Toys ‘R’ Us Plans to Close All U.S. Stores

Money

Reuters:

Iconic toy retailer Toys ‘R’ Us Inc will shutter or sell its stores in the United States after failing to revamp its struggling business, putting 30,000 jobs at risk and leaving a void for vendors who supplied the company with $11 billion worth of goods a year.

As a kid there was no place I wanted to go more than Toys ‘R’ Us.

Spotify Testing Voice Control of App

Spotify is testing voice control of their iOS app. Casey Newton of The Verge got a chance to try it out:

Tap it and you’ll get a brief walkthrough of the search feature, which is currently available only in English. After giving Spotify access to your phone’s microphone, you can tap the mic icon and speak your command. If Spotify understands you, it will begin playing the song, artist, album, or playlist you want.

iHeartMedia Files Chapter 11

Iheart Media

Ed Christman, writing for Billboard:

iHeartMedia and some of its subsidiaries filed for Chapter 11 protection last night after reaching a pre-packaged agreement with its principle creditors that will apparently see the company cut its debt in half to $10 billion after a debt-to-equity swap with some debt holders; and the spinoff of Clear Channel Outdoor Holdings, which is not a part of the Chapter 11 proceedings.