The week in business has been marked by surprises nobody would have expected. Google offering a landline service? Canonical collaborating with Microsoft to bring bash to Windows? Well alright then… To make things even more interesting, Spotify inked a billion-dollar deal with multiple investors. The debt financing will give it quite some firepower to take on the likes of Apple Music and other competitors. Interestingly, Spotify put pen to paper on this deal hot on the heels of Soundcloud’s Go – the Berlin based company’s stab at monetization through paid subscriptions. At Index we gather tech coverage into one platform…

This story continues at The Next Web
Source: The Next Web


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