Swedish music streaming juggernaut Spotify is seeking to raise $500 million from investors to bankroll future growth through convertible notes, Swedish publication Svenska Dagbladet reported on Wednesday afternoon (via Music Ally and Reuters). The report, which is based on confidential bank documents unearthed by the paper's reporters, suggests that Spotify will pay a 4% interest …
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Facebook is preparing a pair of major updates for its most popular iPhone applications, according to a source familiar with the apps. Facebook is testing an updated version of its main iPhone, iPad... | Mobile Technology
Spotify is looking to make brands as influential as the artists and tastemakers that have been key to its recent strategy of shifting to become a music discovery service by introducing new ad formats and other areas to house brands on the platform.