Business

Business

McDonald’s outage shows challenge of going from Big Mac to Big Tech

[ad_1] Gradient Investments President Mike Binger explains why he added McDonalds and Ulta Beauty to his portfolio on The Claman Countdown. The “technology outage” that impacted McDonald’s restaurants and the company’s app on Friday underscores the fast-food giant’s growing reliance on tech systems that are becoming increasingly common in the …

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Reddit’s IPO as much as five times oversubscribed: report

[ad_1] Adena Friedman explains why startups have struggled to go public in uncertain times on The Claman Countdown. Reddit’s initial public offering (IPO) is currently between four and five times oversubscribed as it seeks a $6.5 billion valuation, people familiar with the matter told Reuters on Sunday. Oversubscription doesn’t guarantee …

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