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Open AI to give $5M to local news to experiment with AI, TikTok expands music subscription, more than 17K media jobs cut this year so
Despite modest revenue growth, Netflix reported 5.9M net net subscribers for Q2, 3 times growth in Q1.
Washington Post partners with Verizon, Amazon makes job cuts in the pharmacy division, and Xbox brings back $1 intro pricing.
Microsoft announces the launch of AI tools, Bing Chat Enterprise and pricing for Microsoft Copilot.
Twitter ad revenue is down 50%, and Elon Musk reports the company has a significant debt load.
Walmart pulled the Walmart+ promo from self-checkout when shoppers accidently signed up for the membership.
Amazon Prime Day 2023 was the most successful two-day shopping event in company history.
NY Times staff demand answers about future of sports coverage, FTC says #ad disclosure is not enough, and UK businesses say new subscription rules are
TikTok launches music subscription, QVC and HSN launch on Freevee, Minna Technologies releases subscription report.
Hedge fund Alden Global Capital has bought the San Diego Union-Tribune for an undisclosed sum.