David Lidsky's Blog, page 2930
July 30, 2015
SoulCycle Files For IPO
The high-end indoor cycling chain did not reveal how many shares it plans to sell, though it plans on raising $100 million.
SoulCycle, the fitness chain known for its highly produced indoor cycling classes, has filed for an initial public offering, Reuters reports. The company's filing did not include information about the number of shares for sale or their expected price, though it tentatively plans on raising $100 million.
Pinterest: We Want 30% Of Our Engineering Hires To Be Female
The social media company has outlined clear goals to boost hires of women and underrepresented minorities.
On Thursday, Pinterest made public its ambitious plan to boost diversity, which seeks to hire a greater percentage of women and underrepresented minorities for engineering and leadership roles at the company.
Ex-Reddit Figure Victoria Taylor Joins WeWork
Victoria Taylor, the Reddit employee whose dismissal incensed the site's users, has taken her talents to coworking firm WeWork.
Victoria Taylor, the beloved Reddit AMA liaison whose dismissal last month ignited a full-blown public relations crisis and incensed the service's vociferous user base, has moved on to a new job.
Today in Tabs: So Long To All That
This is the one where Buffy sends Angel into the hell-vortex, so it's kind of a bummer but you know next season is going to be the best.
@rustyk5 What Are You Talking About.
Obama Issues Executive Order To Build Fastest Supercomputer By 2025
Today's leading supercomputer is in China, and Obama wants the U.S. to build one that is 20 times as fast.
A new arm of the U.S. government is working to create the world's fastest supercomputer within the next 10 years. President Obama signed an executive order on Wednesday creating the National Strategic Computing Initiative (NSCI), which will coordinate research, development, and deployment of ultra-powerful computer systems. NSCI's first task, according to the White House, is to whip up a computer 20 times more powerful than China's Tianhe-2—currently the leading supercomputer in the world.
Facebook Ready To Test Drones That Can Deliver Internet At 10 Gigabits A Second
The lightweight, carbon-fiber drones can provide coverage to a radius of 50 miles.
Facebook has built the first full-scale version of its connectivity drone today, a V-shaped high-altitude device meant to connect people in underserved areas. Its eventual fleet of drones will be part of the company's plan to bring Internet service to billions of people around the world.
Jon Stewart's Post-"Daily Show" Career? Maybe Stand-Up!
The most trusted man in fake news showed up at the Comedy Cellar last night, taking the stage right after Louis CK.
For those wondering what Jon Stewart might do after he hangs up his Daily Show suit next month, last night provided a possible glimpse at what direction the most trusted man in fake news could go.
NBCUniversal Closing In On a $250 Million BuzzFeed Deal
The media behemoth is also in talks with Vox Media to bring its valuation to $850 million.
NBCUniversal is nearing a deal to invest $250 million in BuzzFeed, according to Re/code. The media conglomerate is also deep in negotiations with Vox Media, an investment that would bring the online publisher's valuation to $850 million.
Uber To Lease Cars Directly To UberX Drivers
The ride-sharing service makes it easier for prospective UberX drivers to lease cars for short stints.
Uber has all but cornered the ride-hailing business, clocking 1 million rides a day in some markets. The demand is clear, and the next natural step for the company, announced Wednesday, is to reduce the barrier to entry for prospective Uber drivers by rejiggering its leasing program.
IBM And CVS Health Want Watson To Manage Your Diabetes
IBM and CVS Health think big data will help make you healthier.
If IBM and the recently rebranded CVS Health have their way, you'll be using the Watson supercomputer to manage obesity, diabetes, and hypertension. The two companies are announcing a new partnership to develop custom care management services for CVS customers with chronic illnesses, and to then license the new technologies to insurance companies.
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