LinkedIn to Shutter Professional Networking Platform in China
Later this year, LinkedIn will shutter its professional networking platform in China and replace it with a standalone InJobs app.
Mindbody Announces Acquisition of ClassPass and $500M Investment
Last week, Mindbody announced its acquisition of ClassPass and a $500 million investment from Sixth Street.
Five on Friday: Eating, Expanding and Evolving
Hulu teams up with Uber Eats, Fox Nation offers discount to first responders, and HBO Max expands into Europe.
Amazon-Owned Twitch Is the Victim of 125GB Data Breach
Last Wednesday live streaming service Twitch was hacked, leaking a 125GB torrent including creator payout data.
Weekly Subscription News: Agreements, Acquisitions and Outages
Facebook CTO apologizes for outage; Chargebee acquires RevLock; Twitch and NMPA finally reach an agreement.
Adobe Reports Record Revenue of $3.94B in Q3 FY2021
Adobe reports record revenue of $3.94 billion for Q3 of FY2021, representing 22% growth year-over-year.
Five on Friday: Purchases, Podcasts and Permanent Shut Downs
A judge shuts down Locast, YouTube tries podcasting, and Zoom reveals new features at Zoomtopia 2021.
Intuit to Acquire Mailchimp for $12B in Cash and Stock Deal
Intuit confirmed Monday they are acquiring customer engagement and marketing platform Mailchimp in a $12B deal.
Weekly Subscription News: Printing, Promising and Paying
Shutterstock buys PicMonkey for $110M, DocuSign raises full year guidance, and Hot Pod will be The Verge's first paid product.
Five on Friday: Monopolies, Music and Microsoft
The DOJ prepares to sue Google, Microsoft launches a personalized news service, and Hulu to raise prices.
