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WSJ Tech News Briefing

TNB Tech Minute: Spotify Founder Daniel Ek Steps Down as CEO

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.31.7K Ratings

🗓️ 30 September 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: DeepSeek releases a new AI model that could cut usage cost in half. And YouTube agrees to pay $24.5 million to settle a lawsuit brought by President Trump over the suspension of his account. Zoe Kuhlkin hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

As companies seek to close growing gaps in skills and talent,

0:04.0

Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.

0:10.0

There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain?

0:25.4

By performing a skills inventory, leaders can truly understand where their efforts should be focused.

0:28.0

Being blind to those gaps is the real miss.

0:32.6

Visit Deloitte.com to learn how your enterprise can help successfully cultivate talent.

0:41.2

Here's your morning TNB Tech Minute for Tuesday, September 30th. I'm Zoe Colkin for the Wall Street Journal.

0:47.7

Daniel Eck is stepping away from the top job at Spotify, almost two decades after founding the company.

0:55.0

Co-presidents Alex Nordstrom and Gustav Soderstrom will succeed Eck as co-CEOs starting January 1st.

1:00.2

X said that while he's stepping down, he'll be moving into a new role as executive chairman and will remain, quote, deeply involved in decision-making.

1:05.4

China's deep seek has released an experimental large language model that it says has better

1:10.0

training, better reasoning, and

1:12.2

uses a new technique that cuts application programming interface prices by half.

1:18.2

The so-called sparse attention technique allows AI models to handle large amounts of information

1:23.1

with greater efficiency, and it's been explored by competitors like Google and OpenAI. DeepSeek's

1:29.5

previous model is one of the top-rated Chinese entries in the artificial analysis rankings of

1:34.1

LLMs, but it ranks behind offerings from OpenAI, XAI, Ananthropic. And we report that YouTube has

1:42.4

agreed to pay $24.5 million to settle a lawsuit over the company's

1:47.6

suspension of President Trump's account after the January 6th Capitol riot. That's according to court

1:53.2

papers. The Google subsidiary is the last of the three big tech companies to settle lawsuits

1:58.5

that Trump filed against social media platforms in the months

2:01.6

after he left the White House. Meta agreed to pay $25 million in January and X agreed to pay $10 million

...

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