The chief operating officer of TikTok on Thursday criticized U.S. politicians’ calls to ban the app, owned by China’s ByteDance, for giving into anti-China sentiment. And she stressed the contributions TikTok has made to sharing information about current events, ranging from Russia’s invasion of Ukraine to the Supreme Court’s decision to overturn Roe v. Wade. “Should there be national...
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MasterClass Takes a Crash Course in Frugality
MasterClass had a problem with the shoot featuring its latest star instructor, Walt Disney Co. CEO Bob Iger. The startup was emerging as a poster child of the new media landscape, one that was bringing Hollywood-style production values and A-list celebrities to a category—online education—often associated with dry lectures and crummy camera work. For a course on business strategy...
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Instacart’s Secret Deals With Grocery Giants
When Instacart goes public on Tuesday, at least one shareholder likely to make money is its own customer: grocery giant Albertsons, one of several retailers that quietly struck stock deals with Instacart years ago that remained a closely held secret inside the delivery company, people familiar with the matter said.