The Federal Trade Commission is looking into the complex and potentially unfair economics and policies of the gig economy for “deceptive, unfair, and otherwise unlawful acts and practices.” Whether it’s forced arbitration, labor misclassification, or algorithmic pay and job distribution, the agency says it will go after any dubious tactics that hurt workers. To be […]
Facebook this year has been struggling to maintain its position among the Top 10 apps on the U.S. App Store, according to an analysis of iPhone App Store data. As younger consumers shift to newer social networking experiences like TikTok and now BeReal, the tech giant’s big blue app has lost traction in the App […]
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 […]
Russia fined Google 21.1 billion rubles ($374 million) on Monday for repeatedly failing to “remove prohibited information” — content related to the country’s invasion and subsequent war in Ukraine. The country’s telecommunication watchdog Roskomnadzor cited a court order and said Google (particularly YouTube) didn’t take down content that discredited “the Armed Forces of the Russian […]