Spotify to cut 600 jobs after CEO admits to expanding too quickly

Music streaming service becomes latest tech firm to announce cuts after pandemic overexpansion

Twitter to launch ad-free subscription tier, Elon Musk says

Tesla boss hopes for rise in revenue after advertising downturn in wake of takeover

Social media platform faces $300m interest payment this week, and default could trigger debt restructuring – or bankruptcy

Boom in advertising trend for creatures to promote everything from cars to collars and ferries to wellies

Hastings will be succeeded by co-CEOs Greg Peters and Ted Sarandos, and will continue in the company as executive chairman

More than 500 advertising clients have reportedly paused spending since Elon Musk’s takeover in October

Right-leaning TV channel to cut costs, hire new talent and enforce ‘discipline’ as it aims for growth

Deal with EBU and Warner Bros Discovery retains same coverage as existing agreement

ITV streaming hours jump by 55% in first weeks of new service as it tries to compete against Netflix and more

Newspaper group reports slump in print and digital ads in recent World Cup, Black Friday and Christmas season

UK financial PR firm acquired by US group in a deal valuing business at more than £70m

Chief executive told workers to treat ‘Monday through Thursday as in-person workdays’, according to email

As Amazon axes 18,000 roles and Tesla loses 65% of its value, we examine the causes of the glitch hitting Silicon Valley

Irish regulator fines Facebook owner €390m after EU rejects argument for use of data to drive personalised ads

Since Elon Musk’s takeover, advertisers have paused spending amid fears of a rise in divisive content