“Today, some bad news from competitor Rdio, the music streaming service startup from Skype co-founder Janus Friis. The company has confirmed to TechCrunch that it is laying people off,” Ingrid Lunden reports for TechCrunch. “‘Rdio confirmed making across-the-board workforce reductions today to improve its cost structure and ensure a scalable business model for the long-term,’ a spokesperson said today.”
“The company did not offer any further specifics on the layoffs. One person who first alerted us to them alleges that they affect 35 people. We have had other tips that say this works out to between one-fifth and one-third of the workforce, with significant cuts in engineering,” Lunden reports. “Iit’s notable that the company has not released any user numbers in a while.”
Read more in the full article here.
“No one has officially pointed the finger at Apple’s new iTunes Radio service as the reason for Rdio’s woes,” Bryan M. Wolfe reports for App Advice. “Still, its entry almost certainly hasn’t helped.”
“Apple doesn’t charge for iTunes Radio, regardless of the platform,” Wolfe reports. “By contrast, the only way to listen to music through Rdio on an iPhone/iPod touch and iPad is to pay $9.99 per month.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]
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