NYT

Netflix Prepares to Send Its Final Red Envelope – The New York Times

by dldamore

Netflix Prepares to Send Its Final Red Envelope – The New York Times:

In a nondescript office park minutes from Disneyland sits a nondescript warehouse. Inside this nameless, faceless building, an era is ending.

The building is a Netflix DVD distribution plant. Once a bustling ecosystem that processed 1.2 million DVDs a week, employed 50 people and generated millions of dollars in revenue, it now has just six employees left to sift through the metallic discs. And even that will cease on Friday, when Netflix officially shuts the door on its origin story and stops mailing out its trademark red envelopes.

*Netflix was able to innovate and move from distribution to a new technological business model and thrive at the dawn of a new industry we call streaming.

NYT Article – Hoka Shoes

by dldamore

It’s hard to overstate the multigenerational appeal of the shoes. Hoka is still small, relative to juggernauts like Nike or Reebok. Mr. Doolan says that the company has only 440 individual unique shoes for men and women in different colors and widths. (A Harvard project estimated that Nike has 10,000.) Somehow, though, the shoes have crossed into the mainstream.

https://www.nytimes.com/2023/04/05/style/hokas-fashion.html?smid=nytcore-ios-share&referringSource=articleShare

Interesting article. A friend of mine introduced me to Hoka somewhere in 2014-2017. Maybe it’s time for me to check this brand out for real.

China’s Births Hit Historic Low, a Political Problem for Beijing – The New York Times

by dldamore

China’s Births Hit Historic Low, a Political Problem for Beijing – The New York Times:

China’s ruling Communist Party has taken steps to address the birthrate decline, by relaxing its notorious “one child” policy, first allowing two children in 2016 and as many as three since last year. It is also offering incentives to young families and promising improvement in workplace rules and early education.

None have been able to reverse a stark fact: An increasing number of Chinese women don’t want children.

How The mRNA Vaccines Were Made: Halting Progress and Happy Accidents – The New York Times

by dldamore

How The mRNA Vaccines Were Made: Halting Progress and Happy Accidents – The New York Times:

The vaccines were possible only because of efforts in three areas. The first began more than 60 years ago with the discovery of mRNA, the genetic molecule that helps cells make proteins. A few decades later, two scientists in Pennsylvania decided to pursue what seemed like a pipe dream: using the molecule to command cells to make tiny pieces of viruses that would strengthen the immune system.

The second effort took place in the private sector, as biotechnology companies in Canada in the budding field of gene therapy — the modification or repair of genes to treat diseases — searched for a way to protect fragile genetic molecules so they could be safely delivered to human cells.

The third crucial line of inquiry began in the 1990s, when the U.S. government embarked on a multibillion-dollar quest to find a vaccine to prevent AIDS.

*Worthy read. 

Opinion | I Just Turned 60, but I Still Feel 22 – The New York Times

by dldamore

Opinion | I Just Turned 60, but I Still Feel 22 – The New York Times:

Friendship is forged across time, through good fortune and tragedy alike, and true friends are those who keep on loving one another even when it isn’t convenient and even when they don’t always agree.

 

Maybe wisdom is just too much to ask of a culture in the grip of collective trauma. Maybe wisdom can be acquired only with time, even if time by itself is no guarantee.

Lee Kaufman, Who Cleaned Her Way to Late-Life Stardom, Dies at 99 – The New York Times

by dldamore

Lee Kaufman, Who Cleaned Her Way to Late-Life Stardom, Dies at 99 – The New York Times:

They were the pioneers in an advertising strategy for Swiffer built on ordinary people, rather than actors, and the public responded with adoration and a click count that soared into the millions.

A three-minute spot intended for the internet was produced and got such a response that it was carved up into shorter segments for social media and television commercials; a string of other Swiffer ads using ordinary people followed. The Kaufmans’ eureka moments in the bits were genuine enough — the couple said later that they’d been unaware of Swiffer products before the filming.

“The bottom line is, don’t die young,” she said. “There are too many things that can happen.”

PCE Index Hit Highest Level in November Since 1982 – The New York Times

by dldamore

PCE Index Hit Highest Level in November Since 1982 – The New York Times:

Fed policymakers announced this month that they are speeding up their plans to withdraw support from the economy, and they set themselves up to potentially raise interest rates several times next year. That would make buying a car or expanding a business more expensive, making it more attractive to save and less attractive to spend, cooling off the economy and, over time, weighing on inflation.

 

“We understand that high inflation imposes significant hardship, especially on those least able to meet the higher costs of essentials like food, housing and transportation,” Jerome H. Powell, the Fed chair, said last week. “We are committed to our price stability goal.”

How a Relief Fund for Restaurants Picked Winners and Losers – The New York Times

by dldamore

How a Relief Fund for Restaurants Picked Winners and Losers – The New York Times:

James Hutton submitted his claim just one minute after the application system opened on May 3, seeking $2.4 million for his business, Players Sports Grill & Arcade in San Francisco. At the end of June, his grant was denied.