Of the $10 billion Spotify doled out to music rights holders last year, it gave about $5 billion to indie labels and artists, the company said, a $500 million increase from 2023.

Spotify says it paid more than $10bn in royalties to the music industry last year, as it seeks to counter criticism from recording artists that it has failed to share the bounty of the streaming era.

Steve Wiener, who founded the UK-based exhibition chain Cineworld and spent 19 years at its helm, has died at the age of 73.

Musk doesn’t value the opinions of other people, LinkedIn MSFT co-founder Reid Hoffman, who worked with Musk in the early ...