At Apple’s Glowtime event, the company introduced the latest iPhone 16 lineup, including the iPhone 16 Plus and iPhone 16 Pro Max. The main difference between the two big phones this year is their size, with the iPhone 16 Pro Max surpassing the 6.7-inch display of the iPhone 16 Plus. Despite sharing many new features, the size disparity sets the iPhone 16 Plus and iPhone 16 Pro Max apart in Apple’s latest smartphone offerings.
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Spotify slashed nearly €500M in marketing, R&D spending, and general administrative expenses in 2024, which helped the company swing to a net income of €1.1B (Financial Times)
Spotify reported a net income of €1.1B in 2024 after cutting €500M in marketing, R&D, and administrative expenses, solidifying its position as a market leader in music streaming. The company's strategic cost reductions have given it a significant competitive edge over its competitors, signaling a successful shift towards profitability and sustainability in the industry. Spotify's newfound financial stability reflects its ability to adapt and innovate, showcasing its resilience and market dominance. Full Article
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