News roundup: Cory Booker, Silicon Valley, and #waywire

Newark mayor and Senate candidate Cory Booker’s affinity for social technology is well known, and his startup, #waywire, has received a lot more attention in recent days. A roundup of the key news and issues surrounding the company, as well as Booker’s ties to Silicon Valley, starting with the announcement of #waywire 2.0 earlier this spring:

  • “Where do you put the videos you find around the web, and how do they express your identity? #waywire 2.0 aims to be the answer. Co-founded by Newark Mayor Cory Booker and launched nine months ago, #Waywire focused on original and user-generated content.” (TechCrunch) …read more
  • “Mr. Booker personally has obtained money for the start-up, called Waywire, from influential investors, including Eric E. Schmidt, Google’s executive chairman. A year after its debut, Waywire has already endured a round of layoffs and had just 2,207 visitors in June, according to Compete, a Web-tracking service. The company says it is still under development.” (New York Times) …read more
  • “Andrew Zucker, the son of Jeff Zucker, president of CNN, resigned from a board that advises the Newark mayor’s Internet venture.” (New York Times)  …read more
  • “Newark (N.J.) Mayor Corey Booker’s connections to Silicon Valley stretch back to his days at Stanford. Now he’s a co-investor with Google’s Eric Schmidt, holding a stake worth $1 million to $5 million in video curation startup Waywire.” (Biz Journals) …read more
  • “Part of Booker’s political success has stemmed from his connections and adaptability in the media age, and his involvement in the startup was not, it seems, anything he has tried to hide.” (Policy Mic) …read more
  • “Mayor Cory Booker, who is seeking a United States Senate seat in New Jersey, should disclose the full details of his involvement in an Internet start-up.” (New York Times)  …read more


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