Coupang, the SoftBank-backed e-commerce company based in South Korea, reported a wider than expected net loss for the first quarter due to higher expenses. The net loss threatens to erase some of the gains SoftBank reaped from Coupang’s successful initial public offering in March. SoftBank reported blockbuster earnings yesterday, though its gains were based on share prices from its public...
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The Briefing Google Policy
The Dangers of War Against Google’s Ad Tech
Google’s legal department has its hands full these days, given numerous antitrust lawsuits filed both by the Justice Department and individual states targeting different parts of its business. Our scoop today—about how a bipartisan group of senators is putting together a bill to force Google to divest its ad tech operations—will only add to the lawyers’ workload. Where is this all heading?...
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Meta Pauses New Users From Accessing CrowdTangle Tool
Airbnb Exec Chris Lehane Joins Katie Haun’s Crypto Fund
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