Spotify is still bleeding money but predicts a return to profitability

By news@appleinsider.com (Andrew Orr) People are flocking to Spotify as shown by the company’s recent financial results, but it continues to bleed over a quarter-billion dollars per quarter — even after its layoffs in January.SpotifySpotify has worked on adding more content to its service in the form of podcasts and audiobooks, …

Source:: Apple Insider