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The UK’s CMA has directed Facebook to sell GIPHY due to antitrust concerns. Facebook refutes the claims.
Hedge fund Alden Global Capital has made an unsolicited cash offer to buy Lee Enterprises.
Amazon says it will stop accepting UK-issued Visa credit cards as of Jan. 19, 2022 due to high transaction fees.
Streaming music subscription service TIDAL breaks its premium-only mold by adding an ad-supported, free subscription tier.
Substack hits 1M paid subscriptions, Tripadvisor finds and removes 1M fraudulent reviews, The Economist auctions ‘Rabbit Hole’ NFT for 422K
Meta-owned Instagram is quietly working on a creator subscription service.
Apple announced it is testing a Business Essentials subscription to help small businesses manage Apple devices.
Aptitude Software Group acquires cloud-based subscription management and billing platform MPP Global.
In Q3 2021, The New York Times grew to 8.38M paid subscribers, including 7.6M paid digital-only subscribers.