Business

New York Times buys sports site The Athletic for $550M

The New York Times Co. is buying sports news site The Athletic for $550 million, the latest move in its strategy to expand its audience of paying subscribers as the newspaper print ads business fades.

Internet

Spotify counters Apple with podcast subscriptions

Spotify unveiled plans Tuesday for podcast subscriptions, countering a similar initiative from Apple but offering a better deal than its US rival by allowing creators to keep all revenue for a limited time.

Internet

Facebook unveils big audio push, adds podcasts

Facebook on Monday said it is adding podcasts and "live audio rooms" in a push to get people talking and take on the fast-growing audio-based app Clubhouse.

Consumer & Gadgets

The golden ear-a of audio

Audio stimulates our brains more powerfully than video, and slots neatly into our new patterns of voracious cultural consumption—making this a revolutionary time for aural entertainment.

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