LinkedIn to Shutter Professional Networking Platforrn in China

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

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

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: Raising Money, Ransomware and Rivals

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 $3.94B 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

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 Will Acquire Mailchimp for $12B in Cash and Stock Deal

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: Raising Money, Ransomware and Rivals

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

Five on Friday: Monopolies, Music and Microsoft

The DOJ prepares to sue Google, Microsoft launches a personalized news service, and Hulu to raise prices.

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