Daniel Ek

Spotify Technology SA (NYSE:SPOT) CEO Daniel Ek has positioned his investment firm at the forefront of Europe’s defense tech boom, leading a €600 million ($690 million) Series D funding round in AI-powered military startup Helsing. What Happened: Prima Materia, Ek’s investment vehicle,...

On Tuesday, Spotify Technologies (NYSE:SPOT) defended its $11.99 Premium plan while signaling that future price hikes could be part of its long-term strategy. What Happened: During Spotify’s first-quarter 2025 earnings call, executives were asked why the platform hasn't raised its price more...

On Thursday, Cathie Wood’s Ark Invest made a significant trade involving Spotify Technology SA (NYSE:SPOT). The SPOT Trade Ark Invest’s decision to trade Spotify’s shares comes amidst a turbulent time for the music streaming giant. Spotify has recently faced stiff competition from...

Spotify Inc. (NYSE:SPOT) co-founder Daniel Ek's body scanning startup has reportedly raised $260 million, bringing its valuation to $1.7 billion. What Happened: The investment, spearheaded by Lightspeed Venture Partners, is intended to facilitate Neko Health’s growth into new markets,...

Spotify Technology SA (NYSE:SPOT) executives and board members have capitalized on the company’s remarkable stock performance in 2024, selling $1.25 billion worth of shares as the streaming giant’s market value approaches $100 billion. What Happened: Co-founders Daniel Ek and Martin...

Tesla and SpaceX CEO Elon Musk has expressed his appreciation for the growth of Spotify Inc. (NYSE:SPOT) in the audiobook industry. What Happened: On Tuesday, Spotify CEO Daniel Ek took to X, formerly Twitter, and provided an update on the platform’s audiobook feature,...

Spotify Inc. (NYSE:SPOT) CEO Daniel Ek said he has chosen to steer clear of competing in sports with his long-time friend and Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg. What Happened: During a conversation on Acquired Podcast that was posted on YouTube on Monday, Ek was...

In Tuesday’s second-quarter earnings call, Spotify Technology SA‘s (NYSE:SPOT) CEO Daniel Ek and interim CFO Ben Kung hinted at the possibility of future price increases, despite not providing a concrete timeline. This comes on the heels of substantial hikes in 2023 and 2024, where the...

Patrick Bet-David, a prominent entrepreneur and PBD podcast host expressed strong views on the major role played by capitalists like Elon Musk and Spotify’s Daniel Ek have played in safeguarding freedom of speech online. What Happened: In a recent show on Tucker Carlson’s podcast, Bet-...

Spotify Technology SA (NYSE:SPOT) has leveled accusations against Apple Inc. (NASDAQ:AAPL) for allegedly subverting the goals of the European Union's Digital Markets Act (DMA) through its proposed "Alternative App Store" changes. What Happened: Spotify has been calling on the European Commission to...

Spotify’s (NYSE:SPOT) CEO, Daniel Ek revealed a major restructuring plan for the company which will result in a workforce reduction of around 17%. What Happened: The announcement came to light earlier today when Ek issued a note to all employees. Ek stressed that for Spotify to grow as a...

Spotify Technology SA (NYSE:SPOT) introduced a new feature for its Premium subscribers on Tuesday, offering access to up to 15 hours of audiobooks each month from a wide selection of titles, including popular works such as Elon Musk’s biography written by Walter Isaacson...

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg is on the cusp of turning 40, and he’s on a journey of transformation that draws inspiration from tech titan and billionaire philanthropist Bill Gates. In an in-depth interview with Forbes, Zuckerberg...

Late Swedish DJ and producer Tim Bergling, also known as Avicii, has achieved a historic feat with his globally acclaimed hit single, “Wake Me Up.” What Happened: Avicii has etched his name in history as the first-ever Swedish musician to shatter the 2 billion streams...

Elon Musk and Jack Dorsey have joined forces in a stand against Apple Inc.’s (NASDAQ:AAPL) threat to ban Damus, a decentralized social messaging app backed by the Twitter co-founder.  What Happened: On Tuesday, the team behind Damus...