When Spotify signed comedian Joe Rogan exclusively to its podcasting service a few months ago, Spotify’s stock jumped more than 8% as investors responded to what they saw as the growth potential. Now the company is suffering some blowback as Rogan keeps up his tendency to be controversial, most recently by hosting conspiracy theorist Alex Jones on his show. While Spotify has banned Jones’ own...
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Musk’s Twitter Has Just 180,000 U.S. Subscribers, Two Months After Launch
Around 180,000 people in the U.S. were paying for subscriptions to Twitter, including Twitter Blue, as of mid-January, or less than 0.2% of monthly active users, according to a document viewed by The Information. The tiny number signals the challenge Elon Musk faces in turning the subscription product into a major source of revenue. The U.S. number is about 62% of Twitter’s global...
Pinterest’s Profit Plunges as Expenses Soar
Vox Media Raises $100 Million from Penske
Binance to Suspend U.S. Dollar Bank Transfers
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