News

Latest News

Stocks in Play

Dividend Stocks

Breakout Stocks

Tech Insider

Forex Daily Briefing

US Markets

Stocks To Watch

The Week Ahead

SECTOR NEWS

Commodites

Commodity News

Metals & Mining News

Crude Oil News

Crypto News

M & A News

Newswires

OTC Company News

TSX Company News

Earnings Announcements

Dividend Announcements

Spotify Releases Streaming Feature

Spotify Technology SA (NYSE: SPOT) shares gained ground on Wednesday on word the company has rolled out a standalone streaming support feature on its Apple Watch app, two years after the launch.

The new release will sync users' podcasts or radio and stream directly to their Bluetooth earphones over Wi-Fi and cellular networks. The functionality works even when the user is not carrying the iPhone, and users can control the audio directly through their wrist.

This feature is sought by users who want to leave their phones behind when exercising or going out for a run.

9to5Mac reported that users could also access the music library and the recently played list through the Spotify Apple Watch app in addition to the remote functionality.

Although Spotify has no official statement, an increased number of users can access this feature -- 9to5Mac.

Spotify began beta testing the support function in mid-September, 9to5Mach reports. Other than the Spotify app, the standalone support feature is present in Apple Inc's (NASDAQ: AAPL) native music app as well as the Sirius XM Holdings Inc (NASDAQ: SIRI) owned Pandora app.

SPOT shares gained $3.02, or 1.3%, to $239.55.