According to reports by CNBC, Amazon is in detailed discussions with several third party retailers, including global consumer giants such as Procter and Gamble, to bring advertising to its in-home speakers.
Given the complexity of its business model and value proposition which relies upon a number of third parties to pay publishers and record labels, Spotify is no stranger to litigation.
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With Snap’s growth stagnating and and share price reaching parity with Twitter for the first time ever, Wegener’s departure only adds to its woes.
The successful funding round demonstrates the viability of crowdfunding platforms not just for small kickstarters but also larger startups who are seeking alternative methods to raise money.