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WSJ Tech News Briefing

TNB Tech Minute: Spotify’s Subscribers Grew in the Fourth Quarter

10 Feb 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 26.629 Julie Chang

Here's your morning TNB Tech Minute for Tuesday, February 10th. I'm Julie Chang for The Wall Street Journal. Spotify continued to add users in the fourth quarter as it expanded access to audiobooks globally and added new features like allowing listeners to follow music venues for upcoming shows. Spotify's monthly active users grew to 751 million, up 11% from the same quarter a year ago.

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26.609 - 45.891 Julie Chang

Premium subscribers increased by 10% to 290 million. For the full year, Spotify's net income was up about 86% from the previous year, while revenue grew 10%. In January, Spotify said it was raising the cost of a U.S. premium subscription by $1 to $12.99 a month.

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Chapter 2: What were Spotify's subscriber growth trends in the fourth quarter?

46.612 - 51.638 Julie Chang

Dow Jones, publisher of The Wall Street Journal, has a content partnership with Spotify.

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51.618 - 58.329 Unknown

Honda suffered a loss in its car business, hit by US tariffs and EV-related impairments in the latest quarter.

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58.97 - 76.68 Julie Chang

The Japanese automaker booked nearly $280 million in one-time EV-related provisioning and impairments for the three months ended December. An executive said today the company needed to drastically change its EV strategy in the US, where the market is clearly slowing, and scrap its previous plans in China.

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76.66 - 93.268 Unknown

Honda's auto production in North America was also hit by a shortage of chips from Dutch supplier Nexperia late last year. The company said third quarter operating profits slumped 61%. For the fiscal year ending March, Honda projected revenue to decline 2.7%.

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93.248 - 120.049 Julie Chang

And SMIC finished 2025 on a strong note. Its annual revenue crossed the $9 billion mark as a Chinese contract chipmaker cashes in amid China's push for tech self-sufficiency. SMIC, China's largest and most advanced chip foundry, reported a 61% rise in fourth quarter net profit from a year earlier to nearly $173 million. Revenue increased 13% to almost $2.5 billion, a

120.029 - 140.367 Julie Chang

That brought the annual total to more than $9 billion, topping 2024's $8 billion. The chipmaker offered a cautious outlook for the first quarter, though. SMIC flagged both opportunities for chip localization and challenges brought by surging memory prices in 2026. That's your TMB Tech Minute. Join us again this afternoon for more.

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