Spotify has unveiled a new app that allows users of the Google Wear OS to access their accounts via their smartwatches. However, the app still requires the user's phone to be paired with the watch, so users won't be able to go phone-free, which users of the Apple Watch and Apple Music can do.
Technology distributors expect this Black Friday to be challenging, as consumers have more money to spend, which may result in shortages of highly sought-after technology. Trevor May of D&H Distributing says, "It's hard to predict the exact level of this year's promotional strategy for retailers, but we're leaning toward thinking it will be an aggressive year -- or at least on par with last year."
Lucid Software plans to boost product development, pursue global growth and open an Amsterdam headquarters with $72 million raised in a new round of funding. The web-based visual design platform is known primarily for Lucidchart, a collaborative diagramming app.
Huawei's new flagship phone, the Mate 20 Pro, is designed to compete with high-end devices such as the iPhone XS Max and the Galaxy Note 9. The device features facial recognition security, an artificial intelligence engine and three rear-facing cameras.
Uber was valued at $70 billion most recently, but that could inflate to $120 billion with a planned initial public offering next year, The Wall Street Journal reports, citing proposals by banks bidding to run the offering. Rival Lyft is also planning a 2019 IPO, and the two ride-hailing companies are expected to provide a crucial market test for businesses that have yet to turn a profit.
Instagram now has 1 billion users worldwide, and growth is driven largely by its Stories feature with 400 million daily active users. Looking ahead, Stories is expected to move to the forefront due to its social media popularity and a growing focus by advertisers.
Google has introduced a licensing fee for European smartphone makers to access its Google Play app store and will offer separate licenses for its suite of apps such as Search, Maps and Chrome. The announcement comes after the EU fined the company $5 billion for violating antitrust regulations.
Startup Ludenso is looking for ways to make augmented reality more accessible to consumers with its MagiMask head-mounted display. "Our low cost and innovative technology will enable developers around the world to have the hardware tools they need to reach millions of customers and give tech enthusiasts the opportunity to own an AR headset without having to spend thousands of dollars," CEO Eirik Wahlstrom says.