Daniel Ek

Spotifyis testing a new feature that will enable users to listen to their favourite music even when they are not connected to a cellular network of Wi-Fi. Called “Your Offline Mix”, the feature is essentially a playlist that will be…

Sweden-based music streaming company Spotify has announced job cuts that will apply to 600 employees across the globe. According to a report by IANS, this change will reduce the company’s workforce by 6%. Spotify CEO Daniel Ekhas shared a…

Music streaming platform Spotify has announced it will start laying off about 6% of its staff to lower costs in the current “challenging economic environment".“Like many other leaders, I hoped to sustain the strong tailwinds from the…

Spotify CEO Daniel Ek has slammed Appleagain. In a series of tweets, Ek alleged that the iPhone maker "gives itself every advantage while at the same time stifling innovation and hurting consumers". He went on to add that the ‌App Store‌…

Onur Dogman | LightRocket | Getty ImagesIn this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later.Spotify, once a Swedish startup tasked with tackling music piracy issues, is now the…

The audio giant Spotify launched its' audiobook business with more than 300,000 titles and didn't offer any discounts to its subscribers. Spotify wants to distinguish its audiobook business and not make it a part of the podcast and music…

Spotify Technology SA will reduce its hiring by 25%, according to a source familiar with the contents of a companywide email, making it the latest tech company to curb expenses amid economic uncertainty. Spotify Chief Executive Officer…

New York: Spotify Technology SA on Wednesday said it expects to reach $100 billion revenue annually in the next 10 years and promised high-margin returns from its costly expansion into podcasts and audiobooks. The audio streaming company…

Neil Young continues on his anti-Spotify crusade, this time urging the company’s employees to quit their jobs as well as calling on creators and artists to stop using Spotify as a platform for their art. Young penned a missive for his…

A Spirit Airlines aircraft takes off at Orlando International Airport.Paul Hennessy | SOPA Images | LightRocket | Getty ImagesCheck out the companies making headlines in midday trading.Frontier Group, Spirit Airlines — Shares of Frontier…