By Ryan McCarthy February 02, 2024 This year, something unusually dark is happening in an industry that is, by design, quite used to handling bad news. In a strong economy, with unemployment near a 50-year low, virtually every single part of the news business—digital media, local news, TV, print, podcasts, and documentaries—is laying off … Continue reading Why does journalism seem like it’s collapsing? Call it market failure
Journalism Groups Join Coalition To Save Local News by Laurie Sullivan @lauriesullivan, January 27, 2023 Rebuild Local News, a coalition group, proposed a dramatic tax-based solution to the problem of disappearing local journalism, which is having significant social and political consequences, according to Near Media co-founder Greg Sterling. Turns out the art of news is dwindling. Since 2004, 2,100 … Continue reading Journalism Groups Join Coalition To Save Local News
Facebook is buying Oculus VR for $2 billion, plans to ‘unlock new worlds for all of us’ Richard Lawler @Rjcc Mark Zuckerberg is following up his Whatsapp buy with another big acquisition: virtual reality company Oculus VR for $2 billion in stock and cash (curiously, news of the talks may have leaked on Reddit … Continue reading John Carmack leaves Meta with a memo criticizing the company’s efficiency
