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In a week when Yahoo shocked the world by disclosing it had 3 billion users, this also happened:
Facebook finally did something real to help the news media, placing ads in the print editions of the New York Times, Washington Post, and Wall Street Journal to explain its plans to fight election interference. CEO Mark Zuckerberg, Chief Operating Officer Sheryl Sandberg and top policy executive Joel Kaplan have also been working the phones with congressional leaders, Axios reported.
Levi’s celebrated the 50th anniversary of its Type III Trucker Jacket, the first jacket the company sold as everyday apparel, not workwear. Justin Timberlake and other celebrities showed off custom versions on Twitter and Instagram. Trucker jackets are having a moment: Shipments nearly tripled this year, according to Edited, a retail analytics firm.
Union Bank of Switzerland said San Francisco is one of the most overpriced cities in the world in terms of housing. Home prices have risen 65 percent since 2012, while average income rose only 10 percent. The bank was not available for comment on whether the sky was also blue.
In an attempt to seem slightly less coarse and venal, Uber announced a plan to open lounges for passengers at 33 Westfieldowned shopping malls. The lounges will be staffed by human attendants — until Uber figures out how to replace them with robots. 1 Verizon’s top-ranking woman, Marni Walden, announced plans to retire. She will be replaced as head of the company’s media business by Tim
Armstrong, a man primarily known for coming up with the name Oath, which is what we’re now supposed to call AOL and Yahoo. 1 Great news! After Amazon.com cut prices at
Whole Foods, shopping there now only costs 99 percent of your paycheck. Despite splashy markdowns, average prices at the grocery chain dropped just 1.2 percent over five weeks, according to research firm Gordon Haskett.