Quibi claims 1.7 million downloads, but app rating counts and social media data suggest lukewarm usage Less than one percent of people who downloaded Quibi bothered to rate it. Julia Gray 4.14.20 5:05 PM Tech
Without festival season, fast fashion sales are down but social media engagement is on the rise Customers are making fewer purchases, but the global crisis is giving them more to say about their favorite brands. Julia Gray 4.13.20 8:00 PM Innovation
Media jobs plummet at Vox, Vice, and Buzzfeed in the midst of Coronavirus With millions of jobs lost to the Coronavirus crisis, the media industry is barely hanging on. Meanwhile, Business Insider continues to hire. Julia Gray 4.13.20 5:37 PM Innovation
A toilet paper CEO who drowned his company with an ill-fated expansion is now in even deeper sh*t A judge greenlit a bankruptcy trustee’s case against Jeffrey Schoen, potentially making him liable for tens of millions of dollars in damages. Christie Smythe 3.18.22 9:02 PM Markets
Best-selling food products at Amazon and Walmart include Halloween candy and a Jim Beam BBQ gift set Either people are doubling down on the Easter treats this year or quarantine has driven them to believe Ring Pops are a sensible meal. Julia Gray 4.9.20 7:00 PM Markets
Data shows no one is getting engaged during quarantine But, depending on how the rest of 2020 goes, Zoom proposals could become the new norm. Julia Gray 4.9.20 1:53 PM Markets
Luggage company Away might not come back after furloughing half its staff Away considered raising money to minimize layoffs, but has yet to collect fresh capital. Julia Gray 4.8.20 4:00 PM Innovation
No one knows who’s on the hook if a DAO gets sued Believers say DAOs are the future of work, but it’s not clear who gets held accountable if something goes wrong. Doug Bailey 3.16.22 4:37 PM Crypto