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Spotify CEO Ek says he's 'unhappy' with ads business as stock falls 9% on weak guidance

cnbc.com Samantha Subin 2025-12-23 05:54:42

The company expects revenues to reach 4.2 billion euros, compared to a 4.47 billion euro estimate from StreetAccount. Spotify said the forecast accounts for a 490-basis-point headwind due to foreign exchange rates. Spotify said that higher personnel, marketing and professional services costs and 115 million euros worth of what it called social charges contributed to the results. The Swedish platform's revenues rose 10% from about 3.81 billion euros in the year-ago period. The company posted a

Topics: euros million said spotify year

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Spotify CEO Ek says he's 'unhappy' with ads business as stock falls 8% on weak guidance

cnbc.com Samantha Subin 2025-12-23 10:44:25

Spotify shares dropped more than 8% before the bell Tuesday after the music streaming service fell short of Wall Street's expectations and posted weak guidance for the current quarter. Here's how the company did versus LSEG estimates: Loss: Loss of .42 euros vs earnings of 1.90 euros per share expected Loss of .42 euros vs earnings of 1.90 euros per share expected Revenue: 4.19 billion euros vs. 4.26 billion expected The Swedish platform's revenues rose 10% from about 3.81 billion euros in t

Topics: billion euros expected loss share

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Spotify stock falls 7% on revenue miss, lackluster guidance

cnbc.com Samantha Subin 2025-12-23 15:30:53

Spotify shares dropped more than 7% before the bell Tuesday after the music streaming service fell short of Wall Street's expectations and posted weak guidance for the current quarter. Here's how the company did versus LSEG estimates: Loss: Loss of .42 euros vs earnings of 1.90 euros per share expected Loss of .42 euros vs earnings of 1.90 euros per share expected Revenue: 4.19 billion euros vs. 4.26 billion expected The Swedish platform's revenues rose 10% from about 3.81 billion euros in t

Topics: billion euros expected loss share

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This founder left Silicon Valley to challenge U.S. defense supremacy from Athens, and investors are paying attention

techcrunch.com Connie Loizos 2025-12-23 15:05:34

In the summer of 2021, Dimitrious Kottas made a move that would be unfathomable to most Silicon Valley engineers: after leaving his coveted position at Apple’s Special Projects Group, he packed up his life in California and moved back to Athens to start a defense company. Three and a half years later, his startup, Delian Alliance Industries, has set up solar-powered surveillance towers that monitor some of Greece’s borders around the clock and detect wildfires on remote islands, along with a pi

Topics: defense delian european kottas tech

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Spotify stock falls on revenue miss, lackluster guidance

cnbc.com Samantha Subin 2025-12-24 02:30:26

Spotify shares dropped about 4% Tuesday after the music streaming platform fell short of Wall Street's expectations and posted weak guidance for the current quarter. Here's how the company did versus LSEG estimates: Loss: Loss of .42 euros vs earnings of 1.90 euros per share expected Loss of .42 euros vs earnings of 1.90 euros per share expected Revenue: 4.19 billion euros vs. 4.26 billion expected The Sweden-based music platform's revenues rose 10% from about 3.81 billion euros in the year-

Topics: billion euros expected loss share

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The rise and fall of the Hanseatic League

news.ycombinator.com Agree Ahmed 2025-12-22 11:36:04

Today, we typically think of coalitions in the context of modern electoral politics. So it might be surprising that one of the greatest case studies in the history of coalitions is a community of medieval German merchants known as the Hansa. Starting as individual traveling traders, the Hansa built up coalitions for collective bargaining, collective action, and collective security. Through this process, they formed Northern Europe’s first ever long-distance trade network. Without corporate str

Topics: europe hansa merchants towns trade

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The Rise and Fall of the Hanseatic League

news.ycombinator.com Agree Ahmed 2025-12-22 17:36:04

Today, we typically think of coalitions in the context of modern electoral politics. So it might be surprising that one of the greatest case studies in the history of coalitions is a community of medieval German merchants known as the Hansa. Starting as individual traveling traders, the Hansa built up coalitions for collective bargaining, collective action, and collective security. Through this process, they formed Northern Europe’s first ever long-distance trade network. Without corporate str

