pretty high.

The post The Government Wants To Share Your Health Data. That’s Not A Terrible Idea. appeared first on Futurism.

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You can now share Twitter (and Periscope) live videos with timestamps

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So, you want to share a live video you found on Twitter? You no longer have to waste your precious characters telling people where in the video you want them to watch. Now, you can set a timestamp before sharing. It’ll work on both Twitter and Periscope videos, and it starts rolling out today.

To access this feature, just hit the “share” button on a live video. There’s a new slider where you can choose a splot in the video, then you add your text and let it fly.

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You can now share Twitter (and Periscope) live videos with timestamps was written by the awesome team at Android Police.

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Twitter makes it easy to share the best part of live videos

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When you want to show your Twitter followers a specific part of a live video, you have no choice but to tell them what time to skip to. Now, Twitter has rolled out a new feature called "Timestamps," which gives you a way to share live videos that sta…
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Apple-supported CLOUD Act passes Congress, will change how governments share data

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The Clarifying Lawful Overseas Use of Data (CLOUD) Act, a piece of legislation that would change international rules about sharing of data among governments, passed Congress Thursday, as part of the omnibus spending bill, and the president signed it into law.
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