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Stock impact report

TapeACall is about to get a lot more expensive [Verge, The]

IAC Inc. (IAC) 
Last iac inc. earnings: 2/5 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: iac.com/investor-relations/overview
Company Research Source: Verge, The
Share this story The cost of TapeACall, the occasionally glitchy app many reporters use to record their interviews, will increase significantly in less than a month. I discovered this thanks to a pop-up notification when I opened the app, which alerted me that my annual subscription would increase from $29.99 to $79.99 per year on April 16th. The price increase appears to be a result of new ownership. In January, IAC sold its Mosaic Group mobile apps — which includes TapeACall, editing app PDF Hero, and spam-blocking app Robokiller — to the Italian technology company Bending Spoons. Per Bloomberg , all of Mosaic's 330 employees were laid off as part of the deal. Bending Spoons acquired Evernote in 2022 and laid off more than 100 staff members. Under Bending Spoon's ownership, Evernote implemented new limits on the free version of the app and raised the cost of some subscriptions by as much as 80 percent. The strategy seems to be working out for Bending Spoons, which announced i Show less Read more
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