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Sources: facing a US ban, TikTok recently sought to reassure its advertisers and play down the threat of an outright ban, hoping brands would continue to spend (Wall Street Journal)
Wall Street Journal: Sources: facing a US ban, TikTok recently sought to reassure its advertisers and play down the threat…
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Asian shares advance on back of Wall Street rally
BANGKOK (AP) — Asian shares advanced Wednesday after a Wall Street rally led by the banks most beaten down by…
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Report: TikTok tracking pixels were found on 30 state government websites in the US; such trackers are ubiquitous and offered by Meta, Google, and others (Wall Street Journal)
Wall Street Journal: Report: TikTok tracking pixels were found on 30 state government websites in the US; such trackers are…
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Several TikTok creators say it created business opportunities and contemplate life after a possible ban, including moving to Instagram Reels or YouTube Shorts (Wall Street Journal)
Wall Street Journal: Several TikTok creators say it created business opportunities and contemplate life after a possible ban, including moving…
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A shortage of skilled workers is impeding Micron's goal of a chip manufacturing campus in Syracuse, NY, where it plans to invest $100B and hire 9K employees (Wall Street Journal)
Wall Street Journal: A shortage of skilled workers is impeding Micron’s goal of a chip manufacturing campus in Syracuse, NY,…
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Sources: Tiger Global marked down its investments in private companies by ~33% across VC funds in 2022, erasing $23B in value from its portfolio of startups (Wall Street Journal)
Wall Street Journal: Sources: Tiger Global marked down its investments in private companies by ~33% across VC funds in 2022,…
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As SVB collapsed, prominent investors, internet provocateurs, and others helped fuel concerns over the US banking system, creating a "Twitter-fueled bank run" (Wall Street Journal)
Wall Street Journal: As SVB collapsed, prominent investors, internet provocateurs, and others helped fuel concerns over the US banking system,…
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Meta plans to divest from Kustomer, which it reportedly acquired for ~$1B; sources: the startup's revenue has flattened while burning through ~$200M since 2022 (Wall Street Journal)
Wall Street Journal: Meta plans to divest from Kustomer, which it reportedly acquired for ~$1B; sources: the startup’s revenue has…
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Sources: Meta plans multiple rounds of layoffs over the coming months that in total would be roughly of the same magnitude as the ~13% cut of November 2022 (Wall Street Journal)
Wall Street Journal: Sources: Meta plans multiple rounds of layoffs over the coming months that in total would be roughly…
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FTC sues to block Intercontinental Exchange's $11.7B acquisition of mortgage software provider Black Knight, saying the deal would lead to higher prices (Wall Street Journal)
Wall Street Journal: FTC sues to block Intercontinental Exchange’s $11.7B acquisition of mortgage software provider Black Knight, saying the deal…
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