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Spotify has 188 million Premium users, but continues to lose money
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Shopify laying off 10% of staff as explosive pandemic growth fizzles
Affected staff being notified today
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Russian-born billionaire dumps Musk investments after wife’s affair – WSJ
The spouse of Google co-founder Sergey Brin reportedly had a liaison with his friend Elon Musk
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Twitter spent $33m in three months on Elon Musk deal
Twitter spent $33m (£27m) on Elon Musk's proposed deal to buy the firm between April and June 2022.
By Editors Desk
Latest Business
Amazon to Buy One Medical for $3.49 Billion in All-Cash Deal
Deal would be company’s third-largest after Whole Foods, MGM. One Medical operates medical clinics in markets across the US
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Netflix’s shock result leads to price surge
Netflix has just lost almost a million subscribers. But the surprising result has led to a surge in its stock price.
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Netflix only loses 970,000 subscribers in second quarter after warning of loss of 2 million
Netflix warned that it could lose 2 million subscribers during the quarter.
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Twitter court case versus Elon Musk will go ahead by October, judge rules
Twitter had sought short, fast trial, while Musk wanted February court date in lawsuit over failed merger
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Advertisers Were Locked Out of Netflix for Years. Now They Have Big Plans.
Hyundai, Peloton hope to have their products featured in Netflix shows
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Euro Slips Below Dollar as Europe’s Economic Fortunes Slump
Currency falls as fears of Russian gas cutoff shake the bloc’s economy
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Why Netflix Chose Microsoft to Power Its Advertising Ambitions
The ability to provide privacy, combined with an established ad tech stack through Xandr, and a strong ability to iterate quickly, helped push the computing giant over the finish line.
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Netflix reveals key detail about cheaper prices
Netflix has made a significant decision in its moves to introduce a cheaper, advertising-supported subscription tier.
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Netflix, Microsoft to Team Up for Streaming Ad Sales
At launch, consumers will have more options to access Netflix’s award-winning content.
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Twitter sues Elon Musk, seeking enforcement of $64 billion deal to buy the social media company
A bitter legal fight has begun, with social media giant Twitter suing Elon Musk in an effort to force him to go through with a $64 billion deal.
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Dollar stronger than euro for first time in 20 years
The US currency traded above the euro on the Russian exchange
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Twitter says Musk’s request to terminate the deal is invalid
Twitter’s lawyers said in a letter on Monday that Elon Musk’s effort to terminate the acquisition is “invalid and wrongful.”
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Twitter drops 5.6% after Elon Musk walks away from $44 billion takeover bid and a legal battle brews
This isn't the first time that Musk has expressed concern about the number of fake accounts on Twitter.
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Twitter, Elon Musk Set for Unprecedented Legal Battle Over Deal Collapse
Two sides expected to battle over $44 billion deal in Delaware court
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Twitter says it will sue Elon Musk after he sends letter seeking to end $44B acquisition deal
Tesla CEO's lawyer cites not enough data from Twitter on 'fake or spam accounts'
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Pinterest CEO steps down, Google executive to take over in e-commerce push
Social-media company hopes a new CEO will inspire users to spend and investors to buy
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