Daily Crunch: Blue Apron might sell itself

Blue Apron considers “strategic alternatives,” Facebook experiments with different News Feed formats and Twitter buys a startup focused on the Stories format. Here’s your Daily Crunch for February 19, 2020. 1. Blue Apron is considering selling itself Meal kit company Blue Apron has been struggling for a long time, with its lackluster debut on the…

Daily Crunch: Blue Apron might sell itself

Blue Apron considers “strategic alternatives,” Facebook experiments with different News Feed formats and Twitter buys a startup focused on the Stories format. Here’s your Daily Crunch for February 19, 2020.
1. Blue Apron is considering selling itself
Meal kit company Blue Apron has been struggling for a long time, with its lackluster debut on the public market, employee lawsuits and layoffs. So it should come as no surprise that the company announced that it’s exploring “strategic alternatives” like selling itself, merging or raising more capital.
“Our strategic alternatives process, together with our cost optimization initiatives, is intended to best position the company for the future, including to support our growth strategy,” said CEO Linda Findley Kozlowski in a statement. “These efforts reflect the commitment of the Board, management and myself to doing what’s in the best interest of the business, Blue Apron’s shareholders and other stakeholders.”
2. Facebook prototypes tabbed News Feed with Most Recent & Seen
Facebook may make it easier to escape its ranking algorithm and explore the News Feed in different formats. The compan
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