Music streaming company Spotify said Wednesday it has gotten a new investment from a Nordic telecoms company as it looks to compete globally, particularly with a rival service that Apple is due to launch this month.
The leader of German electronic music pioneers Kraftwerk has sued a company for dubbing its new electric smartphone charger with the same name as the band.
US rap star Jay Z will make a $56-million foray into the music streaming business by taking over the Norwegian service Wimp, its shareholders confirmed Friday.
Apple has purchased the startup Semetric, gaining music analytics and other valuable data gathered by the British company.
Shazam has closed a $30 million round of funding that values the music app at more than $1 billion.
Swedish music streaming service Spotify said it now has 15 million paying subscribers in what analysts on Tuesday called a timely boost to the company's revolutionary and controversial model.
The world's biggest music streaming service, Spotify, announced Tuesday its revenue grew by 74 percent in 2013 while net losses shrank by one third, in a year of spectacular expansion.
Spotify, the world's largest online music streaming service, plans to boost its staff numbers by a third, its co-founder and chief executive said Tuesday amid increasing competition from other technology companies.
Apple's $3 billion purchase of headphone maker and streaming music company Beats Electronics sheds light on a rarely recognized reality in the music streaming industry: It's hard to succeed in the business without offering ...
Music streaming giant Spotify says it now has 10 million paying subscribers worldwide.