Instacart’s IPO filing on Friday afternoon put the company on a path to begin trading next month. An in-depth analysis of the prospectus showed there’s much more to pay attention to than just the company’s growing profits but slowing core grocery ordering business. The company tapped a few notable names — big advertiser Pepsi and the Norwegian central bank’s investment fund among them — to...
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Europe Has Figured Out How to Tame Big Tech. Can the U.S. Learn Its Tricks?
Late last month in Belgium, Sen. Elizabeth Warren (D-Mass.) had a pressing question for Paul Tang, a Dutch politician and member of the European Parliament. How had they done it, she asked him. How had the EU managed to bring big tech to heel? The liberal Massachusetts senator, alongside Sen. Richard Blumenthal (D-Conn.), had stopped off in Brussels on August 25 to speak with European...
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