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Spotify just falls short of revenue, sending stocks tumbling

LONDON / BENGALURU (Reuters) – Spotify Technology SA shares fell as much as 9 percent after the streaming music director's subscriber outlook and quarterly earnings were barely affected by analysts' estimates in their first report as a public company. PHOTO PHOTO: A trader is reflected on a computer screen displaying the Spotify brand before the company begins to sell as …

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The square's earnings forecast Frösch estimates, spending climbs

Square Inc. forecasted earnings in the current quarter, which did not provide the basis for analysts estimates of higher expense for expansion without payment processing. The result, excluding certain items, will be 9 cents to 11 cents per share in the second quarter, Sade San Francisco-based square Wednesday in a statement from . Analysts estimate 12 cents per share. Operating …

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Spotify result Q1 2018

Some of the figures were not a big surprise given the company's economic forecast in March when the company said it expects to hit as high as 96 million subscribers this year. Spotify maintained its outlook for the year on Wednesday saying it plans to lose up to 330 million euros this year (approximately USD 397 million on Wednesday's exchange …

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United Airlines's new pet policy prohibits these dogs and cats

Animal owners can start booking trips for their four-legged comrades at United Airlines again this summer. But fewer animals will fly thanks to new rules that the carrier forbids all but dogs and cats in custody, and even over 20 breeds of felines and dogs are forbidden. After a 10-month-old-death puppy in an airspace on a United airplane in March …

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Two black men arrested at Starbucks settle with Philadelphia for $ 1 each

Two African American men arrested at a Philadelphia Starbucks last month have reached a solution with the city and secured their commitment to a pilot program for young entrepreneurs. Rashon Nelson and Donte Robinson chose not to conduct a lawsuit against the city, said Mike Dunn, a spokesman from the mayor's office, The Washington Post. Instead, they entered a $ …

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Nikola (Motors) suits Tesla (updated)

Okay, everything sat? Good. Nikola claims (PDF) that Tesla violates three of its patents: Fuselage design, a reversal of a half-car and a middle-door. Nikola claims that these design similarities have "caused confusion" among customers and stolen over $ 2 billion on business, and if problems arise with Tesla's Semi (like batteries or autonomous drives), they will be attributed to …

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