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As AI booms, EU lawmakers wrangle over new rules

FOCUS-As AI booms, EU lawmakers wrangle over new rules By Supantha Mukherjee and Martin Coulter STOCKHOLM/LONDON, March 22 (Reuters) - Rapid technological advances such as the ChatGPT generative artificial intelligence (AI) app are complicating efforts by European Union lawmakers to agree on landmark AI laws , sources with direct knowledge of the matter have told Reuters.
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China's Tencent Music posts declining quarterly revenue but beats estimates

UPDATE 2-China's Tencent Music posts declining quarterly revenue but beats estimates Adds details from earnings call By Josh Ye and Eva Mathews March 21 (Reuters) - Tencent Music Entertainment Group TME.N reported its fifth consecutive quarter marked by declining revenue on Tuesday but continued growth in paying users and a recovery in advertising helped it beat analysts' estimate.
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Spotify listeners cross half a billion mark

UPDATE 1-Spotify listeners cross half a billion mark Adds details on music royalties report March 8 (Reuters) - Spotify Technology SA SPOT.N said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and music playlists on its audio streaming platform, as it crossed 500 million in monthly active listeners. The Swedish company, which has invested heavily in building up its podcast and audiobooks business in recent years in a bid to attract users and advertisers,
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Spotify listeners cross half a billion mark

Spotify listeners cross half a billion mark March 8 (Reuters) - Spotify Technology SA SPOT.N said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and music playlists on its audio streaming platform, as it crossed 500 million in monthly active listeners. The Swedish company, which has invested heavily in building up its podcast and audiobooks business in recent years in a bid to attract users and advertisers, announced the "new re-imagined user interface" a
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Radio company SiriusXM cuts workforce by 8%

Radio company SiriusXM cuts workforce by 8% March 6 (Reuters) - SiriusXM Holdings Inc SIRI.O on Monday said it would lay off 8% of its workforce , or about 475 employees, as the satellite radio firm takes a hit from slow subscriber growth . In February, the owner of podcast platform Stitcher had said it expects to lose subscribers this year as consumers brace for a recession.
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