UK’s CMA Investigates Amazon and Google for Potentially Fake Online Reviews
The UK's CMA is investigating whether Amazon and Google are doing enough to stop false and misleading online reviews.
Integrity of Tribune Publishing Sale to Alden Global Capital Called into Question
Hedge fund Alden Global Capital has completed its $633 million deal with Tribune Publishing, but a lot of questions remain about the integrity of interested parties and the sale itself.
Amazon Settles with FTC for $61.7M for Unpaid Driver Tips
Amazon has agreed to settle an administrative complaint by the FTC for $61.7M to pay drivers for tips.
Weekly Subscription News: Hiding, Fighting and Expanding
Axios Local on pace to generated $5M in 2021; Peloton offers big subscription discounts; and Gannett fights FBI subpoena to ID readers of a USA Today article.
Five on Friday: Creator Revenue, Internet Outages and Antitrust
Facebook won't take a cut of creator revenue till 2023; Google fights back against antitrust allegations; and Pres. Biden reverses TikTok and WeChat bans.
MoviePass Agrees to Settle with FTC Over Deceptive Business Practices
The FTC announced Monday that MoviePass, its parent company and principals agreed to an administrative settlement due to their deceptive business practices.
Weekly Subscription News June 5: Winners, Waiting and Safe-for-Work
Beachbody reports revenue gain ahead of merger, Apple delays launch of Podcasts Subscription, and Headspace to launch podcast channel and sleep subscription.
Five on Friday: Fundraising, Investigating and Suing
Piano raises $88M, Epic Games and Apple face off in court, CMA looks at auto-renewal practices of anti-virus software companies.
D.C. Attorney General Files Antitrust Lawsuit Against Amazon
The attorney general of the District of Columbia filed an antitrust lawsuit against Amazon on Tuesday, making it the first antitrust case against Amazon.
Three Shareholders Sue Tribune Publishing to Block the Sale to Alden Global Capital
In separate legal actions, three shareholders hope to block the sale of Tribune Publishing to Alden Global Capital.
