Peacock reported that it more than doubled paid streaming subscribers in 2022, ending the year with 20 million.
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Spotify announced they will layoff 600 employees, or about 6% of employees, and make leadership changes.
Microsoft’s growth slowed in the second quarter of fiscal year 2023 with a 2% increase in total revenue.
Microsoft announced this week it will cut 10,000 jobs by the end of March and take a $1.2B hit for restructuring.
Amazon has expanded its original employee layoff count from 10,000 to 18,000, sharing the news the same day Salesforce did.
Yesterday Salesforce announced it is cutting 8,000 jobs globally, representing 10% of its total workforce.
The Atlantic is experimenting with dynamic subscription pricing, hoping to attract more subscribers and increase ARPU.
Amazon will end Kindle Publishing for Periodicals in 2023, discontinuing newspaper and magazine subscriptions.
Truth Social launches DMs, Meta will shut down livestreaming platform, TikTok tries horizontal video.
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