STOCKHOLM/NEW YORK Spotify Technology SA missed quarterly revenue expectations on Wednesday and forecast a soft current quarter, due mainly to a decline in ads as the COVID-19 pandemic kept advertisers at bay.
Spotify Technology SA on Tuesday launched its music streaming service in Russia, the fastest growing international market for music, and 12 other regions as part of its expansion strategy after breaking into India last year.
Spotify Technology on Tuesday plans to announce local language adaptations of a popular scripted podcast as part of the Swedish music streaming company's strategy to appeal to a wider global audience.
On Friday evening, viewers watched as CNN correspondent Omar Jimenez and his crew were arrested on live television while covering a protest following the death of George Floyd in Minneapolis.
NEW YORK Thomson Reuters cut its full-year sales outlook due to disruption to the global economy from the coronavirus crisis on Tuesday as it reported higher quarterly sales and earnings which fell slightly short of Wall Street estimates.
Spotify Technology SA's paid music subscribers surged to 130 million in the first quarter, driving shares in the Swedish music streaming firm higher as its business model proved more resilient than expected in the coronavirus lockdowns. | Video
AT&T Inc on Wednesday named Jason Kilar, former head of video streaming platform Hulu, as chief executive officer of its WarnerMedia unit starting in May, when it plans to launch its HBO Max service to compete with streaming heavyweights Netflix and Disney+.