At a time when investors have shown they are souring on loss-making companies, Casper is hoping to embark on an IPO while losing more and more money. In the first nine months of 2019, the mattress seller’s net losses increased 5% to about $67.4 million compared to the year-earlier period, according to IPO paperwork the company filed Friday. The company has a history of losing money. Casper’s...
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Meta’s Resistance to Sharing Ad Sales Starts to Crumble
For at least a year, one question has hung over Meta Platforms-owned Facebook and Instagram: whether the apps will introduce a way to share a cut of ad revenues with more creators, similar to how YouTube pays video-makers. Our story today by Sylvia and Kaya goes deep into the debate at Meta over introducing ad-revenue sharing, which some staff viewed as a slippery slope, and a parallel argument...
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Meta Insiders Debate Key Issue for Reels: Whether to Share Ad Dollars With Creators