United StatesOwnership & classification
Founded: 2012
Ownership
Quartz (qz.com) is a digitally native business-news outlet launched in 2012 by Atlantic Media (David Bradley). Its ownership has changed hands repeatedly: Atlantic Media sold it to Japan's Uzabase in 2018, Quartz management bought it back in 2020, it was sold to G/O Media (backed by private-equity firm Great Hill Partners) in 2022, and in April 2025 G/O Media sold Quartz and sister site The Inventory to Redbrick, a Canadian software firm that now owns it.
Funding
Quartz is a commercial publisher financed by advertising, sponsored content, membership/subscriptions and its large opt-in newsletter base. Its current owner Redbrick plans to monetize that newsletter audience (more than a million members) through its Paved newsletter-advertising platform.
Affiliation & stance
Quartz has no party, church or state affiliation; it is a privately owned, for-profit business-news company that has passed through several commercial owners. Because control rests with private investors rather than any government or political interest, it is classified INDEPENDENT, with a broadly CENTER_LEFT editorial profile.
Editorial lean
- Our estimate
- Lean Left
- Measured from coverage
- Centerbased on 184
77/100
Factual
78/100
Objective
502
Articles
502
reports
Top stories
Most covered right now
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Recent coverage
Roche is striking a $2.3 billion deal with Nurix Therapeutics to develop a blood cancer drug
Roche has entered into a $2.3 billion agreement with Nurix Therapeutics to co-develop bexobrutideg, an oral BTK degrader intended for treating chronic lymphocytic leukemia and related conditions. Nurix will receive $700 million upfront as part of the deal. The collaboration aims to advance the drug through clinical development and potential commercialization. BTK degraders represent a novel approach in oncology by targeting specific proteins involved in cancer progression. This partnership highlights growing interest in innovative therapies for hematologic malignancies.
Google lost its final E.U. appeal over a €4.1 billion Android antitrust fine
The European Union's top court has ruled in favor of maintaining a €4.1 billion antitrust fine against Google, which was initially imposed in 2018 for anti-competitive practices related to its Android operating system. The decision marks the conclusion of Google's final appeal against the fine, which was based on allegations that Google engaged in behavior that restricted competition in the mobile device market. The ruling reinforces the EU's stance on holding major technology companies accountable for anti-competitive conduct. This case highlights ongoing regulatory scrutiny of tech giants by international authorities.
Campbell's posted falling sales and slumping profits — but kept its annual forecast intact
Campbell's Soup Company reported lower-than-expected sales and declining profits for the quarter, primarily due to weak consumer spending and increased costs from tariffs. However, the company maintained its annual earnings forecast, indicating confidence in future performance despite current challenges. The decline in revenue highlights ongoing pressures in the food industry, particularly from economic factors affecting consumer behavior. While the company exceeded adjusted profit expectations, the overall financial results reflect broader market difficulties.
Portland General Electric is hiking data center electricity rates by 29% — and cutting them for everyone else
Portland General Electric, an Oregon-based utility, has proposed increasing electricity rates for data centers by 29% while reducing rates for other customers. The proposal is linked to the state's POWER Act, which mandates that large energy users contribute to infrastructure costs. This move aims to ensure that heavy consumers, such as data centers, pay their fair share of the expenses associated with maintaining and expanding the energy grid. The rate changes require regulatory approval before they can take effect. Data centers, which typically consume significant amounts of electricity, would face higher costs under this plan, while residential and smaller commercial users could benefit from lower rates.
Nvidia seals a multi-year memory chip deal with SK Hynix. But South Korean chip stocks are sinking
Nvidia has entered into a multi-year agreement with SK Hynix, a major South Korean semiconductor manufacturer, to supply memory chips. However, despite this significant business development, SK Hynix's stock price fell by 7.7% on Monday. The decline in stock value coincided with strong U.S. jobs data, which increased expectations of a Federal Reserve rate hike. This expectation typically leads to higher interest rates, which can negatively impact stock markets, particularly those of companies reliant on global economic conditions. The situation highlights the complex interplay between corporate partnerships and broader macroeconomic factors influencing financial markets.
