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Disney+ purges content, Visa and Mastercard are about to make unpopular changes, and PepsiCo plans to invest $175M in Instacart.
T-Mobile announced their plans to lay off 5,000 employees, or just under 7% of their total workforce, in a corporate restructuring.
Peloton reports a drop in revenue and subscribers and an increase in churn for the fourth quarter of fiscal 2023.
FTC proposed a $650K settlement with Experiance for violating the CAN-SPAM Act by not including an opt-out option in marketing emails.
Disney-owned ESPN is losing money, and Disney is considering selling it or pivoting to a streaming service.
Patreon experienced outages and problems with payment processing, impacting creator payouts.
Meta is removing access to news on Facebook and Instagram in Canada as a result of the Online News Act.
Last week, Meta reported a strong second quarter of 2023 with double-digit revenue and net income increases.
Hearst lays off 41 union employees, Peacock raises prices and AP partners with OpenAI.
Walmart pulled the Walmart+ promo from self-checkout when shoppers accidently signed up for the membership.

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