Apple said Monday it was temporarily shutting its retail stores in New York City due to a surge of Covid-19 cases. At least 16 locations, including stores at Grand Central, World Trade Center and Fifth Avenue will only offer pickup for online orders, according to Apple’s website. The iPhone maker has closed dozens of locations this month in other parts of the country, including in Ohio,...
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Pinterest’s Tardy CEO Shakeup
What timing! No one could say they were surprised that Ben Silbermann is stepping down as CEO of Pinterest—that’s something we’ve expected for a while. After all, while he and his co-founder, Evan Sharp, built the business into a public company worth $13 billion—even after the stock plunge of recent months—Silbermann lately has been grappling with falling user numbers in the U.S. No, what is...
Email App Front Doubles Valuation to $1.7 Billion
Disney’s Board Renews Chapek’s Contract for Three Years
Pinterest’s Silbermann Steps Down
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