Spotify reported 27% higher revenue for the third quarter, translating to an operating profit of 75 million euros compared with an operating loss of 40 million euros a year earlier. Driving the growth was a 75% increase in advertising-related revenue, a sign that Spotify’s expansion into podcasting is helping pay dividends. Spotify experienced little impact from the double whammy of Apple’s...
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‘Winner-Take-Most’: Anthony Noto’s Ambitions for SoFi Take Shape
Anthony Noto has long had a knack for grabbing attention. When he was a top executive at Twitter, Noto struck a deal with the NFL to air Thursday night games, thrusting the social media service into the streaming market, to the surprise of even many Twitter employees, according to people who worked there at the time. More recently, SoFi Technologies, the financial services company Noto leads as...
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