Spotify to Hold First Investor Meeting Since 2018 to Hype Wall Street’s Enthusiasm Amid Slowing Economy

Spotify to host first investor day since going public in 2018 on Wednesday. The meeting is aimed to stoke Wall Street’s enthusiasm despite the slowing global economy. The company’s stock has tumbled 53 percent so far in 2022. However, it managed to fare better than some streaming services like Netflix.Read More

EU Unclear on Ban of Cloud Services in Russia Amid Invasion of Ukraine, Amends Latest Sanction Package

European Union’s stand on ban of cloud services in Russia looks unclear as the group amended the initial version of a press release on the sanctions package issued on June 3. The initial release referred to a ban on the provision of cloud services. Meanwhile, an EU official mentioned that the council is working on…