I'm a Scott Galloway fanatic on this one. Why anybody would want to put anything on their face? Does it not improve their cosmetic appearance? I do not understand and I think this is a major mistake by Mark Zuckerberg. If he cut a little bit off of the Oculus stuff, I think this dock would soar. All right. Apple. Well, everyone's playing people off. They raised their minimum wage to $22 an hour to nip a unionization movement in the bud potentially. It just mince money. And if he'd focus more on it, the minute he does and cuts some up. You know, you can't count Apple out.
Rapid-fire layoffs, activist investors at the gate and tumbling stock prices — tech has had a bad year. But Kara tells Nayeema she’s seen it all before and that the industry, if not all its captains, will survive this shake-up, too. In the panel interview, Kara is joined by two other journalists: Jessica Lessin, founder and CEO of The Information, a scoop-laden tech news platform covering Silicon Valley, and William Cohan, a former M&A banker and a founding partner at Puck, another excellent source for scoops.
They tackle what’s behind the long decline, and recent rally, of tech stocks, and when and how the Valley will bounce back. Then they zoom in on what Meta, Google, Microsoft, Amazon, Apple and Netflix will need to zoom in on to survive the storm. And Jessica offers a theory: the time is ripe for a changing of the old tech guard. Sorry, Elon — it may be time to step aside.
You can find Kara and Nayeema on Twitter @karaswisher and @nayeema.
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