The Facebook whistleblower has revealed herself to be Frances Haugen, and she took to CBS's 60 Minutes to provide a detailed account of what she calls a company that is unable to choose safety over profits.
Back in January, the tech world balked when a Kodak-branded Bitcoin miner called the Kodak KashMiner was unveiled at the CES trade show in Las Vegas. It seems that photography and cryptocurrency enthusiasts weren't the only ones that balked: the US Security and Exchange Commission (SEC) actually blocked the KashMiner from moving forward.
In the corporate world, diversification is a way of life. As multinational conglomerates like PepsiCo can tell you, spreading out business over multiple sectors protects a company from economic shocks to any one industry, and opens up access to more markets. A quick peek at SEC filings for some of the most prominent camera manufacturers reveals that many of them have made a strong effort to put this concept into practice, and you might be surprised at how small a role consumer photography plays in their annual sales.
This past Monday, stock photography behemoth Shutterstock filed documents with the SEC to have an IPO and list its shares on the New York Stock Exchange. The process requires Shutterstock to reveal its financial details, so the document provides an interesting look at how the company ticks and the state of the stock photography industry.