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Amazon reports net sales of $113.1B in Q2 2021, a 27% increase, including subscription revenue of $7.9B.
Spotify reported subscriber and revenue growth in the second quarter of 2021, ahead of expectations.
Microsoft finished fiscal year 2021 strong, driven by double-digit growth in cloud services.
SiriusXM announced the launch of a new subscription tier – the Platinum VIP package – a comprehensive subscription with special perks and exclusives.
In its Q2 2021 financials, AT&T’s WarnerMedia reported strong revenue and subscriber growth, driven by HBO Max.
Amazon explains reviews, Amora Coffee celebrates 10 years, and Slate turns advice columns into cash.
Netflix finishes the second quarter of 2021 with 209 million paid members, ahead of forecast.
Netflix plans to add video games to its streaming platform in 2022, helping the company expand reach and diversify revenue.
Trump sues Facebook, Twitter and Google for censorship; FTC opens probe of Amazon’s proposed purchase of MGM; Apple shows an interest in NFL Sunday Ticket.
Google hopes to attract more Stadia game developers with financial incentives including a 70% revenue share for new games.
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