Topics: europe hansa merchants towns trade

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60 Italian Mayors Want to Be the Unlikely Solution to Self-Driving Cars in Europe

wired.com Antonio Dini 2025-12-26 10:00:00

The future of self-driving cars in Italy it seems needs not only technology but also (possibly above all) political backing. The good news, then, is that more than 60 mayors in Italy have decided to take the field for the cars of the future. On July 14, in the hall of the MEET Digital Culture Center in Milan, Pierfrancesco Maran, a member of the European Parliament for the Italian Democratic Party, launched the Autonomous Driving: Italy in the Front Row initiative, which has backing from admini

Topics: autonomous china driving europe italy

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Estonia's tech elite are getting behind a European challenger to Robinhood

cnbc.com Ryan Browne 2026-01-01 00:13:19

Some of the biggest names of Estonia's tech scene are backing Lightyear, a startup looking to become Europe's answer to commission-free trading pioneer Robinhood . Based in London, Lightyear develops an app that lets users invest in a range of over 5,000 stocks, exchange-traded funds and money market funds. It was founded by two former Wise employees, Martin Sokk and Mihkel Aamer, in 2021. The company is set to announce later on Thursday that it has raised $23 million in a new round of funding

Topics: estonia europe investors lightyear million

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Newly Discovered Gut ‘Sense’ Could Change How We Think About Hunger and Health

gizmodo.com Ed Cara 2026-01-02 20:30:39

There really is something to the concept of having a gut feeling. New research out today suggests our bodies can directly sense and communicate with the many bacteria lining our digestive tract. Scientists at Duke University led the study, published Wednesday in Nature. They found that nerve cells can respond in real time to bacterial signals from the gut—including signals that tell us to curb our appetite. The findings suggest the relationship we have with our microbial neighbors is even more

Topics: bacteria cells gut neuropods sense

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European authorities arrest alleged admin of notorious Russian crime forum XSS

techcrunch.com Zack Whittaker 2026-01-02 20:45:38

In Brief European officials have confirmed the arrest of the alleged administrator behind XSS.is, one of the longest-running Russian-language cybercrime forums. Per Europol, the alleged administrator was arrested in Ukraine on Tuesday. A law enforcement notice on XSS now reads: “This domain has been seized.” According to a statement by prosecutors in Paris, French authorities obtained a court order to conduct surveillance on a Jabber server used by the administrator for instant messaging. The

Topics: administrator alleged cybercrime data europol

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Elon Musk-Founded Brain Implant Startup Says It’s a ‘Disadvantaged’ Business Despite Being Worth $9 Billion

gizmodo.com Lucas Ropek 2026-01-07 05:45:58

Elon Musk, the rightwing culture warrior waging a “civilization-saving” battle against the “woke mind virus,” apparently isn’t above taking advantage of diversity, equity, and inclusion (DEI) programs when it serves his business purposes. Neuralink, the $9 billion brain implant startup that Musk founded, recently characterized itself as a “small disadvantaged business” in a federal filing with the Small Business Administration. The SBA website notes that Neuralink attested in its filings that i

Topics: company disadvantaged federal musk neuralink

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Digital vassals? French Government ‘exposes citizens’ data to US'

news.ycombinator.com Anne-Laure Dufeal 2026-01-08 12:26:09

France’s deepening reliance on US tech giants is raising alarms about digital sovereignty and exposing public data to foreign jurisdictions. In a French Senate report on economic and digital sovereignty, Senators accused the French State of “political fault”. That was in regard to outsourcing essential data infrastructure to US companies subject to US extraterritorial laws, including Microsoft, despite repeated warnings and alternatives. “France is subject to US extraterritorial law,” the repo

