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Mercedes lowers pricing for EV acceleration, Elon Musk threatens to reassign @NPR, and Snapchat and TikTok are launching new ad products.
Disney lost 4M direct-to-consumer streaming subscribers during the second quarter of fiscal year 2023.
Twitter Blue is hemorrhaging subscribers, Apple Music Live returns for a new season, and Peloton is relaunching and rebranding.
Weight loss company Jenny Craig is shuttering its subscription-based business, due to lack of financing. About 1,000 employees lost their jobs.
TurboTax parent Intuit will pay $141 million to settlement claims it deceived consumers, making them pay to file taxes when they were eligible for free
Dropbox is laying off approximately 500 employees, or 16% of their workforce. The CEO cites slowing growth, an uncertain economy and AI as reasons for
Apple hits an all-time record in Services revenue and a record Q2 record for iPhone sales for its second quarter of fiscal year 2023.
Hulu turns 15, Amazon exits the Halo business, and Clubhouse axes 50% of staff for the audio app.
Ecommerce service provider Shopify announced it will reduce its workforce by 20% and sell Shopify Logistics to Flexport.
Google launches a Reader Revenue Manager, YouTube reveals promo pricing for NFL Sunday Ticket, and Marvel will shutter Marvel Comics app.
