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Baillie Gifford Adjusts Stake in Spotify Technology SA

On December 1, 2023, Baillie Gifford (Trades, Portfolio), a renowned investment management firm, made a significant adjustment to its investment in Spotify Technology SA (NYSE:SPOT), a leader in the music streaming industry. This transaction had a -0.19% impact on Baillie Gifford (Trades, Portfolio)'s portfolio, with the shares being traded at a price of $180.69.
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Source: yahoo.com

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Apple faces 'strong action' if App Store changes fall short, EU's Breton says, ET Telecom

Asked about Apples plans, EU industry chief Thierry Breton exclusively told Reuters: "The DMA will open the gates of the internet to competition so that digital markets are fair and open. Change is already happening. As from 7 March we will assess companies proposals, with the feedback of third parties."
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spotify: Spotify to start in-app purchases on iPhone in Europe after DMA takes effect

Spotify users in Europe can buy audiobooks and subscription plans within the music-streaming app starting in March. This move is a result of the regions new competition law for Big Tech. It allows Spotify to avoid Apples 30% fee for in-app purchases through the App Store. The Digital Markets Act (DMA) will enable Spotify to share details about deals, promotions, and better-value payment options in the EU
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