Spotify Technology SA

Spotify to start in-app revenue on Iphone in Europe right after new EU legislation needs Apple to enable it
Daniel Ek, CEO of Swedish new music streaming support Spotify, gestures as he can make a speech at a press meeting in Tokyo on September 29, 2016. Toru Yamanaka | AFP | Getty Photos Spotify claimed Wednesday it will update its Apple iphone application in Europe to allow for users to purchase in-application subscriptions and […]
Read More
Morgan Stanley names its best shares for 2024, which includes this streaming big
Analysts at Morgan Stanley not too long ago unveiled a slew of must-personal shares for 2024. These names have substantial upside and are fantastic purchases now, according to the firm. CNBC Professional combed by way of current study to come across Morgan Stanley’s finest concepts for the new calendar year. They incorporate Spotify, T-Cell, Howmet […]
Read More
Stocks creating the major moves midday: Spotify, Virgin Galactic, Lululemon and more
Look at out the corporations generating headlines in midday buying and selling. Lululemon — Shares declined 1.3% after Wells Fargo downgraded the athleisure organization to equivalent pounds from obese. The firm said Lululemon’s prior good catalysts have presently played out, and it forecasts extra muted expansion in 2024. Coinbase , MicroStrategy , Marathon Electronic — […]
Read More
Spotify to lay off 17% of workforce — examine the full memo CEO Daniel Ek sent to employees
It comes soon after Spotify documented a 65 million euros ($70.7 million) gain in the third quarter, citing lessen devote on advertising and staff. Spotify elevated price ranges of its membership options previously this yr and has been increasing into podcasts and audio guides. The most up-to-date spherical of redundancies follows successive cuts at the […]
Read More
China’s version of Spotify is ‘underappreciated,’ Morgan Stanley says
Tencent New music Leisure is convincing more individuals in China to pay back for songs. In the July-to-September interval, the firm’s on the web music subscribers topped 100 million on a quarterly basis for the initially time given that TME mentioned in the U.S. in late 2018. That’s still just a fraction of the 594 […]
Read More
Spotify stock jumps 10% as cost-cutting boosts streamer to first quarterly profit in a year
Spotify shares closed 10% higher on Tuesday after the company reported a surprise profit for the third quarter — its first quarterly profit in a year and a half — as price increases and cost-cutting measures took hold. The company’s stock has more than doubled so far this year, giving it a market value of […]
Read More
How Israel’s tech group is responding to the Israel-Hamas war
Israeli soldiers on a tank are observed in the vicinity of the Israel-Gaza border. Ilia Yefimovich | Photograph Alliance | Getty Photos On Saturday, Dvir Ben-Aroya woke up expecting to go on his normal early morning operate. As a substitute, he was met with blaring alarms and missiles traveling about Tel Aviv. Ben-Aroya, co-founder of […]
Read More