The reason the U.S. is a good place to do business is that, for the past two centuries, it’s built a firm foundation on the rule of law. President Trump almost undid that in a weekend. That’s bad for business. -From a scathing short column by Matt Levine about businesses waking up to a harsh […]
Americans have been playing softball with their co-workers since the game grew out of several variants of baseball in the late 19th century. In 1895, Louis Rober, a lieutenant in the Minneapolis fire department, organized games of “kittenball” to entertain firefighters between runs. Blue-collar company teams proliferated over the next half-century. Office workers joined in later, […]
Like all people who hate Burning Man, I enjoy nothing more than reading articles about Burning Man. In February, Felix Gillette chronicled the semi-clad class warfare at last year’s Burning Man for Bloomberg Businessweek. Despite being a festival based on radical self-reliance, Black Rock City is seemingly overrun with tech billionaires setting up their own exclusive festivals-within-a-festival; ultra-luxe camps that […]
The paint-and-sip industry is a little more than a decade old. People show up to drink while an instructor slowly guides them, step-by-step, through the creation of a prechosen design. The idea was pioneered by Painting With a Twist, which two women in New Orleans started while looking for a reason to gather after Hurricane […]
In Bloomberg Businessweek, Claire Suddath reports that there are only two countries in the world that don’t have some type of legally protected, partially paid leave for working women who just had a baby: Papua New Guinea and the U.S. The result is another big gap between the haves and have-nots: The policies vary widely […]
Mugabe’s men were setting up command centers for torture and killing in areas that voted for the opposition, the man told McGee, and regional party leaders like him were told to draw up lists of people to target. The ambassador learned that Mugabe’s government had landed critical funding, totaling $100 million, only days after the […]
One thing about some of the new apps that will come as a shock to anyone familiar with Facebook: Users will be able to log in anonymously. That’s a big change for Zuckerberg, who once told David Kirkpatrick, author of The Facebook Effect, that “having two identities for yourself is an example of a lack […]
The billionaire oilman had the perfect plan to help his alma mater Oklahoma State University raise money—by taking out $10 million life insurance policies on him and 27 other people: Unfortunately for Oklahoma State, Pickens, and the other men and women who thought their demise would benefit their favorite university, Gift of a Lifetime has […]
What it’s like for an actor to become a TV commercial megastar—forever associated with a brand, for better and worse: On the day of the audition, roughly 30 actors showed up. When it was Olcott’s turn, he flashed his big, ecstatic smile. The director loved it, and Olcott got the job. In February, on a […]
How much blame for the financial crisis should be placed on people like Robert Rubin, former Clinton Treasury Secretary and Citigroup chairman? A fresh look at the decisions he made: Like many Rubin defenders, Sheryl Sandberg suspects that her mentor has become a scapegoat for events beyond comprehension.’My own view is that, look, these have […]
A look at the illegal tunnels that have been dug under the Arizona-Mexico border by Mexican cartels to smuggle drugs, and how U.S. law enforcement teams are dealing with them: Crime has been coming up out of the ground in Nogales for a while now. Since 1995 more than 90 illicit underground passageways have been […]
What Estonia can teach us about economic recovery—and how The country’s leaders got into a fight with New York Times columnist Paul Krugnan: On June 6, in a blog post titled ‘Estonian Rhapsody,’ Krugman took on what he called ‘the poster child for austerity defenders.’ In his post, he graphed real GDP from the height […]
One man’s quest to reshape the online porn industry through the “.xxx” top-level domain: The resistance to Lawley, whatever its merits, has the ring of desperation. ICM arrived at a moment of crisis for commercial porn. After enabling several boom years, the Internet has brought many smut marketers to their knees. Rampant freebies on “tube” […]
How Obama’s campaign manager Jim Messina is using technology and advice from high-profile mentors to prepare for November: The day after Jim Messina quit his job as White House deputy chief of staff last January, he caught a plane to Los Angeles, paid a brief visit to his girlfriend, and then commenced what may be […]
What the Facebook founder did to outmaneuver his competitors, and the challenges he faces to keep employees motivated and investors happy after the IPO: One area Facebook will have to prove itself in is mobile. Earlier this month, it amended its public filings with the SEC to disclose that it doesn’t collect any meaningful revenue […]
Coming Monday, May 14th: Bloomberg Businessweek and Longreads present “Behind the Tech Longreads”: A night of storytelling featuring Felix Gillette, Sheelah Kolhatkar, Brad Stone, Ashlee Vance and editor Josh Tyrangiel. Housing Works Bookstore Cafe, Manhattan, 7 p.m., Free admission RSVP on our Facebook Page
Steve Jobs pledged to go “thermonuclear” in Apple’s battle against Google’s Android and device manufacturers like Samsung who he claimed ripped off the iPhone and iPad designs. But bringing a patent fight to court comes with significant risks: Several Asian manufacturers were noodling around with similar-looking rectangular smartphones before the iPhone came to market. Tipping […]
Inside the social media factory created by former Huffington Post cofounder Jonah Peretti—how they’ve cracked viral content, invested in original content, and made money: At around 5 p.m., Stopera published ‘48 Pictures That Perfectly Capture the ’90s’ on BuzzFeed. ‘These pictures are all that and a bag of chips!’ he wrote at the top of […]
Inside CEO Dick Costolo’s efforts to perfect the company’s revenue model and compete with Google and Facebook for ad dollars: Twitter still makes money with licensing deals—Microsoft pays to get a real-time feed of tweets for its search engine, Bing. But Costolo firmly established the company’s primary identity as a communications tool that lets advertisers […]
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