Spotify acquires intelligent music engine The Echo Nest
It was announced yesterday that Spotify have finalised their latest acquisition – that of leading music intelligence provider The Echo Nest. For Spotify, it’s a critical one – meaning Spotify can dive...
View ArticleHere are the companies that raised the most capital in Sweden in 2015
2015 has been a record year in terms of venture capital. Breakit has created a list of the companies that raised the biggest amounts this year. Never before has so much money been invested in Swedish...
View ArticleHere’s how little Spotify makes on its free tier subscribers
New numbers might show the reason why Adele and Taylor Swift are boycotting the audio streaming service. For the last several years, the Swedish audio service Spotify has been widely criticized for its...
View ArticleTurbulence In Tidal Escalates As Yet Another Top Executive Is Fired
According to Breakit’s sources, Tidal CFO Chris Hart has been fired over a disagreement regarding how the company’s presents its user and streaming data. The company name may be Tidal, but the last...
View ArticleGender Equality Still Virtually Non-Existent At Tech Companies’ Boards of...
Tech companies are lagging behind when it comes to the number of women at the board. Klarna and Mathem are the least bad. The fact that the startup scene is dominated by men is hardly newsworthy...
View ArticleSecret Trading In Spotify Shares Revealed – Discounts Up To 30 %
Some people have gotten large discounts on Spotify shares over the last few weeks, and one of the largest shareholders writes down its shares. On tuesday evening, the news broke that Spotify has raised...
View ArticleSpotify-founders Threaten To Move From Sweden In Open Letter
Martin Lorentzon and Daniel Ek demands action from politicians – or else “thousands of Spotify jobs” will move to the U.S. In an open letter (in Swedish) titled “We have to act or be left in the dust”,...
View ArticleMass defections from Spotify’s highly praised HR-department
What’s it like to work in HR at Spotify? No fun at all, according numerous sources and leaked documents. From the outside, Spotify is an incredibly popular startup in Sweden. The company hires close to...
View ArticleHere Are Sweden’s Top 11 Tech IPO Candidates
Games, music and e-commerce – Here is Breakit’s list of hot Swedish startups which might be looking for an IPO in the near future. Boozt – According to Breakit’s sources, the e-retailer has engaged...
View ArticleTop Financial Analysts: Facebook Could Buy Spotify Next Year
Respected investment bank GP Bullhound is behind the report that posits the idea that an IPO may not be the only option for the Swedish music service. GP Bullhound runs several venture capital funds,...
View Article
