Spotify Technology SA’s founders recently pocketed about $1 billion from selling the audio-streaming giant’s stock as they increasingly build up investments outside the company.

The Rise of Spotify and the Costs of the Perfect Playlist, a new book from the journalist Liz Pelly, the playlist is the ...

Spotify boss Daniel Ek (pictured) and co-founder Martin Lorentzon offloaded over 2.5m shares last year and have continued to ...

The audio-streaming stock's has been on a stellar run but now faces intense competition from the likes of Apple and Google ...

Entain shares jumped on Tuesday after the gambling company's BetMGM joint venture said it anticipated turning a profit this year. BetMGM has never recorded an annual profit since its founding in ...

Strong UK mobile and broadband sales ahead of Vodafone's mega-merger with ThreeUK helped offset a sharp slowdown in the group's key market of Germany at the end of 2024. The FTSE 100 firm ...

Wall Street raider Boaz Weinstein has suffered a stinging defeat after shareholders once again decisively rejected his plans to oust the boards of two investment trusts. Baillie Gifford US Growth ...

In the world of life sciences, deal flow often serves as a barometer for emerging trends. The recent acquisitions by pharmaceutical giants Johnson & Johnson and Bristol Myers Squibb, worth a ...

The UK is at risk of becoming an 'incubator economy' as homegrown AI and tech firms flee overseas, a report has found. A House of Lords committee said the UK faced weaker economic growth and a ...

EU rules left the investment trust sector vulnerable to assault from US corporate raider Saba Capital, a former pensions minister has warned. Baroness Ros Altmann said Saba boss Boaz Weinstein was ...

The car parts arm of GKN looks set to be sold to a US rival in a £1.2billion deal six years after Melrose’s hostile takeover of the British engineer. Dowlais, spun out of GKN in 2023, will be ...