Sweden

Platform News: Spotify music streaming app based out of Sweden

Spotify quarterly revenue beats on paid users, ad rebound

Spotify Technology SA beat Wall Street estimates for second-quarter revenue, as the Swedish music streaming company reported a 20% jump in paid subscribers for its premium service ...

Platform News: Visa and Tink

Visa to buy Swedish FinTech Tink for $2.2 billion

Visa Inc said it had agreed a 1.8 billion euro (approximately $2.2 billion) takeover of European open banking platform Tink, months after it ditched a planned acquisition of the st...

Platform News: Spotify music streaming app based out of Sweden

Spotify shares fall after muted paid subscriber growth forecast

Shares of Spotify fell 8% in pre-market trading on Wednesday after its forecast of subdued current quarter paid subscriber numbers overshadowed upbeat first-quarter growth in count...

Huawei Technologies

Swedish court to hear Huawei’s case against 5G ban

A Swedish administrative court will start hearing arguments in a case filed by Huawei Technologies against the country’s telecom regulator for banning the Chinese company fro...

Platform News: Spotify music streaming app based out of Sweden

Spotify to launch in 85 new markets, reach more than a billion listeners

Spotify has said it would nearly double its market presence by launching in 85 new markets in the next few days, making the music streaming service available to more than a billion...

Platform News: Spotify music streaming app based out of Sweden

Spotify to allow employees to work from anywhere

The Swedish music streaming titan, Spotify Technology will allow its employees to work from anywhere, the company announced in a blog post late last week, further upending the futu...

Platform News: Spotify music streaming app based out of Sweden

Spotify outlook weakens as pandemic uncertainty persists

Spotify has forecast revenue and paid subscribers would miss Wall Street estimates this quarter due to growing uncertainty over how long the COVID-19 crisis would last.

Platform News: Spotify music streaming app based out of Sweden

Spotify finally launches its music streaming service in South Korea

Spotify Technology made its long-awaited debut in South Korea, which is the home of the popular K-pop scene and sixth largest market for popular music in the world earlier today.

Platform News: Google search engine team

Google’s global workforce to form a union alliance

Google employees from throughout the world are forming a marriage alliance, weeks after employees at the search engine giant along with other units of parent firm Alphabet formed a...

Platform News: Huawei Technologies

Sweden halts 5G auction after court grants relief to Huawei Technologies

Swedish telecoms regulator PTS on Monday halted 5G spectrum auctions following a court suspended elements of its own decision that had excluded Chinese telecom equipment manufactur...

Platform News: Huawei Technologies

Huawei Technologies appeals against 5G network ban in Sweden

Huawei has appealed against Sweden’s decision to exclude the Chinese telecoms equipment maker from 5G systems, the Swedish telecoms regulator PTS has stated.

Big Data

Folksam leak shares data of one million Swedes with tech giants

Sweden’s largest insurer, Folksam, accidentally leaked private data on about a million of its customers to a handful of the world’s biggest technology companies, it sai...

ZTE

China urges Sweden to reverse its Huawei and ZTE ban

Sweden needs to reverse its ban on Chinese telecommunications businesses Huawei Technologies and ZTE in a projected 5G spectrum auction to avoid a “negative impact” on ...

Platform News: Huawei Technologies

Sweden bans Huawei and ZTE from upcoming 5G networks

Sweden has banned telecoms gear from Huawei Technologies and ZTE within its own 5G community, linking other European nations that have restricted the use of Chinese providers on sa...

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