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Spotify Technology SA

LVMH CEO Bernard Arnault’s family office invests in AI startups

by Mark McDuffie
LVMH CEO Bernard Arnault’s family office invests in AI startups

World’s top luxury group LVMH head Bernard Arnault presents the group’s annual results 2022 in Paris on January 26, 2023. Stefano Rellandini | AFP | Getty Images A version of …

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Meta advertising growth proof that hefty AI spending is paying off

by Merchant Moller
Meta advertising growth proof that hefty AI spending is paying off

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on “The Circuit with Emily Chang” at Meta headquarters in Menlo Park, California, US, on Thursday, July 18, …

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Peloton staves off liquidity crunch in global refinance

by Mark McDuffie
Peloton staves off liquidity crunch in global refinance

A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2. Michael Nagle | …

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Venture capital firm Accel raises $650 million Europe and Israel fund

by Sipho Sepamla
Venture capital firm Accel raises 0 million Europe and Israel fund

From left to right, Accel general partners Harry Nelis, Sonali de Rycker, Andrei Brasoveanu, Luca Bocchio, and Philippe Botteri. Accel Venture capital firm Accel said Tuesday it’s raised $650 million …

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Peloton CEO Barry McCarthy steps down, 15% of staff laid off

by Merchant Moller
Peloton CEO Barry McCarthy steps down, 15% of staff laid off

Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley Conference on July 06, 2022 in Sun Valley, Idaho. Kevin …

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Spotify (SPOT) earnings Q1 2024

by Sipho Sepamla
Spotify (SPOT) earnings Q1 2024

Daniel Ek, CEO of Swedish music streaming service Spotify, gestures as he makes a speech at a press conference in Tokyo on September 29, 2016. Toru Yamanaka | AFP | …

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Earnings from Tesla, Merck and Big Tech

by Merchant Moller
Earnings from Tesla, Merck and Big Tech

CNBC Investing Club with Jim Cramer Rob Kim | NBCUniversal CNBC’s Jim Cramer on Friday noted that major quarterly results from players like Verizon, Meta, Microsoft and Alphabet will be coming next …

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Peloton removes free app membership

by Mark McDuffie
Peloton removes free app membership

A stationary bicycle inside of a Peloton store is pictured in the Manhattan borough of New York City, U.S., January 25, 2022.  Carlo Allegri | Reuters Peloton has quietly removed …

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How Spotify AI plans to know what’s going on inside your head

by Sipho Sepamla
How Spotify AI plans to know what’s going on inside your head

With about 100 million tracks available and over 600 million subscribers, helping listeners find the music they will love has become a navigational challenge for Spotify. It’s the promise of …

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Spotify plans to raise prices: Report

by Sipho Sepamla
Spotify plans to raise prices: Report

The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange in New York City, Dec. 4, 2023. Brendan Mcdermid | Reuters Spotify shares …

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