VICE Media Group filed for bankruptcy this week. An investment group that includes VICE lenders has made a $225M bid to buy the company.
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FlexPay and PYMNTS release a new subscription business report, Vice can’t find a buyer and Parler lays off staff.
Apple is now valued at $2 trillion, TIME reports strong digital growth in Q2, and ESPN+ raises its price and adds more content.
BMW explores in-car subscriptions for smart, connected services; Sony sued by game developer for royalties; and Cash App might be worth more than Square.
Business news site Quartz is laying off 80 employees and emphasizing its membership model as part of a larger restructuring.
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