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Amazon Music HD promises high-quality music; difference hard to hear

A child listening to music on headphones. KidStock | Blend Images | Getty Images Amazon on Tuesday introduced CD-quality 24-bit “Ultra HD” music to Amazon Music. It’s $12.99 a month if you pay for Amazon Prime, or $14.99 a month if you don’t. In theory, it should sound better than …

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Netflix shares drop after Apple says its TV service will be cheaper

Netflix Co-founder, Chairman & CEO Reed Hastings attends a Q&A during a Transatlantic Forum in Lille, France. Sylvain Lefevre | Getty Images Netflix shares fell more than 2% on Tuesday after Apple announced that its subscription TV service will launch in November and will be free for a year for …

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Box CEO says he’ll work collaboratively with Starboard

Aaron Levie Dan Edblom | CNBC Box co-founder and CEO Aaron Levie told CNBC on Thursday that his company will take a collaborative approach to working with activist hedge fund Starboard Value, which disclosed a 7.5% stake in the cloud software provider earlier this week. “We’re very aligned with Starboard’s …

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SoftBank more than $600 million underwater on Uber

SoftBank Group founder, chairman and CEO Masayoshi Son announces his group’s earnings results on May 9, 2019, in Tokyo. Alessandro Di Ciommo | NurPhoto | Getty Images Uber’s plunging stock price has left its biggest stakeholder in the red. SoftBank, which poured about $7.6 billion into Uber in early 2018 …

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Walmart is piloting health clinic at Walmart Health in Georgia

Walmart, the world’s biggest retailer, is moving deeper into the primary care and mental health market, opening a new clinic called Walmart Health in Georgia. The company recently updated its website with a link to Walmart Health, describing its “newest location in Dallas, GA.” It also went online with the …

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Amazon hosts thousands of unsafe or banned products

FILE – In this Nov. 11, 2010 file photo, Humberto Manzano, Jr., delivers an arriving pallet of goods at an Amazon.com fulfillment center in Phoenix. Products are flying off the shelves at Amazon warehouses across the county as Californians prepare to start paying sales taxes on online purchases. The change, …

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strangest and most alarming things

CEO of WeWork Adam Neumann Getty Images WeWork’s parent company, the We Company, made a splash earlier this week with the release of its much-anticipated IPO prospectus. The company’s S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, …

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Why Facebook, Tinder, Youtube, Twitter are launching lite apps

The Facebook app is displayed on the screen of an iPhone. Fabian Sommer | picture alliance | Getty Images Facebook, YouTube, TikTok, Twitter and even LinkedIn have pushed out “lite” versions — smaller and simpler iterations of their platforms — and that has everything to do with emerging markets, analysts …

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Uber lost more in Q2 than all but 3 S&P 500 companies lost in 2018

Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks on a webcast during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, May 10, 2019. Michael Nagle | Bloomberg | Getty Images Uber’s $5.2 billion second-quarter …

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Booking.com is shifting some of its Google spending to TV ads

Glenn Fogel, CEO of Booking Holdings  Olivia Michael | CNBC Booking Holdings, the parent of Booking.com, Priceline and Kayak, has long counted on Google for traffic, spending billions of dollars a year on ads and search engine optimization. But the company is trying to diversify away from Google as it …

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