Spotify reports Q1 revenue up 14% YoY to €4.5B, MAUs up 12% YoY to 761M, above 759M est., Premium subscribers up 9% YoY to 293M, and a €715M operating income — Spotify Technology SA, the music streaming leader, added slightly more users than analysts' expected in the first quarter …
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Gartner: US states issued $3.45B in privacy-related fines to companies in 2025, a total larger than the last five years combined, driven by new privacy laws — The increase is being driven by powerful privacy laws in states like California, new interstate partnerships and a renewed focus on the privacy impacts of AI and automation.
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Australia unveils a draft News Bargaining Incentive scheme that imposes a 2.25% levy on local revenues for platforms; Meta says the government is “simply wrong” — Google also rejects need for reform after Albanese government reveals draft news bargaining incentive scheme
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Match Group invests $100M in Seattle-based Sniffies, a web-only platform for queer men with ~3M MAUs worldwide, paving the way for a possible acquisition — Match Group Inc., whose dating-app portfolio includes brands like Hinge, Tinder and Match.com, is investing $100 million in Sniffies …
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Q&A with Evan Spiegel on why distribution is the most important moat in consumer tech, investing in Specs, 2026 as a “crucible” moment for Snap, and more — Snap's co-founder on why only two consumer apps broke through in 15 years, how every major Snapchat feature was cloned …
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