Weekly Subscription News: Uber, Amazon and Abusive Ads
Featuring Lyft, Camunda, Google Chrome, Hulu and Facer
In the subscription headlines this week, Lyft beats Uber to filing for an IPO, Camunda raises $28 million to grow its workflow automation platform, and Amazon Video Channels is estimated to raise about $1.7 billion by year end. Also this week, streaming subscription service Hulu is the first such service to accept Venmo as a form of payment, the value of Verizon Media Group (Oath) is drastically reduced, and Facebook emails reveal that insiders knew personal data was in danger and needed to be protected.
Amazon Video Channels to Generate an Estimated $1.7 Billion This Year