Snap Names New Content Head in Battle with TikTok

The Information: Snap has promoted executive Ben Schwerin to be its new senior vice president of content and partnerships, a move that signals the company’s ambitions to compete more aggressively with TikTok and to cut more deals with media companies and app developers. As part of the change, strategy chief Jared Grusd, who previously oversaw content and was Schwerin’s boss, will become an adviser.