Report: Twitter to launch iOS music discovery app that offers recommendations based on who you follow

Twitter-Music-iOS-appwe_are_huntedAccording to a report from CNET, Twitter might be preparing to launch a new standalone iOS music app as early as the end of this month. The report cites “a person familiar with the matter” and claimed Twitter would use technology it acquired through its purchase of music discovery service We Are Hunted to provide a music service dubbed “Twitter Music.” CNET says the service will provide customized content suggestions based on who users follow on Twitter. It would also apparently integrate with SoundCloud and carry Twitter branding unlike the company’s recently launched video sharing app Vine:

Twitter Music suggests artists and songs to listen to based on a variety of signals, and is personalized based on which accounts a user follows on Twitter. Songs are streamed to the app via SoundCloud.

The report provided a breakdown of how the app works, explaining that it will offer suggested songs and artists based on Twitter followers, links to songs people are listening to through the hashtag #NowPlaying, and popular and emerging tracks for trending and newly popular artists: Read more

AAPL share price spikes on rumors of imminent stock split announcement

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Apple’s stock share price has risen today, after being down this morning, due to a rumor of an imminent stock split announcement. SeekingAlpha points to a tweet from The Street’s Doug Kass that seems to be the original source of the rumor. Apple’s next shareholder meeting will be held tomorrow, and this is where the announcement is rumored to take place.

We’d caution that this is just a rumor (if reliable, why didn’t he post it on the Street.com?)at this point and Kass’s past hits include things such as:

“I am also hearing that Google CEO Eric Schmidt has already begun low-level discussions with several Apple board members regarding his role as a possible temporary replacement to Steve Jobs should the options-backdating issues intensify at legal levels.”

Also Kass has a big personal interest in AAPL’s share price: Read more

Debunked: Apple is not acquiring Loewe, Foxconn CEO denies iTV rumors, Digitimes is ‘wrong most of the time’

Update May 16, 2012: German publication Handelsblatt (via Bloomberg) quoted Chief Executive Officer Oliver Seidl of German TV manufacturer Loewe as saying the company has had “no contact” with Apple regarding an acquisition.

Less than a month after posting a false claim about Apple’s CEO Tim Cook visiting the Valve HQ, ole’ Danny Dilger claimed this weekend that Apple is moving to acquire a German TV manufacturer called “Loewe.” Again, we did not run with the story, because we preferred to mock it instead via Twitter. Not only has that story been debunked, but more allegations about Foxconn’s CEO Terry Gou having confirmed an Apple television are now being denied by the company. Oh, and Digitimes’ track record…

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