The new president of the United States, Donald Trump has appointed co-found of pro wrestling company WWE, Linda McMahon to lead the Small Business Administration. McMahon was a strong Trump supporter and has even helped Trump during his campaign giving the then candidate $6 million for his campaign.
The Small Business Administration (SBA) helps in financing and training small businesses and entrepreneurs, and has an office in every state.
Trump said in a statement that “McMahon has a tremendous background and is widely recognized as one of the country's top female executives advising businesses around the globe”. He continued “Linda is going to be a phenomenal leader and champion for small businesses and unleash America's entrepreneurial spirit all across the country.”
McMahon ran for the U.S. Senate seats in Connecticut twice in 2010 and 2012, but did not make it, In Her Campaigns McMahon supported to lower corporate tax rate and to reduce regulations which is similar to what Trump has proposed in his campaign.
Apple hit 20 million paid Subscribers
Apple music subscribers have sky rocketed, reaching 20 million. Apple music has added three million users to the reported 17 million it reported in September. Although this may sound like a big number, in comparison to Spotify that have 40 million paid subscribers, the technology giant still has a lot of catching up to do.
In an interview with the BBC, Apple music boss Eddie Cue stated that it had closed 70 exclusives in just this year. But the industry does no appreciate the competition between Music streaming companies. The universal Music Group has stopped offering exclusive deals to these streaming services early this year.
Despite the fact that Apple Music is trailing behind in the competition, Cue says that Apple Music still has a lot of room to grow.