📊Spotify Posts Record Profits After Strategic Cuts
Spotify achieved its most profitable quarter ever by streamlining operations through layoffs, reduced marketing expenses, and higher subscription prices – moves aimed at countering the post-pandemic subscriber growth slowdown.
📊Spotify Posts Record Profits After Strategic Cuts
Spotify achieved its most profitable quarter ever by streamlining operations through layoffs, reduced marketing expenses, and higher subscription prices – moves aimed at countering the post-pandemic subscriber growth slowdown.
The regulator said it has been undertaking several campaigns to educate the investors to be vigilant while taking investment decisions based on stock tips. The news also helped traders look past another report showing decades-high inflation and shake off some of the volatility from recent sessions. The Bureau of Labor Statistics' February Consumer Price Index (CPI) this week showed another surge in prices even before Russia escalated its attacks in Ukraine. The headline CPI — soaring 7.9% over last year — underscored the sticky inflationary pressures reverberating across the U.S. economy, with everything from groceries to rents and airline fares getting more expensive for everyday consumers. Andrey, a Russian entrepreneur living in Brazil who, fearing retaliation, asked that NPR not use his last name, said Telegram has become one of the few places Russians can access independent news about the war. Telegram was founded in 2013 by two Russian brothers, Nikolai and Pavel Durov.
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