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Five on Friday this week spotlights a Netflix study that shows users will cancel subscriptions over potential price hike, the changing landscape of news
UFC releases 3 original series, TikTok and Meta look at ad-free subscriptions, and Amazon Fresh lowers the threshold for free delivery.
Meta announced they will remove the Facebook News tab in the UK, France and Germany in early December.
Draft regulations for Canada’s Online News Act were released last week. Meta qualifies for an exemption if they pay $60M.
Last week, Threads launched a web app for the new social media platform, hoping to attract and retain users.
Meta is removing access to news on Facebook and Instagram in Canada as a result of the Online News Act.
Last week, Meta reported a strong second quarter of 2023 with double-digit revenue and net income increases.
Meta experiments with an app store in the EU, TikTok expands ecommerce, NBCUniversal adds more FAST channels.
Meta launched its own Twitter rival, Threads, on Wednesday. In 24 hours, the social media app had 30M users.
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