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.

The New York Times on Wednesday filed a lawsuit against Microsoft and OpenAI, the company behind popular AI chatbot ChatGPT.

Excessive ads, bots and misinformation have sucked the fun out of sharing publicly, users say
#America #LINK|i2-WP-WSJ-0001448537 #LINK|i3-WP-WSJ-0001448537 #LINK|i4-WP-WSJ-0001448537 #LINK|i5-WP-WSJ-0001448537 #Living/Lifestyle #Media/Entertainment #Meta #News #North #Online #Personal #Platforms #Platforms/Tools #Political/General #Providers #SYND #Service #Shaarli💫 #States #Technology #United #WSJ-PRO-WSJ.com #entertainment #general #lifestyle #living #media #political #social #tools #wsjlifework 📱

Google News is downsizing at a particularly contentious moment in the way news is handled by major online platforms.
#Alphabet #Breaking #C #Class #Google #Inc #Internet #Jobs #Layoffs #Media #Meta #News: #Pichai #Platforms #Shaarli💫 #Sundar #Technology #business #news 📱

Disney CEO Bob Iger said Thursday on CNBC that the company will cut back on its content creation for major franchises Marvel and Star Wars.

Disney and Microsoft both closed projects tied to the metaverse this month, while Facebook parent Meta focuses on artificial intelligence.

YouTube TV is Google's cable replacement. It provides access to live TV and cable channels, delivered through an internet connection.

Carlos Watson, the CEO of scandal-ridden Ozy Media, has been charged with fraud and identity theft charges.

More than 450 million people use Spotify, and almost 200 million people pay for it. But it still loses money.

The new-media company has been in sale talks with Greek broadcaster Antenna Group and has sought a valuation of around $1.5 billion.

Finance head Christine McCarthy told directors of her lack of confidence in the CEO after a calamitous November earnings call.

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

WASHINGTON (AP) — Twitter's former security chief told Congress Tuesday there was “at least one agent” from China's intelligence service on Twitter's payroll and that the company knowingly allowed India to add agents to the company roster as well, potentially giving those nations access to sensitive data about users.

Paramount Global reported this morning that its streaming service Paramount+ had a net add of 3.7 million subscribers to bring its global total to 43.3 million, up from 39.6 million last quarter. The total would have been 4.9 million subs if it had not been for the removal of 1.2 million Russian subscribers due to […]

During the three-month period ending June 30, Netflix reported a loss of only 970,000 subscribers. Last quarter, the company had a weak outlook for the second quarter and predicted a net loss of two million subscribers. While today’s results beat the projection, it is still the largest quarterly loss in the company’s history. The company […]