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Soylent, the Los Angeles-based meal replacement startup, has shaken up its top ranks with Chief Executive Bryan Crowley stepping down and replaced by Chief Financial Officer Demir Vangelov.

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Spotify will pay Bill Simmons as much as $196 million to acquire The Ringer in a deal that will instantly boost the streaming service's sports and pop culture company, and bring a high-powered name to its roster of podcasting content.

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