How Josh Kushner’s fortune tripled this year
The Kushner scion’s VC firm Thrive Capital nearly tripled its assets thanks to smart bets on OpenAI and SpaceX. Now he’s looking to spend some cash on the NBA’s Lakers.
Spotify
Spotify hit with class action lawsuit alleging discovery mode is a ‘pay-for-play scheme’
Spotify’s Discovery Mode allows artists to flag songs to be boosted in Spotify’s algorithmic recommendations in exchange for a 30% royalty commission—but a lawsuit accuses the streaming company of boosting artists who pay them.
Spotify accused of ignoring ‘billions’ of fraudulent Drake streams—what we know about bot streams
A federal lawsuit filed Sunday in California federal court accuses Spotify of failing to prevent streaming fraud, including by allowing “billions” of bot-generated streams that allegedly boosted rapper Drake’s streaming numbers, though he is not named as a defendant.
OpenAI’s ChatGPT now connects with third-party apps like Spotify: Here’s the latest in the AI arms race
Artificial intelligence products are launching at a rapid pace as the sector’s largest companies battle for supremacy and secure increasingly large valuations worth hundreds of billions of dollars.
Why Spotify CEO Daniel Ek is stepping down after nearly two decades
Daniel Ek, the billionaire founder of the $150 music streamer, is exiting Spotify’s top role as he is increasingly backing moonshot tech companies
Here’s why your Spotify music might suddenly sound much better
Spotify is rolling out its long-awaited, high-quality “lossless” music streaming feature, which has already been available on competitors like Apple Music for years.
Spotify users slam ‘worst’ wrapped after long wait and lack of genre, album statistics
Some users compared Spotify Wrapped unfavorably to Apple Music’s replay feature, which shows users their top albums and genres, a feature Spotify did not include this year.
Alex Cooper’s ‘Call Her Daddy’ – Spotify’s 2nd-biggest podcast – bought in $100 million deal
Cooper’s podcast has ranked as the second-biggest on Spotify since 2021, only behind “The Joe Rogan Experience.”
Spotify stock pops 14% to 3-year high—races to first profitable year
The stock is on pace for its second-best day on Wall Street ever.
Spotify shares jump 5% ahead of subscription price hikes
The price hikes make Spotify’s subscription service more expensive than rival Apple Music.