Netflix's ad-supported tier, which launched in November 2022, has reached 70 million global monthly users.

Earnings reports this week from Meta, Alphabet and Snap showed a solid recovery in the online ad market.

Apple and its iPhone and App Store business have been eyed by the Department of Justice, which previously filed antitrust suits against Google.

Apple has the wherewithal to launch its own search engine, a replacement for Google. And Microsoft even approached the company about helping make that happen. Also: Apple addresses iPhone 15 overheating as complaints mount, Meta launches the Quest 3, and Peloton teams up with Lululemon.
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More than 450 million people use Spotify, and almost 200 million people pay for it. But it still loses money.

CEO Andy Jassy is leading the review including the devices unit, which includes Alexa and has had an annual operating loss of $5 billion in some recent years, documents show.

The social-media giant’s planned cuts are expected to affect many thousands of its workforce, which exceeded 87,000 as of September.

Meta is increasing its ad load on Instagram with the launch of two new ad slots on Explore and in the profile feed.

Using dozens of satellites to show images and words visible on Earth could be not just possible, but profitable, according to a new study.

The average contract price for a major type of memory fell by 10.6% in the second quarter and prices are expected to decline even more in the coming months.