Substack is acquiring Cocoon, a subscription-based social app. Cocoon will remain independent.
The New York Times Co. is putting its Wirecutter product review site behind a metered paywall.
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.
Fair abandons the car subscription model, OnlyFans reverses courses to allow sexually explicit content, and Substack partners with OpenNote to accept Bitcoin.
LitPic, a new social network designed specifically for creator monetization, announced a $1.5M seed round.
WW International, formerly Weight Watchers, finished the second quarter of fiscal year 2021 with 4.9M subscribers, including 4.1M digital subscribers.
Spotify is testing a less expensive, ad-supported tier, Spotify Plus, for as low as $0.99 a month.
Video conferencing platform Zoom settled a class action privacy lawsuit for $85 million. Zoom admits no wrongdoing.