Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
“This is the first time I’ve been willing to admit that I need leadership help and I intend to get it,” wrote Travis Kalanick, the chief executive of Uber, in an email to his staff the other day. In that same email, which he sent out after Bloomberg published a video showing him berating an…
White House Exempts Keystone XL Pipeline From “Buy American” Mandate Image courtesy of Keystone-XL.com Despite recent declarations by the White House that new oil pipelines would be required to be made with steel and iron sourced from within the U.S., the administration has confirmed that the recently resurrected proposal for a pipeline running from Nebraska to…
Uber’s Tactics to Avoid Law Enforcement Mike Isaac speaks on CNBC about Uber’s tool, “Greyball.” SAN FRANCISCO — Uber has for years engaged in a worldwide program to deceive the authorities in markets where its low-cost ride-hailing service was resisted by law enforcement or, in some instances, had been banned. The program, involving a tool…
Technology Inside Uber’s Aggressive, Unrestrained Workplace Culture close story-meta-footer close story-meta Photo Uber offices in Berlin last year. Some current and former Uber employees describe a largely unrestrained workplace culture. Credit Krisztian Bocsi/Bloomberg SAN FRANCISCO — When new employees join Uber, they are asked to subscribe to 14 core company values, including making bold bets,…
If you ever wake up feeling kind of down, just take a second to remember that you share most private secrets, your company’s intellectual property, and your dog’s digestive issues over online chat. Then take another second to think about how even apps that take user security seriously can be breached, as a recent (and…
Snap Inc. debuted on the New York Stock Exchange on Thursday. (Getty Images) Shares of Snap Inc., maker of the popular messaging app Snapchat, began trading on Thursday at $24 per share on the New York Stock Exchange under the ticker SNAP, giving the company a market cap of about $33 billion. The stock opened 41% above the shares’…
Uber Technologies Inc. Chief Executive Travis Kalanick said he would seek leadership advice after a run of troubling news involving the company, capped Tuesday by an online video of him berating one of the ride-hailing service’s drivers. In a note to employees, Mr. Kalanick vowed to “grow up” and said he was “ashamed” of the…
Uber CEO Travis Kalanick’s net worth is $6.3 billion, but if you’re a turd, you’re a turd, and all that wonderful cash can’t buy you a better personality. There’s a video to prove it: Bloomberg obtained footage of Kalanick getting into a heated argument with an Uber driver. Uber is having an absolutely miserable year,…
Game publishers, tournament organizers and teams are searching for the best way to maximize value, exposure. Photo by: RIOT GAMES Esports might appear confusing and tumultuous to newcomers, but investors’ rationale is straightforward: No one is yet making as much money as they could be on professional video gaming, considering the size and commercial appeal…
It wasn’t one thing that transformed Maker Studios from a Disney princess to a pumpkin — there were a whole lot of many things. Times were better for the YouTube network in March 2014, when Disney had decided to buy the company for $500 million. With various performance-related revenue targets included in the contract, the final…