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For the first quarter of fiscal year 2023, Microsoft reports revenue of $50.1B but a decline in net income.
Last week, tech giant Microsoft announced companywide staff layoffs for the second time this year.
Andrew Cuomo to launch subscription podcast, Discord rolls out $3/month Nitro subscription, NJ regulates automatically renewing subscriptions.
The CFPB is suing ACTIVE Network for illegally charging over $300M in junk membership fees.
Honda is working on EV subscriptions, Blue Apron sells on Amazon, Peacock grows to 15M subscribers.
After a rocky start to 2022, Netflix reported a solid Q3 with increases in revenue, operating income and membership.
Kanye Yest, who now goes by Ye, plans to purchase Parler, an alternative, conservative social media platform.
The House passes the PRESS Act, Amazon freezes retail hiring til year end, GoPuff raises delivery fees.
Facebook users can customize their feeds, YouTube is testing a premium offering for 4K viewing, Spotify trims podcast team.
Amazon plans to hire 150,000 workers to help with package deliveries this holiday season.

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