Tech & Science Spotify’s free music service is reportedly getting an update

10:57  11 april  2018
10:57  11 april  2018 Source:   CNBC

Spotify's stock market debut strikes a chord with investors

  Spotify's stock market debut strikes a chord with investors Spotify's opening act on Wall Street struck a chord with investors betting the unprofitable company's trend-setting music streaming service will maintain its early lead over Apple and other powerful challengers. After several hours of anticipation Tuesday morning, Spotify's shares traded as high as $169 in their stock market debut before falling back slightly. The stock closed at $149.01 — well above its previous high of $132.50 in deals worked out during Spotify's 12-year history as a privately held company.

Spotify is reportedly planning to launch a free mobile music service . According to a new report by The Wall Street Journal, the Sweden-based company has reached licensing deals with all three of the global music companies to use their recordings. Newsletter. Get updates directly into your inbox.

Apple is Trying to Put Spotify ’ s Free Music Streaming Service Out of Business – Reports. Department of Justice is reportedly looking into Apple’s business practices related to the launch of its Getting the music labels to kill the freemium tiers from Spotify and others could put Apple in

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  • Recently-listed Spotify is simplifying its service, especially for mobile users, Bloomberg reported, citing unnamed sources.
  • Spotify leads the music streaming market with 71 million paying users as of December, compared to Apple Music's 36 million subscribers.
  • The company listed on the NYSE directly last week, meaning that no underwriters were involved and no new shares were issued.

Spotify is developing an updated version of its free music service, according to a report.

The recently-listed firm is simplifying its service, especially for mobile users, Bloomberg reported, citing unnamed sources. The new service would let mobile listeners access playlists faster and have increased control over the songs they hear on top playlists, the report said without offering more details.

Spotify might not have got this far without support from this Australian

  Spotify might not have got this far without support from this Australian The CEO of the "fifth" major has been a supporter of Spotify and streamingAfter months of conjecture and warnings, and countless hot takes, Spotify's much-discussed 'non-IPO' actually went off (almost) without a hitch.

Digital Music News is claiming that Spotify is coming under pressure from music labels to end its free , ad-supported service , limiting Warner is reportedly more cautious, feeling that the relatively small revenue from We’ve reached out to Spotify for comment and will update should we get a response.

If that music ends up trickling out to other services users can access for free , like YouTube, Spotify could UPDATE : Spotify sent along the following comment: "We are 100 percent committed to our model Apple will reportedly ditch Intel chips in Macs as early as 2020 Transition will likely start with

Spotify leads the music streaming market with 71 million paying users as of December, and 159 million active users, compared to Apple Music's 36 million subscribers. The Swedish start-up has never made a profit though, but has said it is prioritizing growth over becoming a profitable business.

Spotify's unusual debut on the New York Stock Exchange (NYSE) last week led to debate as to whether Wall Street would continue to lead the initial public offering (IPO) process. The company listed on the NYSE directly, meaning that no underwriters were involved and no new shares were issued.

Spotify was not immediately available when contacted for comment by CNBC. The company's stock was close to the flatline in extended hours trading.

Android P will finally be able to remember your Bluetooth headphone volume settings .
Android P is finally fixing its Bluetooth volume settings with an update that will allow the mobile OS to remember volume preferences on a device-by-device basis, according to Android Police.Now, Android will store the last volume used on each device in a preference file and automatically set back to that the next time you connect to that device. It’s not exactly a big change, but as someone who regularly switches between blasting music through a Bluetooth speaker and listening to music on a pair of headphones, it’ll be nice to not have my eardrums blown out every time I switch between the two devices.

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