Penske Media calls SPACs “an investor fad” as sources say it rejected eight SPAC approaches; Bustle is still pursuing a SPAC deal and Vox is considering one
Mediagazer presents the day's must-read media news on a single page.
The media business is in tumult: from the production side to the distribution side, new technologies are upending the industry. Keeping up with these changes is time-consuming, as essential media coverage is scattered across numerous web sites at any given moment.
Mediagazer simplifies this task by organizing the key coverage in one place. We've combined sophisticated automated aggregation technologies with direct editorial input from knowledgeable human editors to present the one indispensable narrative of an industry in transition.
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Debby Wu / Bloomberg:
Sources: Apple tells its assemblers to make 90M of the newest iPhones, on par with 2021, despite deteriorating projections for the smartphone market
Andrew Rummer / The Block:
Dutch authorities arrest a suspected Tornado Cash developer in Amsterdam, two days after the US sanctioned the crypto mixing service
Patrick Coffee / Wall Street Journal:
Memo: meditation app Calm lays of 20% of its staff; sources say Calm employed ~400 people and approximately 90 were laid off; Calm was valued at $2B in 2020
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