Sweden
Spotify launches ‘Netflix Hub’ on its app to attract fans
Music streaming platform Spotify Technology has said it has introduced a new hub where fans can listen to all the official soundtracks, playlists and podcasts related to Netflix In...
Klarna launches ‘Pay Now’ service in US
Klarna has said it has launched its “Pay Now” service in the US to allow customers to pay immediately and in full at any online retailer where the Swedish financial tec...
Spotify to hire hundreds to drive ad sales in Europe, Australia, Canada
Spotify Technology is planning to hire hundreds of staff to boost its advertising sales in Europe and elsewhere, as the music streaming service looks to increase revenue from custo...
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 ...
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...
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...
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...
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...
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...
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.
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.
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...
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...
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.
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...
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