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Spotify Revives Messaging Feature in Bid to Become More Social and Counter Rivals

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London, UK - August 01, 2018: The buttons of Spotify, Podcasts, Netflix, WhatsApp and Music on the screen of an iPhone.

Spotify Technology is rolling out a messaging feature for both free and premium users, underscoring the streaming giant’s push to transform itself into a more interactive platform while holding off on intensifying competition from Apple Music, Amazon Music, and YouTube.

The feature, launching this week in select Latin and South American markets for users aged 16 and older, will allow people to chat and share music directly with contacts they have already interacted with on Spotify. Expansion to the United States, Canada, Brazil, the European Union, the United Kingdom, Australia, and New Zealand will follow in the coming weeks.

This marks the return of a capability Spotify once had but dropped in 2017 due to low engagement. With a much larger user base today—696 million monthly active users in Q2, and a long-term goal of 1 billion—the company is betting that messaging will gain traction this time.

At launch, the feature supports one-on-one conversations, and users can only start chats with people they have existing connections to on Spotify. These may include a shared playlist, a Blend, a Jam session, or membership in a Family or Duo plan. Once a request is sent, the recipient must approve it before the conversation begins.

Spotify is also integrating cross-platform functionality. If someone sends a Spotify link on apps like WhatsApp, Instagram, Snapchat, Facebook, or TikTok, tapping the link lets the recipient approve a chat request inside Spotify. Users can also send invite links to contacts directly.

The messaging tool aims to keep more engagement within the app. While users have long shared Spotify links externally, the company now wants people to have conversations and revisit shared content without leaving the platform. A history of tracks and podcasts shared in each chat will remain accessible, removing the need to search for links again. Users can also react to specific messages with emojis.

On security, Spotify said messages are encrypted at rest and in transit, but unlike apps such as WhatsApp or Signal, they are not end-to-end encrypted. The company will proactively scan messages for rule violations. Users can report abusive content, which Spotify will investigate against its platform rules and terms of service.

The new rollout is part of a broader strategy to make Spotify more interactive and sticky. Chief Product and Technology Officer Gustav Söderström hinted during last month’s earnings call that the consumer mobile experience would become “much more interactive,” and messaging appears to be one of the key features driving that direction.

Over the past year, Spotify has also added comments on podcasts, introduced a video-focused home feed, and expanded its partner program that allows podcast creators to monetize video content.

Still, some users may not embrace the change. Complaints about clutter and feature overload have been growing, with some longtime users saying Spotify feels less like a clean music player and more like a crowded social app. TechCrunch journalist Amanda Silberling, who recently switched to Apple Music, wrote that “there’s an overwhelming display of visual clutter from the time it takes to navigate from Spotify’s home page to the music you’re looking for.”

To address concerns, Spotify has made messaging optional, allowing users to disable it under Settings > Privacy and social.

The move comes as rivals Apple Music and YouTube Music continue adding their own social layers to deepen user engagement. Apple Music has introduced features such as shared playlists—where multiple users can collaborate in real time—and time-synced lyrics that can be shared directly to social media. Apple has also leaned on integration with iOS to make music sharing frictionless across iMessage and FaceTime.

Meanwhile, YouTube Music is capitalizing on its community-driven platform by offering comments on videos and songs, playlist collaboration, and integration with Shorts. YouTube’s music arm benefits from the broader YouTube ecosystem, where engagement thrives on likes, shares, and creator interaction—something Spotify is increasingly trying to replicate with podcasts and videos.

Spotify is thus signaling it wants to compete on the same social front by reintroducing messaging. Unlike its rivals, though, Spotify is attempting to build a social environment around music discovery itself, keeping users in-app rather than relying on external platforms. With 696 million users worldwide, the potential is massive—but so is the risk of alienating listeners who prefer Spotify’s original simplicity.

Ultimately, some analysts believe that Spotify is walking a fine line. However, they note that it needs to add features that differentiate it from rivals and boost engagement to hit its 1 billion user goal, while avoiding turning its interface into something that feels bloated.

Claude for Chrome: Anthropic Announces Browser-based AI Assistant Powered by Claude

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Anthropic on Tuesday unveiled a research preview of its latest experiment in agentic AI: a browser-based assistant powered by its Claude models.

Branded Claude for Chrome, the extension is rolling out first to a group of 1,000 subscribers on Anthropic’s Max plan, which costs between $100 and $200 per month. A waitlist has also opened for other users eager to test the new system.

