Spotify Grows to 87M Paid Subscribers and 191M Monthly Active Users

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Spotify today reported its third quarter earnings for 2018, announcing that paid subscribers for its streaming music service have grown to 87 million and total monthly active users (including the free tier) now reach 191 million. This is an increase from 83 million paid subscribers and 180 million total users that Spotify had in July 2018.


In terms of year-over-year growth, paid subscriber numbers have grown 40 percent in comparison to 2017 and MAUs have grown 28 percent. Spotify touted its various multi-partner bundles as a big help to signing up new subscribers, which are also retaining users for longer and driving churn lower. The latest bundle includes Spotify, Hulu, and Showtime for $4.99/month for students.

Spotify is in an ongoing race with Apple Music to add more subscribers, and as of now Spotify is still winning in terms of paid subscribers. It's been a while since we've heard news of updated Apple Music subscriber numbers, with the last count in April 2018 putting Apple's service at 40 million paid subscribers. Apple Music does not have a free tier like Spotify, but counting users on the three-month free trial along with paid users, Apple's service hit over 50 million subscribers in May 2018.

These numbers refer to global paid subscriber users, and in a report over the summer it was suggested that Apple Music is actually ahead of Spotify's paid subscriber count in the United States. Both Apple Music and Spotify were said to have more than 20 million paid subscribers in the U.S. as of July 2018, and at the time Apple was "a hair ahead" of its rival.

Looking into the fourth quarter of 2018, Spotify expects paid subscribers to reach 93-96 million users, while monthly active users are predicted to break the 200 million user milestone and sit somewhere between 199-206 million users globally.

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Twitter Adds Floating Compose Button and Tests Option to Switch Between Latest and Top Tweets

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Twitter has added a new compose button to its official mobile app for iOS that's designed for one-handed scrolling and tweet composing.

Located in the bottom right of the Twitter interface, the new floating icon can be tapped to start composing a tweet.


Meanwhile, a 3D Touch or long press gesture on the button causes three options to fan out in a radial menu that includes quick access to drafts, images/videos and the GIF gallery.

Elsewhere, Twitter has announced new tools for users to report spam. The standard Report Tweet options remain as usual, but flagging a suspicious or spam tweet offers the following additional options:

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• The account tweeting this is fake.
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• Includes a link to a potentially harmful, malicious, or phishing site.
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• The hashtags included seem unrelated.
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• Uses the reply function to spam.
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• It's something else.

In addition to the above, Twitter has started testing an option to quickly access a classic reverse chronological timeline, as promised back in September. The feature, currently only available to a small number of users, comes in the form new icon in the top right of the interface providing a shortcut to switch between the latest and "top" tweets in the feed.


Once the feature officially rolls out, it should allay user frustration with Twitter's curated selection of tweets, which often includes a mishmash of relatively old tweets, ads, and tweets your friends like.

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Apple Officially Obsoletes iPhone 5, Ending Repair Support

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Apple has updated its vintage and obsolete products list to include the iPhone 5, six years after the smartphone's launch.

The iPhone 5 is now classified by the company as vintage in the United States and Turkey, and obsolete in the rest of the world. The addition was spotted by Japanese blog MacOtakara.


Apple defines vintage products as those that have not been manufactured for more than five but less than seven years. Macs and other products on the vintage and obsolete list are generally no longer eligible for hardware service.

The iPhone 5 introduced some major design changes to Apple's smartphone lineup when it was announced in September 2012.

New features included a lighter aluminum-based body, a taller screen with a nearly 16:9 aspect ratio, LTE support, and Apple's A6 system-on-chip.

The iPhone 5 was also the first Apple smartphone to include a Lightning port, replacing the 30-pin design used by previous iPhone models.

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Apple in Talks to Buy Stake in U.S. Radio Group iHeartMedia

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Apple has held talks with iHeartMedia to buy a stake in the U.S. radio company, according to a new Financial Times report citing people familiar with the matter.


iHeartMedia is currently $20 billion in debt, with audiences gradually turning away from radio in favor of digital music services like Spotify and Pandora. The radio group filed for bankruptcy in March, and has been in contact with several potential investors ahead of a deadline later this month to file a reorganization plan with the bankruptcy court.

iHeartMedia is hoping Apple will take an equity stake worth millions of dollars, according to FT sources, although discussions between the two companies are still in the early stages and no deal has been agreed. Apple declined to comment, while iHeartMedia did not respond to multiple requests for comment.

The report suggests Apple is angling for a deal in order to gain a platform for wider distribution of its Beats 1 radio station and increase awareness of Apple Music:

A partnership could see Apple Music’s Beats 1 radio station, which is only available through its apps, make its debut on broadcast radio. Extra distribution would give Beats 1 and Apple Music greater awareness among older audiences who are later adopters of streaming services. A deal would also put the Apple station into more cars or kitchens.

Despite being billions of dollars in debt, iHeartMedia remains the largest radio broadcaster in the United States, with more than 850 stations operating across the story. One music industry executive who spoke to FT described the potential deal as a "power move" by Apple, as it aims to persuade more artists and labels to strike exclusive or early releases for its streaming service instead of its biggest rival, Spotify.

Apple Music surpassed 50 million subscribers and free trial users earlier this year, giving it a bigger share of listeners in the U.S. than Spotify, although Spotify is still the global leader with more than 80 million paying users around the world. Earlier this year, Apple acquired music recognition app Shazam for $400 million in order to improve Apple Music's listening recommendations.

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AMD Had A Strong Third Quarter Despite Lower GPU Sales

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