Rdio compete with services such as Deezer, MOG, Napster, Rhapsody, and Spotify. On September 27, 2013, Rdio added a music recommendations feature that delivered personalized albums, stations, and playlists. On January 16, 2014 Rdio introduced some free streaming options, supported by audio advertisements. On November 16, 2015, Rdio filed for Chapter 11 bankruptcy, and reached a deal to sell certain assets and intellectual property to a competitor, Pandora, for $75 million, pending approval by the bankruptcy court. As part of this transition, the Rdio service was discontinued effective December 22, 2015, and some employees were transferred to Pandora, which will introduce
International Financial Services Centre International Financial Services Centre The International Financial Services Centre (or IFSC) began in 1987 as a special economic zone on a derelict 11 hectare site near the centre of Dublin, with EU approval to apply a 10% corporate tax rate for designated financial services activities on the site. Before the expiry of this EU approval in 2005, the Irish Government legislated in 1998/99 to effectively "turn the entire country into an IFSC" by reducing the overall Irish corporate tax rate from 32% to 12.5% (full effect by 2003). The legal requirement for a specific IFSC geographic area was thus removed,