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2 mins read
Spotify's layoffs show there's a debt-market time bomb awaiting many companies
Spotify cut 1,500 jobs Monday – and CEO Daniel Ek pointed to higher debt-refinancing costs as one f…
George Glover
1 min read
Spotify is reportedly going to get more expensive later this year
Spotify is planning price increases in several markets, including the US, and working on a new basi…
Sarah Jackson
5 mins read
Spotify employees question lavish spending on events while the company lays off thousands
Amid layoffs, Spotify remains committed to extravagant events, sparking debate about the company's …
Jyoti Mann
2 mins read
Stock market today: Indexes end lower as investors brace for major earnings results
Indexes were lower as investors braced for Tesla and Alphabet's earnings reports.
Filip De Mott
2 mins read
Even Apple's $2 billion fine seemingly hasn't stopped its beef with Spotify
Spotify wrote in an email that Apple's delay is the company's way of avoiding compliance with the D…
Aaron Mok
5 mins read
India is going to be a huge paid market: Akshat Harbola, head of strategy, Spotify India
Spotify India has run a series of experiments in the India market to capture the audience- like off…
2 mins read
TikTok is hitting the accelerator on its Spotify rival as it tests music streaming in 3 new markets
TikTok Music will soon be available for a small set of users in Australia, Mexico, and Singapore as…
Dan Whateley
3 mins read
Spotify CEO Daniel Ek says Apple's new App Store changes are a 'new low'
Spotify chief executive Daniel Ek said Apple's new changes to its App Store in the EU are a "master…
Lakshmi Varanasi
1 min read
Spotify is being hammered for wrapping 2023 with big layoffs just before Christmas
"That puts you in the top 3% of biggest layoffs this year from a tech company," one user wrote on X…
Kai Xiang Teo
2 mins read
A million streams every 3 minutes, but only 5% of OTT audio users pay for it
India's audio OTT industry has 8 million active subscribers with only 5% being paid subscribers. Ve…
2 mins read
Spotify ditches popular podcasts 'Heavyweight' and 'Stolen' as CEO doubles down on cost-cutting
Daniel Ek appears determined to make the company "relentlessly resourceful," following announcement…
Jyoti Mann
2 mins read
India is blocking TikTok's owner from offering music streaming as the company looks to build a Spotify competitor
India is banning TikTok's owner ByteDance from offering its music streaming app, Resso, as the comp…
Dan Whateley
1 min read
Stock market today: US futures rise as Tesla kicks off Magnificent 7 earnings season
Shares in Elon Musk's electric car maker have plummeted this year amid signs of a slowdown in deman…
George Glover
2 mins read
Days after laying off 17% of its staff, Spotify says its CFO is on his way out too
Spotify CEO Daniel Ek said on Thursday that the company is "entering a new phase" and needed "a CFO…
Kwan Wei Kevin Tan
1 min read
China's TikTok to take on Spotify, Apple with new subscription-based music service
Amid the growing Twitter-Meta fight over Threads app, Chinese short-video making app TikTok has lau…
1 min read
Food ordering firm Grubhub to lay off 15% of staff, nearly 400 employees
US-based online food ordering company Grubhub has announced to lay off about 15 per cent of its wor…
3 mins read
A Danish bank's list of outrageous predictions for 2022 include NFTs tanking Spotify stock, 15% inflation, and an army of women on Reddit taking on corporations
Saxo Bank's outrageous market predictions for next year are based on the premise that a socioeconom…
Carla Mozée
4 mins read
This festive season, Spotify can be a game-changer for brands with its Streaming Intelligence
Here’s a quick overview of why marketers should consider talking to their audience on Spotify, e…
3 mins read
Spotify CEO Daniel Ek sure sounds like he's blaming his 1,500 job cuts on fake work and amateur execs
Ek was surprisingly blunt about why he was axing staff and losing his CFO.
Hasan Chowdhury
2 mins read
Rumble SPAC plummets 19% after Joe Rogan's loyalty to Spotify dashes hope for $100 million podcast deal
The commitment from Rogan and Ek means Rumble likely has little chance of luring the podcast host o…