THE WEEK THAT WAS...

Los Angeles Times - - THE WEEK -

Dis­ney has plan to stream

Dis­ney will launch two Netf lix-like stream­ing ser­vices — one for sports and an­other for f ilms and TV shows — in one of the bold­est moves by an en­ter­tain­ment com­pany to ad­dress the chang­ing me­dia land­scape. The stand-alone sub­scrip­tion ser­vices should ap­peal to younger au­di­ences turn­ing away from tra­di­tional me­dia and re­fus­ing to pay huge ca­ble bills for scores of chan­nels.

Chal­leng­ing bias at Google

Google engi­neer James Damore was sup­posed to come away en­light­ened by his di­ver­sity train­ing. In­stead, the soft­ware engi­neer de­cided to write a 3,000word memo rail­ing against Google’s “ide­o­log­i­cal echo cham­ber” and ar­gu­ing that women land fewer tech jobs be­cause of bi­o­log­i­cal dif­fer­ences. Google f ired him in re­sponse, but that only served to inf lame the con­tro­versy.

Snap shares take a hit

Snapchat picked up fewer users and less rev­enue in the sec­ond quar­ter than ex­pected, send­ing shares of owner Snap Inc. plum­met­ing. The L.A. tech com­pany has suf­fered through a treach­er­ous run on Wall Street since a block­buster IPO in March. In its f irst two earn­ings re­ports it has missed on daily us­age es­ti­mates and added ad­ver­tis­ing fea­tures more slowly than an­a­lysts pre­fer.

Uber in­vestor sues ex-CEO

Uber co-founder and for­mer Chief Ex­ec­u­tive Travis Kalan­ick is be­ing sued by Bench­mark Cap­i­tal, one of the ride­hail­ing gi­ant’s ear­li­est in­vestors. The Menlo Park ven­ture cap­i­tal f irm al­leges that Kalan­ick breached his f idu­ciary duty and con­trac­tual obli­ga­tions by stack­ing the com­pany’s board with al­lies to “clear the path for his even­tual re­turn as CEO.”

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