Recent Posts

Spotify Paid $120 Million to Acquire an Audiobook Platform

We now know how much Spotify paid to acquire Findaway, an audio streaming platform that allows users to create and distribute their own audiobooks: €117 million, or $123 million, according to an updated SEC filing regarding the acquisition last November. The acquisition marks the music streaming giant’s ambitions to become the world’s leading audio platform, bringing music, podcast and audiobook streaming under one roof. …

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Apple’s iPhone Is Powering Through the Slowing Economy

What’s happening Apple said demand for its phones continues to grow, despite the uncertain economy. Why it matters The tech giant’s comments are starkly different from Facebook parent Meta and Google parent Alphabet, which both reported surprise drops in ad sales. What’s next Apple says it’s upbeat about 5G wireless and continuing demand from people upgrading their devices. Over the …

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