Walmart Might Buy Vizio. There's a Hidden Reason Why.
Vizio’s smart TVs are a means to an end - helping the retailer scale up its advertising business.
Source: marketwatch.com
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Walmart in talks to buy smart TV maker Vizio for more than $2 bln: Report, ET Retail
Adding Vizio TVs could give companies including J.M. Smucker and Kraft Heinz more screens to display their ads to the more than 130 million shoppers that visit Walmart's 5,000 U.S. stores each week.
Source: indiatimes.com
Snapchat Previously Rejected Mark Zuckerberg's $3B Buyout — Now Abysmal Earnings Worry Investors That Meta's Too Far Ahead To Catch
Snap Inc. (NYSE:SNAP) versus Meta Platforms Inc. (NASDAQ:META) was always something of a David versus Goliath story. Meta, formally Facebook, was founded in 2004 while Mark Zuckerberg attended Harvard University, seven years before Evan Spiegel's Snapchat was started at Stanford University. Through the years, Meta has consistently looked to fend off up-and-coming rivals through any means necessary. In 2013, just two years after Snapchat's founding, Facebook came in with a $3 billion offer to buy
Source: yahoo.com
Pinterest Struggles with Weak Q1 Forecast Amid Heated Competition for Ad Dollars
Pinterest released a disappointing forecast for first-quarter revenue on Thursday that fell largely below Wall Street expectations.
Source: techreport.com