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Storytel signs audiobooks partnership with Spotify, shares jump

Article content STOCKHOLM Swedish audiobook streaming group Storytel has partnered with Spotify to allow its subscribers to listen to its library of audiobooks on Spotify from later this year, sending its shares up 12%. Storytel offers listening and reading of more than 500,000 titles across 25 markets and competes with the likes of Amazon’s Audible. We apologize, but this video has failed to load. Try refreshing your browser, or Storytel signs audiobooks partnership with Spotify, shares jump Back to video “We think this is a great partnership and a way to get access to more potential audiobook listeners around the world,” CEO Jonas Tellander told Reuters. “We are growing at about 30% annually and we are hoping that this will contribute a lot to that.”

Ericsson settles patent dispute with Samsung

Ericsson settles patent dispute with Samsung FILE PHOTO: Ericsson logo is seen at its headquarters in Stockholm, Sweden June 14, 2018. REUTERS/Olof Swahnberg May 7, 2021 By Supantha Mukherjee STOCKHOLM (Reuters) – Ericsson has reached a “multi-year” agreement on global patent licences with Samsung, the Swedish telecom equipment maker said on Friday, ending a dispute that hit its first-quarter revenue. Ericsson said it had not disclosed how many years the deal, which includes patents for all cellular technologies, would last. It said it now expects second-quarter patent licensing revenue to be 2 billion crowns ($237 million) to 2.5 billion crowns. The settlement, which ends ongoing lawsuits in several countries, was done in record time as patent disputes between technology companies can often take years to settle.

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