Bird is planning to merge with a special-purpose acquisition company in a deal that would value the scooter startup at $2.3 billion, dot.LA reported. The Santa Monica-based firm, which has been hit hard by the pandemic, is trying to raise $200 million of additional capital as part of the deal to merge with Switchback II Corp., a Dallas-based blank-check company. Long gone are the days when...
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TikTok’s Ad Stumbles; an NFT Artist on Crypto Twitter, Philanthropy and Diversity

TikTok aims to rival the ad revenue of digital titans such as Meta Platforms, but a new report from my colleague Sylvia shows that turbulence within the short-form video app’s ad sales department threatens to throw it off course.That turbulence includes a high-pressure culture that has resulted in heavy turnover. Since top-down instruction still comes from Beijing, employees are confused about...
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