Good morning, Broadsheet readers! Fortune’s Most Powerful Women Next Gen Summit is in full swing, Yahoo’s Marissa Mayer is running out of options, and Hillary Clinton and Ruth Bader Ginsburg (sort of) star in a hip hop music video. Have a wonderful Wednesday.
• Last day at Next Gen. Today is the final day of the Fortune MPW Next Gen Summit in San Francisco. We’ve got a killer lineup, with speakers like fashion designer Rachel Roy, GoldieBlox founder and CEO Debbie Sterling, and Polyvore co-founder and CEO Jess Lee. Tune in starting at 8:50 am Pacific Time to watch it all live.
MPW NEXT GEN NEWS
• 23andme & more. Anne Wojcicki, CEO of genetic testing company 23andme, isn’t letting the FDA’s demands that she limit the types of tests the company offers stop her.“This was like a speed bump, a big speed bump,” she said to Fortune‘s Pattie Sellers on the Summit stage, promising that she’ll eventually bring back the old reports about genetic risks for diseases like Alzheimer’s and Parkinson’s.
• Wambach’s next win? American soccer star Abby Wambach has two Olympic gold medals and one FIFA Women’s World Cup under her belt. And while she’s retiring from soccer, she has one more goal in mind: closing the gender gap. “Enough is enough,” she said to Summit attendees over dinner on Tuesday night.
• Milano on social media. In addition to being an actress, philanthropist, and entrepreneur, Alyssa Milano is a social media maven. A “dear friend” of Twitter founder and CEO Jack Dorsey, Milano has nearly 3 million followers and described Twitter to the Fortune MPW audience as a “powerful tool that if used for good can really change the world.”
• Sheryl for president. According to a panel discussion at the Summit, Hillary Clinton and Carly Fiorina aren’t the only women who should be on our presidential radar. Alex Wallace, media strategist and CEO of AlexInc, said Facebook’s Sheryl Sandberg has “positioned herself in a smart way” and that “she has the platform and the recognizable brand” to run for president someday.
• Don’t call it that. Sprout CEO Cindy Whitehead told the Fortune’s Michal Lev-Ram why she dislikes it when people refer to her company’s female libido drug, Addyi, as the “female Viagra.” “The barometer of success for this drug isn’t measured against an on-demand drug for men,” she said.
IN CASE YOU MISSED IT
• Yikes, Yahoo. Marissa Mayer appears to be running out of options at Yahoo. The Wall Street Journal reports that Yahoo’s board will be discussing the sale of the company’s core business—which would put Mayer’s role in serious jeopardy—while Geoff Colvin writes that more and more investors agree that her rescue plan isn’t working.
• A no for Poe? Grace Poe, perhaps the most popular candidate in next year’s Philippines presidential election, has been disqualified by the country’s electoral commission for failing to meet the 10-year residency requirement.
• Hill-C and RBG. Toy company GoldieBlox has released a hip hop music video featuring Hillary Clinton, Ruth Bader Ginsberg and Amy Schumer. The women are played by young YouTube stars, but that doesn’t make it any less awesome.
• Ladies of luxury. Historically, few luxury companies have been led by female executives—despite the fact that women account for the majority of the industry’s customers. Now, with the rise of women like Christopher Kane CEO Sarah Crook and Boucheron CEO Hélène Poulit-Duquesne, it appears that that the trend may be beginning to shift.
New York Times
• Davis on defeat. Texas politician Wendy Davis is best known for filibustering an abortion bill in the state senate for 13 hours in 2013. She ultimately lost that battle, as well as a bid for governor of Texas, and she writes about getting over loss in Lenny, Lena Dunham’s newsletter. “I still think that losing sucks. And it’s OK to hate losing,” Davis writes. “That hatred provides us with the drive to face great challenges.”
• Making leave easy. It’s a lot easier for companies to offer generous parental leave policies if they know they can find someone to cover the workload of new moms and dads. Michelle Meyer, who has spent the past seven years filling in for those on maternity leave, has created Emissaries, a staffing platform to match parents-to-be with people looking for temporary work.
MOVERS AND SHAKERS: Deborah McWhinney has been named non-executive director of Lloyds Banking Group. She has previously served as president of personal banking and wealth management at Citi.
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|I will be and do whatever is necessary to make sure that by the time that I'm done, this is no longer an issue.|
| -- U.S. women's soccer star Abby Wambach on closing the gender pay gap |