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MyLife must pay $21M to the FTC for deceptive subscription practices, including negative option marketing. Company does not admit nor deny claims.
EU will launch first newsroom with reporting from 16 member states, Netflix Originals see big viewership drop after initial surge, Toyota made a key fob
Christmas came early for Group Nine. Earlier this week, Vox Media announced its plans to purchase the media company.
Zoom settles a class action privacy lawsuit for $85 million. Zoom has denied any wrongdoing or liability.
BuzzFeed’s IPO is a bust, Facebook quietly buys the metaverse, Spotify removes content over royalty disputes.
PlayStation is combining its subscription services, Grow Credit is helping students build credit thru subscriptions, and Square becomes Block.
IAC’s Dotdash has closed its deal with Meredith, making the combined Dotdash Meredith the largest U.S. print and digital publisher.
Lee Enterprises rejects hedge fund Alden Global Capital’s attempt to nominate directors to the board.
Twitter acquires business communication app Quill. The Quill team will join Twitter to work on DMs.
Amazon boasts record-breaking sales from Black Friday thru Cyber Monday, but does not share revenue numbers.
