Posts Tagged ‘Bloomberg’
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We’re not saying that Twitter needs to start moving on this issue; everything on the monetary and service fronts seems to be going pretty well. But these quotes, delivered by former Bank of America executive Sallie Krawcheck at a Bloomberg event titled “The Year Ahead: 2014″ have to hurt:
[The] lack of women on its board is “a joke”…”this is a fairness issue.”
…the situation is “just as bad” as the financial-services industry.
Carol Browner, one-time Obama adviser and EPA administrator, also had some choice words:
Women think differently than men and “can see problems they don’t see.”
The slow progress proves women still “have a ways to go” to gain equal footing in the business world.
Ouch. And reporters are going to keep writing about it, even though we have no doubt that CEO Dick Costolo would prefer that they stop.
You know what, guys? There is something you can do about this…
This morning’s big media news scoop, via Bloomberg: Forbes Media is on the market for sale to the highest bidder.
Hell, the headline reads “Preserving Venerable Forbes Brand, With an Aggressive Digital Drive”, and the article is all about how the Forbes native advertising program (which totally works, BTW), along with sponsored events and other new revenue streams, will increase its value as a standout in the floundering media field. From the second and eighth paragraphs:
Forbes Media’s 60-year-old soft-spoken and folksy chief executive…has spent the last three years transforming the company from a financially troubled family business into an enterprise that has moved aggressively to embrace the new digital landscape.
Forbes spokeswoman said that advertising revenue for Forbes.com would grow by 35 percent from 2010 to 2013
Times columnist Christine Haughney just wrote their sales pitch for them.
Lululemon may be a big success business-wise, but the company can’t seem to avoid shooting itself in the foot on the PR front. First there was the “sheer” disaster, then the brand unintentionally dissed a Texas women’s shelter with a cheeky tagline. Now, in an interview with Bloomberg, company co-founder Chip Wilson made an unfortunately worded statement implying that the reason the pants “don’t work for some women” is that their bodies aren’t quite right. Here’s the weird remix and here’s Good Morning America‘s take:
NPR notes that Wilson “recovered somewhat, saying, ‘No, I think [most women] can [wear our pants], I just think it’s how you use them.’”
Not quite a great save. Can we all agree that the company’s chiefs need some coaching on the whole live TV thing?
Yes, we know that they’re adorable and majestic (which is kind of incredible, considering that they subsist on the Regina George “all carb” diet of bamboo followed by more bamboo and topped off with a little bamboo chaser). But Bloomberg‘s Timothy Lavin isn’t having any of it, and yesterday he wrote a piece titled “I Hate Pandas and You Should Too” to explain why.
See, Lavin doesn’t think everybody should get so excited about the National Zoo’s newest and cuddliest resident, because pandas are really just…marketing tools!!
It’s a perfect 21st century PR conundrum: You’re a big company. Your servers got hacked. Now you have to make a decision: Go public? Hold back? Deny everything? More and more big-name brands are taking the “strength in numbers” approach by admitting that they were “compromised”–as long as their competitors do it first.
Google was the first big brand to call itself the victim of cyber hackery back in 2010, and since then others have joined the growing chorus: Earlier this month it was Twitter, followed by Facebook, Apple, The Wall Street Journal, The Washington Post and The New York Times. (Burger King and Jeep had their Twitter feeds hacked this week, but that’s a different thing entirely.)
Some brands, like Bloomberg, continue to issue less-than-believable denials. We understand the desire to avoid saying “Yes, we were hacked by China”–but this kind of stubbornness can make brands look worse, especially when third-party sources confirm the reports.
Should companies go public after being hacked to get ahead of the story? Or should they hide in the shadows and issue no comment until the time is right?
At an event yesterday, The Huffington Post and AOL introduced The Huffington Post Streaming Network (HPSN), a live network that will broadcast 12 hours per day starting this summer. HuffPo founding editor Roy Sekoff will run the network which he says will be a mix of CNN, The View, and YouTube.
The Wall Street Journal has also launched a new program, “Off Duty,” a lifestyle show based on WSJ Weekend that will air each weekday at 6 p.m. ET on the outlet’s YouTube channel. It will be hosted by reporter Wendy Bounds. This adds to the list of shows that the WSJ already has, including “Lunch Break” and “Mean Street.”
A former Harper’s Bazaar intern is suing Hearst for unpaid minimum wages. According to the lawsuit, accessories intern Xuedan Wang worked unpaid between 40 and 55 hours per week between August and December of last year. The plaintiff and her lawyers hope to build a class-action lawsuit. [via Reuters]
Bloomberg head Lex Fenwick has been named CEO of Dow Jones & Co. He replaces Les Hinton, who left the post in July. Fenwick joined Bloomberg in 1987 and was tapped to head up Bloomberg Ventures in 2007. [via WSJ]
TheGrio.com has revealed “TheGrio 100,” its list of “history makers and industry leaders” making waves in the U.S. today. Among those on the list are the mayor of Jacksonville, FL, Alvin Brown, Google’s Torrence Boone, and marine biologist Daniell Washington.
Clickthrough for more of the week’s media changes.
Jim Romenesko, Poynter’s popular media blogger, is going into “semi-retirement” starting January 2012. He’ll be launching his own site, JimRomenesko.com, and working part-time at Poynter. He’ll still be tweeting under his usual handles, and will continue with his other websites.
More media moves after the jump.
Xerox has launched a global marketing campaign that introduces audiences to the company’s new capabilities. In February, Xerox acquired ACS and can now add business process outsourcing to its list of offerings. The latest campaign is meant to “tell the entire Xerox story,” Carl Langsenkamp, VP of global PR for Xerox tells PRNewser.