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Warner Bros. Discovery saw a 4% decrease in revenue and a loss of 1.8M subscribers in the second quarter 2022.
The Guardian updates its editorial code, Sen. Elizabeth Warren was a new agency to oversee Big Tech, and social media is out of fresh ideas.
Snapchat+ hits 4M subscribers; Walmart and Expedia partner on a travel program; Zengo launches premium subscription.
Amazon doubles its net income compared to the first quarter and reports an 11% increase in net sales YOY.
Google parent Alphabet saw a slight bump in stock price after reporting better than expected revenue and earnings.
Meta is removing access to news on Facebook and Instagram in Canada as a result of the Online News Act.
Billionaire Elon Musk is requiring advertisers to pay $1K a month to keep their verified organization status.
Last week, Meta reported a strong second quarter of 2023 with double-digit revenue and net income increases.
Proposed regulations, the restaurant industry and affiliate revenue all made the subscription headlines this week.
FIS sells a majority stake of Worldpay to private equity firm GTCR for $18.5 billion, a loss from its 2019 valuation.
