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Paramount lays off 25% of its staff, Apple shares small developer success stories, and Best Buy revamps its membership program.
VICE Media Group filed for bankruptcy this week. An investment group that includes VICE lenders has made a $225M bid to buy the company.
The European Commission approves Microsoft’s $69B deal to buy Activision Blizzard, provided Microsoft follows through on proposed remedies to address the Commission’s concerns.
Elon Musk announced he has hired a new CEO with a strong advertising background – Linda Yaccarino.
The New York Times Company reports significant subscription growth in the first quarter, ending with 9.7M subscribers.
Mercedes lowers pricing for EV acceleration, Elon Musk threatens to reassign @NPR, and Snapchat and TikTok are launching new ad products.
Disney lost 4M direct-to-consumer streaming subscribers during the second quarter of fiscal year 2023.
Twitter Blue is hemorrhaging subscribers, Apple Music Live returns for a new season, and Peloton is relaunching and rebranding.
Weight loss company Jenny Craig is shuttering its subscription-based business, due to lack of financing. About 1,000 employees lost their jobs.
TurboTax parent Intuit will pay $141 million to settlement claims it deceived consumers, making them pay to file taxes when they were eligible for free
