Spotify shares fall on report Amazon in talks to launch ad-supported music offering
https://www.reuters.com/article/us-spotify-tech-stocks-amazon-com/spotify-shares-fall-on-report-amazon-in-talks-to-launch-ad-supported-music-offering-idUSKCN1RR1O1
Shares of Spotify Technology SA fell 4 percent on Monday after a report said Amazon.com Inc was in talks to launch a free ad-supported music service, which is expected to intensify competition for the music streaming leader.