Business

Shares of the Swedish music streaming giant tanked 11% Tuesday after reporting earnings, set for their worst day in nine months.

Australian hospitality technology group Liven has acquired four tech companies worth a combined $152 million, in a bid to fuel international expansion.

Popular music streaming platform Spotify has confirmed that they will be raising their prices from $11.99 to $12.99 a month for Premium users.

The emergence of generative artificial intelligence (AI) offers Australia an exciting opportunity to rise to the next level as an advanced manufacturing powerhouse – but will the country fall behind?

Billionaire Twitter owner Elon Musk launched a long-teased website X.com on Sunday, redirecting the domain to Twitter, and said he will relabel the social media platform’s iconic blue bird logo as the letter “X,” the latest step in a massive rebranding effort toward what Musk has described as an all-in-one “everything app.”

Spotify plans to raise the price of its advertisement-free premium streaming plan by $1 a month, sources told the Wall Street Journal on Friday, as the streaming giant looks to remain competitive in a growing streaming marketplace, following similar moves by Netflix and Peacock.

As the United States goes for a historic three-peat, it’s USA vs. The World this summer in Australia and New Zealand. Financially, though, it’s no competition—with 11 Americans among the tournament’s top 15 earners.

Threads has seen a 70% decline in active daily users since its July 7 peak, according to market intelligence firm Sensor Tower.

Now valued higher than ever, the shapewear startup just added a half-billion to the richest Kardashian’s fortune.

Koloma has raised $91 million to drill for hydrogen continuously generated underground. If it succeeds, it could turbocharge the clean energy revolution — and tap a $1 trillion market.