Amazon founder Jeff Bezos won the week, but at a big personal cost.
In his heated battle with American Media Inc. (AMI), the publisher of the National Enquirer, he exposed intimate details of his extramarital affair to defang what he says was an attempt by the company to coerce him. Bezos accused AMI of blackmail and revealed e-mails from AMI that he says threatened publication of revealing photos of him unless he agreed to their terms.
Other winners, and losers:
Podcasts. The burgeoning medium got a huge shot in the arm this when music streaming service Spotify said it would acquire Gimlet Media, the company that makes popular podcasts like Reply All and Startup, and Anchor, a tool to help people record and publish podcasts in a deal ReCode cited as worth $230 million. “What I didn’t know when we launched to consumers in 2008 was that audio – not just music – would be the future of Spotify,” said Spotify CEO Daniel Ek said in a blog post. (Speaking of podcasts, you can listen to the latest Talking Tech editions anytime right here.)
Twitter and Medium. Bezos used the Medium blogging website, to reveal the contents of the e-mails AMI sent to him, and Twitter, to send people to Medium. It was a huge shot in the arm for Medium, which has become a site of choice for tech-savvy individuals who want to get something off their chest without having to go to the bother of creating and feeding a full-fledged blog. And for Twitter, which reported earnings this week, it was a traffic builder that followed Twitter’s announcement that it had more daily active users in the quarter at 126 million, up from 115 million a year earlier.