Quibi’s slow start is already starting to weigh on the business. Several major advertisers have asked to defer payments, according to the Wall Street Journal, citing either low viewership or the impact of the pandemic. Long before Quibi launched last month, a group of big advertisers had committed to spend $150 million for the first year between them. It was a gamble on Quibi’s driving force,...
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Amazon Expands Secretive Trucking Program

Amazon’s effort to exert control over the trucking of goods to its customers is moving quickly. In a little over a year, more than 130 small trucking companies around the globe have agreed to transport freight exclusively for Amazon, The Information has learned. Those companies have leased over 1,100 Amazon-branded tractors, the cab units at the front of semitrucks, according to documents...
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