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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

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Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
Broadsheet

The Broadsheet: July 29th

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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July 29, 2016, 7:56 AM ET
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Good morning, Broadsheet readers! The DNC wraps up with Hillary and Chelsea Clinton, Rhode Island’s top exec weighs in the power of female leadership, and we meet one of Apple’s rising stars. Have a relaxing weekend.

EVERYONE'S TALKING

• Hillary's big night. Hillary Clinton claimed the Democratic presidential nomination last night, stepping into history—and into her general election fight against Donald Trump. She delivered what was perhaps the biggest speech of her career, tacking both what she would do if elected and who she is: an experienced public servant and a wonk who "sweats the details of policy." Clinton promised to bring opportunities to women and girls, reviving a line she has used before, "If fighting for affordable child care and paid family leave is playing the woman card, then deal me in!" The DNC crowd didn't seem to mind the repeat, responding with a chant of, "Deal us in, Deal us in!"

In a striking bit of symmetry with the GOP convention, where Ivanka Trump introduced her dad, Chelsea Clinton set the stage for her mom last night. And like Ivanka did for Donald Trump, Chelsea clearly aimed to humanize Hillary, peppering her speech with personal anecdotes. Chelsea did not look entirely comfortable on stage, which made me wonder about whether she's be interested in playing a serious role in a second Clinton administration. Insiders have speculated that she might return to the White House to help her parents manage the day-to-day—including some of the more ceremonial jobs that have traditionally fallen to the first lady. While I appreciate the family trying to play to their strengths, giving those tasks to Chelsea rather than Bill sends the wrong message about gender roles.

ALSO IN THE HEADLINES

• Apple of our eye. Fortune's Leena Rao sits down with Bozoma Saint John, who stole the show at Apple's June developers conference. When she's not busy becoming an Internet sensation, Saint John heads global marketing for Apple Music and iTunes. Fortune

• PE pacesetter. Sandra Horbach, the first woman female partner at a major American private equity firm (Forstmann Little & Co.), has broken through another glass ceiling: She is now one of two co-heads of the Carlyle Group's main U.S. buyout arm, with nearly $40 billion under management.  New York Times

• Money honey? Following buzz that Hillary Clinton is "intrigued"by the possibility of appointing the first-even female treasury secretary, Fortune's Dan Primack reports that the smart money is on federal reserve governor Lael Brainard. For more background on Brainard, check out the New York Times story I linked to earlier this week. Fortune

• Scandalous pick. I got a chuckle out of the lede of this story about how Hillary Clinton tapped Shonda Rimes to make a video for the DNC: "Who did Hillary Clinton’s team turn to to create the biographical story of her life? The creator of the TV show Scandal, of course." New York Times

• Broad Strokes for my folks. My colleague Valentina Zarya (hi, Val!) and I are launching Broad Strokes, a new Friday video show where we recap the week's top stories that matter to women. Check us out: Fortune

MOVERS AND SHAKERS: Starbucks has appointed Leanne Fremar, a former Under Armour executive, as executive creative director. Vox Media named Melissa Bell, its VP for growth, as its publisher.

IN CASE YOU MISSED IT

• We see you, Governor. Rhode Island Gov. Gina Raimondo has a poignant anecdote that explains why she's so happy to see a female presidential nominee. Raimondo recalls overhearing a mother talking to her daughter about hearing "the governor" speak, to which the girl responded: "Where is he? I want to see him." New York Times

• Get branded. Have you ever wondered what the heck a "personal brand" is—and whether you need one? In this new Fortune series, we talk to experts who explain how women can use their speaking style, body language, and online presence to create a powerful brand for themselves. First up: Cheryl Han, CEO of styling service Keaton Row.  Fortune

• Thanks, Mark. When Mark Perry, who teaches at the University of Michigan’s Flint campus, discovered that Michigan State University has a women-only lounge, he went on a mission to get it closed, or at least have it opened to male students. Not long after, MSU did shutter the space—unleashing a major campus controversy. Washington Post

• Moms on the Street. Equity, the new movie about women on Wall Street, includes a plot line about a female banker who's afraid to tell her boss about her pregnancy. So, New York Magazine asked three of the film’s powerful female advisers and investors, "What is it really like to be pregnant on Wall Street?"  New York Magazine

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ON MY RADAR

Women see a female president lifting them all  New York Times

Gretchen Carlson is angry it took so long for Fox News to fire Roger Ailes  The Guardian

Melania Trump's website has mysteriously disappeared  New York Magazine

Can you name the women who broke thorough these glass ceilings  Money

QUOTE

When there are no ceilings, the sky’s the limit.

Hillary Clinton, accepting the Democratic nomination
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Kristen Bellstrom
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