Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Nvidia Develops New Location-Verification Technology for AI Chips 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Spotify has pulled the plug on its Spotify Live live-audio platform. The Swedish audio streaming and digital media services provider said it is discontinuing its standalone app but vowed to keep promoting live interactions between the artists and their fans.
Spotify’s decision to shut down its live audio app was confirmed by its spokesperson to TechCrunch this week. The representative also said that the company would continue with live features on its central platform.
“After a period of experimentation and learnings around how Spotify users interact with live audio, we have made the decision to sunset the Spotify Live app,” the company’s spokesman told the publication through an email. “We believe there is a future for live fan-creator interactions in the Spotify ecosystem however, based on our learnings, it no longer makes sense as a standalone app.”
He added, “We have seen promising results in the artist-focused use case of ‘listening parties,’ which we will continue to explore moving forward to facilitate live interactions between artists and fans.”
It was only in April 2022 that the audio and media streaming provider added the live audio feature from its Spotify Greenroom, which is Spotify’s companion app. When it was integrated into the main streaming app, the Greenroom was renamed Spotify Live.
The feature allowed creators to interact with their audience in real-time, so Spotify Live also served as a stage for hosts to hold a live listening show. Spotify acquired the app that was later made into the “Greenroom” in 2021 after it bought Betty Labs for $62 million. Betty Labs created the Greenroom, which was originally called the Locker Room, which offers live audio of sports content.
Meanwhile, Billboard reported that prior to Spotify Live’s shutdown, the company introduced a number of new features last month. Its chief executive officer, Daniel Ek, said that these updates are the biggest transformation that the platform has ever had in a decade.
Photo by: Alexander Shatov/Unsplash
