Meta Platforms promoted executive Nick Clegg to a new position responsible for all of the company’s policy matters. Clegg currently serves as the company’s vice president of global affairs and communications, reporting to Chief Operating Officer Sheryl Sandberg. His new title will be president for global affairs, reporting to Sandberg and CEO Mark Zuckerberg. (See our full coverage of the Clegg...
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How Instagram’s TikTok Envy Finally Backfired
Last month, Kim Kardashian, Kylie Jenner and other influencers stirred up a public relations firestorm for Instagram, complaining to their hundreds of millions of followers about the app's recent attempts to mimic TikTok. Those efforts were just part of a broader internal effort to take on the Chinese short-form video app, though. The Information has learned that recent tests of changes to...
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Peloton Announces Job Cuts, Store Closures and Price Hikes
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