It's about time.
This Monday, GoPro will unveil the Karma at a live event. Fast Company will be there. Stay tuned for our coverage.
It's about time.
This Monday, GoPro will unveil the Karma at a live event. Fast Company will be there. Stay tuned for our coverage.
On the surface, the new mission statement that social networking giant Facebook unveiled today, "Give people the power to build community and bring the world closer together," doesn't sound all that different than the old one, "To give people the power to share and make the world more open and connected." But Facebook is a giant business, and it's taken a lot of flak recently for being a medium that propagates divisiveness. Step by step, Mark Zuckerberg's company has tried to tackle that reputation, with Zuckerberg's manifesto, with lots of new tools for combating the spread of fake news, as well as new systems for trying to keep terrorists off the service.
Facebook doesn't make changes to things like its mission statement without lots of internal discussion. So it's clear that the new one is about making the case that it's about building unity rather than just being a place for people to share their ideas–no matter what those ideas may be. As Zuckerberg put it today, "We need to give people a voice to get a diversity of opinions out there, but we also need to build enough common ground so we can all make progress together. We need to stay connected with people we already know and care about, but we also need to meet new people with new perspectives. We need support from family and friends, but we also need to build communities to support us as well."
It's a very optimistic message, and Facebook is going to have to do a lot to convince skeptics that it can be a force for positive change in a world that desperately needs one. It won't be easy, and it won't happen immediately. But as the largest community of people the world has ever seen, with nearly 2 billion active users, Facebook has the potential to be that change agent. "Our lives are all connected. In the next generation, our greatest opportunities and challenges we can only take on together–ending poverty, curing diseases, stopping climate change, spreading freedom and tolerance, stopping violence," Zuck wrote. "No single group or even nation can do them alone." DT
A report by the Information today levied allegations of unwanted advances against Justin Caldbeck, a "well-connected" cofounder and partner at Silicon Valley VC firm Binary Capital. Six women who have previously consulted with Caldbeck in some capacity—be it for funding or advice while starting a business—told the Information he had behaved inappropriately with them. The women making the accusations include Google alum and former Minted CTO Niniane Wang and Susan Ho and Leiti Hsu, who cofounded travel concierge service Journy. From the story:
Ms. Wang alleges Mr. Caldbeck, while informally trying to recruit her for a tech company job, tried to sleep with her. Ms. Ho said that Mr. Caldbeck, while discussing investing in their startup, sent her text messages in the middle of the night suggesting they meet up. Ms. Hsu says that Mr. Caldbeck groped her under a table at a Manhattan hotel bar.
The other women, who chose to remain anonymous, reportedly had similar accounts. Binary denied the allegations altogether:
Binary issued a statement that said the notion Mr. Caldbeck had "engaged in improper behavior with female entrepreneurs" was "false." Binary said that while the Information had "found a few examples that show that Justin has in the past occasionally dated or flirted with women he met in a professional capacity, let's be clear: There is no evidence that Justin did anything illegal, and there is no evidence that any of his investing decisions were affected by his social interests.
If you've been paying attention, none of this—the allegations or Binary's flippant response—is remotely surprising. The Information spoke to a number of women in tech who said they had similar encounters with other VCs, and they felt it was part of the reason female founders were underrepresented in tech. What's worse is that sexual harassment laws meant to protect employees don't apply to the VC-founder relationship. Read the full report here. PM
Some employees want to bring back ousted CEO Travis Kalanick. An email is reportedly circulating among Uber staff, asking them to sign a petition calling for Kalanick's return. According to Axios, more than 1,000 current employees have signed. It appears there is a disconnect between employees who see Kalanick as an important driver of Uber's business and the board members who feel he has become a liability. The internal turmoil over how to revamp Uber's corporate culture and goals indicates a long and difficult road ahead for the ride-hailing company as it attempts to refashion its image. RR
Moisturizer is a tricky product. Our skin's moisture levels change throughout the day, and depending on the season, many products that feel good in the morning don't work by the afternoon or evening, when conditions change. The ideal product would adapt to your skin, identifying when it is drier or sweatier.
Beautycounter, a brand that focuses on creating safer beauty products, has been working on a solution. The challenge was made harder by the fact that the brand has a list of 1,500 ingredients that it will never include in a product because they are known to cause harm. But a Beautycounter scientist has managed to create a bio-mimicking formula that deploys ingredients in green olives, beetroot, and green rice. The moisturizer is supposed to match the structure of your skin and adapt to its hydration levels throughout the day. In a clinical study, the product appeared to keep users' skin optimally hydrated for 26 hours.
There's clearly a market for an adaptive moisturizer. Beautycounter sold out of the cream in 24 hours after it launched earlier this week. The brand is now feverishly working to make more to meet demand.
(Image via Beautycounter) ES
On Sunday night's episode of Last Week Tonight, John Oliver targeted the coal industry. Now they are striking back. In the episode, he pleaded with President Trump to "stop lying to coal miners" about his ability to revive the shrinking industry. Oliver also targeted Bob Murray, the notoriously litigious CEO of Murray Energy, even though he knew he was likely to be sued for doing so, as the company sent the show a cease-and-desist order before the episode even aired.
Murray runs the country's largest privately owned coal company, Murray Energy Corporation, and has sued media companies in the past, including recently filing a libel suit against the New York Times. Despite that cautionary tale, on the June 18 episode of Last Week Tonight, Oliver said Murray doesn't do enough to protect his miners' safety. He illustrated that point with a government report that concluded that the collapse of one of Murray's mines in Utah, which killed nine people, was due to unauthorized mining practices, while Murray claims the collapse actually happened because of an earthquake.
