Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul class="summary-list"><li>On Monday, <keyword id="1754577" type="COMPANY" weightage="60" keywordseo="Twitch">Twitch</keyword> announced "<keyword id="10870776" type="UNKNOWN" weightage="60" keywordseo="womxn">Womxn</keyword>'s History Month" on the platform and received waves of criticism.</li><li>Some gamers, trans allies, and conservative critics all railed on Twitch.</li><li>"Womxn" has a decades-long history of provoking controversy and conversation.</li></ul><p>On Monday, Twitch announced a "Womxn's History Month" initiative to feature female streamers on the front page of the website. The announcement was surely meant to be an uncontroversial PR win, but the use of the word "womxn" rather than "women" became the sole focus of online conversation.</p><p>After just a few hours, the post was taken down and <a href="https://twitter.com/Twitch/status/1366543370257002496">Twitch issued an apology.</a></p><p>The incident illustrates the tricky terrain of identity politics that companies like Twitch now navigate, where most are trying earnestly to be as inclusive as possible, but run the risk of becoming a focal point of the day's discourse around quickly evolving topics. </p><h2><strong>'Womxn's History Month' turned into a nightmare for Twitch</strong></h2><p>After Twitch's tweeted about their initiative, social media lit up with criticism targeting the Amazon-owned live streaming company. In just a few hours, "womxn" had hit the top of <keyword id="6354616" type="UNKNOWN" weightage="60" keywordseo="Twitter">Twitter</keyword> trending and had been tweeted over 40,000 times. People from all different corners of the gaming and influencer space shared their opinion on the use of word. </p><p>Many people, including some trans women, felt the word was exclusionary and transphobic, claiming that it <a href="https://www.bbc.com/news/technology-56251452">"implied that trans women were not women," according to the BBC.</a> Critics believed that using an alternate spelling of the word "women" implies that trans women couldn't be in the same category as "women" and needed a separate descriptor.</p><p>Some Twitch streamers, who make their living on the platform, were also vocal about the use of the word. </p><p>Alongside those that felt the word shouldn't be used because they felt it wasn't inclusive, were the crowd that typically campaigns against political correctness.</p><p>With numerous camps coming at them, Twitch quickly folded.  </p><p>In just a few short hours, the original tweet was deleted and the announcement <a href="https://blog.twitch.tv/en/2021/03/01/celebrate-womxns-history-month-on-twitch/#:~:text=So%20this%20month%2C%20join%20us,Twitch%20to%20the%20next%20level.&amp;text=Every%20day%20in%20March%20we,and%20their%20communities%20on%20Twitch.tch.">blog post</a> was rewritten to use the word "women" instead.  They also issued an apology on Twitter where they wrote "our good intentions don't always equate to positive impact, but we're committed to growing from these experiences, doing better, and ensuring we're inclusive to all."</p><h2><strong>The term 'Womxn' has a decades-long history</strong></h2><p>"Womxn" as a label evolved out of "womyn," which first gained popularity in the <a style="font-size: 15px;" href="https://www.dictionary.com/browse/womyn?s=t">1970s at the crux</a> of the second-wave feminist movement. Originally, "womxn" was designed as a counter to what some feminists viewed as exclusionary terminology. It was "meant to include trans and nonbinary women in intersectional feminism," according to <a style="font-size: 15px;" href="https://www.dictionary.com/browse/womyn?s=t">Dictionary.com</a>, which added the word in 2019.  </p><p>"It's a word that lets you pick the pronoun to be identified by, like letting 1,000 flowers bloom and letting people pick the gender quality of pronouns and of identification," Temma Kaplan, a retired professor of women's studies and history who previously taught at Rutgers University, told Insider. "It's moving gender out by substituting for an 'x.' The 'x' is sort of an inclusive thing." </p><p>Over the past decade, use of the term has grown in popularity, which has also attracted skepticism. </p><p>Some groups still proudly <a href="https://www.insider.com/using-the-phrase-womxn-doesnt-mean-youre-trans-inclusive-2021-3">use and celebrate the term.</a></p><p><a href="https://www.facebook.com/SeattleWomxnMarchingForward/">Seattle,</a> <a href="https://womxnsmarchpdx.com/">Portland</a>, and<a href="http://www.womxnsmarchdenver.org/"> Denver</a> have their own annual "Womxn's March." When TedXLondon used "womxn" in a tweet announcement, they defended the use of the term that it is "more inclusive and progressive." </p><p>Others have distanced themselves from the word, claiming that it is exclusionary to trans and nonbinary people.</p><p>"It can be seen as transphobic because it isn't including people within the categories they want, not letting them refer to themselves as whatever they identify with," Kaplan said. "People should pick what they want to claim and shouldn't be assigned to a category."   </p><p>In 2018, <a href="https://www.buzzfeed.com/laurasilver/wellcome-collection-womxn">the London museum Wellcome Collection</a> tweeted out the word and received a wave of internet backlash, prompting them to delete the tweet and remove the word from their website. </p><h2><strong>Those involved in the Twitch incident were surprised and upset</strong></h2><p>For those who were involved in the Twitch incident, the slip-up came as a surprise, partly because they say using the "womxn" spelling seemingly wasn't part of the original plan.</p><p>Ami, a 9,000 follower Twitch streamer featured in an introduction video for the initiative, told Insider she first received an email inviting her to take part one month ago that, according to her, did not include the term "womxn." All she thought was that she was going to be a part of a "unity video" for the platform. </p><p>"A majority of my community identifies very strongly in the LGBTQIA+ community so to know that this message hurt and marginalized so many is upsetting," Ami said. "There have been several scathing messages from people that I think aren't really looking past the initial words of the post itself and seeing the creators behind it." </p><p>Giana Kaplan, who goes by Bloody on Twitch, also received an email invitation to be a part of the initiative about a month ago. The 24-year-old with nearly 30,000 subscribers says that she was initially "confused about the spelling of 'womxn" but was told by Twitch staff that "in addition to women, they wanted to celebrate nonbinary folks who don't particularly identify under a gender binary." </p><p>The visceral community response was "unexpected," according to Kaplan, who says the ordeal was "a lot to handle." Being the only trans woman featured in the video, she says she felt "a lot of people made the conversation about me" and "were implying Twitch was being extremely transphobic" which "felt super uncomfortable and isolating." </p><p>Kaplan had originally shared a tweet with the term "womxn" in it, but deleted it after seeing the reaction. In a follow-up tweet, she wrote that the word "womxn has had very transphobic association in its use."</p><p>When asked for a comment, <a href="https://twitter.com/Twitch/status/1366543371351691268">Twitch pointed to their apology tweet</a>.</p>

