U.S. grocery delivery firm Instacart, whose financial results were boosted by the Covid-19 pandemic, is planning an IPO early next year, Reuters reported. That should come as no surprise. Food delivery firms have been among the biggest beneficiaries of the shifts in consumer behavior as in-store shopping took a hit, and restaurant-delivery firm DoorDash is due to go public as soon as next...
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Linda Yaccarino May Have the Toughest CEO Job
Here’s a question: How long can someone stay as CEO of a company when the owner of that company is publicly repudiating what they’re saying? Take Linda Yaccarino, CEO of X, previously known as Twitter. On Wednesday, Elon Musk confirmed a report in The Information about layoffs at X’s election integrity team—Musk even went further than what we reported, saying the team was “gone.” Yet in an...
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