Topics: data eu european french report

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Digital vassals? French Government 'exposes citizens' data to US'

news.ycombinator.com Anne-Laure Dufeal 2026-01-09 00:26:09

France’s deepening reliance on US tech giants is raising alarms about digital sovereignty and exposing public data to foreign jurisdictions. In a French Senate report on economic and digital sovereignty, Senators accused the French State of “political fault”. That was in regard to outsourcing essential data infrastructure to US companies subject to US extraterritorial laws, including Microsoft, despite repeated warnings and alternatives. “France is subject to US extraterritorial law,” the repo

Topics: data eu european french report

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Piramidal (YC W24) is hiring a full stack engineer

news.ycombinator.com Unknown 2026-01-08 15:00:23

We are looking for a software engineer to help us enable interactions and automations with Piramidal’s newest technologies. We value proactive, customer-centric engineers who prioritize foundational details (data models, architecture, security) to enable excellent products. In this role you will: Build and maintain the infrastructure and backend systems for our flagship platform focused on neural data. Collaborate closely with ML engineers to iterate on applying our latest models. and Work w

Topics: data enable neural proficiency technologies

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Meta says it won’t sign Europe AI agreement, calling it an overreach

news.ycombinator.com Samantha Subin 2026-01-08 04:56:37

Meta Platforms declined to sign the European Union's artificial intelligence code of practice because it is an overreach that will "stunt" companies, according to global affairs chief Joel Kaplan. "Europe is heading down the wrong path on AI," Kaplan wrote in a post Friday on LinkedIn. "This code introduces a number of legal uncertainties for model developers, as well as measures which go far beyond the scope of the AI Act." Last week, the European Commission, the executive body of the EU, pub

Topics: act ai code companies european

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Meta says it won't sign the EU's AI code of practice

engadget.com Unknown 2026-01-08 12:01:32

Meta said on Friday that it won't sign the European Union's new AI code of practice. The guidelines provide a framework for the EU's AI Act, which regulates companies operating in the European Union. The EU's code of practice is voluntary, so Meta was under no legal obligation to sign it. Yet Meta's Chief Global Affairs Officer, Joel Kaplan, made a point to publicly knock the guidelines on Friday. He described the code as "over-reach." "Europe is heading down the wrong path on AI," Kaplan post

Topics: act ai code european meta

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Meta says it wont sign Europe AI agreement, calling it growth stunting overreach

news.ycombinator.com Samantha Subin 2026-01-10 04:56:37

Meta Platforms declined to sign the European Union's artificial intelligence code of practice because it is an overreach that will "stunt" companies, according to global affairs chief Joel Kaplan. "Europe is heading down the wrong path on AI," Kaplan wrote in a post Friday on LinkedIn. "This code introduces a number of legal uncertainties for model developers, as well as measures which go far beyond the scope of the AI Act." Last week, the European Commission, the executive body of the EU, pub

Topics: act ai code companies european

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Meta says it won't sign Europe AI agreement, calling it an overreach that will stunt growth

cnbc.com Samantha Subin 2026-01-10 20:22:52

Meta Platforms declined to sign the European Union's artificial intelligence code of practice because it is an overreach that will "stunt" companies, according to global affairs chief Joel Kaplan. "Europe is heading down the wrong path on AI," Kaplan wrote in a post on LinkedIn Friday. "This code introduces a number of legal uncertainties for model developers, as well as measures which go far beyond the scope of the AI Act." Last week, the European Commission published a final iteration of its

Topics: act ai code european kaplan

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Rocket Report: SpaceX won’t land at Johnston Atoll; new North Sea launch site

arstechnica.com Unknown 2026-01-11 21:15:11

Welcome to Edition 8.03 of the Rocket Report! We are at an interesting stage in Europe, with its efforts to commercialize spaceflight. Finally, it seems the long-slumbering continent is waking up to the need to leverage private capital to drive down the costs of space access, and we are seeing more investment flow into European companies. But it is critical that European policymakers make strategic investments across the industry or companies like PLD Space, which outlined big plans this week, w

