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Spotify Technology SA <SPOT.N> expected to post earnings of €1.06 a share - Earnings Preview

Spotify Technology SA expected to post earnings of €1.06 a share - Earnings Preview Spotify Technology SA SPOT.N , SPOT.K is expected to show a rise in quarterly revenue when it reports results on July 23 for the period ending June 30 2024 The Luxembourg Luxembourg-based company is expected to report a 20.0% increase in revenue to €3.812 billion from €3.18 billion a year ago, according to the mean estimate from 23 analysts, based on LSEG data.The company's guidance on April 23 2024, for th
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Major tech outages in recent years

FACTBOX-Major tech outages in recent years July 19 (Reuters) - A global tech outage was disrupting operations across multiple industries on Friday, with airlines halting flights, some broadcasters off air and services from banking to healthcare hit by system problems. Cybersecurity firm Crowdstrike CRWD.O said it was working with customers impacted by a defect found in a single content update for Microsoft MSFT.O Windows hosts.
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France's Ubisoft tops guidance for Q1 net bookings on strong GaaS engagement

CORRECTED-France's Ubisoft tops guidance for Q1 net bookings on strong GaaS engagement Corrects July 18 story to say Ubisoft beat its own forecast but missed consensus for net bookings in headline and paragraphs 1 and 4; removes extraneous words in paragraphs 5 and 9 July 18 (Reuters) - French video game maker Ubisoft UBI.PA reported first-quarter net bookings above its own forecast on Thursday, citing robust engagement metrics driven by its Game-as-a-Service (GaaS) franchises.
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with Italy's antitrust probe into Google July 15 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest move, Italy's antitrust agency launched an investigation into Alphabet's GOOGL.O Google over alleged unfair commercial practices involving users' personal data.
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K-pop group NMIXX break fresh ground, tease new music

K-pop group NMIXX break fresh ground, tease new music By Hanna Rantala and Natasha Mulenga LONDON, July 15 (Reuters) - Performing with a live band gave South Korean girl group NMIXX new means to connect with audiences as they brought their "mix pop" sound to the British Summer Time (BST) Hyde Park Festival in London on Sunday. The main stage performance marked a first for the six-piece, which is made up of members Haewon, Lily, Sullyoon, BAE, Jiwoo and Kyujin.
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with latest on France's investigation in Nvidia July 15 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest move, the French antitrust regulator confirmed it was investigating Nvidia NVDA.O for allegedly anti-competitive practices. Here are some of the actions taken by European watchdogs against big technology companies: EUROPEAN UNION Apple AAPL.O will open its tap-and-go mobile payments system
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Wall Street Journal - July 12

PRESS DIGEST - Wall Street Journal - July 12 July 12 (Reuters) - Following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Discount store operator Dollar General DG.N has agreed to pay $12 million in penalty for alleged safety violations that led to blocked exits and fire extinguishers and unsafe storage, the U.S.
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'Armchair Expert' podcast host Dax Shepard signs $80 mln deal with Amazon - WSJ

MEDIA-'Armchair Expert' podcast host Dax Shepard signs $80 mln deal with Amazon - WSJ -- Source link: https://tinyurl.com/28ptfzcp -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Spotify ticks up after Jefferies upgrades firm to 'buy' on revenue, margin potential

BUZZ-Spotify ticks up after Jefferies upgrades firm to 'buy' on revenue, margin potential ** Shares of music streaming service Spotify SPOT.N rise ~1% to $308.80 premarket after brokerage Jefferies raises rating to "buy" from "hold" ** Brokerage says it is increasingly confident in SPOT's ability to comfortably deliver sustainable revenue growth of more than 15% over the next 3 years ** "...music is about to undergo a multi-year repricing.
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Apple lets rivals use tap-and-go payments as EU's Vestager warns on tech charges

UPDATE 2-Apple lets rivals use tap-and-go payments as EU's Vestager warns on tech charges Recasts paragraph 1 with EU antitrust chief comments from press conference, adds Vipps MobilePay comment in paragraph 12 By Foo Yun Chee BRUSSELS, July 11 (Reuters) - Apple AAPL.O will open its tap-and-go mobile payments system to rivals, EU antitrust regulator said on Thursday, even as its chief Margrethe Vestager said the iPhone maker has yet to change its business practices to comply with landmark tech r
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with latest on Apple tap-and-go mobile payments, Microsoft giving up seat at OpenAI July 11 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest move to stave off EU antitrust fines, Apple AAPL.O agreed to open its tap-and-go mobile payments system to rivals.
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Apple to let rivals use tap-and-go payment, staves off EU antitrust fine

REFILE-UPDATE 1-Apple to let rivals use tap-and-go payment, staves off EU antitrust fine Corrects typo in headline By Foo Yun Chee BRUSSELS, July 11 (Reuters) - Apple AAPL.O will open its tap-and-go mobile payments system to rivals, EU antitrust regulators said on Thursday, ending a four-year long investigation that could have resulted in a hefty fine for the iPhone maker.
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Ubisoft offers 50% upside with game pipeline, subscription model, says Jefferies

BUZZ-Ubisoft offers 50% upside with game pipeline, subscription model, says Jefferies ** "Subscribe to this 50% upside," Jefferies says as it upgrades Ubisoft UBIP.PA to " buy " from "underperform", citing a mix of game pipeline, push for a subscription model, expectation of FCF inflation, and low valuation ** "We see multiple catalysts ahead to tr
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with EU request to Amazon for information under DSA July 5 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest move, the European Commission asked Amazon AMZN.O for more information on its compliance with the Digital Services Act (DSA), which requires Big Tech players to do more to tackle illegal and harmful content on their platforms.
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with France's expected charges against Nvidia July 2 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest moves, the EU antitrust authority charged Meta META.O and Apple AAPL.O of breaching its Digital Markets Act (DMA) and Microsoft MSFT.O of illegally tying its Office and Teams products.
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with EU charges against Meta July 1 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest moves, the EU antitrust authority charged Meta META.O and Apple AAPL.O of breaching its Digital Markets Act (DMA) and Microsoft MSFT.O of illegally tying its Office and Teams products.
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with FT report on possible EU charges to Meta July 1 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest moves, the EU antitrust authority charged Apple AAPL.O of breaching its Digital Markets Act (DMA) and Microsoft MSFT.O of illegally tying its Office and Teams products.
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with EU charges against Microsoft June 25 (Reuters) - European regulators have launched a series of probes into Big Tech. In the latest moves, the EU antitrust authority charged Apple AAPL.O of breaching its Digital Markets Act (DMA) and Microsoft MSFT.O of illegally tying its Office and Teams products.
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European regulators crack down on Big Tech

FACTBOX-European regulators crack down on Big Tech Updates with EU charges and new probe into Apple June 24 (Reuters) - European regulators have launched a series of probes into Big Tech. In a latest move, the European Commission charged that Apple AAPL.O breached EU tech rules, known as the Digital Markets Act (DMA), and announced a new probe into the iPhone maker's contractual terms.
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Spotify launches new basic streaming plan in US

Spotify launches new basic streaming plan in US June 21 (Reuters) - Spotify SPOT.N introduced a new streaming plan for users in the United States on Friday, after raising prices for its premium plans earlier this month. The new basic plan will start at $10.99 per month for eligible users. It will have the streaming benefits of a premium plan, but no monthly audiobook listening time.
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