Did you know the outgoing second-gen Toyota Tundra is one of the oldest vehicles on sale in the U.S. right now? Well, that’s about to change with the third-gen 2022 Toyota Tundra coming to dealerships this fall. And thanks to Toyota, we already know what the new truck will look like when it physically appears in a few months. But … Continue reading
Three months ago, Spotify predicted that user growth would start falling, because COVID-19 had prompted so many people to sign up than expected. Today, the audio giant was proved right, as new signups fell to nine million new users in the most recent quarter, but slower growth isn’t always a bad thing. Of that nine million figure, seven million users signed up for Premium, versus just two million who went ad-supported. It means that Spotify was also able to announce a second successive quarter of profitability after a long period of losses.
The total number of Spotify users now stands at 365 million, of which 165 million are paying for Premium, while the remaining 210 are ad-supported. Converting more of Spotify’s vast ad-supported user base into Premium users is one way to ensure the company remains profitable. Another, of course, is to boost its growing advertising business, which has been bolstered by Spotify’s numerous podcast offerings. The company said that it saw “triple digit” year-on-year gain in ad-sales for the company’s owned podcast outlets, including The Ringer, Parcast and Gimlet.
The last three months has seen Spotify intensify work to push users toward cheaper forms of audio content than music. It says that Joe Rogan’s podcast has performed “above expectations,” while shows out of The Ringer saw big bumps in listenership as the NBA headed into the playoff season. No mention this month of how many people are tuning in to listen to former President Barack Obama and Bruce Springsteen hang out, which was the second biggest podcast on the platform from the start of the year.
As for the future, Spotify says that it’s hoping to add at least 12 million more users in total, and at least another five million more paying customers. It is still expecting to reach the coveted 400 million user figure by the end of the year, although given the uncertainties still present with COVID-19, you never can be sure.
The United Kingdom is preparing to drop covid-19 restrictions that require visitors from the U.S. and European Union to quarantine for 10 days on arrival, according to several newspapers in England.
Obama shared the “mantra I practice daily” after the gymnast withdrew from the team final at the Olympics.
“It’s OK to not be OK.”
“You go out there and kick ass, OK?” the champion gymnast said in a viral video at the Tokyo Olympics.
Experimenting (and messing up) is a crucial part of becoming a better home chef.
Pricey treatments claim to be the key to healthy hair, but experts share what really works and what doesn’t.
The Olympic champion knew her limits and set an example for us all.
Researchers from Oregon State University have created a bipedal robot called Cassie. Recently, Cassie traveled five kilometers, completing the entire journey in just over 53 minutes, making history in the process. Cassie was developed with direction from robotics Professor Jonathan Hurst with a 16 month, $1 million grant from the Advanced Research Projects Agency of the US Department of Defense. … Continue reading
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