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...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
Exclusive
facebook
Meta Rehires Partnerships Executive After Vowing to Shrink Management

Meta Platforms CEO Mark Zuckerberg’ effort to cut back on middle managers isn’t stopping the company hiring more middle managers. Meta has re-hired a veteran manager, Nick Grudin, to oversee its relationships with media companies and other creators, just seven months after Grudin quit to join Dapper Labs, an NFT startup. Grudin will resume his old job, reporting to his previous boss...
Latest Briefs
Virgin Orbit Nears $200 Million Funding Deal
Amazon Tests Palm-Scanning Technology at Panera Bread
Toyota Phases Out Amazon Alexa in Vehicles, Explores ChatGPT
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
First Look
startups
ai
Boom Times in San Francisco’s AI Underground
Exclusive
google
amazon
NBA Wants Billions More in Sports Deals: Media and Tech Firms Are Resistant