Up to the minute Apple and Mac news alerts

WeWork’s Adam Neumann Is the Most Talented Grifter of Our Time

[2019-10-26 16:09:13]

Derek Neumann, writing for The Atlantic: By 2016, Neumann was telling friends that he was intent on becoming the first trillionaire. Perhaps, he said, somewhere along the way to eternity, he might become the “president of the world.” With his ignominious departure from WeWork this week, Neumann’s Earth-emperor ambitions may have taken a blow. But he can find solace in suddenly becoming one of the richest people on the planet. On Tuesday, Softbank offered to pay him a king-size ransom in exchange for wresting control of the company. The Japanese conglomerate offered to buy up to $1 billion worth of Neumann’s WeWork shares in addition to giving him a short-term loan of $500 million to pay off a credit line from several banks. Finally, Neumann will receive $185 million over the next four years in exchange for his advice. At $46 million a year, Neumann’s annual “consulting” fee alone is higher than the total compensation of all but nine public CEOs in the United States. Like a legalized ponzi scheme. Meanwhile, the company is so cash-strapped that it delayed laying off thousands of employees because it doesn’t have the money to pay them severance.  ★ 

Read more....


United Airlines Suggests That Apple Is Helping Design Terminal Upgrades at SFO

Tim Cook on the Five-Year Anniversary of His Coming Out as Gay

Christopher McQuarrie: ‘Focus Entirely on Execution and Not on Result’

★ The Curious Design of Mail’s Message Action Toolbar in iOS 13

The Talk Show: ‘iPhone-Colored Glasses’

Zuckerberg Testified Before the House Financial Services Committee and It Did Not Go Well for Him

‘Perfectly Cropped’

David Shayer on the Spotty Quality of iOS 13 and MacOS 10.15

★ Idle Speculation on Whether Apple Is Going to Hold Another Keynote Event This Year

Tim Cook Named Board Chairman of Tsinghua University’s School of Economics and Management

Bipartisan Letter From Congress to Tim Cook on Hong Kong and China (PDF)

[Sponsor] Future

★ On the Upcoming Photoshop for iPad

Bloomberg on the Bidding for ‘South Park’ Streaming Rights

Screen Time on MacOS 10.15 Catalina Seems Useless