SaaS and Cloud Services

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Spotify stops producing Car Thing, Amazon to discontinue Amazon Drive, Apple grows to 860M subscribers.
After backlash from users including the Kardashians, Instagram has agreed to roll back recent changes.
Apple posted record Services revenue in multiple categories during the third quarter of fiscal year 2022.
Amazon reported mixed results for Q2 2022, including a $2.0 billion net loss, or $(0.20) diluated eps.
Not all Netflix shows will be available in ad-supported tier, Facebook copies TikTok, and The Guardian reports strongest financials since 2008.
Netflix selected Microsoft as its exclusive advertising technology and sales partner for its ad-supported subscription.
Despite challenging macroeconomic circumstances, Microsoft saw 12% revenue growth for Q4 FY22.
Vox is the world’s top publisher on YouTube, Google confirms indexing problem on Search, Slack to raise prices.
Elon Musk and Twitter battle over their $44 billion merger agreement. Musk tries to back out; Twitter sues.
Shopify completes Deliverr acquisition, Apple’s lockdown mode combats spyware, news engagement fizzles.

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