Topics: avio european italy launch space

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Elon Musk's Neuralink filed as 'disadvantaged business' before being valued at $9 billion

cnbc.com Lora Kolodny 2026-01-11 20:07:50

Elon Musk's health tech company Neuralink labeled itself a "small disadvantaged business" in a federal filing with the U.S. Small Business Administration, shortly before a financing round valued the company at $9 billion. Neuralink is developing a brain-computer interface (BCI) system, with an initial aim to help people with severe paralysis regain some independence. BCI technology broadly can translate a person's brain signals into commands that allow them to manipulate external technologies j

Topics: company disadvantaged doge musk neuralink

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ASML shares drop 11% after the chip giant says it can't confirm that it will grow in 2026

cnbc.com Arjun Kharpal 2026-01-16 10:53:08

ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter. ASML's guidance for the current quarter missed expectations while it narrowed its own forecast for the rest of the year. Shares of the firm ended the day 11.4% lower. Like many companies in the semiconductor industry, ASML has been grappling with uncertainty created by U.S. tariff policy. The company forecast third-quarter revenue of between 7.4 billion eu

Topics: 2026 asml billion euros expectations

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ASML shares drop 6.5% after the chip giant says it can't confirm that it will grow in 2026

cnbc.com Arjun Kharpal 2026-01-17 12:12:38

An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter. ASML's guidance for the current quarter missed expectations while it narrowed its own forecast for the rest of the year. Shares of ASML dropped 6.5% in early trading, shortly after European markets opened. Like many companies in the semiconductor industry, ASML has

Topics: 2026 asml billion euros growth

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Sony phones are disappearing across key markets: Is the Xperia era coming to an end?

androidauthority.com Unknown 2026-01-20 09:55:47

Alex Walker-Todd / Android Authority TL;DR Sony may be on the verge of completely exiting the European market. The company has already confirmed a full retreat from Finland, but its devices are no longer available through official channels in multiple European countries. Sony’s smartphone presence looks just as weak outside of Europe, with the mobile phone category completely wiped off from its US website. Sony may be heading toward a full retreat from the smartphone market, with clear signs

Topics: europe market smartphone sony xperia

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Rocket Lab stock jumps nearly 11%, building on strong rally

cnbc.com Samantha Subin 2026-01-21 00:07:48

An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023. Rocket Lab stock soared nearly 11% Monday, building on a strong run fueled by space innovation. Shares of the space infrastructure company have nearly doubled over the past two months following a slew of successful launches and a deal with the European Union. The stock is up 63% year to date after surging nearly sixfold in 2024. Shares have skyrocketed nearly 70% over the last month. Last month, Rocket

Topics: european lab nearly rocket space

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Musk's xAI faces European scrutiny over Grok's 'horrific' antisemitic posts

cnbc.com Lora Kolodny 2026-01-21 04:54:00

The Grok logo is being displayed on a smartphone with Xai visible in the background in this photo illustration on April 1, 2024. The European Union on Monday called in representatives from Elon Musk's xAI after the company's social network X, and chatbot Grok, generated and spread anti-semitic hate speech, including praise for Adolf Hitler, last week. A spokesperson for the European Commission told CNBC via e-mail that a technical meeting will take place on Tuesday. xAI did not immediately re

Topics: commission dsa european gozi xai

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Xbox Ally Gaming Handheld Price Could Be Higher Than Expected, Leak Suggests

cnet.com See Full Bio 2026-01-21 04:21:00

The ROG Xbox Ally handheld gaming device from Asus and Microsoft debuted last month, and there were a lot of questions about the new portable. The big question about price might have been answered by a leak, and it looks like this handheld won't be cheap. A Google search screenshot showed a listing for the Xbox Ally and upgraded Ally X at 599 and 899 euros, as first spotted by Spanish gaming site 3DJuegos on Sunday and reported by Insider Gaming. This would put the Xbox Ally at approximately $7

