Some workers have been fleeing the world’s largest iPhone factory in China, after a recent Covid-19 outbreak forced them to stay in dorm rooms, according to Bloomberg, the Financial Times and other media outlets. The factory’s operator Foxconn, the contract manufacturing giant that assembles Apple products, is preparing a back-up plan to shift some of the plant’s production to other parts of...
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How Reddit Grew Its Ad Business, Bolstering IPO Hopes
While whiling away the hours on Call of Duty and other videogames, gamers love to chew on Kraft Singles. At least, that’s what research done by food giant Kraft Heinz implies. So to drive more sales of the individually wrapped pieces of processed cheese, Kraft Heinz targeted gaming interest groups on Reddit and launched an ad in the form of a discussion thread: “How to Keep Melty...
NYT Co’s Digital Ad Revenues Weaken in Q4
UK Regulator Warns it May Block Microsoft-Activision Deal
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
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