Business

Spotify swings to profit, paying subscribers rise

Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter.

Business

Most executives already using generative AI tools, survey shows

Despite popular concern about generative AI making jobs redundant, a new survey by INSEAD shows employees and business leaders alike are enthusiastic about the transformative technology. In fact, two out of three respondents ...

Business

Lufthansa reports loss, cuts outlook after strikes

German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle East.

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