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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.
Hearst lays off 41 union employees, Peacock raises prices and AP partners with OpenAI.
Microsoft’s stock dipped this week after the company reported their fourth quarter financials for fiscal year 2023.
Spotify is raising its premium subscription prices $1 to $2 a month, depending on the plan.
