Business

Facebook’s ad business pandemic is better than Google’s

Facebook CEO Mark Zuckerberg speaks during the Facebook Developers F8 conference on April 30, 2019 in San Jose, California. Justin Sullivan | fake pictures Although the tech giants have proven relatively resilient to the pandemic’s worst impact on the advertising industry, it still hurt: Facebook still experienced the slowest revenue …

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Bankrupt Pier 1 becomes a walking zombie

Retail Ecommerce Ventures (REV), an investment firm that buys besieged brands, is paying $ 31 million for the dying name of the home goods and intellectual property retailer. The goal is to restart Pier 1 online and create a “strong e-commerce future for the brand,” the firm said Friday. Pier …

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