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VOICE ARCHIVE

Scott Austin

@scottmaustin
37 posts
2020-12-04
Wow @hbomax is upping the ante vs. Disney+/Netflix. Every 2021 Warner Bros movie will debut on HBO Max at the same time as theaters ("Matrix 4," “Dune,” Godzilla vs. Kong," etc.) Reminder that Disney+ charged $30 to watch Mulan for the first month. https://www.wsj.com/... https://twitter.com/...
2020-12-04 View on X
The Verge

Warner Bros. says it will release every single movie in 2021 simultaneously in theaters and on HBO Max in the US and stream them for one month

For a period of one month in the United States  —  WarnerMedia is pushing even more aggressively into streaming by releasing every single movie in 2021 simultaneously on HBO Max.

2020-11-25
We need a better disinfectant for disinformation. https://twitter.com/...
2020-11-25 View on X
New York Times

Sources: after the election, Zuckerberg agreed to temporarily tweak Facebook's algorithm to make authoritative news like CNN and NYT appear more prominently

Good morning!  This Wednesday, markets are booming … Charlesarthur / The Overspill : Start Up No.1437: new Honor phones to struggle for chips, UK government accused of blocking FOI...

We need a better disinfectant for disinformation. https://twitter.com/...
2020-11-25 View on X
New York Times

Avaaz study: a small group of mostly right-wing Facebook accounts are responsible for the spread of a disproportionate amount of false posts about voter fraud

Researchers have found that a small group of social media accounts are responsible for the spread of a disproportionate amount of the false posts about voter fraud. Tweets: @digiph...

2020-09-02
Lamborghini for sale! Highly sought-after car. Motivated seller, forced to find a new owner. Oh yeah, one more thing ... engine not included. https://www.wsj.com/...
2020-09-02 View on X
Wall Street Journal

Sources: TikTok sale talks have been complicated by China's new AI export restrictions, with parties unsure whether TikTok's algorithms can be included

Complexity of new Chinese export restrictions has reduced the chances of a sale occurring soon  —  Deal talks for TikTok's U.S. operations …

2020-06-06
Quite an admission, and self-burn, by an Amazon executive about his company's own video-chat product, Chime: “It's nice, but it's not Slack,” said Matt Garman, AWS' vice president for sales and marketing. https://www.cnbc.com/...
2020-06-06 View on X
CNBC

Amazon to license Slack for all employees, while Slack will use underlying tech from AWS's Chime video-calling service to improve its video and audio calls

Jordan Novet / CNBC :

2020-06-05
Quite an admission, and self-burn, by an Amazon executive about his company's own video-chat product, Chime: “It's nice, but it's not Slack,” said Matt Garman, AWS' vice president for sales and marketing. https://www.cnbc.com/...
2020-06-05 View on X
CNBC

Amazon to license Slack for all employees, while Slack will use underlying tech from AWS's Chime video-calling service to improve its video and audio calls

- Slack will draw on the underlying technology for Amazon Web Services' Chime video-calling service to deliver better video calls for millions of Slack users.

2020-05-22
Facebook worker poll, according to Zuckerberg: -40% are somewhat or very interested in remote work -50% want to return to the office as fast as possible -Of those who want to WFH, 45% are confident they'd move to another city; 30% said they might move -60% want hybrid office/WFH
2020-05-22 View on X
NBC News

Facebook says it will let many of its 50,000 employees work from home permanently, “aggressively” open up remote hiring, first in the USA, then elsewhere

Facebook CEO Mark Zuckerberg said Thursday that the social media giant will start allowing many of its 50,000 employees …

Of the FB employees who say they'd move elsewhere in the U.S., 38% said they'd move to another big city. This is from Zuckerberg's live FB town hall: https://www.facebook.com/...
2020-05-22 View on X
NBC News

Facebook says it will let many of its 50,000 employees work from home permanently, “aggressively” open up remote hiring, first in the USA, then elsewhere

Facebook CEO Mark Zuckerberg said Thursday that the social media giant will start allowing many of its 50,000 employees …

Facebook worker poll, according to Zuckerberg: -40% are somewhat or very interested in remote work -50% want to return to the office as fast as possible -Of those who want to WFH, 45% are confident they'd move to another city; 30% said they might move -60% want hybrid office/WFH
2020-05-22 View on X
The Verge

Zuckerberg: Facebook could get to about half of staff working remotely permanently in 5-10 years and will be the “most forward-leaning company on remote work”

don't shoot the messenger. Fili-Perf / @fabrantes : This is big coming from Facebook, it has never been a remote friendly company. I'm loving this trend of increased decentralizati...

