Netflix Beats Q2 Expectations, Raises Full-Year Forecasts
While competition from major players such as Disney, Apple, and Amazon persists, Netflix continues to lead the industry. Its strategic focus on innovation and global expansion ensures it remains uniquely positioned to drive sustainable, long-term growth.
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Al Bawaba
a day ago
- Al Bawaba
Artists who left Spotify after boycott calls
ALBAWABA - Popular music streaming platform Spotify has recently been subjected to massive boycott calls from human rights activists after reports revealed that its CEO, Daniel Ek invested around $600 million in Helsing, a German tech company specializing in AI weapons. Additionally, beyond its CEO's investment in the development of AI weaponry, individuals are boycotting the music streaming platform for barely paying its artists a fair share for the music they upload. According to several reports, Spotify pays its artists $0.003 to $0.005 per stream, which, in contrast to competitors like Tidal, Anghami, and Apple Music, is low. Moreover, several other activists are shedding light on the increase of AI content flooding the platform. Following the mass boycott calls, several artists have joined the movement by taking down their music from Spotify. This list will not include artists who left Spotify after the platform signed a $250 million agreement with controversial media personality Joe Rogan. Several artists have responded to the boycott calls, including Xiu Xiu, Deerhoof, and just recently, King Gizzard and the Lizard Wizard. American indie-rock band Deerhoof recently responded to Ek's investment in Helsing and said, "We don't want our music killing people." American experimental rock band Xiu Xiu was featured in a YouTube video by the Internet's busiest music nerd, Anthony Fantano. Xiu Xiu band member Jamie Stewart revealed to Fantano that several smaller records were difficult to remove from Spotify due to label implications. Xiu Xiu took to Instagram with a statement that they are taking down all of their music from what they described as a "garbage hole armageddon portal," while urging their listeners to unsubscribe from the streaming platform. Last but not least, in a jaw-dropping move, experimental rock band King Gizzard and the Lizard Wizard also removed most of their records from Spotify. King Gizz released a statement on Instagram which read, "We just removed our music from the platform. Can we put pressure on these Dr. Evil tech bros to do better? Join us on another platform. F*ck Spotify."
Al Bawaba
a day ago
- Al Bawaba
KIB announces Municipal Council's approval of its initiative to beautify and develop Darwaza Al-Abdulrazzaq Tunnel
Kuwait International Bank (KIB) announced that the Municipal Council has approved its initiative to carry out the beautification and development of 'Darwaza Al-Abdulrazzaq', fully funded by the Bank. This step reflects KIB's steadfast commitment to its national and social responsibility, as part of the Kuwaiti private sector, and its keenness to actively contribute to projects that enhance Kuwait's urban landscape and serve the public Al-Abdulrazzaq is a vital landmark in the heart of Kuwait City. This gives it particular significance in terms of pedestrian movement and business activity. The site also carries historical value, reflecting the architectural heritage of the city, making its development a truly national project that reinforces the features of Kuwaiti on this occasion, KIB Vice Chairman and CEO, Raed Jawad Bukhamseen, said: 'We are pleased to announce the esteemed Municipal Council's approval of KIB's initiative to develop Darwaza Al-Abdulrazzaq. This initiative reflects the Bank's vision of supporting projects that serve the community and enhance the quality of life in Kuwait. It stems from our deep belief in the vital role the private sector plays in supporting the State's efforts, whether through planning, implementation, or funding, which we view as a fundamental aspect of our national responsibility. The significance of this project goes beyond urban beautification. It also represents a meaningful contribution to preserving Kuwait's historical landmarks and reinforcing their presence in daily life, underscoring our commitment to promoting and preserving national identity.' Bukhamseen added: 'This initiative aligns directly with KIB's vision of promoting both social and economic growth by supporting efforts that contribute to creating a better urban environment and reflecting the cultural image of our city. With its symbolic location and rich history, Darwaza Al-Abdulrazzaq deserves to be revitalized and restored to its role as a city landmark'. He also noted that KIB has expressed its full readiness to cover all costs associated with the project, including contracting with specialized companies and consultancy firms to ensure the highest standards of quality under the direct supervision of the esteemed relevant official emphasized the importance of public-private partnerships in driving development forward, stating: 'At KIB, we believe that our responsibility extends beyond providing financial services. It includes supporting State efforts on all fronts. This initiative is a clear embodiment of that role and a reaffirmation that the private sector is a key partner in comprehensive development.'Boukhamseen extended his sincere thanks and appreciation to His Excellency the Minister of State for Municipal Affairs and Minister of State for Housing Affairs, Mr. Abdul Latif Hamed Hamad Al-Mashari, for his generous support and constructive cooperation, which had a significant impact in advancing this project forward. He also expressed his deep gratitude to the esteemed Council of Ministers for their continued support and endorsement of purposeful initiatives that serve the interests of the nation and its concluded his remarks saying: 'We are proud of KIB getting the approval for this initiative and look forward to launching the project soon in full coordination with the relevant government authorities, foremost among them the Kuwait Municipality. We believe this project will be a point of interest for the entire Kuwaiti society and serve as a testament to KIB's ongoing dedication to supporting sustainable growth and national prosperity.' It is worth noting that KIB continues to strengthen its role as a committed national partner in community development through initiatives that extend their impact across various aspects of public life. The Bank affirms that social contribution is not a choice, but a national duty that requires the concerted efforts of all.
Al Bawaba
a day ago
- Al Bawaba
Hyundai integrates Google Places for a smarter and more powerful navigation experience
Hyundai Motor Company (Hyundai) is continuously working to improve the comfort and user experience in its vehicles for its customers. As its latest optimization, the company has now implemented Google Places in its navigation systems. All vehicles equipped with the ccNC infotainment system and the latest software update installed will get access to this service. This includes the models KONA, the new SANTA FE, the new TUCSON, the new IONIQ 5 and IONIQ 5 N and IONIQ 9. The integration has been in progress since June 2025 – also for vehicles already sold to Places offers numerous advantages for users and expands the navigation options in the vehicle with a comprehensive address database of numerous points of interest. It provides additional information such as opening hours, descriptions, photos, and impresses with its user-friendly address entry thanks to a powerful autocomplete and improved free text and intuitive input, more detailed informationGoogle Places offers users a smarter and more powerful navigation experience – in line with Hyundai's philosophy. This ensures that all Hyundai drivers have access to Google's extensive location data, which covers more than 200 million locations, making it easier to find destinations. Address entry is faster and more intuitive, displaying suggestions for locations as text is entered. In addition, Google Points of Interest provides detailed descriptions, ratings, filters, and brand lists to simplify the discovery of restaurants, attractions, and businesses. Hyundai and Google have continuously expanded their partnership in recent years to offer next-generation navigation and infotainment experiences. The two companies intend to continue this cooperation in the future. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
