After Apple's threats, Patreon memberships via its iOS app will be subject to Apple's 30% fee from November 2024; creators must switch to subscription billing
if you're paying with iPhone Hamish McKenzie / On Substack : The price of payments — Today, Patreon is in the unenviable position of explaining to creators … Ashley King / Digital Music News : The ‘...
The RIAA sues AI music services Suno and Udio over alleged mass copyright infringement and claims they are trying to “hide the full scope of their infringement”
here's what it means Ben's Bites : Major labels are suing AI music startups Suno and Udio Andy Maxwell / TorrentFreak : RIAA Sues Suno & Udio AI Music Generators For ‘Trampling’ on Copyright Markus Ka...
Match Group reports Q2 revenue up 4% YoY to $830M, vs. $811M est., paying users down 5% YoY to 15.6M, and forecasts Q3 revenue above estimates
Earnings Preview Claudia Assis / MarketWatch : Match Group stock rallies 14% after company swings to profit, revenue rises 4% Jesse Levine / Bloomberg : Match Surges After Revenue Beats Estimates on T...
Match Group plans to launch gay dating app Archer in NYC, LA, and DC in the coming months, the company's first gay-specific app for men
Jessica Bursztynsky / Fast Company :
Sources: Lyft plans to lay off 1,200+, or 30%+ of its 4,000+ staff, days after its new CEO took over, aiming to cut its costs by 50%; Lyft cut ~700 jobs in 2022
at least 30% of its staff. It's struggling to keep up with Uber. Lynn Doan / Fortune : ‘We need to bring our costs down’: Lyft plans to slash another 1,200 jobs after losing ground to rival Uber and s...
Match Group misses on Q2 revenue up 12% YoY to $795M, vs. $804M est., and paying users up 10% YoY to 16.4M, vs 16.5M est.; stock down 22% on stymied growth
The second quarter of 2022 was an exciting one for Match Group. Eric J. Savitz / Barron's Online : Match Stock Crumbles. Earnings and Outlook Fell Short. TechCircle : Tinder CEO Renate Nyborg steps do...
Match Group expands its partnership with Garbo to offer background checks to users on its Match and Stir dating apps, after offering it to Tinder users in March
Jessica Bursztynsky / CNBC :
Meta says it will change its stock ticker symbol to “META” prior to the market open on June 9
Jessica Bursztynsky / CNBC :
Airbnb Q1: nights and experiences up 59% YoY to 102.1M, vs 100.9M est., revenue up 70% YoY to $1.51B, vs $1.45B est., and a $19M net loss, down from $1.2B YoY
Jessica Bursztynsky / CNBC :
Spotify rolls out an advisory for content that mentions COVID-19, two months after promising the feature amid controversy over Joe Rogan's podcast
Jessica Bursztynsky / CNBC :