Spotify’s revenue reached nearly €8B in 2020, study claims

Music streaming service Spotify has established itself as market leaders after experiencing impressive growth in the last five years. According to data presented by TradingPlatforms.com, Spotify’s Global revenue grew at an incredible Compound Annual Growth Rate (CAGR) of 32.36% in the five year period from 2015-2020, reaching almost €8B in 2020. Spotify recorded an estimated €7.9B…

Tech Digest daily round up: Spotify founder teams up with ‘Invincibles’ to attempt Arsenal FC buy-out

Spotify founder Daniel Ek has reportedly recruited three of Arsenal’s legendary Invincibles team as he prepares to buy the club from beleaguered owner Stan Kroenke. The new report in The Telegraph comes after Ek, who is estimated to be worth £3.4billion, said on Twitter that he was interested in taking over the north London side. “As a kid growing…