Covid-19 vaccines are poised to become big business. Its potential to generate staggering revenue has already added billions of dollars to the market value of drug makers like Pfizer and Moderna.. That promise is also drawing scrutiny in Washington. Rising prescription drug costs are one of the few problems where …
Read More »Bill Ackman’s blank check company has just started operating. What you need to know.
Text size William Ackman Bryan Bedder / Getty Images for The New York Times A special-purpose acquisition company, or SPAC, sponsored by Bill Ackman’s Pershing Square Capital Management, made its debut on the New York Stock Exchange on Wednesday in the largest initial public offering of blank checks. The offering …
Read More »Facebook’s biggest advertiser Disney is reportedly cutting advertising spending
MENLO PARK, California – Walt Disney Co. has “dramatically” cut its advertising budget on Facebook and Facebook-owned Instagram, according to a report published in the Wall Street Journal. It is the latest setback for the social network, which is facing a growing advertising boycott of its policies and actions on …
Read More »‘All of these advertisers will be back soon’
Posted: Jul 2, 2020 at 7:50 am ET Mark Zuckerberg, CEO of Facebook Inc., speaks during the Silicon Slopes Technology Summit in Salt Lake City, Utah, on January 31. Bloomberg news Hundreds of companies around the world have joined a temporary boycott against Facebook Inc., but CEO Mark Zuckerberg says …
Read More »Zuckerberg said he said about the Facebook ad boycott: “All of these advertisers will be back soon.”
Hundreds of companies around the world have joined a temporary boycott against Facebook Inc., but CEO Mark Zuckerberg says he is not concerned and has no intention of changing his policies, according to a new report. “ “I guess all of these advertisers will be back on the platform soon …
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