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Spotify

Spotify hikes fees for subscribers

The music streaming service revealed to fans this morning the price of its premium subscriber package will be increased from September, now costing users $13 per month.

Spotify to cut six per cent of workforce

Spotify said on Monday that it will cut 6 per cent of its workforce to reduce costs, joining tech companies including Amazon and Microsoft in slashing headcount as the global economy slows.

Spotify's stock nosedives on Wall Street

Spotify's stock has plunged in after-hours trading on the New York Stock Exchange, dropping up to a value-busting 22 per cent after posting its fourth quarter earnings.