spotify Archives - Coinspeaker

Spotify Testing New Feature – AI-Powered Podcast Language Translation

While running pilot tests, Spotify worked closely with such podcasters as Dax Shepard, Monica Padman, Lex Fridman, Bill Simmons, and Steven Bartlett to generate AI-powered voice translations in several languages.

Stripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report

Business News, Market News, News

By Tolu Ajiboye Aug 21, 2023

Adyen published its slowest growth for a half-year since 2018 and lost $20 billion of its market valuation as shares also fell 39%.

Spotify Grows Revenue to €3.2B in Q2 2023, with 551M Active Users

Business News, Market News, News

By Tolu Ajiboye Jul 25, 2023

Spotify’s Q2 2023 figures shows a strong quarter as its revenue and monthly active users both beat the company’s guidance.

Business News, News, Social Media, Technology News

TikTok Music Now Live in Australia, Mexico, and Singapore

By Godfrey Benjamin Jul 19, 2023

As TikTok expands its music offerings with the launch of its streaming service, it enters the highly competitive market currently dominated by established music streaming giants like Spotify and Apple Music.

Business News, Market News, News

Spotify Cuts Headcount by 2%, Offers Severance Package to 200 Staffs

By Godfrey Benjamin Jun 5, 2023

In addition to the series of layoffs, Spotify was forced to cancel 11 original podcasts from its in-house studios including ‘How to Save a Planet’, ‘Crime Show’, and ‘Medical Murders’.

Blockchain News, Cryptocurrency News, Market News, News, Stocks

Moonbirds Partners with Spotify to Enable NFT Music Unlocks

By Steve Muchoki May 12, 2023

The integration of Spotify with NFT projects including Moonbirds has helped its stock rally more than 80 percent YTD.

Artificial Intelligence, Business News, News, Technology News

Universal Music Group (UMG) Ask Streaming Services to Cut Out Songs Generated by AI

By Ibukun Ogundare Apr 13, 2023

A person familiar with the matter revealed that UMG has been sending out requests “left and right” to take out songs generated by AI.

Blockchain News, Cryptocurrency News, News

Spotify Introduces Token-Enabled Playlists, Currently in Testing Phase on Android

By Ibukun Ogundare Feb 23, 2023

Spotify carries out a series of tests like the new token-enabled music playlists to explore how to offer better user experience to customers.

Business News, Market News, News, Stocks, Wall Street

Spotify Reports Q4 2022 Earnings: Strong User Growth and Widened Losses

By Darya Rudz Feb 1, 2023

For the fourth quarter of the last year, Spotify reported 3.17 billion euros ($3.43 billion) in revenue, which is 18% up from the year-earlier period.

Business News, News, Technology News

Spotify Resorts to Fresh Layoff Scheme amid Tech Downturn

By Tolu Ajiboye Jan 23, 2023

Following its October headcount reduction, Swedish streaming giant Spotify looks to another layoff round to remain profitable.

Business News, Market News, News, Stocks, Wall Street

SPOT Shares Down 6.69%, Spotify Reports 2022 Q3 Earnings Results

By Steve Muchoki Oct 26, 2022

Spotify shares are down over 61 percent in the past year, hereby raising concerns over the company’s future business model.

Business News, Market News, News, Stocks, Wall Street

Spotify (SPOT) Stock Jumps 12% after Company Reports Its Q2 2022 Earnings

By Bhushan Akolkar Jul 28, 2022

Spotify reported a 14% year-over-year jump in its paid subscribers to now at 188 million. By Q3 2022, the company expects to take its monthly active users to more than 450 million.

Altcoin News, Blockchain News, Cryptocurrency News, News

Revuto Launches Revulution NFTs to Power Lifelong Netflix and Spotify Subscriptions

By Godfrey Benjamin Jul 8, 2022

While the Revulution NFTs will play a multipurpose role in the Revuto ecosystem, they certainly will come with advancing offerings and provisions over time.

Business News, Market News, News, Stocks, Wall Street

PTON Stock Up 1.36% in Pre-Market as Peloton Prepares to Welcome New CFO

By Godfrey Benjamin Jun 7, 2022

Peloton has adopted a number of strategies to beat its current bearish business outlook, a move that involves proactive cost-cutting measures and leadership change.

Business News, Market News, News, Stocks, Wall Street

Spotify Experienced ‘Strength and Resiliency’ in Q1 2022 as Revenue Tops €2.6B

By Godfrey Benjamin Apr 27, 2022

Amidst the growth in revenue and user count, the company said it increased its Operating Expense which totaled €677 million in Q1, an increase of 27% when compared to the year-ago period.