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Spotify adds 5M premium users and hits record operating income

Spotify reported on Tuesday that its premium subscriber base grew by 5 million in the first quarter, representing a 12% increase year-over-year. This brings the total to 268 million, marking the second-highest total ever and the highest net addition of paid subs for a first quarter since 2020.  Spotify also reported a record-high quarterly operating … Read more

Chinese EV giant BYD expands in Europe with premium brand Denza launch

A BYD Denza Z9 GT electric car on display in Hong Kong in February 2025. Ucg | Universal Images Group | Getty Images BEIJING — Chinese electric car giant BYD is pushing ahead into Europe, launching its premium Denza brand in the region despite rising trade tensions. The first model, the Z9GT, is set to … Read more

GitHub Copilot introduces new limits, charges for ‘premium’ AI models

GitHub Copilot, Microsoft-owned GitHub’s AI coding assistant, could soon become costlier for some users. On Friday, GitHub announced “premium requests” for GitHub Copilot, a new system that imposes rate limits when users switch to AI models other than the base model for tasks such as “agentic” coding and multi-file edits. While GitHub Copilot subscribers can … Read more

Republic buys INX at 631% premium, gains U.S. trading licenses

In a bid to offer a comprehensive tokenization platform, Republic has acquired trading platform INX for $60 million.  The race toward asset tokenization is heating up. On April 3, private investment firm Republic announced the acquisition of INX Digital Company at a valuation of $60 million. The acquisition of INX and its trading platform will … Read more

NKE Q3 Call Highlights: Inventory Overhaul, Premium Push, and China Challenges!

Nike Inc., the world’s largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, in its Q3 earnings call discussed their strategic reset focused on clearing excess inventory through wholesale returns while elevating their marketplace to a full-price presentation. Management emphasized on their “Win Now” strategy, highlighting successful new product launches … Read more

How the ‘Musk premium’ influences Tesla’s worth

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Spotify says it’s fixing the bug that caused Premium users to hear ads

Spotify has acknowledged an issue that’s causing some of its paid Premium subscribers to encounter ads when trying to play music. In an X post published on Thursday by Spotify’s customer service account, the company said it’s looking into the problem and linked to its Community website where the issue has been documented by users … Read more

Strategy announces pricing of $2B debt issuance with 35% premium

Key Takeaways Strategy priced $2 billion in convertible senior notes due in 2030 with a 35% premium. The company holds 478,740 bitcoins with an average acquisition price of $65,033. Share this article Today, Strategy announced the pricing of $2 billion in convertible senior notes due in 2030, marking one of its largest bond issuances since … Read more

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