According to TechCrunch, the tool is designed to maintain awareness of everything happening in a user’s browser session by embedding Claude directly into Chrome through a sidecar window. Beyond contextual chat, users can grant Claude permission to act on their behalf—taking over tasks that traditionally require manual clicks or inputs. The system is pitched as a step toward seamless integration, where AI does not just advise but executes.

The Browser as the Next AI Battleground

Anthropic’s announcement underscores how quickly the web browser has emerged as a high-stakes battleground for AI labs. Perplexity, a rising competitor, recently launched Comet, a full AI-powered browser that integrates an agent capable of automating browsing tasks. OpenAI is also reported to be developing an AI-native browser, expected to carry similarities to Comet’s approach, while Google has already woven Gemini integrations into Chrome in recent months.

The timing is crucial because Google’s dominant position in the browser market is under immediate threat from a looming U.S. antitrust decision. A federal judge has hinted that the case may culminate in a forced divestiture of Chrome—a move that could completely reshape the competitive landscape. Already, Perplexity has floated an unsolicited $34.5 billion offer for Chrome, and OpenAI’s Sam Altman has publicly indicated his interest in acquiring the browser if it were put on the market. If Chrome were spun off, control of the world’s most widely used browser could fall to one of the very AI labs now racing to define its future.

Safety Risks in Agentic Browsing

Anthropic’s announcement was not just about capability but also caution. The company stressed that giving AI agents browser-level control carries new safety risks. Just last week, Brave’s security team highlighted that Comet’s browser agent was susceptible to indirect prompt-injection attacks—a form of exploit where hidden instructions on a webpage trick the AI into carrying out malicious tasks.

Perplexity has since patched the vulnerability, according to its head of communications, Jesse Dwyer. But the incident highlights why Anthropic is framing its Chrome integration as a “research preview” aimed at identifying and neutralizing such novel risks before wider release.

To that end, Anthropic disclosed that it has already rolled out layered defenses against prompt injections. Internal testing shows that these interventions cut the success rate of such attacks nearly in half, from 23.6% to 11.2%.

Additional safeguards include restricting Claude’s agent from accessing certain categories of websites—such as financial services, adult content, and piracy hubs—by default. Users also retain granular control over permissions, with Claude explicitly required to ask before performing high-risk actions like publishing online, making purchases, or sharing personal data.

The Road to Agentic AI

Claude for Chrome is not Anthropic’s first venture into agentic AI. In October 2024, the company launched a desktop-focused agent capable of controlling a PC. However, those early attempts were marred by sluggish performance and inconsistent reliability.

Since then, the field has progressed rapidly. TechCrunch did a test of newer entrants, such as Perplexity’s Comet and OpenAI’s experimental ChatGPT Agent, which suggests that browser-based agents are now reasonably effective at offloading simple, repetitive tasks. Complex, multi-step workflows, however, continue to challenge current models.

The iterative leap from chatbots that only answer questions to autonomous systems capable of navigating the web on a user’s behalf represents both the promise and peril of agentic AI. It hints at a future where browsing itself could become less about clicking and typing, and more about delegating.

A Shifting Browser Economy

The broader context is that the web browser has remained one of the most valuable gateways to user activity since its inception. Whoever controls the browsing experience controls not only access to information but also the point of transaction for ads, commerce, and digital services. For decades, Google has leveraged Chrome to anchor its dominance in search and online advertising.

Now, AI labs see the browser as a natural arena to extend their reach. Companies like Anthropic, OpenAI, and Perplexity can move closer to being ever-present copilots in users’ digital lives by integrating AI agents directly into the browsing layer. The outcome of Google’s antitrust battle may accelerate this transition dramatically.

Anthropic’s careful rollout of Claude for Chrome highlights a two-sided race: one for capability and one for trust. On one hand, the competition is about which AI lab can build the most seamless, powerful, and reliable browsing agent. On the other hand, it is about demonstrating security and safety in a domain where the risks of abuse—from fraud to surveillance—are high.

As Anthropic refines Claude’s browser presence and rivals push forward their own AI-integrated browsing visions, the sector edges closer to a tipping point. If browsers truly become intelligent, action-taking agents, they will not only change how people interact with the web but also who ultimately governs access to it.

South Korea Pledges $150bn in U.S. Investments as Trump Holds Firm on Tariffs

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South Korea announced a broad slate of investment plans spanning shipbuilding, nuclear energy, aerospace, energy, and critical minerals during a summit on Monday between U.S. President Donald Trump and South Korean President Lee Jae Myung in Washington, D.C.

