Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
As the old saying kind of goes, reports of the impending demise of CEO Marissa Mayer at Yahoo are greatly exaggerated. And so are rumors that the board of the Silicon Valley Internet giant is poised to sell off the entire core business. Consider the Wall Street Journal’s reporting last night that there is some…
MANHATTAN — Mayor Bill de Blasio wants to change some of the city’s existing zoning regulations as part of his 10-year plan to create 80,000 new affordable units of housing and preserve another 120,000. The 526-page plan has implications for every neighborhood in New York City. Department of City Planning officials have visited community boards…
The fate of troubled Internet portal Yahoo Inc. may be decided in a marathon series of board meetings this week. Yahoo’s board plans to weigh a potential sale of the company’s core business during a series of meetings beginning Wednesday and continuing through Friday, people familiar with the matter said. The board is expected to…
In a savvy PR maneuver, today Mark Zuckerberg used the birth of his daughter Max to advertise to the world the fact that he’s decided to give away 99% of his Facebook shares (roughly $45 billion today) to charity (over the course of the rest of his life, not all at once). It sounds angelic,…
According to at least one online analytics provider—namely, comScore—the Washington Post surpassed the New York Times in web traffic in October, with roughly 67 million unique visitors compared to about 66 million for the Times. This is interesting in part because the Post has closed the readership gap with its New York-based competitor at a…
The fancy building at 120 South Fourth Street has been evacuated after building inspectors found un-permitted and dangerous structural work inside. (Pix11) The residents of a pricey Williamsburg apartment building with a history of unpermitted construction were forced out last week after the Department of Buildings found that the building “has questionable structural integrity.”…
Photo Credit Illustration by John Whitlock, Photographs From Getty Images SO far the gender revolution has been a one-sided effort. Women have entered previously male precincts of economic and political life, and for the most part they have succeeded. They can lead companies, fly fighter jets, even run for president. But along the way something…
(Adds Reuters source, statement from Comcast, analyst comment) Nov 24 (Reuters) – The U.S. Department of Justice is investigating whether Comcast Corp, the biggest U.S. cable TV provider, is hindering competition in cable advertising sales, a source told Reuters. The department’s Antitrust Division has sent documents known as civil investigative demands to…
Wikimedia CommonsCredit Suisse analyst Robert Moskow can’t believe how expensive his Thanksgiving turkey was this year. On Hormel’s fourth quarter earnings call on Tuesday, Moskow opened his question to Hormel management by noting that he just bought his turkey at Stop & Shop. And boy was it expensive. Here’s Moskow, via Seeking Alpha: “Hey there….
NYC EDC City officials broke ground Monday on Hunter’s Point South Phase II, a massive affordable housing and commercial complex in Long Island City. Plans also include a waterfront park – seen in this rendering. City officials broke ground Monday on the latest phase of a massive affordable housing complex on a former…