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

Spotify reports strong user growth, raises prices

Spotify reported Tuesday a bigger-than-expected rise in active users at the end of the second quarter, a day after the music streaming giant announced price increases for its premium service.

Internet

Spotify counters Apple with podcast subscriptions

Spotify unveiled plans Tuesday for podcast subscriptions, countering a similar initiative from Apple but offering a better deal than its US rival by allowing creators to keep all revenue for a limited time.

Internet

Facebook unveils big audio push, adds podcasts

Facebook on Monday said it is adding podcasts and "live audio rooms" in a push to get people talking and take on the fast-growing audio-based app Clubhouse.

Consumer & Gadgets

The golden ear-a of audio

Audio stimulates our brains more powerfully than video, and slots neatly into our new patterns of voracious cultural consumption—making this a revolutionary time for aural entertainment.

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