Hi there everybody! Welcome to this weekly roundup of Enterprise Insider tales from government editor Matt Turner. Subscribe right here to get this text in your inbox each Sunday.
Learn on for information on how Fb grew to become a haven for misinformation and conspiracy theories, McDonald’s worst nightmare, and former workers of Tanya Zuckerbrot’s well-liked F-Issue weight-reduction plan talking out.
How Fb grew to become a haven for misinformation
I nonetheless bear in mind the primary time I heard about Fb. It was late 2005, and I used to be catching up with previous pals who each attended a special college within the UK the place the location had already established a following. They joked about their classmates who would publish there on a regular basis.
15 years later, it is simple to surprise how Fb morphed from that early iteration into what it has develop into at present.
From Rob Worth:
In current months, posts and pages with misinformation about voting by mail and inflammatory allegations about politicians, in addition to posts selling armed right-wing militias and nazi symbolism, have unfold throughout the social community, generally racking up hundreds of thousands of views.
To anybody who visited Fb in its earlier, extra harmless years, the brand new tone of Fb may come as a shock.
For many of its 16-year existence the corporate has been higher recognized for its capacity to dredge up ex-school pals and its catalogue of embarrassing previous photographs than for any monumental political affect and societal controversy.
So how did Fb develop into an integral a part of the trendy American right-wing machine?
It occurred step by step over a interval of a number of years, enabled by a aggressive urge to personal the conversations that gas social media, a sample of tuning out warning indicators and a necessity to remain within the good graces of politicians and authorities regulators.
And naturally, it entails an $80 billion promoting enterprise that grows bigger the extra that customers of the social community keep lively and engaged — no matter what drives the engagement.
Learn the story in full right here:
McDonald’s worst nightmare
From Kate Taylor:
McDonald’s sued Steve Easterbrook in August, alleging the previous CEO lined up sexual relationships with three feminine workers throughout his final 12 months on the helm of the fast-food large.
Easterbrook had been fired from McDonald’s in November 2019, after the corporate investigated a special relationship between the then-CEO and an worker that reportedly included exchanging sexually specific textual content messages and pictures, however not bodily contact.
Enterprise Insider spoke with greater than half a dozen McDonald’s insiders — together with company workers, franchisees, and Easterbrook’s ex-girlfriend — concerning the former CEO’s rise and fall.
Some insiders noticed Easterbrook as a flirt who loved his standing as a bachelor, particularly as he discovered success turning round McDonald’s enterprise.
Learn the story in full:
F-Issue workers communicate out
From Dana Schuster:
The favored F-Issue weight-reduction plan has come beneath hearth, with some customers claiming it is made them sick.
Now former workers inform Insider that its founder, Tanya Zuckerbrot, policed their meals and informed sexual jokes within the workplace that made them uncomfortable.
One ex-employee stated she was “fats shamed” for bringing whole-wheat pasta and selfmade turkey meatballs to work for lunch.
Zuckerbrot has denied the allegations, saying they’re a part of a smear marketing campaign in opposition to her and F-Issue.
Learn the story in full:
ICYMI: Netflix co-CEO Reed Hastings explains the corporate’s controversial insurance policies
Netflix is known for its uncommon company insurance policies — together with limitless trip, direct and candid efficiency suggestions, and the so-called “Keeper Check,” which inspires managers to continually consider whether or not they need to maintain or hearth lackluster workers.
Netflix cofounder and co-CEO Reed Hastings has written a brand new guide — “No Guidelines Guidelines” — all about how these controversial insurance policies have made Netflix one of many world’s most progressive corporations. He talked to Insider international editor-in-chief Nich Carlson.
You’ll be able to take heed to the interview right here:
You can too learn an op-ed from Hastings himself proper right here:
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Disclosure: Mathias Döpfner, CEO of Enterprise Insider’s mother or father firm, Axel Springer, is a Netflix board member.