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The UK’s CMA has directed Facebook to sell GIPHY due to antitrust concerns. Facebook refutes the claims.
Butter raises $7M to help subscription companies lower involuntary churn; PlantX launches new subscription service; The Athletic continues search for a buyer.
Afterpay follows Klarna’s leads, Comcast may ditch Hulu, Disney is betting money on sports.
Five major textbook publishers are suing Shopify for allegedly violating copyright laws by selling PDFs of textbooks without authorization.
Learn how Daniel and Sigalit Somech successfully bootstrapped a subscription service for kids during COVID.
Match Group swipes right, agreeing to pay Tinder $441M in cash to settle a valuation lawsuit.
The Seattle Times has launched a Save the Free Press site to raise awareness of the need to support local journalism and save it from
Jack Dorsey announced he is resigning as CEO of Twitter effectively immediately. He’ll remain on the board until May.
Hedge fund Alden Global Capital has made an unsolicited cash offer to buy Lee Enterprises.
Literati wants creators to launch book clubs, Recurly on pace to hit $10B in payments volume, Nokia to launch cloud-based SaaS.