Good morning, Broadsheet readers! Marissa Mayer is having a tough week, Hillary wants to get aggressive with ISIS, and Jimmy Iovine thinks women can’t figure out how to find music. Have a relaxing weekend.
• Yahoo gets whiplash. Fortune‘s Erin Griffith speculates about why hedge fund Starboard Value, which originally pushed Marissa Mayer to spin off Yahoo’s stake in China’s Alibaba Group, has changed its mind. Griffith also shares some ideas about why someone might want to buy Yahoo’s core Internet business, which Starboard is now urging the company to sell. And, in the continuing saga of Marissa’s No Good Very Bad Week, the New York AG’s move to include Yahoo in his investigation of daily fantasy sports games could spell trouble for the CEO: Yahoo’s sports offerings have been among its few bright spots in recent years.
ALSO IN THE HEADLINES
• Mansplaining music. Apple Music executive Jimmy Iovine set off a Twitter firestorm when he said that the company’s curated playlists of streaming music are particularly helpful for female listeners. “I always knew that women find it very difficult at times—some women—to find music.” Not surprisingly, many women not amused by his comment. Time
• Sarah talks Square. Sarah Friar, CFO of payment technology company Square, talks to to Fortune‘s Dan Primack about yesterday’s IPO, her investment banking experience, and her thoughts on Square’s future. Fortune
• Hillary gets hawkish. Hillary Clinton wants the U.S. to get more aggressive in its fight against ISIS, going beyond what her former boss, President Obama, has proposed. She’s advocating a no-fly zone in northern Syria, expanded deployment of Special Ops troops, and increased airstrikes. Time
• So much for streaming. Fortune’s Ben Snyder reports that Adele will not stream her highly anticipated new album, 25, on Spotify or Apple Music. The decision comes a year after Taylor Swift refused to stream her album, 1989, on Spotify to protest the low royalties paid to artists by the service. Fortune
• Thanks, Swedes! In happier Spotify news, the streaming service announced it will change its parental leave policy to provide both men and women with six months of paid leave. Stockholm-based Spotify published a statement saying that the new benefit “defines who we are as a company, born out of a Swedish culture that places an emphasis on a healthy work/family balance, gender equality and the ability for every parent to spend quality time with the people that matter most in their lives.” Fortune
• Leading ladies. Maureen Dowd’s inaugural story as a New York Times Magazine staff writer is a cover on sexism in Hollywood. Dowd spoke to more than 100 entertainment power players—including Lena Dunham, Meryl Streep and Anjelica Huston—about what it will take to get more women into the industry’s top ranks. New York Times Magazine
• Market mover. Adena Friedman reportedly is set to become CEO of Nasdaq in 2017, making her the first woman to head a major U.S. stock market. Fortune
MOVERS AND SHAKERS: Diane Greene, co-founder and former CEO of VMWare, is joining Google to lead a new team that will combine all of the search giant’s cloud businesses. She’ll remain on Google’s board of directors. Estée Lauder is promoting Jane Hertzmark Hudis to Group President.
IN CASE YOU MISSED IT
• Back to the future? Women today are earning close to what men earned back in 2006, according to the World Economic Forum. Even worse: The same report finds that it will take another 118 years to close the economic gender gap. Fortune
• Una periodista valerosa. Gaby Rasgado, a 25-year-old correspondent for Mexican political news magazine La Silla Rota, is one of the brave journalists continuing to work in Mexico, where six reporters (including one of her colleagues) have been murdered since 2013. CNNMoney
• Crystal ball. Noting that nearly one-third of new Fortune 500 board members appointed in 2014 were women, Fortune‘s Erika Fry predicts that the number of women serving on boards of the largest U.S. companies will tick up another 7% in 2016—to 1,130. Fortune
• A wonderful collection? Gwyneth Paltrow is collaborating with Valentino designers Maria Grazia Chiuri and Pierpaolo Piccioli on a capsule collection of clothing inspired by none other than Wonder Woman. New York Times
Tune in to Fortune Live today and every Friday at 3 pm ET at Fortune.com. Fortune Live is hosted by Leigh Gallagher and will feature interviews with Story founder Rachel Shechtman, PwC partner Mitch Roschelle, and Jet.com chief customer officer Liza Landsman.
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ON MY RADAR
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Every woman and girl across the globe should be given the chance to follow their dreams—and letting female entrepreneurs help one another is an important step toward making that a reality.Wendy Diamond, founder of Women’s Entrepreneurship Day<em>.</em>