In a similarly unsettling development for Apple, the tech giant appears to be playing catch-up in an area it has long dominated: mobile hardware. As Amazon’s Echo continues to gain traction -- and Google prepares to launch its own smart speaker, Google Home -- Apple is reportedly developing a similar device.
Late or not, entering the smart-speaker race is a no-brainer. By 2020, half of all North American households with broadband will boast smart devices, according to a recent forecast from Parks Associates.
From the article "Apple Reportedly In Talks To Buy Tidal, Jay Z's Music Streaming Service" by Gavin O'Malley.
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Pay-TV operators are seeing a "slow erosion of the core business," analyst Brett Sappington at Parks Associates said. "After years of attempts to be more than just a 'dumb pipe,' pay-TV operators h...
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