Are We Past the Peak of Unemployment?

It might also require Mark Zuckerberg to make “better friends,” she added. Some of his current advisers include Joel Kaplan, the company’s policy chief, whom she says has “been trying to move them closer to the Trump administration.”

• She also highlighted who has left the company’s board, including Reed Hastings of Netflix and Ken Chenault, formerly of American Express. “Why would you leave the most powerful company in the world’s board?” she asked. “The people that left say a lot to me. I have great respect for the people who left.”

And here’s whom Kara recommends following for their thoughts on Big Tech:

• Brian Chesky of Airbnb, whom Kara said was a “really interesting character” dealing with the hits to his business in a thoughtful way.

• Nicole Wong, a former senior legal executive at Twitter and Google: “She’s incredibly thoughtful” about the legal issues confronting Silicon Valley.

• Shoshana Zuboff, whom Kara said she spoke to about so-called surveillance capitalism: “I thought she was on that super early and continues to be a really interesting thinker” on that topic.

• Mark Cuban, of whom Kara said: “Obviously I think Mark is interesting, all the time.” (Mr. Cuban recently commissioned a poll to see how he would do as a third-party presidential candidate.)

The speed read

Deals

• Corporate bankruptcy cases jumped 48 percent last month from the same time a year ago. The C.E.O. of Lazard, a major restructuring adviser, sees a second wave of Chapter 11 filings later this year. (WSJ, Bloomberg)

Article source: https://www.nytimes.com/2020/06/05/business/dealbook/jobs-unemployment-recovery.html