Reporter Nick Summers on what he discovered when he first covered Tinder—a company now embroiled in a sexual harassment and discrimination case involving one of its co-founders. “What gives these allegations even greater sting is Wolfe’s contention that she was not just any employee but a Tinder co-founder—and was stripped of the designation as a result of the treatment she endured.”
A legendary American tech company faces new challenges, and new competition, in areas where it once dominated:
It would have been better to walk away. As the Government Accountability Office reviewed the award, documents showed the CIA’s opinion of IBM was tepid at best. The agency had “grave” concerns about the ability of IBM technology to scale up and down in response to usage spikes, and it rated the company’s technical demo as “marginal.” Overall, the CIA concluded, IBM was a high-risk choice. In a court filing, Amazon blasted the elder company as a “late entrant to the cloud computing market” with an “uncompetitive, materially deficient proposal.” A federal judge agreed, ruling in October that with the “overall inferiority of its proposal,” IBM “lacked any chance of winning” the contract. The corporate cliché of the 1970s and ’80s, that no one ever got fired for buying IBM, had never seemed less true. IBM withdrew its challenge.
The site’s internal numbers show that page views for October were up just 6 percent, to 83.6 million, and unique visitors were down 21 percent — growing pains as the site weans itself from longtime traffic teat MSN.com and develops its own, more clicky readers. Over the same time period, Gawker has more than doubled its audience, and the Huffington Post has a global readership roughly three times as large. Through October, the Daily Beast racked up publicity with long, will-they-or-won’t-they talks of a merger with Newsweek. When media people talk about the future of publishing online, in other words, they don’t talk about the site with the 12-year-old CMS.