Big Tech joins the newsletter stampede - Business Insider

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Big Tech joins the newsletter stampede

, and Twitter has positioned itself as pro news outlets, with programs to help them monetize their content.

FILE - In this May 2, 2019, file photo, the DraftKings logo is displayed at the sports betting company headquarters in Boston. Sports daily fantasy and betting website DraftKings will debut as a publicly traded company Friday, April 24, 2020, against a backdrop of a near-complete shutdown of athletic competition across the globe due to the coronavirus pandemic.

Verizon Media Group once had a lofty goal of hitting $20 billion in revenue in 2020. But instead, Verizon wrote down the value of the unit twice, and it's estimated to generate just $4.1 billion in revenue in 2021. Verizon is far from a smashing media success, but its lean approach seems to be paying dividends for now.Other stories we're reading:You & Mr. Jones' firm Oliver is trying to cash in on the in-housing boom with a new division to help brands make ads faster

 

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