Spotify piles up $1 billion in debt to fuel expansion

It will be in Spotify’s interest to go public within a year. In a deal that has been labeled by onlookers as “devilish” and “strict”, Spotify has raised $1 billion through convertible bonds, rather than the more traditional equity funding round. The new debt comes attached with some rather restrictive terms related to Spotify going…

Korean researchers figure out a way to sniff E-coli in food

The technique even works when the food is packed with a cellophane. In order to scientifically determine the amount of creepy crawlies strolling around your leftovers, scientists have developed a sniff test that will tell you exactly that. Researchers from the Korea Advanced Institutes of Science and Technology are using lasers to determine the quantum of…

AT&T removes data caps with a catch

Be prepared to ditch your good old TV set. Although AT&T has capped data transfers on its internet services for years, they could come off with a catch: you have got to be fiercely loyal to the company. From May 23 onwards, the telecom giant is re-introducing unlimited data transfers free of charge. The catch…

Amazon stops the sale of shoddy USB-C cables

Amazon has banned any USB-C cable that does not comply to specifications issued by ‘USB Implementers Forum Inc.’ However, if you buy one with a shoddy make do report it so that it is no more sold on Amazon.com A Google engineer’s quest to test the USB-C cables sold on Amazon resulted in a surprise…