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In its fourth quarter fiscal year 2020 earnings results, Apple reported record revenue of $64.7 billion in product sales and services revenue.
Nestlé is acquiring meal subscription service Freshly for $950 M with the potential for an additional payout of $550 M based on growth.
Streaming video subscription service Netflix is raising prices $1 to $2 per month for U.S. subscribers, just weeks after halting free trials.
Last week, Amazon posted its third quarter financial results, including net sales of $96.1 billion, a 37% increase year-over-year.
Salt Lake Trib to move to weekly print paper, GoCardless partners with Brompton’s bike service for payments, ESPN puts more content behind paywall.
The FCC officially repeals net neutrality, YouTube launches “Shorts,” a rival to TikTok, and Netflix is testing an audio-only mode.
E-bike subscription service DANCE announced that it had raised $17.8 million in series A funding less than three months after its launch.
In its Q1 FY21 earnings release, Microsoft reported total revenue of $37.2B, a 12% increase and net income of $15.9B, a 25% increase.
This week Facebook announced the launch of a new cloud gaming service that is free-to-play now but could evolve into a subscription service.
