Spotify paid $9 billion in royalties in 2023. Here's what fueled the growth
Spotify paid out $9 billion in streaming royalties last year, the streaming giant said Tuesday in its latest "Loud and Clear" report.
Mar 19, 2024
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22
Business
News tagged with banking services
Security
Russian sentenced to five years in prison for Trickbot malware
A Russian man has been sentenced to more than five years in prison for his involvement in developing the Trickbot malware used to extort businesses, including hospitals during the COVID pandemic, the US Justice Department ...
Jan 25, 2024
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4
Security
Russian pleads guilty in US to role in Trickbot malware scheme
A Russian man pleaded guilty on Thursday to involvement in developing the Trickbot malware used to extort businesses, including hospitals during the COVID pandemic, the US Justice Department said.
Dec 1, 2023
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Business
Whose job will AI replace? Why a clerk in Ethiopia has more to fear than one in California
Artificial intelligence is changing the world—and one of the main areas it will affect in the short-to-medium term is the workforce.
Nov 3, 2023
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Business
'It's robbery': Salvadorans slow to adopt Bitcoin
Two years ago, El Salvador shrugged off a chorus of warnings and adopted Bitcoin as legal tender in a bid to revitalize its economy and improve access to financial services.
Sep 7, 2023
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Consumer & Gadgets
Nigeria's mobile money system has a dark side even though it's convenient: Study explores the risks
Financial services play vital roles in supporting economic activities. In Nigeria, though, a significant number of people don't have access to essential banking services.
Jun 28, 2023
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23
Indian IT giant TCS misses profit estimates on US weakness
Indian software giant TCS reported a weaker-than-expected increase in first-quarter profits Wednesday, as global banking turmoil and economic uncertainty weighed on its US market.
Apr 12, 2023
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Business
How a digital pound could work alongside cryptocurrencies
Like many other countries, the UK has developed a plan for a central bank digital currency (CBDC). A digital pound would essentially act like an online form of cash suitable for everyday payments. It would not earn any interest ...
Feb 24, 2023
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7
Business
Salvadoran president vows to buy "one #Bitcoin every day'
President Nayib Bukele of El Salvador, the first country to make bitcoin legal tender, said Thursday the nation would buy one unit of the currency every day, doubling down in the face of public criticism of his embrace of ...
Nov 17, 2022
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Consumer & Gadgets
Deepfakes expose vulnerabilities in certain facial recognition technology
Mobile devices use facial recognition technology to help users quickly and securely unlock their phones, make a financial transaction or access medical records. But facial recognition technologies that employ a specific user-detection ...
Aug 12, 2022
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