More than a quarter of young Americans, aged between 18 and 24, got news about the coronavirus from Instagram, according to a new survey, while another 14% got it from Snapchat and 11% from TikTok. The data, from a study by the Reuters Institute, showed how Instagram particularly has become a major source of news—and not just for young people. The study said that across all age groups, the use...
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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