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Amazon settles antitrust allegations with the European Commission to avoid a multibillion-dollar penalty.
Wine club membership company Winc filed for Chapter 11 bankruptcy. In business for 10+ years, the company never turned a profit.
The FTC is trying to block Microsoft’s $69B all-cash acquisition of Activision Blizzard.
This week in Five on Friday, platforms are wrapping things up. Spotify brought back Wrapped, and gave us their own Wrapped as well! Twitter delays
Password manager LastPass suffers second data breach, which they call a “security incident,” of the year.
Amazon reports the five-day Thanksgiving weekend generated the biggest holiday shopping weekend ever.
Americans spend $9.12B online on Black Friday in 2022, a 2.3% increase over Black Friday sales in 2021.
On Sunday, Disney made a surprise announcement, pulling Bob Iger out of retirement to serve as CEO once again.
Amazon CEO Andy Jassy confirms widely-reported layoffs, noting they will continue into 2023.
Google rolls out user choice billing, Netflix will livestream their 1st comedy special, and Roku adds a sports hub.

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