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The Federal Trade Commission proposed a $61.7 million settlement with Amazon for tips the company did not pass along to drivers.
Tidal’s revenue grows but still has losses, NYT Cooking kicks off ad campaign to leverage growth, and members-only services help restaurants and luxury travel survive.
Peloton announced its plan to buy Precor, a larger global fitness equipment manufacturer, in a deal valued at $420 million.
Winc wines grows under the power of influencers, CBS All Access adds more kids’ programming and Franklin Covey’s model survies the pandemic.
Between Black Friday and Cyber Monday 2020, Amazon sellers surpassed $4.8 billion in sales, the biggest holiday shopping season ever.
Gumroad launches monthly memberships, developers can now use subscription codes in their apps on Apple, and YouTube launches audio ads.
Ecommerce giant Amazon announced the launch of Amazon Pharmacy for home delivery of prescriptions as well as a prescription savings program.
Zoom will remove time limits on Thanksgiving, TikTok gets a temporary reprieve, and Squarespace adds new monetization options.
Streaming video subscription service Netflix is raising prices $1 to $2 per month for U.S. subscribers, just weeks after halting free trials.
Last week, Amazon posted its third quarter financial results, including net sales of $96.1 billion, a 37% increase year-over-year.

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