Spotify expects strong profit on price hikes, user growthShopify projected quarterly revenue largely above market estimates on Tuesday, signaling strong demand at the ecommerce company as retailer...
04 Nov, 2025, 09.11 PM IST
Spotify founder steps down from CEO roleFounder Daniel Ek will transition to executive chairman starting January 1, 2026, while Gustav Soderstrom and Alex Norstrom are appointed c...
01 Oct, 2025, 05.32 PM IST
Spotify sees 12% rise in paid subscribersSpotify saw paying subscribers rise 12 percent to 276 million customers in the second quarter of 2025, the world's top music streaming serv...
29 Jul, 2025, 06.08 PM IST
German defence startup Helsing raises $693 million in latest investment roundGerman defence startup Helsing raised €600 million ($693 million) in a round led by Spotify founder Daniel Ek’s Prima Materia, valuing it a...
17 Jun, 2025, 02.30 PM IST
AI to spur more music creativity, not a threat: Spotify CEOSpotify's CEO, Daniel Ek, believes AI will democratize music creation, not destroy the industry. He envisions a future where AI lowers crea...
28 May, 2025, 05.47 PM IST
Apple App Store changes ‘a step in the wrong direction’: MicrosoftThe new App Store changes, announced ahead of the EU Digital Markets Act (DMA) in March, will require developers using third-party app stor...
30 Jan, 2024, 11.42 AM IST
Spotify: Here is why the music streamer is cutting about 17% of its global workforceSpotify's CEO, Daniel Ek, announces a strategic realignment, cutting 1,500 jobs globally, reflecting a broader trend as tech giants reshape...
04 Dec, 2023, 06.54 PM IST
Spotify layoffs: Music streamer to lay off 17% of workforceSpotify Layoff 2023: More than 1,000 people are expected to lose their jobs as the company moves to achieve its financial goals while reduc...
04 Dec, 2023, 03.24 PM IST
Spotify makes audiobooks free for premium subscribersOn Tuesday, Spotify said that it would begin offering 15 hours of audiobooks each month as part of its streaming service for premium subscr...
04 Oct, 2023, 10.17 AM IST
Spotify to lay off 6% of employees, CEO Daniel Ek tells staffThe affected employees will receive approximately five months of severance based on local notice period requirements and employee tenure. T...
23 Jan, 2023, 07.39 PM IST
Spotify CEO Daniel Ek renews attack on Apple after Elon Musk's salvoOn Monday, the world's richest person Elon Musk criticized the fee Apple charges software developers - including his Twitter business - for...
01 Dec, 2022, 09.04 AM IST
Spotify to slow hiring by 25% amid economic uncertaintySpotify Chief Executive Officer Daniel Ek informed the staff via email Wednesday that the world's largest on-demand audio service would con...
16 Jun, 2022, 08.07 AM IST
Spotify expects to reach $100 billion in revenue in 10 yearsThe audio streaming company hosted its first investor day since going public in 2018, hoping to stoke Wall Street's enthusiasm despite the ...
09 Jun, 2022, 11.27 AM IST
India is among the markets that is doing incredibly well: Spotify CEO Daniel EkFrom a subscription perspective, Spotify said it expects the core markets like Europe and North America to keep growing for a while longer,...
28 Apr, 2022, 07.19 PM IST
'Get out of that place before it eats up your soul...' Neil Young calls Spotify CEO Daniel Ek 'the big problem', asks employees to quitYoung has been leading a boycott of the streaming giant for weeks.
09 Feb, 2022, 09.42 AM IST
Spotify CEO writes to employees, condemns racism but says 'silencing' Rogan not 'the answer'Ek apologised to employees for the impact the controversy is having on them.
07 Feb, 2022, 03.03 PM IST
Spotify says it will add content advisory to podcasts that discuss Covid"This new effort to combat misinformation will roll out to countries around the world in the coming days," CEO Daniel Ek said. "To our know...
31 Jan, 2022, 08.03 AM IST