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Tech News

July 24, 2019

Facebook Agrees to New FTC Privacy Oversight, Will Pay $5 Billion Fine Under 20-Year Settlement

Facebook, under a 20-year settlement with the FTC over privacy violations, will pay $5 billion and submit to new regulatory oversight …

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Snap Stock Skyrockets as Company Adds 13 Million Daily Active Users in Q2

The company says its rebuilt Android app did a much better job at retaining users.

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WarnerMedia Drives AT&T Growth in Q2, as HBO and DirecTV Lose Subscribers

WarnerMedia revenue grew 5.5% in Q2 2019, while AT&T's DirecTV again posted subscriber losses and HBO shed U.S. customers.

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AT&T Chief: HBO Max Will 'Ultimately' Offer Live News, Sports

AT&T chief Randall Stephenson told investors Wednesday that the HBO Max streaming service set to launch next spring will eventual …

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Netflix Target of Shareholder Lawsuits After Q2 Subscriber Shortfall

At least two lawsuits filed on behalf of Netflix stockholders have been filed after the company missed Q2 subscriber numbers.

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SAG-AFTRA Signs Netflix Deal With Expanded Coverage

SAG-AFTRA and streaming giant Netflix have agreed to a new three-year contract with expanded coverage for union performers.

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Zefr Sells Its Copyright-Flagging and YouTube Channel-Management Businesses to Vobile for $90 Million

Vobile Group announced a deal to acquire Zefr's RightsID and ChannelID copyright tracking and management businesses for $90 million. …

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In Depth

Listen: Cheddar Founder Jon Steinberg on Altice Sale, Building News Brands

Jon Steinberg, founder and CEO of Cheddar and president of Altice News, likens the process of developing digital media companies to " …