Simone Biles splits from Nike, signs with Athleta
Olympic gold medalist Simone Biles is parting ways with Nike for another athletic brand, Gap's Athleta. She will create her own performance wear under the new partnership and will be given the freedom to use the new platform to be an activist for women and other female athletes.
Snapchat's global daily active users increased by 22% year-over-year to 280 million. The number of users engaging daily with the augmented reality lenses grew more than 40% year-over-year. This marks the first quarter of positive free cash flow as a public company.
Spotify will not take a percentage from podcasters who see in-app subscriptions, according to the Wall Street Journal. Creators will instead have the option to set their own price. Listeners will be routed to a website to purchase subscriptions, which will allow Spotify and podcasters to skip around Apple's fees.