Mark Gorton is a prominent financier and a respected entrepreneur. He founded the music sharing site Limewire, and he runs Tower Research, a famed high-frequency trading firm. Gorton also believes that the "ruthless" secret cabal that assassinated JFK and planned 9/11 could be coming to kill his family.
This week, News Corp announced that it would spin off its publishing division, thereby sequestering the moldy old newspapers and other not-so-good-but-romantic businesses in their own little quarantine area, while the moneymaking TV and entertainment properties shed the dead weight and continued to print money. It's a common-sense move that News Corp executives not named "Rupert Murdoch" have been advocating for for years. But with all due respect to the mean old man, he's organizing this thing all wrong.
Kevin Systrom, 28, made off quite well when he sold his company Instagram to Facebook, personally clearing a reported $400 million, or $725,000 per day of work. But Systrom, described by one associate as an "ultra nerd," didn't get there on his own. Longtime girlfriend Nicole Schuetz has been with him the whole way.
Last week Grub Street noticed that Graydon Carter, the Vanity Fair editor with a knack for reviving classic New York restaurants, was on the liquor license application for the new restaurant going into the former Beatrice Inn space. His wife Anna Carter confirmed his involvement to Eater this week, and yesterday the Beatrice's principal owner Emil Varda got on the line to share the details.
Mark Zuckerberg was once so obsessed with programming his girlfriend demanded a written contract guaranteeing alone time. But the Facebook CEO and ranking Borg commander on Planet Earth has, apparently, softened, telling Charlie Rose he spends long stretches with his girl, his dog, and their massive, empty mansion.
Having failed to make Twitter a beacon of corporate responsibility, co-founders Ev Williams and Biz Stone launched a new venture to "unlock human potential" and "improve the world." Which they are totally going to get to, just as soon as they finish their tequila and champagne bacchanal at the VIP table of a Las Vegas nightclub.
Leave it to seasoned mogul Barry Diller to have the smartest take on the cashiering of TechCrunch founder Mike Arrington: AOL "destroyed" TechCrunch's voice, the IAC chairman said, and editorial director Arianna Huffington should have been told to "shut up and go back to your room" when she raised concerns about Arrington's ethics.