Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
AOL CEO Tim Armstrong.Noam Galai/Getty Images for TechCrunch AOL announced a sizeable round of layoffs on Thursday. Recode’s Kara Swisher reported 5% of its global workforce, or 500 employees, will be affected. In a memo sent to staff obtained by Business Insider (which you can read in full below), AOL CEO Tim Armstrong said the…
Oct. 21, 2016 7:51 p.m. ET Earlier this month, a majority of editorial staffers at Fusion signed union cards to join the growing list of digital journalism outlets embracing collective bargaining. But now some employees at the millennial-geared web publisher are frustrated by the response from Univision Communications Inc., Fusion’s parent company. Employees say executives…
Roughly 41 percent of winners from 48 HPD lotteries between 2013 and 2015, were between the ages of 25 and 34, and 48 percent were single, HPD numbers show.View Full Caption Shutterstock/Leonardo da NEW YORK CITY — Young, single New Yorkers were more likely to win affordable housing lotteries run by the Department of Housing Preservation and Development from 2013…
/ .breakout.column-actions Ad blocking continues to freak out the entire media ecosystem. But god help me, it’s hard not to love the gnashing of teeth it’s causing throughout the publishing and advertising worlds right now. The level of bile flowing from furious media types continues to rise at the same rate as consumer ad-blocker use….
storytext 5 stunning stats about Netflix Netflix is once again a Wall Street darling after reporting strong earnings and solid international subscriber growth. But could that make the red hot company a takeover target in the rapidly changing media world? Source: Why Disney should buy Netflix instead of Twitter – Oct. 26, 2016
Uber says it has permanently suspended the driver. When Erika Szabo, a video game and anime YouTube personality, ordered an Uber on a Sunday afternoon following a guest appearance at a convention in Toronto, she was looking to get home quickly after a long day and shitty weather. Just as her Uber driver pulled up, however,…
Image wrap box Free blurb with Takeaway Another week, another news site raising venture capital. Make that two. Politico co-founder Jim VandeHei’s new business and politics venture raised a $10 million series A from Lerer Hippeau Ventures and NBC. Cheddar, a video news network, raised $10 million more from Lightspeed Venture Partners, Ribbit Capital and…
This October, when Ido Alexander saw photos a young man had posted on social media, he thought he had hit the bankruptcy jackpot. Mr. Alexander, a Florida lawyer working for a court-appointed trustee, dispatched an appraiser to the man’s home to inspect the expensive-looking gold chains and other jewelry he had been posing in, which he hadn’t…
ONLINE advertising is booming. Digital-ad revenues in America in the first half of the year reached a record $32.7bn, according to the latest figures from the Interactive Advertising Bureau, a trade group. For marketing folk, digital ads have great appeal because consumers’ online data can be used to direct what they think are the right…