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Quibi’s Struggles Compounded by ‘Unprecedented’ Times, CEO Meg Whitman Says

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Los Angeles Times on Friday.Quibi made the call, according to Whitman, as the U.S. continues to grapple with the killing of George Floyd in Minneapolis, which has sparked nationwide protests in recent weeks.

The move was also spurred on by the continued fallout from the coronavirus pandemic, according to the Times.“These are truly pivotal and unprecedented times,” Whitman said. “We needed to take the time to step back, be a part of this discussion.”A number of companies have said they’ll be donating money to racial justice causes, like Apple did earlier this week.

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