Snapchat VP of Product Leaving, Kroger & Alibaba Eye Partnership
Snapchat's VP of Product Tom Conrad is leaving the social media company after two years. The timing of Conrad's departure is less than ideal, as Snap is in the midst of rolling out a redesign of its app. Conrad is the sixth executive to leave the company since Snap's IPO last year.
Kroger and Alibaba are reportedly discussing a potential partnership. U.S. executives traveled to China for initial talks on a future collaboration. This comes as U.S. tech giant Amazon recently acquired Whole Foods for almost $14 billion.
A new report said the private sector added 103,000 jobs in November while refinance applications climb as mortgage rates dip. Plus, the FTC is once again looking to block the Microsoft-Activision deal and McDonald's is looking to buy 10,000 new locations by 2027.
