Wednesday, July 27, 2022

Spotify says it has "decided to stop further production of Car Thing units" and will take a €31M charge, citing demand and supply chain issues (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Spotify says it has “decided to stop further production of Car Thing units” and will take a €31M charge, citing demand and supply chain issues  —  Spotify's push to complement its music streaming with a big move into podcasting and related content appears to be paying off …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...