Brian Lesser, the CEO of AT&T’s Xandr advertising unit has resigned, according to Reuters. It’s a signal that AT&T has struggled with its plan to build a sizable targeted advertising business that could compete with Google and Facebook. There have been previous signs that the plan faced challenges. Most importantly, AT&T needed to strike partnerships with TV networks owned by other...
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Where Social Media’s GameStop Surge Could Lead: The Information’s Tech Briefing
There’s no doubt the current stock market hysteria over GameStop and the like will come to a bloody end. The real question is whether the craziness, fueled by social media sites like Reddit and Discord and stock trading app Robinhood, leads those companies to clamp down on stock debate or trading. Media post-mortems are sure to blame those companies—which reportedly also include...
Ant Group Plans Major Revamp Amid Beijing’s Pressure
Didi Raises $300 Million for Autonomous Driving Unit
Apple Sees Revenue Boom From iPhone, China Sales
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