Communication Services

News section dedicated to Communication Services.
12.Aug.22 6:27 PM

Peloton laying off 784 employees as it looks to reduce costs

In addition to a memo from chief executive Barry McCarthy, Peloton is laying off 784 employees as the fitness giant tries to cut costs and improve efficiency.
12.Aug.22 5:56 PM

CEO David Ko says he's not immune to economic uncertainty

In staff from CEO David Ko, Calm laid off 20% of its roughly 400-person workforce.Rogue Calm's mission to make people happier and healthier has never been more tested over the past few years.
12.Aug.22 5:03 PM

inspired Entertainment makes $370 million takeover offer for slot machine maker PlayAGS

According to people familiar with the matter, Inspired Entertainment has made a $370 million offer to acquire slot machine maker PlayAGS Inc. Cerberus has offered $10 per share in cash to acquire PlayAGs, according to the sources.
12.Aug.22 4:56 PM

Peloton faces lawsuit over music streaming charges

A U.S. judge has said Peloton Interactive must face a proposed class action lawsuit accusing the bike and treadmill maker of misleading customers about the ever-growing size of its library of on-demand fitness classes.
12.Aug.22 4:52 PM

AppLovin to buy Unity Software in $17 billion deal

Mobile marketing company AppLovin announced on Tuesday that it has made an offer to buy gaming giant Unity Software in a $17.54 billion all-stock deal.
12.Aug.22 4:52 PM

Google faces lawsuits over private browsing mode

In May, Texas Attorney General Ken Paxton filed a lawsuit against Alphabet s Google claiming that the Google search engine still collects data on users who think they can be anonymous if they use a private browsing mode.
12.Aug.22 4:08 PM

Telus wants to charge customers a credit card fee starting in October

Telus wants to charge customers a fee for paying their bills with a credit card. massacres has said the CRTC for approval to charge a 1.5% fee starting in October.