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What antitrust investigation?
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Facebook appears to be relying on its age-old playbook even as antitrust regulators investigate the company for anti-competitive behavior. The social media app, which is under investigation by the Federal Trade Commission and 46 states, has a history of cloning popular features from its buzzy competitors. The latest target? None other than the Clubhouse, the […]
Charlie Scharf’s no-nonsense style could create a more stable Wells Fargo
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Good morning. Charlie Scharf took over a tough job when he agreed to be CEO of scandal-ridden Wells Fargo. The company had “made a bunch of mistakes,” he says. And the penalty for those mistakes was a raft of regulatory restrictions that will hobble the bank for years to come. Scharf added his own to that […]
SoftBank ramps up its unicorn bets in 2021, taking a social media company to $1 billion
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A new social media unicorn jumps into real life Read More