Apple said its head of diversity and inclusion, Christie Smith, was leaving to spend more time with her family and that her departure had been planned two months ago. The move comes as Silicon Valley, like the rest of America, grapples with weeks of protests over racial inequality in the wake of the police killing of George Floyd last month. Apple said it is starting a $100 million initiative...
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Instacart’s Bleak Second-Half Outlook: Slower Growth, Lower Profits
Instacart’s first couple of quarters on the public markets could come with slower revenue growth and lower profits than it reported in the first half, according to private forecasts from analysts at banks that underwrote Instacart’s initial public offering this month. The low expectations could further dent Instacart’s stock price, which has still been hovering around its IPO...
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