Spotify reports Q1 revenue up 14% YoY to €4.5B, MAUs up 12% YoY to 761M, above 759M est., Premium subscribers up 9% YoY to 293M, and a €715M operating income (Ashley Carman/Bloomberg)

Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 14% YoY to €4.5B, MAUs up 12% YoY to 761M, above 759M est., Premium subscribers up 9% YoY to 293M, and a €715M operating income  —  Spotify Technology SA, the music st…

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Australia unveils a draft News Bargaining Incentive scheme that imposes a 2.25% levy on local revenues for platforms; Meta says the government is “simply wrong” (The Guardian)

The Guardian:
Australia unveils a draft News Bargaining Incentive scheme that imposes a 2.25% levy on local revenues for platforms; Meta says the government is “simply wrong”  —  Google also rejects need for reform after A…

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Desperate Russian troops ‘shooting down their OWN drones to claim battle bonuses’ after horror cannibal claims emerge

HOPELESS Russian soldiers are reportedly shooting down their own drones and then disguising them as Ukrainian aircraft so they can claim battle bonuses. It comes as horror claims emerge that Vladimir Putin’s soldiers are turning to cannibalism as they …

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Match Group invests $100M in Seattle-based Sniffies, a web-only platform for queer men with ~3M MAUs worldwide, paving the way for a possible acquisition (Samantha Kelly/Bloomberg)

Samantha Kelly / Bloomberg:
Match Group invests $100M in Seattle-based Sniffies, a web-only platform for queer men with ~3M MAUs worldwide, paving the way for a possible acquisition  —  Match Group Inc., whose dating-app portfolio inc…

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