Apple Responds to Spotify Complaint
Apple Inc. has issued a strong response to Spotify Technology's ongoing complaint with the European Union, which may result in a substantial $539 million fine against the tech giant. Supporting…
The Battle for Streaming Supremacy: Amazon, Apple, and Google vs. Spotify
In the competitive world of streaming music, industry titans Amazon.com, Apple, and Google hold a significant advantage over Spotify Technology (SPOT). Besides their financial flexibility, these tech behemoths can tap…
Spotify Records 19% Jump in MAUs as Q1 2022 Rev. Rises 24%
(Spotify) Spotify’s monthly active users were recorded at 422 million in the first quarter of 2022, up by 19% from the prior year. The MAUs surpassed an initial guidance increase…
Spotify CEO Daniel Ek Eyes $1B Bets in Europe’s Innovative Firms
(Bloomberg) Prima Materia, an investment firm by Spotify CEO Daniel Ek, is targeting European tech startups, with up to $1 billion set for allocation. The bets focus on startups ranging…
Spotify Counters User Backlash With Covid Rules After Rogan Controversy
(Spotify) Spotify Technology SA has come out to defend its stand about Covid-19 by publishing rules on content allowed on its platform. Spotify says the advisory seeks to raise awareness…