1. Reuters Goes Subscription Mode Aims To Launch Newsletter Soon (NYT)
Reuters, with 41 million unique visitors a month to its site announced the new paywall on Thursday, which will cost $34.99 a month after registration and preview period. Apart from revamping its website, Reuters aims to start a newsletter for professionals looking for context and analysis.
2. Facebook To Test Business Discovery Feature For US Audience (TechCrunch)
Facebook is testing a new feature on business for its US audience through its news feed. Readers can tap on topics of their interest placed beneath ads and posts in their News Feed to explore related content from businesses. The idea is to direct users to related businesses through a ‘News Feed’ feature when they take a specific action to discover related content.
3. Amazon Prime Passes 200M Subscribers, Jumping 50M In One Year (CNET)
Amazon’s (AMZN) Prime service now has a whopping 200 million subscribers. That is a jump of 50 million new subscribers in roughly a year, less than half the time it took the company to hit the same milestone in 2019. Amazon Prime costs $120 a year or $13 per month.
4. Amazon’s DSP Registered 90% YoY in Q1 (AdExchanger)
Amazon’s DSP witnessed 90% growth in Q1 as ad spends on the platform soared. Its powerful audience targeting capabilities attracted advertisers during the eCommerce boom. Ad spends growth was strong across all ad formats, where the display is available through the Amazon DSP, and “sponsored display” available to sellers through its Ad Console.
5. Zuckerberg Urged By Advocacy Group To Cancel Launch Of Instagram For Kids (Reuters)
An advocacy group urged Mark Zuckerberg not to build Instagram for kids under 13, saying it would place them at “great risk”. The letter from the Campaign for a Commercial-Free Childhood (CCFC) comes at a time when the organization has been criticized for spreading propaganda through its channels and exposing them to inappropriate material.
6. Apple’s App Store Hosted Secret Gambling Website In Kids’ Games (TheVerge)
Kosta Eleftheriou, an app developer, uncovered an awful kiddie game on Apple’s App Store that is simply a front for gambling websites. To make things work, you must be in the right place, or claim to be in the right country using a VPN. Colin Malachi, the same developer, had another simple game on the App Store, ‘Magical Forest – Puzzle’, which was also a cover for gambling.
7. Verizon To Launch 5G Internet For Businesses In 21 US Cities (Pymnts)
Verizon Communications Inc will launch 5G internet for businesses in 21 US cities this month, expanding its presence from Chicago, Houston and Los Angeles. It is offering a 10-year price lock for new customers, no data limits and plans ranging from 100 Mbps to 400 Mbps to business users in cities like Atlanta, Detroit, Las Vegas, and San Francisco.