SaaS and Cloud Services
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A week after Amazon settles an FTC COPPA case for $25M, Microsoft Xbox settles a COPPA case for $20M.
YouTube retires YouTube Stories, Gen Z leads the decline in subscription renewals, and WaPo targets younger readers by accepting Venmo payments.
Amazon agreed to a $30 million settlement with the FTC to resolve two privacy complaints against them for their Ring and Alexa products.
Paramount lays off 25% of its staff, Apple shares small developer success stories, and Best Buy revamps its membership program.
The European Commission approves Microsoft’s $69B deal to buy Activision Blizzard, provided Microsoft follows through on proposed remedies to address the Commission’s concerns.
Elon Musk announced he has hired a new CEO with a strong advertising background – Linda Yaccarino.
Twitter Blue is hemorrhaging subscribers, Apple Music Live returns for a new season, and Peloton is relaunching and rebranding.
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.
