Anne Hathaway Covers Vogue Hong Kong – The star of the Armageddon Time talks with Vogue Hong Kong. “Besides her role in Armageddon Time, the actress will play Dr. Rebecca Saint John in Eileen, a film adaptation of the eponymous novel set to be directed by William Oldroyd. Anne is also set to star in Rebecca Miller’s She Came to Me, and her recent Apple TV+ series with Jared Leto, WeCrashed, was released to great acclaim.”
Amidst her constant stream of success and abundance of upcoming roles and projects, Anne’s bucket list for her next chapter in life is simple. “Surprise myself as much as possible. Surf more. Get a decent camera and use it often. Make as many memories with my family as possible.” [Vogue Hong Kong]
Elon Musk Takes Twitter Helm as Social Media Sputters – With his six-month takeover saga behind him, Elon Musk now takes on the work of righting Twitter Inc.’s ship in what is shaping up as the most tempestuous business environment for social media in the industry’s history.
In just the past 10 days, as Mr. Musk’s $44 billion bid careened to the finish, the landscape turned increasingly challenging.
Facebook parent Meta Platforms Inc., Snapchat parent Snap Inc. and Alphabet Inc., which owns Google and its video platform YouTube, saw their stock prices get pummeled after delivering a drumbeat of troubling data points.
YouTube posted its first-ever decline in advertising revenue, while Snap warned investors that it is operating on an assumption of no revenue growth this quarter from the year-ago period. [WSJ]
Silicon Valley’s Unbridled Euphoria Runs Into Economic Reality – Technology was largely immune to the pandemic’s economic devastation, and many in the industry had hoped the current slump would be a momentary reset. But after months of funding declines, layoffs and cost-cutting, the realization that start-ups are stuck in a sustained, gloomy, no-fun downturn has finally set in.
“Founders are starting to see the writing on the wall,” said Angela Lee, a finance professor specializing in venture capital at Columbia Business School. For years, market observers have predicted a downturn that never arrived, she said. Now, “we’re finally right.” [NY Times]
Kathy Baird named Chief Communications Officer at The Washington Post – The Washington Post announced Kathy Baird has been named Chief Communications Officer, overseeing corporate communications, public relations, live events, and brand marketing. She will report directly to Publisher and CEO Fred Ryan. [Washington Post]
“You’ve decided to quit Twitter. Here’s what you can use to replace it.” – The Washington Post suggests alternatives to Twitter [Washington Post]
