Media

Spotify is planning further price increases, according to comments made by co-founder and CEO Daniel Ek during the company’s third quarter earnings on Thursday. The streaming service had added 6 million subscribers in Q3 to achieve a total 144 million paying customers across 320 million activ

In its latest quarterly financial report, Spotify announced that it had crossed 320 million active monthly users. That marks a 29% growth for the quarter, coming on the heels of what seems to be a rather successful launch into the Russian market. Of that number, it now counts 144 million paid users

Walmart over the years has been working to turn its physical retail stores into online fulfillment centers, and now, with its latest set of test stores announced today, the retailer will try out ideas to make that transition more seamless. Walmart says it will deploy personnel to four test stores a

Shopify stock jumped nearly 3% in pre-market trading today after announcing earnings that handily beat the estimates set by Wall Street. The Ottawa-based provider of e-commerce services for retailers reported earnings of $133.2 million, or $1.13 per-share, for the third quarter after posting a loss

If there was any doubt that yesterday’s flogging of big tech CEOs by Senate Republicans was anything other than an electioneering stunt, President Trump has thumped the point home by tweeting a video message to voters in which he bashes “big tech” as (maybe) too powerful but certa

One of the key side-effects of the COVID-19 pandemic has been how it has played out in the economy. There are currently 12.6 million people out of work in the U.S. alone, with estimates from the International Labour Organization noting that globally some 245 million full-time jobs have been impacte

Access to information in the United States is fragmenting along social lines. This goes beyond the fuzzy, qualitative feeling many of us have that people can't agree on key issues anymore — data show that people are increasingly breaking into disconnected ideological camps. While this is comm

The accelerated shift to e-commerce due to the pandemic will have a significant impact on U.S. online holiday sales, according to a new forecast from Adobe Analytics. Adobe Analytics predicts that U.S. online sales for the months of November and December 2020 will reach $189 billion, representing

True bills itself as the social networking app that will “protect your privacy.” But a security lapse left one of its servers exposed — and spilling private user data to the internet for anyone to find. The app was launched in 2017 by Hello Mobile, a little-known virtual cell carrier

The Utah Jazz, an NBA basketball team based in Salt Lake City, announced today that Qualtrics CEO and co-founder Ryan Smith was buying a majority stake in the team, along with other properties. ESPN is reporting the deal is worth $1.6 billion. Smith can afford it. He sold Qualtrics, which is based

Apple is today rolling out an update to its video creation app, Clips, which brings much-needed support for vertical videos, allowing for sharing to TikTok and the “Stories” feature in other social apps. The addition is one of several arriving with the release of Clips 3.0, which also i

Musicians have taken issue with Spotify's artist compensation for about as long as there's been a Spotify. Making a living as a musician is difficult enough for the vast majority of those who are brave — or perhaps foolish — enough to attempt such things, but being thrown in a seemingly

Audible, the Amazon-owned audiobook company, is further expanding into podcasts with the addition of approximately 100,000 podcasts (totaling 5 million episodes) to its service. The shows will be offered for free streaming to Audible members and non-subscribers alike, Audible says. Included in the

TikTok announced this morning it will expand the set of resources provided in its in-app election guide in the U.S. to include direct access to sites that help users get information about polling locations and hours, those that help people having voting difficulties and those offering other details