Disney now matches Netflix’s subscriber numbers across its combined services

Disney+ has welcomed 12.1 million new subscribers for the company’s fourth fiscal quarter ending on October 1st, and according to Yahoo Finance, that’s 3 million more than analyst estimates. In all, Walt Disney added 14.6 million subscriptions for Disn…

Crypto giant Binance is buying its rival FTX following a very public dispute

Two of the largest crypto exchanges have just announced one of the stranger tech mergers in recent memory (and that’s saying something). Binance plans to acquire its rival FTX after a brief but very public dispute. As Bloombergexplains, Binance CEO Cha…

Nintendo lowers Switch sales forecasts but still expects a healthy year

Nintendo has announced a solid quarter of earnings, with revenue for the quarter at 349.5 million yen ($2.38 billion) and a 118.7 million yen ($809.6 million) operating profit. That’s up by 15.9 and 18.5 percent over last year, largely in part due to a…

Meta will reportedly announce ‘large-scale’ layoffs next week

Facebook parent company Meta could announce large-scale layoffs as early as next week, according to The Wall Street Journal. The outlet reports the company is planning to cut “many thousands” of employees, with an announcement coming as soon as Wednesd…

Feds charge former MoviePass execs with securities and wire fraud

The former executives in charge of MoviePass have been indicted in what the Justice Department calls “a scheme to defraud investors.” Ex-MoviePass CEO J. Mitchell Lowe and Theodore Farnsworth, who used to be the chairman of the service’s former parent …

Elon Musk is officially the CEO of Twitter (for now)

Now that Elon Musk owns Twitter, he’s officially taking the reins as CEO — for the moment, anyway. Twitter has made an amended filing with the Securities and Exchange Commission indicating that Musk is “the Chief Executive Officer” of the social networ…

Elon Musk is officially the CEO of Twitter (for now)

Now that Elon Musk owns Twitter, he’s officially taking the reins as CEO — for the moment, anyway. Twitter has made an amended filing with the Securities and Exchange Commission indicating that Musk is “the Chief Executive Officer” of the social networ…

Google buys an AI avatar startup to take on TikTok

Google has quietly acquired a startup that was working on using AI to generate avatars for social media users and brands. According to TechCrunch, the company recently paid about $100 million to buy Alter. The acquisition went through about two months …