Search results for Helsing
AI & Enterprise
Spotify maintains growth amid AI policy controversy; focus on compensation model and feature expansion
Spotify is maintaining its dominance in the music streaming market despite controversy over artist compensation, management’s defence-industry investment and its AI policies. It has 293 million paid subscribers and 761 million monthly active users including free users. Disputes centre on payout structures, handling of AI-generated music and plans to expand AI features, including tools to create playlists and, under a Universal licence, AI-made remixes and covers offered as a premium add-on.
Industry
NATO, UK and Germany ramp up investment in drones and autonomous systems
Europe is rapidly shifting its security investment toward drones and autonomous systems. In recent weeks, NATO set out plans to strengthen counter-drone capabilities, while the UK earmarked billions of pounds for a drone programme and Germany moved to expand drone procurement for Ukraine. Companies tied to drone software and battlefield networks are also drawing attention. Funding has followed the trend, including a new valuation for defence technology startup Helsing.
Telecommunications & Media
Spotify raises U.S. premium subscription price again after last year
Spotify will raise its U.S. premium subscription price to $12.99 from $11.99, CNBC reported on Wednesday. The company previously increased prices to $10.99 in July 2023 and to $11.99 in June last year. The latest adjustment will also apply in countries including Estonia and Latvia, and will be reflected in bills starting in February. Existing users are expected to be notified by email.