Spotify's potential launch of an ads exchange platform could enhance video ad offerings, reduce reliance on Alphabet and Meta, and boost ad revenue. Spotify's Q3 results showed 19% revenue growth and 11.5% growth in monthly active users, with new features ...

Spotify added more subscribers than expected in the third quarter, sending shares higher after the bell Tuesday.

Music streaming giant Spotify grew monthly active users and premium subscribers last quarter, beating forecasts on both of those and other metrics as the stock rose more than 9% after the numbers before settling slightly to well over $450.

ValueAct Capital has amassed a $1 billion stake in Facebook and Instagram parent Meta Platforms, a validation of the tech giant’s moves in artificial intelligence, a source familiar with the matter confirmed.

ValueAct Capital Management has taken a $1 billion stake in Facebook parent Meta Platforms Inc., according to a person familiar with the matter.

Activist investor ValueAct has a $1 billion stake in Facebook parent Meta, according to people familiar with the matter.