Twitch used the term 'womxn' to try to be inclusive, but it sparked an explosive online controversy instead

<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span>Google Finance</span></p></div><p></p></div></div>Stocks in the US were lower on Tuesday ahead of Wednesday's big Federal Reserve announcement, though stocks stateside were less than the sell-off seen overseas as concerns over a potential Brexit continue to weigh on markets. </p><h2>Scoreboard</h2><ul><li>Dow: 17,668, -64, (-0.4%)</li><li>S&amp;P 500: 2,074, -4, (-0.2%)</li><li>Nasdaq: 4,841, -7, (-0.2%)</li><li>WTI crude oil: $48.50, -0.8%</li><li>10-year Treasury: 1.62%</li></ul><h2>Retail</h2><p><a href="http://www.businessinsider.com/why-retail-is-a-hard-business-2015-11">Retail is still hard</a>.</p><p>However!</p><p>The <a href="http://www.businessinsider.com/retail-sales-may-2016-2016-6">May report on retail sales</a> showed sales were up 0.5% over the prior month, more than the 0.3% increase that was expected while sales for the retail "control" group - which is what goes into the GDP calculation - were up 0.4% over the prior month.</p><p>A couple of notable sections here were the divided between non-store retailers (the subgroup that captures online sales) and department store sales. In May, nonstore retailers saw sales rise 1.3% over the prior month while department store sales were down 0.9%. Expect these diverging fortunes to continue. </p><p>The report also gave us some slightly discouraging news out of the home goods space (including building materials, furniture, and garden supplies) with this subgroup seeing the <a href="https://twitter.com/boes_/status/742699216204615681">biggest three-month drop</a> since 2012, according to Bloomberg's Matt Boesler.  </p><p>Overall, Ian Shepherdson, an economist at Pantheon Macro, thought this was a solid report and says personal consumption is on track to grow about 3.5% in the second quarter. Shepherdson added that, "in short, the consumer is back on track."</p><h2>Uber</h2><p>Uber is raising more money. Congrats!</p><p>The ride-sharing company is <a href="http://www.businessinsider.com/uber-to-raise-up-to-2-billion-in-leveraged-loan-2016-6">reportedly set to tap</a> the leveraged loan market for up to $2 billion in funding, according to The Wall Street Journal, a move that could bring the company's total fundraising to $15 billion. </p><p>Uber now has a valuation of $68 billion. These are big numbers. </p><p>Couple of interesting things here. </p><p>As Bloomberg's Julie Verhage <a href="http://www.bloomberg.com/news/articles/2016-01-14/here-s-what-morgan-stanley-is-telling-its-wealthiest-clients-about-uber">reported back in January</a>, the company wasn't disclosing full financials (or, more specifically, Morgan Stanley wasn't disclosing Uber's full financials) to prospective equity investors in a previous fundraising round. When you're offering equity and people want to throw money at you, well, obviously Uber was given more leeway in terms of disclosure. </p><p>But owning stock in a company is (though this might not be a sound investment strategy!) something that can be undertaken with less-than-solid information about a company's financial condition right now or even its projected near-term standing. If you're a long-term stockholder, you're hoping the business grows and that you will share in the eventual profits. Again, all this in theory, lots of things depend, etc. etc. Also this is not investing advice. </p><p>Credit investors, however, are a more discerning bunch. Credit investors, unlike equity investors, think mostly about what can go wrong with a company since not only are they owed regular coupon payments but then all of their principal back at the end. </p><p>Presumably Uber is going to need to disclose more of its financial condition as part of this offering. Which is exciting, given that people don't <em>really</em> know a whole lot about the company. </p><p>Two other interesting things to think about here: is Uber raising this money because investors are throwing themselves at the company, almost begging them to take the capital and Uber is being smart and saying, "Oh and the terms are great? Yep, we'll take it!"; or, is Uber in more dire financial condition than we think and raising money to meet growing burn rates?