The country’s business lobby group said South Korean companies would channel $150 billion into U.S. projects, marking one of the largest commitments by a foreign partner under Trump’s administration. The plans, which encompass both new and previously announced projects, span sectors such as artificial intelligence, semiconductor chips, biotechnology, shipbuilding, and nuclear power.

The investment push, however, comes against the backdrop of ongoing trade friction. Trump said during the summit that a 15% tariff on imports from South Korea will remain in place, despite Lee’s high-profile visit to Washington. In July, the two countries struck a trade deal that allowed Seoul to avoid a more punishing 25% tariff, but tensions over the agreement have persisted.

The new investment drive represents South Korea’s attempt to ameliorate the pressure of Trump’s tariffs while reinforcing its role as a leading investor in the U.S.

$150 Billion Investment Plans

According to officials, the $150 billion commitment is equivalent to about six times South Korea’s U.S. foreign direct investment in 2024 if fully delivered. Presidential adviser Kim Yong-beom noted that the pledge includes previously announced projects such as Samsung Electronics’ new chip factory in Texas, Hyundai Motor’s car plant in Georgia, and Hanwha’s expansion of its U.S. shipyard.

Aerospace: One of the largest single announcements came from Korean Air, which confirmed the purchase of 103 Boeing aircraft worth $36.2 billion, alongside a $13.7 billion deal with GE Aerospace for engines and maintenance services. The deal marks the airline’s largest contract in its history, separate from an earlier order this year for up to 50 Boeing jets and GE engines.

Hyundai Motor Group announced it would raise its U.S. investment plan to $26 billion, up from $21 billion, covering 2025 to 2028. The new plan includes building a steel mill in Louisiana, expanding Hyundai and Kia’s U.S. auto production capacity, and creating a robotics hub with an annual output of 30,000 units.

Shipbuilding: Trump highlighted shipbuilding as a key area of cooperation, pledging that the U.S. would buy ships from South Korea while also working with Seoul to revive America’s domestic shipbuilding industry.

HD Hyundai, together with Korea Development Bank, signed an MOU with U.S. investment firm Cerberus Capital to create a multibillion-dollar joint fund aimed at boosting U.S. maritime capacity, including shipbuilding. Meanwhile, Samsung Heavy Industries and Vigor Marine Group struck a preliminary deal covering maintenance of U.S. Navy support ships, shipyard modernization, and joint vessel construction.

LNG: On the energy front, state-run Korea Gas Corp reached long-term agreements with Trafigura and others to import 3.3 million tonnes of liquefied natural gas (LNG) annually for 10 years starting in 2028, largely supplied by U.S. exporters such as Cheniere.

Nuclear Energy: South Korea’s Korea Hydro & Nuclear Power (KHNP) and Doosan Enerbility signed agreements with U.S. partners X-energy and Amazon Web Services to cooperate on small modular reactor (SMR) design, construction, and supply chains.

Doosan also struck a deal with Fermi America to supply nuclear and SMR equipment for a Texas-based AI project, while KHNP and Samsung C&T signed a separate MOU with Fermi on construction. Additionally, KHNP agreed with Centrus on a joint investment in a U.S. uranium enrichment facility.

Critical Minerals: Korea Zinc agreed with Lockheed Martin to supply germanium from 2028 under a long-term contract and expand cooperation in rare metals critical to defense and aerospace supply chains.

$350 Billion Investment Fund

Alongside the $150 billion corporate pledge, the two governments also moved forward on a broader financing initiative. As part of the July trade deal, South Korea had committed to pursuing $350 billion in investment funds to help blunt U.S. tariff pressure. On Monday, Seoul and Washington agreed to a non-binding deal to structure and steer this fund.

According to Kim, the “financial package” would be directed toward strategic industries, including key minerals, batteries, chips, pharmaceutical products, artificial intelligence, and quantum computing.

4 Features of Great Companies [video]

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To turn your customers into fans, and create a fandom in your market, demonstrate these four characteristics of enduring category-king companies:

  • Be perceptively innovative.
  • Be evidently inspiring.
  • Be ruthlessly pragmatic.
  • Be customer obsessed.

In our two core equations of markets, the above four attributes are needed to analogously balance them:

  • (1)  Innovation =: Invention + Commercialization
  • (2)  Great Company =: awesome products + superior execution

Tekedia Mini-MBA >> our own product is KNOWLEDGE, and we balance our equations!

