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Spotify’s $1 Billion Podcast Bet Turns Into a Serial Drama
Business

Spotify’s $1 Billion Podcast Bet Turns Into a Serial Drama

Listen to article (2 minutes) Spotify spent more than $1 billion to build a podcasting empire. It struck splashy deals with Kim Kardashian, the Obamas

Podcast Cuts, Higher Music Royalties Deepen Spotify Losses
Business

Podcast Cuts, Higher Music Royalties Deepen Spotify Losses

The streaming giant booked its strongest-ever quarter for user growth. Source link

Spotify Plans to Raise Price of Premium Plan in U.S.
Business

Spotify Plans to Raise Price of Premium Plan in U.S.

The audio company had avoided raising prices, but faces investor pressure to increase profitability. Source link

JPMorgan, Wells Fargo expect deposits to extend Q2 declines By Reuters
Finances

Analysis-Why China could become the luxury industry’s next sore spot By Reuters

© Reuters. FILE PHOTO: People wearing face masks following the COVID-19 outbreak walk out of a shopping mall in Beijing, China September 19, 2020. Picture

Saudi Arabia to Lose Top Spot in OPEC+
Finances

Saudi Arabia to Lose Top Spot in OPEC+

The kingdom is set to fall below Russia as the largest oil producer in the alliance as its production cuts begin to bite, tightening the

Microsoft's Win Puts U.K. Regulator in Challenging Spot Over Activision Deal
Business

Microsoft's Win Puts U.K. Regulator in Challenging Spot Over Activision Deal

Britain’s antitrust watchdog, the only major regulator preventing the deal from closing, says it is ready to consider a new proposal. Source link

Bitcoin, Coinbase Are Soaring Despite Obstacles Facing Spot Bitcoin ETFs
Finances

Bitcoin, Coinbase Are Soaring Despite Obstacles Facing Spot Bitcoin ETFs

Analysts warn that steps to limit market manipulation might not clear the Securities and Exchange Commission’s bar. Source link

After-hours movers: PG&E falls on spot offering, Diamondback Energy gains potential asset sale
Stock Market

PG&E falls on spot offering, Diamondback Energy gains potential asset sale By Investing.com

© Reuters. After-hours movers: PG&E falls on spot offering, Diamondback Energy gains potential asset sale After-Hours Stock Movers: PG&E Corp. (NYSE:) 2% LOWER; A 50

Qualcomm, Nvidia spar for top spot in AI chip efficiency tests By Reuters
Finances

Qualcomm, Nvidia spar for top spot in AI chip efficiency tests By Reuters

2/2 © Reuters. FILE PHOTO: A Qualcomm sign is shown outside one of the company’s many buildings in San Diego, California, U.S., September 17, 2020.

Raine Group Acquires Code Advisors, a Boutique Bank
Finances

Raine Group Acquires Code Advisors, a Boutique Bank

WSJ News Exclusive Finance The acquisition is an effort by the merchant bank to strengthen its Silicon Valley footing Source link