AppLovin Short Sellers Discover Mobile Ad Tech’s Ugly Underbelly
AppLovin Corp., which provides marketing services to app developers, shed more than $32 billion in value as investors unwound some of the blistering rally that saw shares rise eightfold last year.
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Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Olivia Solon addresses the spate of reports alleging one of Google and Meta’s big rivals is infringing on user privacy to get ahead.
Dell shakeup: Dell COO Jeff Clarke said he would take over day-to-day responsibility of the company’s PC unit, which has been in a prolonged slump.