The Wrap - Apple Music, Twitter CEO, Sony digital cameras

CIO | Jun 11, 2015

Apple debuts a streaming music service, Twitter's CEO is stepping down and Sony wants to sell you a digital camera. Follow host Nick Barber on Twitter @nickjb

Apple takes on Spotify and Sony's cameras are impressive with one big drawback.

Here's your tech top three and what you need to know this week.
At Apple's Worldwide Developer Conference it announced a music streaming service that will rival Spotify. Apple Music will cost ten dollars a month for an individual account. A central part of the service will be Beats One a 24/7 global music show. Apple Music will will come to 100 countries on iphones and ipads June 30 and to Apple TV and Android in the fall. At WWDC Apple also unveiled an iOS 9 update with improvements to Siri, iPad multitasking, and maps.

Dick Costolo the embattled CEO of Twitter will leave the social network on July 1st. Twitter's financial performance has been a consistent source of frustration for investors with the company failing to post a profit since its 2013 IPO. The announcement appears to have pleased Wall Street with Twitter's stock up 8 percent. Co-fonder and chairman Jack Dorsey will take over as interim CEO.

The European Commission has launched a formal antitrust investigation into Amazon's contracts with publishers. The probe will focus on terms in the contracts that require publishers to tell Amazon if they offer similar or favorable terms to competitors. Those practices can make it difficult for other sellers to compete with Amazon. The company which is the largest ebook distributor in Europe denies the allegations.

In Focus this week we take a look at Sony, which announced three new digital cameras. I'm impressed with the technology they've packed into them, but they're putting a lot of effort into a market that, for the most part, is steadily declining. It's like developing a dedicated music player today, but wait, Sony's done that too. If you've ditched your point and shoot for your smartphone, these Sony cameras might be worth a look. They can capture 4K video internally, which is quite a technological feat and something needed if 4K displays are going to take off. They can also record super slow motion video at 960 frames per second. Traditional video is 30 frames per second so this can really slow down the action, but there's definitely a learning curve with using the feature - it took me about 10 or 15 minutes to learn how to use it. So how bad is the digital camera market? Between 2013 and 2014 the global digital camera market declined 37% according to IDC.

There is one bright spot though and it's in mirrorless interchangeable lens cameras. These are cameras like the new Sony Alpha 7R -- they're similar to a digital SLR, but without the mirror. That market is growing especially in the US, where IDC predicts double digit growth in the coming year. But only one of the three Sony cameras fell into this category. Among the cameras, the cheapest one is 1000 dollars. So while you're smartphone certainly cannot do everything this compact camera can, Sony's fighting a losing battle convincing you that you need it. I'm Nick Barber and that's a wrap.