Icon Health and Fitness, the maker of fitness equipment including Peloton competitor NordicTrack, has hired veteran management consultant Steven Barr as its chief financial officer, according to a person familiar with the matter. The hire reinforces speculation that Icon may go public later this year. Business Insider reported in December that Icon has begun talking to banks about a 2021...
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TikTok Shifts Into Damage Control Mode
TikTok and some companies that work with the popular app have shifted into damage control mode after a rancorous Congressional grilling of TikTok CEO Shou Zi Chew failed to allay lawmakers’ concerns that its Chinese parent, ByteDance, poses a national security risk. Golin, a major public relations firm that hires creators on behalf of brand clients, on Friday asked some clients to hold...
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