A legal complaint filed on June 21 in the circuit court of Marshall County, West Virginia, states that Oliver and his team "executed a meticulously planned attempt to assassinate the character of and reputation of Mr. Robert E. Murray and his companies," They called the segment a "callous, vicious, and false attack" that "childishly demeaned and disparaged" Murray, "a 77-year old citizen in ill health," which they claim caused "emotional and physical distress and damage." The complaint also says Murray's legal team tried to share studies with Oliver's staff that proved an earthquake was responsible for the mine collapse, but were ignored.
HBO, however, stands by Oliver and his team. "We have confidence in the staff of Last Week Tonight and do not believe anything in the show this week violated Mr. Murray's or Murray Energy's rights," HBO said in a statement to Fast Company.
[Photo: Wikipedia] ML
After weeks of closed-door meetings, Senate Republicans have finally unveiled their revamped health care bill, which is intended to kill the Affordable Care Act.
The New York Times writes that the new 142-page bill would create a tax credit system enabling citizens to purchase their own insurance. It also, reports the Times, gets rid of many Obamacare benefits, including "maternity care, emergency services and mental health treatment."
Extraterrestrials are going to have to wait a little longer to try KFC's spicy chicken sandwich. Back in April the company made Rob Lowe dress up like Colonel Sanders to help announce KFC's plan to launch a sandwich into space to prove it's out of this world or some other marketing malarkey. They weren't joking, though. KFC teamed up with World View to launch a high-altitude balloon/sandwich delivery system, which was supposed to reach the stars today, but has been delayed because of high wind conditions. "Due to weather, we won't be launching the Zinger today," KFC wrote on Facebook. "But technically mankind has waited all of eternity to launch a chicken sandwich into space, so a little longer probably won't hurt. Updated launch date to come."
As reported by Space.com, World View tweeted that the next interstellar sandwich delivery attempt could come as early as Saturday.
Well, this tweet from BuzzFeed's media reporter isn't disconcerting at all:
Well then. Bed bugs detected at BuzzFeed NYC HQ. Fumigation happening tomorrow, employees asked to WFH "out of abundance of caution"— Steven Perlberg (@perlberg) June 22, 2017
Bedbugs, while a disturbingly common problem in New York, are still the stuff of urban nightmares. Hopefully the issue is exterminated swiftly. My thoughts will be with all BuzzFeed—or BugzFeed (I'm so sorry)—staff who may or may not be carrying the insects. Good luck, but please stay away from my apartment. CGW
JD.com, which Recode describes as the "Amazon of China," has just invested nearly $400 million into the luxury e-commerce retailer Farfetch. JD.com founder and CEO Richard Liu will also join Farfetch's board. This will drastically amp up Farfetch's presence in China, which is already the world's largest luxury market.
Farfetch is shaping up to be a powerful force in luxury e-commerce. Last week, Condé Nast International announced that it would be killing off its e-commerce site Style.com and, instead, investing $20 million in a partnership with Farfetch.
[Photo: Igor Ovsyannkov] ES
Facebook is offering a new feature to its users in India aimed at curbing profile picture misuse. The new controls stops people from being able to download other people's profile pictures, or tag themselves or other people in them. Additionally, Facebook says it's going to try to prevent users from taking screenshots of profile pictures, when possible.
In a blog post, Facebook says many Indian women choose to not show their face on their profile picture because of potential misuse. These solutions, says the company, will help give them more control.
[Photo: Alejandro Photography] CGW
Qatar Airways plans to dole out $808 million to buy a 10% stake in American Airlines, making the state-owned airline one of American's largest shareholders, Bloomberg reports.
It's an interesting strategy for the Doha-based airline, which has been suspending flights to Middle Eastern neighbors as tensions in the region grow. American has accused Middle Eastern carriers of unfair competition in international air travel. It argues that state subsidies allow the carriers to offer lower ticket prices on international flights. According to Bloomberg, American said the proposed investment doesn't change its stance on the issue and hopes the U.S. government will protect the U.S. aviation industry against what it sees as shady practices. Qatar Airways' move is also interesting in the wake of the Trump administration's seeming indecisiveness on Qatar, having both accused Qatar of harboring and funding terrorists, and then selling it $12 billion in fighter jets, and then accusing Middle Eastern nations of being unfair to Qatar for failing to justify their embargo on the nation.
Behind the reality-show circus of political scandals are the hidden technical and bureaucratic happenings that most affect our work and lives. To help people keep on top of them all, San Francisco company IFTTT has announced a slew of new automatic update services that expand on a pilot program launched in March.
Short for "if this, then that," IFTTT is a point-and-click tool that allows people to string together online services and trigger actions based on specific criteria. For instance, if the U.S. State Department issues a travel warning for a country, you can trigger it to send the info to a particular email address. That's one of 40-plus of pre-built scripts that IFTTT released today, tying information from mostly U.S. government agencies and other organizations into services like email, Google Sheets, Evernote, Slack, Facebook, and Twitter. Other examples include automatically:
* Entering new data from the Bureau of Economic Analysis into a Google spreadsheet
* Sending email updates when ClinicalTrials.gov announces new trials for diabetes or cancer treatment
* Posting new Department of Labor monthly employment data to project-management app Trello
* Tweeting the latest news from the EPA for a specific topic, like air pollution
* Saving FCC press releases to read later in bookmarking app Pocket
* Saving environmental information from the National Science Foundation to filing app Evernote
* Sharing SEC investor alerts with coworkers in chat app Slack
* Posting Department of Agriculture food recall news to Facebook or Twitter
There are some more down-to-earth ones, like updates on public transit services, as well as some entertaining and whimsical items. For instance, Library of Congress IFTTT scripts can email users the Today in History blog post or update an Android phone's wallpaper with a new photo.
You can find the whole list of scripts, and instructions for making your own, on IFTTT's website.