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WeWork’s parent company is reportedly delaying its idiotic IPO plans

Sep17
by on September 17, 2019 at 7:21 am
Posted In: Around the Web, Insider


The Wall Street Journal reports that The We Company, which owns co-working space provider WeWork, is putting its plans for an IPO on hold. Finally, good sense prevails at the firm. The real estate company had achieved a private valuation of $47 billion back in January, but that’s since been cut down to $10 billion. As if it isn’t alarming enough that it’s now estimated to be worth close to a mere fifth of its January figure, it’s worth noting the $10 billion valuation is less than the $12 billion it raised over the years. WeWork is expected to postpone…

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Making diversity fly

Sep17
by on September 17, 2019 at 4:48 am
Posted In: Around the Web, Podium


I’m passionate about diversity, but not (just) because it’s the right thing to do. Sure, affording people equal opportunity, regardless of which genitalia they happen to be born with is a morally justifiable choice, but to me, it’s mostly a business no-brainer. Over what now feels like an eternity working in the creative and technology industries, I’ve seen the difference that fostering diversity can make to innovation. Simply put, you don’t get that much of it without it. As my shero Cyndy Gallop puts it so well, “Women challenge the status quo, because we are never it.” What I like…

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Richard Stallman resigns from MIT following comments about Epstein’s victims

Sep17
by on September 17, 2019 at 4:39 am
Posted In: Around the Web, Insider


Free software advocate and computer scientist Richard Stallman has resigned from his position at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL). The news comes just days after he made comments in an email conversation with others at the lab about the victims of billionaire and alleged sex trafficker Jeffrey Epstein, who had previously donated large sums of money to the university. In the last email that Stallman addressed to ‘The MIT community’ and published on his site, he noted he was “doing this due to pressure on MIT and me over a series of misunderstandings and mischaracterizations.” In the…

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