Nerdwallet, the online financial advice news site, filed to go public and revealed its revenue grew 32% in the first half of this year to $181.6 million after growing much more slowly in 2020. Nerdwallet’s IPO filing also showed that the 12 year old company was profitable until the first half of this year when a big increase in marketing expenses, aimed at driving more users, resulted in an...
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Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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