{
Daniel Ek

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Spotify CEO accuses Apple of failing to meet EU compliance standards

Spotify CEO Daniel Ek has criticized Apple for failing to comply with the EU’s Digital Markets Act, labeling the company's actions a “farce” and accusing it of delaying compliance. He contends that Apple's plans for alternative app stores still impose harmful fees on developers. The EU is expected to decide on Apple's compliance by the end of March, following a €1.8 billion fine last year related to restrictive App Store practices.
Tech in Asia
Euro BEL USA Daniel Ek Donald Trump Teresa Ribera Show more
Regulatory & Legal, News Article
04:15 27.02.2025

spotify stock soars to record highs after major business overhaul

Spotify's stock has surged to nearly $500, recovering from a low of under $80 at the end of 2022, following a significant business overhaul and a strategic pivot away from podcasts. The company is on track for its first full-year profitability, with a market cap soaring to about $100 billion from $15 billion two years ago. CEO Daniel Ek highlighted the company's improved gross margin, now at 31.1%, as evidence of strong execution and progress toward long-term goals.
Yahoo Finance
United States Dollar Spotify Technology S.A. SWE Prince Harry, Duke of Sussex Joe Rogan Kim Kardashian Daniel Ek Show more
Finance & Economy, Market Report
15:30 22.12.2024
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