New York’s April 12-25, 2021 issue cover.
A year into a ruinous pandemic, the wealthy have so much capital they’re inventing ever more chaotic ways to spend it. For
New York Magazine’s April 12-25, 2021 issue cover story, a look into the new world of money with Max Read on the non-fungible, memeified, cryptodenominated, degenerate future of finance; Scott Galloway on how outsiders are making their own volatility in a system rigged by the rich; an overnight millionaire’s confessions; the NFT catalogue; and more.
“Over the last year or so I’ve been fascinated to watch many of my friends turn into app-based currency traders and stock speculators, investing real money in the market in the same enthusiastic but casual way they might have otherwise been dropping a few bucks on football bets,” says writer Max Read, who formerly edited
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ORLANDO, Fla., March 2, 2021 /PRNewswire/ In a recent survey of 200 business owners and enterprise CEOs conducted by Green Light Digital, over 26% responded that they believe that modern digital marketing is a rigged system designed to get them to spend money. Furthermore, 15.6% say that paid online advertising is a scam, and almost 27% admit that their campaigns rarely, if ever, turn a profit.
Is Facebook a Giant Marketing Scam?
According to data from the cybersecurity company CHEQ, marketing losses due to ad fraud will rise to $35 billion in 2020, a global economic study by has revealed. The report finds that while direct global economic costs of ad fraud are placed at $35 billion in 2020, indirect economic and social costs push the total closer to $40 billion.
Tim Cook Reportedly Killed an Apple TV Show About Gawker
Bonnie Stiernberg, provided by
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On paper, it sounds like a big get for any streaming service:
Scraper, a show that changed the name of its titular blog but was clearly based on Gawker Media with many former Gawker employees including Cord Jefferson, Max Read, Emma Carmichael and Leah Beckmann attached to the project. And as a
New York Times piece points out, Apple TV+ had picked up the series with several episodes already completed before Apple CEO Tim Cook caught wind and squashed it.
“Mr. Cook, according to two people briefed on the email, was surprised to learn that his company was making a show about Gawker, which had humiliated the company at various times and famously outed him, back in 2008, as gay,” the publication writes. “He expressed a distinctly negative view toward Gawker, the people said. Apple proceeded to kill the project.”
Apple reportedly killed an Apple TV+ series chronicling the rise of Gawker Media after CEO Tim Cook personally intervened, according to a new report.
Earlier in 2020, the Apple streaming platform was said to be working with former
Gawker staff on a dramedy series about the subversive blog network. Since then, no word has surfaced on the project.
On Sunday, however,
The New York Times reported that Apple TV+ scrapped the show after Cook discovered its development and sent an email in response. Sources told the publication that Cook was surprised to learn Apple was making a show about
Gawker, and reportedly expressed a distinctly negative view toward the now-shuttered media company.
MANDEL NGAN/AFP via Getty Images
Apple has canceled plans to make a TV series about Gawker Media after its CEO Tim Cook expressed a negative view about the media company, The New York Times reported Sunday.
After finding out about Scraper, Cook emailed an Apple executive, the Times reported, citing two people briefed on the email. Cook was surprised to hear about the Apple TV Plus series, they said.
Apple then canceled plans to make the show, which it had acquired in January 2020, per the Times.
A Gawker Media site outed Cook as gay when he was appointed Apple s CEO in 2008.