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Marissa Mayer Ignores the Haters
Brad Barket/Getty
The Yahoo chief’s perceived missteps may rivet the media, but she’s not concerned with negativity, she told Wired’s Business Conference. And the working from home flap? She’s over it, reports Nina Strochlic.
Marissa Mayer isn’t listening to her critics. In February, the young CEO drew fire and ignited a debate after barring Yahoo employees from working outside the office. “I really didn’t mean for it to become an industry narrative about whether people could successfully work from home,” she said with a hint of bemused frustration at Wired’s Business Conference on Tuesday. “It’s gotten taken to hyperbole.”The 37-year-old Mayer has attracted all kinds of criticism and speculation since her Yahoo appointment last summer made her the youngest head of a Fortune 500 company.
Abramson Leans In
Brad Barket/Getty
New York Times Executive Editor Jill Abramson discusses multimedia, covering the Boston Marathon attacks, and Buzzfeed.
If you've seen the graceful, groundbreaking multimedia package of “Snow Fall,” John Branch’s Pulitzer-prize-winning investigation of a deadly avalanche, you'll know why the The New York Times's newsroom has turned the story package into a verb. “Everyone wants to Snow Fall now,” said Executive Editor Jill Abramson (who calls herself "a total words person"), at Wired's Business Conference Tuesday afternoon.Sitting down with Wired's Editor in Chief Scott Dadich, the Times's first female top editor started by delving into the company's April 15 Pulitzer celebration gone sour, as news of the Boston Marathon bombings spread through the wires.
Warby Parker’s Vision
The online glasses retailer has thrived with a unique business model: low prices, hip vintage frames, and a promise to donate glasses to people in the developing world.
Warby Parker’s first office was inside cofounder Neil Blumenthal's apartment, where the fledgling company's glasses samples were displayed across his dining-room table. Soon after, the startup took the plunge for a real office, in New York’s Union Square, and was promptly kicked out when an endless flow of customers broke the building’s one elevator.Three years since four Wharton School of the University of Pennsylvania students conceived of the idea, Warby Parker has defied expectations.
Adobe Ditches Boxes
To sell software online
Another icon goes all-digital. Adobe Systems will no longer offer new versions of its creative software in stores but, rather, will focus on selling its products online. While a risk for a company whose revenue comes in large part from its packaged software, Adobe is making the bet that savings on labor costs and a smoother delivery of products will keep creative professionals happy with its products.
Pfizer Puts Viagra Online
To combat counterfeiters.
Now the solution is just a click away. Viagra, one of the most counterfeited drugs in the world, will now be sold online by Pfizer. As of Monday, the drug, worth more than $2 billion in sales a year, is available online via CVS/pharmacy. If successful, drugs that may be seen as embarrassing, such as those for weight loss or skin conditions, may follow suit.
Microsoft’s Windows 8 Fix
To repair flaws in vital system.
This is going to be a bitter pill for Steve Ballmer. In what is being called a “significant admission of failure,” Microsoft will be releasing an updated version of its operating system, as users have had difficulties with the software. Windows 8 was launched to move Microsoft into the tablet era using a tile interface as opposed to the traditional desktop home screen. The failure of Windows 8 has been pointed to as a major source of slumping PC sales.
Never Mess With the Oatmeal
Koa Metter
Matthew Inman of the wildly popular Oatmeal comics has a new book, ‘My Dog: The Paradox,’ out today. He talks to Jean Trinh about his critics, charitable fundraisers, and more.
An “Internet kingpin” and a “force to be reckoned with” are just a couple of the descriptions media outlets have assigned to Matthew Inman, creator of The Oatmeal, one of the most popular comics on the Web. Even Mashable warns readers, “Rule number one on the Web: You don’t mess with The Oatmeal.”It seems a surprising take on Inman, 30. The Seattle resident is better known for his geeky, relatable humor; for capturing funny and touching moments with his pets; and for his entertaining musings on grammar, the underrated and dangerous mantis shrimp, and 20th-century physicist Nikola Tesla.
Vertical Farms Take Root
Martha Irvine/AP
The indoor, multi-level farms that are sprouting up near urban areas in the U.S. and abroad are helping to slash the distance produce travels from farm to table.
On average, food travels 1,500 miles to get from distant fields to the typical dinner table. In colder weather, that number can rise drastically, when stores have to fly produce like blueberries and tomatoes in from tropical locales like Mexico and Peru.But the arugula and basil produced year around at FarmedHere, a farm that opened in March outside Chicago, never travels more than 25 miles to market. And because the greens are grown in an indoor, multi-level facility, they’re available all year round.
Reunited by Facebook
After years of fruitlessly searching for her birth mother, Cyndi Lane turned to social media—and found a new family.
Once, Cyndi Lane had parents and cousins and aunts and uncles, and then she had none. Eight years ago, a cousin came to visit with Lane’s newborn son, and the two had an emotional heart-to-heart. “I need to tell you something that’s going to change the rest of your life,” the cousin suddenly blurted out. It was what Lane had always subconsciously known: she had been adopted. For decades, her dark-haired Italian family refused to admit to their suspiciously blonde-haired, blue-eyed daughter that she wasn’t their biological child, even though the whole family knew otherwise.
Solar’s Jobs Juice
Santa Rosa Press Democrat/Zuma, via Corbis
Coal accounts for a vastly larger chunk of electricity production than solar. But industry reports suggest there are more solar employees than coal miners in the U.S.
“America has more solar workers than coal miners,” declared a CNN report in late April that summarized a survey done by the Solar Foundation, a nonprofit research and advocacy group. The National Solar Jobs Census, released in November 2012, found that there were 119,016 “solar workers,” meaning employees “who spend at least 50% of their time supporting solar-related activities.”About 57,000 of workers were engaged in the installation of solar-power equipment, up 9,000 from the year before, while about 30,000 worked in manufacturing, off 8,000 from 2011.
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Colbert Rips 'Spreadsheet Error' in Austerity Supporting Harvard Study
After a University of Massachusetts student found significant errors in a study beloved by budget cutters world over by Harvard economists Kenneth Rogoff and Carmen Reinhart, Stephen Colbert does what he does best -- leaves them in the dust.
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James D. Hamilton and Menzie Chinn
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Mark Thoma – Economist’s View
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Barry Ritholtz – The Big Picture
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Tyler Cowen/Alex Tabarrok – Marginal Revolution
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Peter Boone, Simon Johnson, and James Kwak
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Eddy Elfenbein — Crossing Wall Street
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Zero Hedge
Business
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You’re Doing It Wrong!
The Federal Reserve chairman has been working like a dog to keep the economy moving, he... More
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Big Fat Green Government
Tree huggers and deficit hawks rejoice: The federal government is buying up to 10,000... More
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Our Swiftly Melting Deficit
Just when everyone wrote us off as the next Greece, we started shrinking our deficit,... More
Asymmetrical Information
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Amazon to Build a Market for Fan Fiction
eBooks are finally changing how we write, as well as how we read
Latest from The Daily Beast
Learning from Israeli Druze Hamad Amar
Samuel Lebens on how politician Hamad Amar is helping Israeli Druze youth feel part of the wider Israeli society, without giving up on the traditions, beliefs and rituals that make the Druze distinct.



