Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
How big a hole is the U.S. daily newspaper industry in? We know the toll in newsroom jobs — about 20,000 lost in a little under a decade — and the fact that the industry as a whole took in about $26 billion less in 2014 than it did a decade earlier. We’re used to,…
It’s a measure of how much the economic and cultural landscape has changed in eight years that Apple’s app developers earned as much last year as Hollywood took in from U.S. box offices — $10 billion. There’s more to Hollywood’s revenue stream than the U.S. box office, of course. But as Horace Dediu wrote Thursday,…
Stewart Butterfield had one objective when he set out to raise money for his startup last fall: a billion dollars or nothing. If he couldn’t reach a $1 billion valuation for Slack, his San Francisco business software company, he wouldn’t bother. Slack was hardly starving for cash. It was a rocket ship, with thousands of…
Here’s a basic rule of investing. When everyone is crowded into a trade, run the other way. That’s what we have right now with the U.S. dollar DXY, +1.05% . A crowded trade. It is hard to find anyone who isn’t bullish on the dollar. So it makes sense to bet the other way. You…
END ID=”RES378917634″ CLASS=”BUCKETWRAP STATICHTML” We bet against this. Quoctrung Bui/NPR hide caption itoggle caption Quoctrung Bui/NPR We bet against this. Quoctrung Bui/NPR If you own a house, stock, bonds, or a retirement account, you’re betting that things are going to get better — that the lines on the chart will keep going up. Historically, this…
ECB QE launch boosts European debt, stocks and pummels euro By Marius Zaharia LONDON Thu Jan 22, 2015 3:26pm GMT A trader reacts in front of the German DAX Index board at the Frankfurt stock exchange January 22, 2015. Credit: Reuters/Ralph Orlowski LONDON (Reuters) – European government borrowing rates plummeted to record lows, the…
Today Tumblr is announcing the launch of Creatrs, a new program that matches up Tumblrs artists with brands and advertising campaigns. The project has been in development for roughly a year. At a breakfast meeting at Tumblr’s offices in New York, head of creative strategy David Hayes explained the ways in which Tumblr is expanding its…
<br /> Sen. Joni Ernst did her best in her robotic SOTU response to let us know that she empathizes with folks facing hard times: You see, growing up, I had only one good pair of shoes. So on rainy school days, my mom would slip plastic bread bags over them to keep them dry….
The measles outbreak that started at Disneyland in late December has been spreading; most recently, it’s hit Huntington Beach High School in Orange County, where 24 unvaccinated students have been told to stay home from school after an infected classmate exposed the school to the disease. Thanks a lot, paranoids who don’t want their precious…
Activist Emma Holten Fights Back Against Revenge Porn by Reclaiming Her Body In a Powerful Photo Series | Bustle.