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The UK’s CMA has directed Facebook to sell GIPHY due to antitrust concerns. Facebook refutes the claims.
Five major textbook publishers are suing Shopify for allegedly violating copyright laws by selling PDFs of textbooks without authorization.
Jack Dorsey announced he is resigning as CEO of Twitter effectively immediately. He’ll remain on the board until May.
Hedge fund Alden Global Capital has made an unsolicited cash offer to buy Lee Enterprises.
Literati wants creators to launch book clubs, Recurly on pace to hit $10B in payments volume, Nokia to launch cloud-based SaaS.
Substack hits 1M paid subscriptions, Tripadvisor finds and removes 1M fraudulent reviews, The Economist auctions ‘Rabbit Hole’ NFT for 422K
Aptitude Software Group acquires cloud-based subscription management and billing platform MPP Global.
In Q3 2021, The New York Times grew to 8.38M paid subscribers, including 7.6M paid digital-only subscribers.
Apple Subscription Podcasts secures 2 podcast partners, FTC wants to stop deceptive subscription practices, The Atlantic launches paid newsletters.
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