</p><p>We don't really know. These outcomes are quite different. Also neither may be true. But it is a fascinating company to think about.</p><p>A unicorn among unicorns. </p><h2>Concerns</h2><p>People are worried about stuff. </p><p>As a result, lots of investors are in cash. </p><p>According to <a href="http://www.businessinsider.com/investors-hoarding-cash-2001-level-2016-6">Bank of America Merrill Lynch's latest fund manager survey</a>, the amount of cash being held by those surveyed by the bank is at the highest level in about 15 years (since November 2001). Recall that at that time were in a post-tech bubble recession and reeling from the events of September 11. Quite a different time. </p><p>Now, we have markets concerned about the <a href="http://www.businessinsider.com/brexit-europe-risk-2016-6">UK voting to leave the European Union</a>, China slowing more than official data say, the Federal Reserve about to raise interest rates and/or make a policy mistake, all while labor is beginning to eat into capital's profits in the US. </p><p>And stocks and bonds are at generational highs. </p><p>So, cash it is. </p><h2>Wages</h2><p>Speaking of labor over capital, <a href="http://www.bloomberg.com/news/articles/2016-06-14/more-evidence-that-the-job-market-is-tightening-and-wages-are-headed-higher">Luke Kawa over at Bloomberg highlighted</a> the latest wage tracker from the Atlanta Fed which shows, definitively, that wages are going up. </p><p>You know, if you believe that sort of thing.  </p><p>The Atlanta Fed's tracker follows median worker pay in the US, which has risen 3.5% year-over-year as of May. Note that the 2.5% year-on-year increase in the May jobs report brought average hourly earning gains for 2016 to a tracking rate of 3.2%, so not far off the Atlanta Fed's measure. </p><p>This latest wage indicator also comes after this morning's <a href="http://www.nfib.com/assets/SBET-May-2016-1.pdf">NFIB Small Business Optimism report</a>, which showed optimism in May ticked up slightly to 93.8. </p><p>More significantly, however, the report showed the labor market continues to be squeezed. Tight. </p><p>"Fifty-six percent reported hiring or trying to hire (up 3 points), but 48 percent reported few or no qualified applicants for the positions they were trying to fill," the report said.</p><p>"Hiring activity increased substantially, but apparently the 'failure rate' also rose as more owners found it hard to identify qualified applicants. Thirteen percent of owners cited the difficulty of finding qualified workers as their Single Most Important Business Problem, #4 on the Most Important Problem list."</p><p>And this updated chart, which comes to us from Jason DeSena Trennert at Strategas Research Partners, shows that everything small businesses are saying still points to higher wages. We're just gonna have to be a little patient.  </p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Strategas Research Partners</span></p></div><p></p></div></div></p><h2>Additionally</h2><p><a href="http://www.businessinsider.com/investment-banks-could-struggle-to-retain-talent-2016-6">'Any banker with a brain' is now looking for an exit on Wall Street</a>. </p><p><a href="http://www.businessinsider.com/analysts-on-apple-wwdc-2016-6">Here's what analysts had to say about Apple's mediocre event</a>. </p><p><a href="http://www.businessinsider.com/nigeria-inflation-may-2016-2016-6">Inflation in Nigeria is out of control</a>. </p><p><a href="http://www.businessinsider.com/iex-gets-sec-approval-on-exchange-status-dj-reports-2016-6">IEX is getting closer to be awarded exchange status by the SEC</a>. </p><p><a href="http://www.businessinsider.com/time-for-a-better-capitalism-2016-6">Henry Blodget's vision for a better version of capitalism</a>. </p>

You Searched For "Kawa Space" and got 2 results

Twitch used the term 'womxn' to try to be inclusive, but it sparked an explosive online controversy instead

Steven Asarch

STOCKS SLIP, RETAIL SALES BEAT: Here's what you need to know

Myles Udland

Popular Keywords

Buying Guides