Monday morning news drop
On the verge of achieving his father’s dream, Edward Rogers’s actions may be threatening to shatter it. What’s going on with the late founder’s son? Edward S. Rogers III, son of Edward S. “Ted” Rogers Jr. and grandson of Edward S. Rogers Sr., is now a force in the upper echelons of Rogers Communications Inc. But he is not CEO. Ted never passed the crown through the bloodline, despite Edward’s ambition to take Rogers’ top job. Instead, he inherited the role of chairman to the Rogers Control Trust, the family trust that controls 97.5 per cent of the telecom’s voting shares, upon his father’s death in 2008. (Toronto Star)
Bond market dares U.S. Fed to defy it after bloody week for investors Bond traders are looking to the Federal Reserve to support the hawkish shift that just drove parts of the global bond market to one of its wildest weeks in decades. (Bloomberg)
Wall Street Starts to Doubt Facebook, Its Long-time Darling The company has lagged rivals on a key measure of investor confidence. (Businessweek)
The Disrespect. You’re surrounded by other investors. They see things differently than you. They are operating differently than you might be. That’s okay. It’s supposed to be that way. A total and complete stranger doesn’t have to share your investment beliefs. Doesn’t have to agree with your opinions about the right way to trade or the right investments to hold. (Reformed Broker)
‘The Problem Is Him’: Kara Swisher on Mark Zuckerberg’s crisis and ours. One of the main problems is what he needs to be is a nearly impossible job for anyone and he is particularly ill-suited given his lack of communication skills. He’s undereducated for the job he has because he’s not just a technologist; he’s a social engineer. And a very powerful one with no accountability. He’s like an emperor that he so admires; he was a fanboy of Augustus Caesar. That was his hero. But Augustus Caesar wasn’t really equipped to be emperor either (New York Magazine)
Brand in the Influencer Era: Social media is democratizing consumer influence, empowering ordinary individuals to shape brand perception. We identify brands with strong positioning using social media discourse and network structure. We find strong brands have outperformed the stock market. We also explore the trends of sustainable and Millennial brands. (Sparkline Capital)
Jan. 6 Protest Organizers Say They Participated in ‘Dozens’ of Planning Meetings With Members of Congress and White House Staff Some of the planners of the pro-Trump rallies that took place in Washington, D.C., have begun communicating with congressional investigators and sharing new information about what happened when the former president’s supporters stormed the U.S. Capitol. Rolling Stone spoke extensively in recent weeks to three of these witnesses, and they detailed explosive allegations that multiple members of Congress were intimately involved in planning both Trump’s efforts to overturn his election loss and the Jan. 6 events that turned violent. (Rolling Stone)
The MASS model of community-focused architecture A project in Rwanda convinced a group of Harvard-trained architects to rethink their building methods, material and labor sources, and the end-use of their buildings. (60 Minutes)
Yuval Noah Harari on the power of data, artificial intelligence and the future of the human race The bestselling author and historian offers his predictions on how technology will alter the evolution of humans and change society. (60 Minutes)
The “phone disaster” The Muslim population in Xinjiang, China were early smartphone adopters. Then the tech betrayed them. (Rest Of World)
Will Ferrell Just Wants to Entertain You (and Himself) The ‘Shrink Next Door’ producer-star on building (and winnowing) his empire, splitting with collaborator and pal Adam McKay and chasing the funny above all else: “I’ve always loved making other people laugh. I’ve just never needed to make you like me.” (Hollywood Reporter)
A$AP Rocky’s ‘Live.Love.A$AP’ Showed a Purple-Tinted Vision of Rap’s Future The 2011 mixtape, which finally hit streaming Friday in honor of its 10th anniversary, is at once a product of its era and rap’s present day, when regional distinctions matter less than ever (Ringer)
How Ryan Reynolds Built a Business Empire With a range of film and TV projects on the way, as well as initiatives through his company Maximum Effort, the actor and entrepreneur has turned his on-camera charisma into major marketing savvy. (Wall Street Journal Magazine)