CBN Orders Nigerian Banks, Payment Operators to Migrate to ISO 20022, Mandates Geo-Tagging of Terminals by Oct 2025

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The Central Bank of Nigeria (CBN) has issued a sweeping directive compelling all financial institutions and payment operators in the country to complete migration to the ISO 20022 global messaging standard and implement mandatory geo-tagging of payment terminals by October 31, 2025.

In a circular dated August 25 and signed by Dr. Rakiya O. Yusuf, Director of the Payments System Supervision Department, the apex bank stressed that the reforms are crucial to strengthening Nigeria’s financial infrastructure, aligning the country with international benchmarks, and improving transparency in electronic transactions.

The directive, published on the CBN’s official website on Tuesday, applies to Deposit Money Banks (DMBs), Microfinance Banks (MFBs), Mobile Money Operators (MMOs), Switching and Processing Companies, Payment Terminal Service Providers (PTSPs), Payment Solution Service Providers (PSSPs), Super Agents, and all other licensed players in the payments ecosystem.

ISO 20022: Global Standard, Local Mandate

The CBN said the adoption of ISO 20022, now the global benchmark for payments messaging, is consistent with SWIFT’s global migration timeline.

“All payment transaction messages exchanged domestically or internationally must be formatted in ISO 20022 in line with CBN and SWIFT specifications,” the circular stated.

Institutions are expected to populate mandatory data fields accurately, including payer and payee identifiers, merchant and agent identifiers, and transaction metadata. The regulator underscored that compliance is not optional, warning that migration activities must be fully completed before the October 31 deadline.

ISO 20022 replaces legacy messaging formats with a data-rich framework that provides greater clarity and reliability. Instead of terse transaction codes, the standard allows detailed information such as purpose codes, remittance details, and identifiers, thereby reducing errors, enhancing fraud detection, and making regulatory oversight more effective.

Mandatory Geo-Tagging of Terminals

In addition to messaging reforms, the CBN rolled out a significant requirement for geo-tagging of payment terminals such as PoS devices.

According to the directive:

  • All existing and new terminals must have native geolocation services enabled, supported by double-frequency GPS receivers.
  • Terminals must be registered with a Payment Terminal Service Aggregator (PTSA) and tied to precise latitude and longitude coordinates of the merchant’s physical business location.
  • Android OS version 10 or higher is now the minimum requirement to ensure compatibility with the National Central Switch’s geolocation monitoring system.
  • Terminals not routed through a PTSA will be barred from transacting.
  • Geo-location data must be captured at the point of transaction and embedded in the message payload as a mandatory reporting field.

The apex bank further directed that all existing terminals must be geo-tagged within 60 days of the circular, while new terminals must be geo-tagged before certification and activation. Compliance validation exercises are set to commence from October 20, 2025.

The CBN aims to curb fraud, prevent unauthorized relocation of devices, and strengthen confidence in digital transactions by linking terminals to their exact deployment points. Geo-tagging also enables regulators to identify underserved regions and guide policies for financial inclusion.

Why It Matters

Experts say the reforms represent one of the most ambitious overhauls of Nigeria’s payments ecosystem in years. The ISO 20022 migration aligns the country with global financial standards, enhancing cross-border payment efficiency while tightening domestic oversight.

The mandatory geo-tagging of payment terminals is expected to reduce rampant fraud involving mobile PoS machines and strengthen transaction integrity. Analysts also point out that by tracking deployment, the CBN could use the data to address gaps in payment penetration across rural and semi-urban areas.

Challenges Ahead

Despite the clear benefits, the directive may pose challenges for smaller operators. Many microfinance banks and small PTSPs could struggle with the cost of upgrading devices to Android 10 and equipping them with advanced GPS technology.

Some analysts warn that without adequate support, smaller firms risk being forced out of the market. They note that while this reform will certainly improve the payments space, the cost implications may hit smaller players harder, potentially leading to consolidation in the industry.

Nigeria’s payment system has grown exponentially over the past decade, with PoS transactions, mobile money services, and online payments surging as cash use declines. But fraud, weak oversight, and uneven infrastructure deployment have plagued the sector.

The CBN’s reforms, by insisting on data standardization (ISO 20022) and location traceability (geo-tagging), aim to plug these gaps, protect consumers, and put Nigeria on par with advanced financial markets.

If fully implemented, the measures could reshape not just compliance but also competition in the industry, rewarding operators who can swiftly adapt and raising the bar for customer trust and transaction security.