Spotify might be looking to make a market debut sometime this year.According to a report by Quartz, the popular music streaming company has launched informal chats with investment banks for a potential initial public offering.Spotify competes with Beats Music, Google Music (NASDAQ:GOOG) and Pandora (NYSE:P) in the streaming market. It could also soon face competition from Apple (NASDAQ:AAPL).The company may begin formal meetings as early as next month, according to Quartz, with the six-year-old service aiming for a potential IPO in the fall of this year. A spokesperson for Spotify told FOX Business it doesn't have "any comment" on the report.Earlier this month Spotify bought Echo Nest, a music data company with a host of algorithms that help machines make music recommendations, and obtained a $200 million credit line from lenders.Among those lenders were Morgan Stanley (NYSE:MS), Deutsche Bank (NYSE:DB) and Goldman Sachs (NYSE:GS), all heavily involved in the IPO business. Similar to ...
With the right apps, your mobile device can automate the tasks that used to be daily chores.
FOX and Friends’ Clayton Morris on the possibility of Apple coming out with a smartwatch that could monitor your health.
Music Business Association president Jim Donio on digital sales in the music industry.
Men's Wearhouse | Jos. A. Bank Clothiers [MW | JOSB]The battle between the two men's apparel companies continues after Men's Wearhouse mounted a hostile bid to buy r...
FBN’s Lauren Simonetti breaks down the day in the markets.
Tips from Clayton Morris
Stereo Speakers http://global.fncstatic.com/static/managed/img/Scitech/andrew-jones-stereo.jpgMost of us cannot afford a pair of $10,000 speakers, even though we may...
Pandora Media Inc. took a hit Friday, falling by 80 cents a share, or 2.8%, to $28.56 following a report that Spotify AB is planning a new, free streaming music serv...
Father of one of the victims speaks out
Spotify AB has raised almost $250 million in new funding that the Swedish streaming-music company will use to expand into new markets, according to a report in the W...
T-Mobile CEO John Legere on the company's plan to capture market share and a potential merger with Sprint.
FBN’s Jo Ling Kent on Amazon raising the price of its Prime service.
Samsung launches free streaming music service
Fox Biz Flash: Friday, 3/7
FBN’s Jo Ling Kent on reports Amazon is planning a music streaming service.
Author Patrick Turner on whether people should embrace big data.
'Glee' star releases very personal debut album
Some work projects are too big to tackle alone. But it's not always easy to make sure every member of your team is on the same page.