Topics: ally euros handheld price xbox

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The U.S. and EU Are Fighting Over Who Controls Big Tech

gizmodo.com Ece Yildirim 2026-01-22 17:27:46

President Trump just slapped 30% tariffs on goods coming from the European Union, escalating a long-simmering conflict over who gets to write the rules for Big Tech. The move came just after Brussels moved forward with more regulations, this time targeting the booming field of artificial intelligence. The latest flashpoint is the EU’s new “Code of Practice” for AI, a set of voluntary guidelines released Thursday aimed at addressing public safety concerns. While not legally binding, the code bui

Topics: digital eu european tech trump

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Reading Neuromancer for the first time in 2025

news.ycombinator.com James Bareham 2026-01-22 16:48:44

Chiba City Greens | Illustration: James Bareham/MBH4H I have a confession: Until I started working at The Verge in 2016, I’d never heard of Neuromancer. I was, of course, familiar with many of Neuromancer’s themes: Cyberpunk and cyberspace, computer hacking, corporate espionage, cybernetic enhancements, virtual reality, artificial intelligence, and near-future worlds populated with leather jacket-wearing murderous street punks. I just didn’t know how many of these modern science fiction tropes

Topics: blade cyberpunk gibson neuromancer read

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Dépanneurs

news.ycombinator.com Unknown 2026-01-19 05:22:17

Walk Montreal is a joint effort between C & D. And we have both walked many a streets on the island of Montreal, discovering awesome neighbourhoods, beautiful buildings and friendly people. But, it seems that whatever neighbourhood we are in, we always ask each other a similar question; “Is there a dep around here?”….What is a dep you may ask….well, a dep is slang for Dépanneur. And a Dépanneur is a corner convenience store that sells milk, bread, cold drinks, beer, wine, lotto tickets, cigarett

Topics: beer cigarettes dep dépanneur store

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Latest Tech News

Spotify CEO Ek says he's 'unhappy' with ads business as stock falls 9% on weak guidance

Spotify CEO Ek says he's 'unhappy' with ads business as stock falls 8% on weak guidance

Spotify stock falls 7% on revenue miss, lackluster guidance

This founder left Silicon Valley to challenge U.S. defense supremacy from Athens, and investors are paying attention

Spotify stock falls on revenue miss, lackluster guidance

The rise and fall of the Hanseatic League

The Rise and Fall of the Hanseatic League

60 Italian Mayors Want to Be the Unlikely Solution to Self-Driving Cars in Europe

Estonia's tech elite are getting behind a European challenger to Robinhood

Newly Discovered Gut ‘Sense’ Could Change How We Think About Hunger and Health

European authorities arrest alleged admin of notorious Russian crime forum XSS

Elon Musk-Founded Brain Implant Startup Says It’s a ‘Disadvantaged’ Business Despite Being Worth $9 Billion

Digital vassals? French Government ‘exposes citizens’ data to US'

Digital vassals? French Government 'exposes citizens' data to US'

Piramidal (YC W24) is hiring a full stack engineer

Meta says it won’t sign Europe AI agreement, calling it an overreach

Meta says it won't sign the EU's AI code of practice

Meta says it wont sign Europe AI agreement, calling it growth stunting overreach

Meta says it won't sign Europe AI agreement, calling it an overreach that will stunt growth

Rocket Report: SpaceX won’t land at Johnston Atoll; new North Sea launch site

Elon Musk's Neuralink filed as 'disadvantaged business' before being valued at $9 billion

ASML shares drop 11% after the chip giant says it can't confirm that it will grow in 2026

ASML shares drop 6.5% after the chip giant says it can't confirm that it will grow in 2026

Sony phones are disappearing across key markets: Is the Xperia era coming to an end?

Rocket Lab stock jumps nearly 11%, building on strong rally

Musk's xAI faces European scrutiny over Grok's 'horrific' antisemitic posts

Xbox Ally Gaming Handheld Price Could Be Higher Than Expected, Leak Suggests

The U.S. and EU Are Fighting Over Who Controls Big Tech

Reading Neuromancer for the first time in 2025

Dépanneurs

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