Spotify paid out $9 billion in streaming royalties last year, the streaming giant said Tuesday in its latest “Loud and Clear” report.Spotify’s fourth annual report, which originally launched in 2021 following criticism over its lack of transparency, noted record accomplishments, including the highest annual payment from any retailer to the music industry.“This is everything we know about how much is being paid out, how many artists are achieving different levels of
Former CNN reporter Don Lemon mixed it up with Tesla CEO Elon Musk in an interview Lemon posted on Musk’s X social network Monday. The interview was supposed to kick off Lemon’s new talk show on X, formerly known as Twitter, at least until Musk canceled the show shortly after the interview was recorded.Over the course of slightly more than an hour, the two men jousted over subjects ranging from the political consequences of immigration and the benefits and harms of content moder
Most companies help their employees save for retirement. But for a generation burdened with student loan debt, paying off those balances is often a higher priority. Candidly, a New York-based startup which started working on this problem in 2016, helps employees optimize their debt through loan consolidation and income-based repayment plans, among other mechanisms.
The startup also makes it easy for companies to match employees’ student-loan payments with tax-free retirement
TraceLink operates a supply-chain visibility platform focused on medical and pharmaceutical products. Its products help pharmacies and medical providers navigate drug scarcity, halving the time typically spent managing medication and equipment recalls. Its AI-powered Product Availability Intelligence service, which was launched in late 2022, can predict drug shortages up to 90 days in advance.
Last year, It prevented an estimated 500,000 patients around the world from medicatio
The hacks won’t stop, but Yotam Segev and Tamar Bar-Ilan, who founded the cloud security division within the Israeli military’s Unit 8200, started Cyera to help organizations discover the flaws in their defenses before the bad guys do.
Part of a growing market in what’s known as posture management, Cyera’s Data Security Platform, which first became available in 2022, uses machine learning to analyze an organization’s data landscape, from on-premise
Logistics, a $76 trillion industry still reliant on antiquated technology, has attracted a fleet of modernizing startups. Enable stands out by focusing on an arcane but valuable niche: the B2B rebates that accompany contracts between retailers, distributors, and manufacturers. (Rebates are an essential tool for manufacturers to incentivize buyer loyalty; in some cases, they are a manufacturer’s largest expense.) Enable’s software replaces the Excel files that govern rebate accou
This Canadian space services shop spent 2023 lining up big projects across its satellite and robotics businesses. In August, the global satellite operator Telesat selected MDA Space as its primary satellite provider for the new Telesat Lightspeed low Earth orbit (LEO) services, a contract worth more than $1.5 billion. Telesat will be the first customer to use MDA Space’s new “digital satellite” product, which can provide more beams of data per satellite—enabling re
In 2022, as Russia’s invasion of Ukraine stalled in the mud north of Kyiv, the world witnessed the unglamorous importance of equipment maintenance: The military column couldn’t proceed because of faulty parts in the tanks and trucks.
The U.S. military has persistent maintenance headaches, too: A 2022 GAO study found that over the last decade, 26 types of aircraft (among them the Air Force’s F-22 fighter jets and all of the Navy’s C-130s transport planes)
Through genomic sequencing and analytics, Sacramento-based Personalis aims to make detection of cancer ever more precise and timely. In October 2023, the company launched early access to its NeXT Personal Dx test, which offers ultra-sensitive circulating tumor DNA (ctDNA) detection, enabling earlier detection of cancer recurrence and more detailed monitoring of treatment response.
NeXT Personal Dx is a whole-genome sequencing test that detects circulating tumor DNA molecules, findin
The Canadian commercial AI startup Cohere doesn’t get as much time in the spotlight as OpenAI and Anthropic, but it spent 2023 quietly establishing itself as an attractive API for enterprises. Part of the company’s 2023 success owes to its go-to-market approach. It allows enterprises to host a Cohere language model on their own servers or in a private or commercial cloud.
Last July, Amazon Web Services started to distribute the Cohere models through its Bedrock AI plat