Daniel Ek, chief executive officer and co-founder of Spotify AB, stands for a photograph after a news conference in Tokyo, Japan, on Thursday, Sept. 29, 2016. Akio Kon | Bloomberg | Getty Images Spotify shares popped more than 14% on Wednesday after the company reported second-quarter 2022 earnings that beat analyst expectations on revenue and … Read more
Onur Dogman | LightRocket | Getty Images Spotify announced Tuesday it’s acquiring Heardle, a music recognition trivia game that’s shot up in popularity in the past year, for an undisclosed amount. The deal will push Spotify further into its mission to become a more interactive app, as it invests in video, livestreaming and podcasts in … Read more
Drew Angerer / Getty Images Spotify is slowing hiring by 25%, CEO Daniel Ek said in an email to employees on Wednesday. It’s the latest signal that companies across tech, many of which grew significantly over the early stages of the pandemic, are cutting back on staff growth as economic uncertainty looms. While job growth … Read more
Spotify, Joe Rogan must evolve in wake of N-word controversy | Fortune You need JavaScript enabled to view it.
A Spirit Airlines aircraft takes off at Orlando International Airport. Paul Hennessy | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Frontier Group, Spirit Airlines – Shares of Frontier Group and Spirit Airlines rose in midday trading after the companies announced they are merging into a deal … Read more
Joe Rogan announces the fighters during a ceremonial weigh in for UFC 264 on Jul. 9, 2021 in Las Vegas, Nevada. Stacy Revere | Getty Images Spotify’s Chief Executive Officer Daniel Ek has apologized to his employees for the way in which the Joe Rogan podcast controversy has impacted them, but said he has no … Read more
Meta earnings: Apple privacy changes help explain metaverse pivot | Fortune You need JavaScript enabled to view it.
Spotify shares fell more than 16% in the middle of the day on Thursday after medium-growth forecasts disappointed some investors. But CEO Daniel Ek said that the growth forecasts for the first quarter should not be so big for investors. “Let’s just start with our 4th quarter. 406 million users, 180 million subscribers. It was … Read more
Spotify, Joe Rogan try to weather COVID, Neil Young criticism | Fortune You need JavaScript enabled to view it.