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Peloton concluded its fiscal year 2021 with slowing revenue growth and a net loss of $(313.2) million or $(1.05) per diluted share.
Amazon and Affirm announced they are partnering to offer buy-now-pay-later payment options to select shoppers on purchases over $50.
Apple has agreed to make major updates to App Store policies to settle a class-action lawsuit with U.S. developers.
Streaming isn’t just for entertainment. In conjunction with its Dreamforce conference, Salesforce is launching Salesforce+ for business content.
Video conferencing platform Zoom settled a class action privacy lawsuit for $85 million. Zoom admits no wrongdoing.
YouTube tests ‘Premium Lite’ subscription for cheaper ad-free viewing, Walmart offers subscriptions through Adobe partnership, The Guardian plans to hit 2M subscribers by 2022.
Apple reported record revenue of $81.4B in the third quarter of fiscal 2021, a 36% increase year-over-year.
Amazon reports net sales of $113.1B in Q2 2021, a 27% increase, including subscription revenue of $7.9B.
GM sues Ford over possible trademark infringement, NBC intentionally limits Peacock’s Olympics coverage, and Sports Illustrated signs podcast deal with iHeartMedia.
Gannett is in the NFT business, Clubhouse is no longer an invitation-only club, Warner Bros will produce 10 films just for HBO Max next year.
