Skip to Content

The Broadsheet: October 20th

Good morning, Broadsheet readers! Marissa Mayer is facing an exodus, 18-year-old VC Tiffany Zhong makes me feel old, and Oprah’s Weight Watchers deal landed her a quick $50 million—on paper, anyway. Have a wonderful Tuesday.

EVERYONE’S TALKING

• Yahoo’s brain drain. Re/Code‘s Kara Swisher writes that many Yahoo insiders are concerned about a spate of high-profile executive departures, including corporate development chief Jackie Reses, SVP of marketing and platforms Lisa Licht and CMO Kathy Savitt. Does the exodus raise serious questions about CEO Marissa Mayer’s strategy for turning around Yahoo’s core business? Re/Code

ALSO IN THE HEADLINES

• Today’s MPW moment. As part of a new Broadsheet series, each day we’ll bring you a new video from last week’s Fortune Most Powerful Women Summit. To kick it off, here’s Pattie Sellers’ sit-down with Yahoo global anchor Katie Couric, in which the two talk career mistakes, crying in interviews, and the odds of Joe Biden entering the presidential race.  Fortune

• Young money. Tiffany Zhong is an 18-year-old venture capitalist with Binary Capital. While 18 might seem shockingly young for such a job, it’s Zhong’s age that helps her connect with the newest crop of Silicon Valley startup founders, some of whom are even younger.  WSJ

• From chips to eggs. Intel announced that it will quadruple its fertility benefits and remove policies that make it difficult for same-sex couples to access them. The company also is expanding its adoption coverage and adding services like egg freezing to its list of covered procedures. Fortune

• Wallet weight gain. Oprah Winfrey’s decision to buy 6.4 million shares of Weight Watchers for $43.2 million—and collect 3.5 million stock options—looks like a good move, at least in the short term. The stock shot up 105% on Monday, and the value of Oprah’s shares rose $45 million.  Hollywood Reporter

• A change of direction. Meet Maria Giese, the film director responsible for prompting the ACLU and Equal Employment Opportunity Commission to investigate discrimination against female directors. The EEOC officially kicked off the probe last week. Fortune

• Kitchen confidential? Jen Agg, a Toronto restaurateur, writes that sexual harassment in professional kitchens is ubiquitous. But, she says, women rarely come forward for fear of being branded as not “team players.”  New York Times

IN CASE YOU MISSED IT

• Clara’s coping strategy. Speaking at the Grace Hopper Celebration, Hearsay Social founder and CEO Clara Shih shared five tips for female technologists coping with a male-dominated industry. My favorite: Lift another woman. Fortune

• Time Inc. gets the Giggles. Was Time Inc.’s decision to spend $20 million on HelloGiggles—the women’s lifestyle site founded by Zooey Deschanel, Sophia Rossi, and Molly McAleer—a smart move? (Disclosure: Time Inc. is Fortune‘s parent company.) This Slate story argues that it was, noting that HelloGiggles has the young readers “old media” covets.  Slate

• Feminizing football. The NFL is in the midst of a campaign to recruit more female refs—a shift that might help the league improve its relations with women.  Fortune

• Happy birthday, Eloise. Vanity Fair marks the 60th birthday of Eloise with a story about Kay Thompson, who wrote the children’s classic, and Hilary Knight, who illustrated it. Vanity Fair

Share today’s Broadsheet with a friend:
http://fortune.com/newsletter/broadsheet/

Looking for previous Broadsheets? Click here.

ON MY RADAR

Bill Clinton and Katy Perry to stump for Hillary in Iowa  Fortune

Sleep apnea may have added dangers for women  New York Times

Texas eliminates funding for Planned Parenthood  Time

Carly Fiorina’s new video bypasses Republicans and goes right for Hillary Clinton  Fortune

QUOTE

No wonder such misogyny was almost never named by the media. It <em>was </em>the media.

Gloria Steinem, on the sexism she witnessed during Hillary Clinton's 2008 presidential run.