Bloomberg A parade of up-and-coming musicians from Universal Music took the stage at the Ace Hotel in downt- own Los Angeles in a pre-Grammy Awards performance for a room full of the executives who will make or break their careers. Talent bookers from James Corden’s late-night show, marketing executives from top brands and executives from Spotify Ltd. and YouTube …

  Bloomberg A consortium of Australia’s biggest banks has abandoned its attempt to negotiate as a bloc with Apple Inc. over the cost of using its mobile payment system, narrowing its claim to focus solely on access to a key piece of iPhone technology. In their final submission to the competition regulator, the banks hit back at earlier claims by …

  Bloomberg The Pentagon is paying hackers to test its key internal systems for vulnerabilities — and they are finding weaknesses faster than expected. In a pilot project this past month, the Pentagon’s Defense Digital Service let about 80 security researchers into a simulated “file transfer mechanism” the department depends on to send sensitive e-mails, documents and images between networks, …