What we’re reading (1/24)
“Microsoft Earnings Fell Last Quarter Amid Economic Concerns” (Wall Street Journal). “Microsoft Corp. recorded its slowest sales growth in more than six years last quarter as demand for its software and cloud services cooled on concerns about the health of the global economy.”
“U.S. Accuses Google Of Abusing Monopoly In Ad Technology” (New York Times). “The Justice Department and a group of eight states sued Google on Tuesday, accusing it of illegally abusing a monopoly over the technology that powers online advertising, in the agency’s first antitrust lawsuit against a tech giant under President Biden and an escalation in legal pressure on one of the world’s biggest internet companies.”
“Netflix’s New Chapter” (Stratechery). “The simplified story of Netflix’s founding starts with Reed Hastings grumbling over a $40 late charge from Blockbuster, and ends with the brick-and-mortar giant going bankrupt as customers came to prefer online rentals from Netflix, with streaming providing the final coup de grâce. Neither are quite right.”
“A Married Couple With A 4-Month-Old Baby Were Both Laid Off By Google, While One Of Them Was On Parental Leave” (Insider). “A husband and wife with a 4-month-old baby said they were both hit Friday by Google's mass layoffs. Allie and Steve, who asked to go by their first names only but whose identities are known to Insider, had both relocated to California when Allie started working for the tech giant six years ago. Steve began working at the company about two years later.”
“How These Dog Walkers Make Over $100,000 A Year” (New York Times). “Dressed in black leggings and a puffer jacket, Bethany Lane, 35, was walking down Bleecker Street in Manhattan last Friday afternoon with a pack of three goldendoodles and one bernedoodle named Tinkerbelle. They poked their noses into the Whalebone store to collect some treats, before trotting along the Hudson River Park and having their photos taken by several tourists.”