2020-04-23
It appears VC investor Bill Gurley is stepping away from Benchmark after 21 years https://www.wsj.com/... Aside from being 6'9", he's best known as an early Uber investor and for sounding the alarm that Silicon Valley startups were taking on too much risk https://www.wsj.com/...
2020-04-23 View on X
Wall Street Journal

Sources: Bill Gurley will not be a partner in Benchmark's 10th venture fund but will continue to work with companies he led earlier investments in

Lead investor won't be involved in new fund for first time since he joined firm in 1999  —  Bill Gurley—one of the most prominent …

2020-04-01
Read this great story by @DanaMattioli and @SebasAHerrera about how Amazon didn't have a pandemic plan and is now straining to catch up... https://www.wsj.com/... ...then compare it with H-E-B's decade-long planning https://www.texasmonthly.com/ ... Two interesting business cases!
2020-04-01 View on X
Wall Street Journal

Amazon's retail business has struggled to find its footing during the pandemic, as surging order volume has resulted in shortages, delays, and worker unrest

Tech giant faces overwhelming demand, mass absences and a restive workforce  —  On a mid-March midnight shift …

2019-11-07
A moment of regret for Softbank's normally confident leader Masayoshi Son: “My own in­vest­ment judg­ment was re­ally bad. I re­gret it in many ways.” About WeWork and Adam Neumann: “I shut my eyes to a lot of his neg­a­tive as­pects.” https://www.wsj.com/...
2019-11-07 View on X
New York Times

Following SoftBank's first loss in 14 years, CEO Masayoshi Son says his WeWork bet was a mistake, describing it as a “harsh lesson”, and vows to move forward

Ben Dooley / New York Times :

2019-11-06
A moment of regret for Softbank's normally confident leader Masayoshi Son: “My own in­vest­ment judg­ment was re­ally bad. I re­gret it in many ways.” About WeWork and Adam Neumann: “I shut my eyes to a lot of his neg­a­tive as­pects.” https://www.wsj.com/...
2019-11-06 View on X
New York Times

Following SoftBank's first loss in 14 years, CEO Masayoshi Son says his WeWork bet was a mistake, describing it as a “harsh lesson”, and vows to move forward

Masayoshi Son defended the Japanese company's investment, while admitting he misjudged the American firm's founder, Adam Neumann.

A moment of regret for Softbank's normally confident leader Masayoshi Son: “My own in­vest­ment judg­ment was re­ally bad. I re­gret it in many ways.” About WeWork and Adam Neumann: “I shut my eyes to a lot of his neg­a­tive as­pects.” https://www.wsj.com/...
2019-11-06 View on X
Bloomberg

SoftBank reports a loss of $6.5B, its first quarterly operating loss in 14 years, and a loss of $8.9B in the Vision Fund, including a charge of $4.6B for WeWork

SoftBank Group Corp. reported its first quarterly operating loss in 14 years after writing down the value of some of its marquee investments …

2019-09-23
Breaking on @WSJ: WeWork board members including from SoftBank want to remove CEO Adam Neumann. (He of course has the ability to fire the board.) https://www.wsj.com/... This follows @eliotwb's revealing profile of Neumann's eccentric behavior https://www.wsj.com/...
2019-09-23 View on X
Wall Street Journal

Sources: several WeWork directors, including SoftBank members, plan to push for Adam Neumann to step down as CEO

SoftBank officials are among those expected to push for Neumann ouster  —  A bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive …

2019-09-17
The change could also boost brand-name products or third-party listings on the site that might be more profitable than Amazon's products. And the algorithm still also stresses longstanding metrics that are proxies of popularity such as unit sales.
2019-09-17 View on X
Wall Street Journal

Sources: Amazon changed its search algorithm last year to boost items that were more profitable for it, overriding internal dissent from lawyers and engineers

Jeff Bezos opened his 2016 letter to Amazon shareholders like this: Jon Brodkin / Ars Technica : WSJ: Amazon changed search results to boost profits despite internal dissent Victor...

Any tweak to Amazon's search-algorithm system has broad implications because the giant's rankings can make or break a product. Amazon says it has for many years considered long-term profitability and does look at the impact of it when deploying an algorithm.
2019-09-17 View on X
Wall Street Journal

Sources: Amazon changed its search algorithm last year to boost items that were more profitable for it, overriding internal dissent from lawyers and engineers

Jeff Bezos opened his 2016 letter to Amazon shareholders like this: Jon Brodkin / Ars Technica : WSJ: Amazon changed search results to boost profits despite internal dissent Victor...

Amazon has adjusted its product-search system to prominently feature listings that are more profitable for the company—a move, contested internally, that could also favor Amazon's own brands. @DanaMattioli with the inside story on the fight within Amazon https://www.wsj.com/...
2019-09-17 View on X
Wall Street Journal

Sources: Amazon changed its search algorithm last year to boost items that were more profitable for it, overriding internal dissent from lawyers and engineers

Jeff Bezos opened his 2016 letter to Amazon shareholders like this: Jon Brodkin / Ars Technica : WSJ: Amazon changed search results to boost profits despite internal dissent Victor...

For years, Amazon's search team faced pressure from its retail teams to artificially promote certain items higher in search results. “We fought tooth and nail with those guys, because of course they wanted preferential treatment in search,” said one former search executive.
2019-09-17 View on X
Wall Street Journal

Sources: Amazon changed its search algorithm last year to boost items that were more profitable for it, overriding internal dissent from lawyers and engineers

Jeff Bezos opened his 2016 letter to Amazon shareholders like this: Jon Brodkin / Ars Technica : WSJ: Amazon changed search results to boost profits despite internal dissent Victor...

2019-09-16
For years, Amazon's search team faced pressure from its retail teams to artificially promote certain items higher in search results. “We fought tooth and nail with those guys, because of course they wanted preferential treatment in search,” said one former search executive.
2019-09-16 View on X
Wall Street Journal

Sources: Amazon changed its search algorithm last year to boost items that were more profitable for it, overriding internal dissent from lawyers and engineers

The e-commerce giant overcame internal dissent from engineers and lawyers, people familiar with the move say.