Digital platforms could be hit with huge fines for failing to protect consumers from subscription traps and online scams, a new UK regulator has said. The Digital Markets Unit (DMU) will be given new powers to ensure that online customers and businesses are not unfairly disadvantaged by the biggest players. Firms deemed to have “strategic…

Twitter-owner Elon Musk said on Thursday users of the social media platform will be able to offer their followers subscriptions to content, including long-form text and hours-long video. Users offering the subscription, a feature they can access through the “Monetization” tab in settings, will get all the money subscribers pay apart from the charges platforms…

Meta Platforms Inc. on Friday launched its subscription service in the U.S., which would allow Facebook and Instagram users pay for verification in the same vein as Elon Musk-owned Twitter. The Meta Verified service will give users a blue badge after they verify their accounts using a government ID and will cost $11.99 per month…

Twitter Inc. said on Wednesday it was offering an annual plan for its subscription service called Twitter Blue, which includes its sought-after “verified” badge, at a discount to its monthly price. Users can subscribe to the service for an annual price of $84, instead of a monthly subscription price of $8 on the web and…

During the first COVID-19 lockdown, subscription businesses witnessed unprecedented growth. From coffee to cars—nothing was off-limits, and subscriptions went from a revenue strategy to a movement. Thanks to the unlimited supply of recurring revenue adrenaline, investors’ love for subscription businesses only grew by leaps and bounds. Then suddenly, the world woke up from its stupor….

NEW YORK—Noom Inc. reached a $62 million settlement of a lawsuit accusing the weight loss app provider of tricking customers into signing up for “risk-free” trial periods only to force them into automatic, costly renewals that were difficult to cancel. The preliminary settlement filed on Friday night in Manhattan federal court calls for Noom to…

Alphabet Inc.’s Google on Tuesday announced the newest iteration of its smartphone—Pixel 6 and Pixel 6 Pro—which will be powered by the company’s first chip called Tensor. The tech giant also launched Pixel Pass, a subscription service starting at $45 per month for U.S. customers that will include the Pixel 6 and access to the…

Dear readers, Media outlets in America are dividing our nation by pushing false narratives and spinning the facts. Honest news, without hidden agendas or corporate control, is now more crucial than ever. We appreciate all the feedback you send us about how much you like our traditional approach to reporting the news. Our team works…

When one thinks of subscription services, the first thought that comes to mind is newspapers or magazines. While periodicals may have established the subscription model over a century ago, more and more businesses are successfully adopting it. From razor blades to socks, the subscription service model is more popular than ever. If your business is…

Twitter is considering adding subscription fees as the company looks at diversifying its income streams. “Increasing revenue durability is our top company objective. You will see us continue to research and experiment with ways to further diversify our revenue beyond ads in 2021 and beyond,” Bruce Falck, revenue product lead at Twitter, said in a…