The Year Observed
Google is expected to announce a partnership with Audi next week. The two companies will develop an Android-based in-car entertainment and information systems. [WSJ]
Everybody is cautiously excited about Twitter’s stock. This is partly the reason why: ”Twitter’s total market value is one-third that of Facebook, which has five times as many users and more than 10 times the revenue.” [New York Times]
People are really liking the Google Chromebook. It accounted for a fifth of commercial laptops sold in November. [AllThingsD]
Amazon announced that on Cyber Monday it sold more than 426 items per second — or 37 million items sold on that one day alone. [BGR]
Shorter: CEO of Large Company Has a Packed Schedule. [New York Post]
The Year Observed
Snapchat’s Staying Power
Despite being a picture-messaging app whose missives disappear in seconds, Snapchat made clear that it wants to stay on the tech scene for years to come.
Invented by fraternity brothers at Stanford University in 2011, the start-up is still profitless, but it hasn’t lacked for buzz in 2013—or controversy. In February, Snapchat achieved the ultimate start-up status symbol by being embroiled in a lawsuit by a spurned frenemy named Reggie Brown. He claimed that founders Evan Spiegel and Bobby Murphy stole the idea from him, in a Social Network-esque lawsuit.
Funding rounds and IPOs come and go, but one thing we can always count on is the quirkiness of the tech sector’s execs. Herewith, a smattering of the weirdest things our favorite CEOs did (at least publicly) this year.
Couric, Out? Per The Hollywood Reporter, Katie Couric is done with ABC and could be headed to, uh, Yahoo. Yes, your mom’s favorite talk show host is being courted by your mom’s homepage in a deal that would “pump up the Internet giant’s media presence.” Ms. Couric is said to be negotiating an early exit from her Read More
Yahoo for Yahoos
The Promo Games Your pretend best friend Jennifer Lawrence embraced her not-so-hidden geeky side this week, plugging her new movie all over Silicon Valley and stopping by Facebook, Yahoo and Google.
She rapped with Sheryl Sandberg at Facebook HQ and posed for a photo. Then, at Marissa Mayer’s palace of purple, Ms. Lawrence promoted Hunger Games: Catching Fire by chatting about Oscar dresses, Katniss’s wardrobe, and her new Kate Gosselin-esque pixie cut.
million dollar listing
If Yahoo’s protracted revamp saga could use one thing, it’s reality shows. Apparently, Marissa Mayer might agree: she recently contacted Ryan Seacrest’s entertainment production company about “interesting business opportunities,” All Things D reports.
Ryan Seacrest Productions is responsible for Shahs of Sunset and Keeping Up With the Kardashians, as well as radio shows and other mass media shenanigans, while Yahoo is responsible for news content, Flickr and your old email address.
Guess she’s out of ideas for how to dispose of all the skeletons in Yahoo’s closet,because Marissa Mayer has decided to buy herself an old funeral home. The Mountain View Voice reports that the CEO has snapped up a 114-year-old, family-owned mortuary that closes its doors Thursday.
When Marissa Mayer posed upside-down on a lounge chair in a form-fitting dress for Vogue last month like the boss she is, quite a few digital bricks were shat. But it appears the Yahoo CEO didn’t let the criticism get to her–although she admitted to not having read any of the 3,000 words that accompanied the photo.
At yesterday’s IAB Mixx conference, part of New York’s Advertising Week, Charlie Rose referenced “that Vogue cover,” at which point the always-modest CEO interrupted with, “It wasn’t the cover!” CNN Money reports.
Old-money types love to hate on the nouveau riche–duh, we’ve all seen Titanic–but in the upcoming issue of Vanity Fair, one highfalutin lady throws major shade at Silicon Valley to hilarious effect.
Denise Hale is a Serbian-born San Francisco society staple who was once married to legendary director Vincente Minnelli. She channels everyone’s favorite cranky great-aunt when she tells contributing editor Evgenia Peretz that the Bay Area’s techies “bore the hell out of” her in a piece about the culture clash between WASPy elites and the region’s tech VIPs.
Fashion, turn to the left Wednesday night, Betabeat ventured down to the Bowery for a party celebrating the launch of Zady, the anti-fast-fashion startup founded by Soraya Darabi and Maxine Bédat. Attendees tended toward the leggy, and the bar was serving “moonshine” cocktails. At one point, we watched a meticulous mustachioed man line up an iPhone shot of a piece of paper on the wall, printed with the party’s official hashtag.
“‘Stealth’ mode is such a terrible word,” said Ms. Bédat (a patterned clutch from their holiday line-up tucked under her arm) when we asked about the company’s hush-hush birth. “Working on things quietly!” she corrected.