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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.
Merchants can avoid payment problems, friendly fraud and chargebacks with these best practices from Visa.
Amazon boasts record-breaking sales from Black Friday thru Cyber Monday, but does not share revenue numbers.
The UK’s CMA has directed Facebook to sell GIPHY due to antitrust concerns. Facebook refutes the claims.
Butter raises $7M to help subscription companies lower involuntary churn; PlantX launches new subscription service; The Athletic continues search for a buyer.
Five major textbook publishers are suing Shopify for allegedly violating copyright laws by selling PDFs of textbooks without authorization.
