Daniel Ek Steps Down as Spotify CEO to Focus on European Tech Ventures

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Source: Engadget
Daniel Ek Steps Down as Spotify CEO to Focus on European Tech Ventures
Photo: Engadget
TL;DR Summary

Daniel Ek is stepping down as Spotify CEO to become executive chairman, with co-CEOs Gustav Söderström and Alex Norström taking over leadership. Ek plans to focus on long-term company strategy and technology-driven initiatives, including investments in defense tech, amid ongoing challenges like AI-generated music and artist pushback.

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