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Five on Friday: Hinge to launch $60 tier, Amazon shutters AmazonSmile program, YouTube tests Listening Room.
Spotify announced they will layoff 600 employees, or about 6% of employees, and make leadership changes.
Amazon expands its pharmacy footprint with the introduction of the RxPass membership for $5 a month.
Microsoft’s growth slowed in the second quarter of fiscal year 2023 with a 2% increase in total revenue.
Google and Alphabet announced it would layoff 12,000 employees, with some layoffs effective immediately.
This week’s subscription news headlines feature newspaper closures, the refill economy and raising capital.
Microsoft announced this week it will cut 10,000 jobs by the end of March and take a $1.2B hit for restructuring.
Apple had a strong year in Services, Amazon expands Buy with Prime, and creators are nervous about a TikTok ban.
Amazon’s Thursday Night Football missed viewership estimates by 25%, disappointing advertisers.