It’s easy to forget the Internet’s guts & sinews. But cyberspace doesn’t permeate thin air over long distances. Drew FitzGerald explains: Red Sea Conflict Threatens Key Internet Cables www.wsj.com/business/…
Layoffs keep coming in big tech, but the workforce remains huge, thanks to dramatic hiring earlier. Revenue is up a lot too. The numbers are remarkable — Amazon’s workforce has doubled; several other FANG companies are 50% bigger than they were. My latest in the WSJ, with great charts from Alana Pipe: www.wsj.com/economy/j…
Business judgment? Elon Musk & other big shareholders push back against scrutiny they get from Delaware’s famously business-friendly courts, reincorporating in Nevada or Texas and trying to ease Delaware’s legal constraints. My latest in the WSJ, with Erin Mulvaney: on.wsj.com/3SCqJ65
It depends what the meaning of “independent” is? Really remarkable reporting and detail here from my WSJ coworkers: The Money and Drugs That Tie Elon Musk to Some Tesla Directors www.wsj.com/tech/elon…
Reed Hastings gave 2 million Netflix shares — worth some $1.1 billion — to a Silicon Valley charity last week. It’s a big gift for Hastings — 40% of the shares he owned outright. It’s also a big gift for the recipient, Silicon Valley Community Foundation, which had $10 billion in assets a year ago and has gotten billion-dollar gifts before. (Mark Zuckerberg made one a decade ago.) The gift came as Netflix shares reached a 2-year peak, and donations of stock can bring tax breaks of 50%… my latest in the WSJ:
Finished reading: Our Enemies Will Vanish by Yaroslav Trofimov 📚 — Compelling, and good insight into just how the first year-plus of the war in Ukraine unfolded, by one of the very best foreign correspondents out there
Finished reading: Striving by Jo Thomas 📚 — a great look at the challenges her generation faced, framed by some of the most consequential events of the 1960s through the early 2000s. Thomas covered civil rights, the Mob in Detroit, Castro’s Cuba, the Troubles in Ireland, hurricanes and unrest in the Caribbean, the rise of the white-supremacist movement in the U.S. in the 1990s, and so much more. A compelling and engaging book (though it did take me a chapter or so to get comfortable with the present tense).
Just downloaded Epilogue, but the book I want to add doesn’t show up. How can I add it? @jean – not sure if you’re the right one to ask