Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
close dealbook-branding close story-meta Photo Customers at the Whole Foods Market in Manhattan. Credit John Taggart for The New York Times said on Friday that it had agreed to buy the upscale supermarket chain Whole Foods for $13.4 billion, in the online retailer’s latest push into the grocery business. The deal comes as the high-end…
A hazy day for Tumblr. A shoe dropped. After a year of dancing around, the Yahoo (Tumblr owner)/Verizon deal closed. There were immediate layoffs across their new Frankenstein org, “Oath.” Some of these layoffs hit inside Tumblr, and that’s bad. In addition to the real life talented human beings impacted by these layoffs, the move is…
In February 2012, after Facebook announced what was in time to become the largest IPO in the history of internet firms, The Economist put a parody of Mark Zuckerberg’s profile page on its cover. Next to an insipid, beaming profile picture of the young CEO, there was a status update: “VENI VIDI VICI!!! Am I…
close story-meta Photo Travis Kalanick, Uber’s chief executive, has been under pressure for his aggressive management style. Credit Wang Zhao/Agence France-Presse — Getty Images SAN FRANCISCO — In Uber’s continuing attempt to repair its reputation over a series of scandals stemming from its bad-boy culture, its co-founder Travis Kalanick said he would take a leave…
Publishers are leaving Medium, the crowdsourced-based content platform, amid business changes that make It harder for them to make money. Most notably in the last month, Bill Simmon’s sports/culture blog The Ringer moved to Vox and Condé Nast’s tech blog BackChannel moved to Wired. Why it matters: Medium’s long-term solution to this problem is to wait until its subscription model…
Uber board member David Bonderman. (Andrew Harrer/Bloomberg) Billionaire businessman David Bonderman, a member of Uber’s board, apologized Tuesday for making what he called an “inappropriate” comment about women at a company-wide meeting that was aimed at addressing the harassment of women and other unprofessional conduct within the company. At the event, Bonderman made a joke…
Uber has fired more than 20 employees after a company investigation into sexual harassment claims and workplace culture. The terminations were announced at a company-wide meeting on Tuesday, details of which were first leaked to and reported by the New York Times and Bloomberg News. Uber confirmed the departures to the Guardian. The identities of…
In a matter of just a few years, Unilever’s Axe has gone from unabashedly (and often crassly) celebrating male stereotypes to forcefully opposing them. And its new campaign, from 72andSunny Amsterdam, represents its boldest step yet in combating what it’s now calling “toxic masculinity” and its debilitating effects on young men. The new work is…
Photo credit: Getty Images Economists and geologists and everyone and their oilman has been telling us that one day, we will hit Peak Oil. One day, we will keep looking for oil, but we won’t find anymore. One day, the demand would greatly outpace the supply. But now one of the biggest oil companies in…
Start Article Post Content UPDATED: Oculus Story Studio, the award-winning studio behind virtual reality (VR) short films like “Dear Angelica” and “Henry,” is being shut down, Facebook announced Thursday afternoon. The studio’s 50 staffers are encouraged to apply for new jobs within Oculus, but all ongoing projects of the studio are being cancelled. “We’ve been looking at the…