A report from the Wall Street Journal provides a fascinating window into how Amazon identifies potential competitors and allegedly clones their products. In 2016, Amazon reportedly set its sights on online furniture retailer Wayfair, which had a much larger selection of products than Amazon. According to the Journal, Amazon created a department known as the “Wayfair Parity Team” which analyzed...
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Snap’s Weak Q4 Projection Signals Sharp Slowdown in Ad Market
Advertisers are hitting the brakes—hard. That’s the message today from Snap, the first of the digital ad companies to report third-quarter earnings. A combination of Apple’s ad-targeting clampdown and knock-on effects from supply shortages are expected to sharply slow fourth-quarter ad growth, Snap executives warned. It was a sobering portent for Facebook, Alphabet and all other media firms...
Brex Said to Raise Funding at $12.3 Billion Valuation
Intel Blames Chip Shortage for Q3 Sales Miss
Snap Reports Slowdown in Revenue Growth and Projects Bigger Slowdown in Q4
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