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Tag: Media& Marketing, Retail& eCommerce, Daily Finance, PE, VC& Alternatives, Digitalization

Silicon Valley Pours One Out

Hi, welcome to your Weekend!After everything that transpired this week—from the midterms, to the Elon–Twitter debacle to the FTX implosion—much of tech could probably...

Top News

Meta Could Be Taking a Page From Microsoft’s Age-Old Playbook

Investors like pink slips. Meta Platforms’ stock price bounced 6.5% today on news of impending mass layoffs at the social media giant. The rally...

Sequoia Capital China Backs E-Bike Maker at $590 Million Valuation

E-bike and scooter rental businesses are struggling, but it’s boom times for companies with Chinese roots that make the vehicles, as commuters increasingly snap...

Musk’s Management of Twitter May Catch Meta’s and Alphabet’s Attention

Elon Musk is certainly giving big tech a lesson in how to manage decisively. It’s only been four days since he took control of...

The Weird Science of Generative AI

Hi, welcome to your Weekend!First, some good news: This week’s issue is 100% Elon free. If you’re dying to read more about the Birdman...

War of the Art Worlds: Generative AI Sparks a New Culture Clash Among Creatives

“When I was a small kid,” said Curio, a nonbinary artist and web developer from Pennsylvania, “I literally had the most expansive, vivid daydreams...

With Musk Now Running Twitter, Spotlight is on Workforce

Elon Musk is now in control of Twitter, having completed the $44 billion purchase of Twitter on Thursday and fired the company’s top leadership....

What Altimeter’s Meta Manifesto Says About Investor Attitudes to Big Tech

It’s no fun being a Big Tech executive nowadays. Not only do they have antitrust regulators breathing down their necks, now investors are beginning...

Snap Delivers Downbeat Q4 Outlook

Yes, folks, it seems the economy really is deteriorating. After weeks of downbeat economic forecasts—including from Amazon’s Jeff Bezos—Snap’s third-quarter earnings Thursday provided some...

Databricks Is Trimming Its Valuation While Other Startups Are Slashing Theirs

Valuations for a crop of high-profile startups have been falling fast, even according to their own internal assessments. But one company has been notably...

The Logic of a Microsoft-Netflix Deal Is Growing

If you watched Netflix’s quarterly earnings analyst call on Tuesday night, you might have caught an interesting comment from Chief Operating Officer Greg Peters....

TikTok Gains Ad Momentum as Meta Struggles

This spring, pet accessories company Wild One launched ad campaigns for a new dog toy—a rubber cylinder with a tennis ball wedged inside—on TikTok,...

Salesforce’s Wake-Up Call Was Long Overdue

Jeffrey Smith might be just the jolt Salesforce needs. The CEO of Starboard Value told CNBC Tuesday that his activist investor hedge fund had...

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