Chamath Palihapitiya raises $135M Series A for his AI coding startup, takes CEO role
Chamath Palihapitiya, founder of Social Capital and host of the All-In podcast, has launched an AI coding startup called 8090 Labs. The company recently secured a $135 million Series A funding round led by Salesforce Ventures, with additional backing from notable firms including WndrCo, Craft Ventures, The Production Board, Launch, and individual investors like Palo Alto Networks CEO Nikesh Arora and Quora CEO Adam D’Angelo. Founded in January 2024, 8090 Labs aims to provide corporate programming teams with an AI-driven coding solution called Software Factory, which enables developers to create production-ready software with enterprise-level controls such as audit trails. Palihapitiya has taken on the role of CEO, marking his return to a full-time operational position after previously focusing on venture capital and media. He compared the current AI development wave to the early days of social media, expressing confidence in the significance of the technology being developed.
Airline profits are set to plummet this year as jet fuel costs soar, IATA warns
The International Air Transport Association (IATA) has warned that airline profits are expected to drop significantly this year due to rising jet fuel costs. The organization predicts combined net profits for the industry will fall to $23 billion, compared to $45 billion in 2025. This decline comes as fuel expenses are projected to increase by nearly $100 billion. The warning highlights the financial strain on airlines caused by volatile energy prices.
Coca-Cola is rolling out soccer ball-shaped bottles for the World Cup
Coca-Cola has introduced a limited-edition 13.5-ounce bottle shaped like a soccer ball for the World Cup. The bottles feature red, white, and blue graphics, aligning with the colors of the host nation, and are priced at $2.50 each. This product launch is part of Coca-Cola's marketing strategy during major international sporting events. The release highlights the intersection of sports branding and consumer products, offering fans a collectible item tied to the tournament.
Costco is slashing prices on Kirkland Signature wings, sheets, and more
Costco has reduced prices on several Kirkland Signature products, including chicken wings, chocolate almonds, golf balls, and king-size sheets, with some items seeing price cuts of up to $10. The move comes as part of the retail giant's ongoing strategy to attract customers and maintain competitiveness in the wholesale market. These discounts could influence consumer behavior, potentially increasing foot traffic at Costco locations and encouraging bulk purchasing. The price reductions may also impact competitors in the wholesale sector, prompting them to adjust their pricing strategies accordingly.
Marvell Technology stock surges after landing a spot in the S&P 500
Marvell Technology, an AI chipmaker, is set to be included in the S&P 500 index starting June 22 as part of a quarterly rebalancing. The inclusion comes alongside another electronics manufacturer, Flex, which is also being added to the index. This change reflects the companies' growing influence in the technology sector and their performance relative to other firms. The S&P 500 is a widely followed benchmark index that tracks the stocks of 500 large companies based in the United States.
Novo Nordisk's weight loss pill is hitting 3 million U.S. prescriptions — and most users had never tried one before
The article reports that over 80% of new prescriptions for Wegovy, a weight loss medication produced by Novo Nordisk, are being filled by patients who had never taken a GLP-1 drug before. This suggests a significant portion of users are new to this class of medications, which work by mimicking hormones that regulate appetite. The data highlights the growing popularity of Wegovy as a treatment option for obesity, despite its high cost and potential side effects.
Canada is launching a $360 million fund to take equity stakes in homegrown AI firms
The Canadian government has announced the launch of the Canadian Tech Growth Fund, a $360 million initiative aimed at acquiring equity stakes in domestic artificial intelligence companies. This fund is part of a larger national AI strategy designed to stimulate economic growth by creating 250,000 new jobs and contributing to a 3% increase in GDP. The program reflects Canada's commitment to fostering innovation within the AI sector while positioning itself as a global leader in technology development.
JP Morgan drops its bearish Tesla call, triples price target to $475
JP Morgan has revised its stance on Tesla, removing a previous bearish outlook and increasing its price target to $475. The change comes as the bank's new analyst emphasizes Tesla's potential in robotics and autonomous driving rather than focusing on the company's slowing electric vehicle business. This shift suggests a more optimistic view of Tesla's future growth opportunities beyond its current automotive operations.
Overlooked
Under-reported & one-sided
