The Los Angeles Times removes Particle's AI-powered “Insights” feature from a column after the tool tried to defend the Ku Klux Klan, just a day after its debut
Welcome to Cautious Optimism, a newsletter on tech, business, and power. Margaret Sullivan / The Guardian : The LA Times' AI ‘bias meter’ looks like a bid to please Donald Trump Shelly Palmer : The LA...
BuzzFeed sells Complex, acquired for $300M in 2021, to livestream shopping platform Ntwrk for $108.6M; BuzzFeed plans to lay off 16% of its workforce
I read it and realized BuzzFeed is laying off 16% of its own staffers not Complex's Natalie Jarvey / @natjarv : Pretty notable that BuzzFeed is retaining Hot Ones as it sells off Complex https://www.h...
Letterboxd's founders sell a majority stake to Canadian company Tiny; a source says the deal values the film-focused social network with ~10M users at $50M+
Post article to X Post article to Facebook Copy article link Tiny : Tiny Announces Majority Acquisition of Letterboxd Alex Weprin / The Hollywood Reporter : Letterboxd, Film Discussion Platform, Sells...
After social media upended the fashion, beauty, and lifestyle magazine industries, some women turn to Facebook Groups and Substack for curated recommendations
and they want to trust the person telling them. The Women's Magazines of 2023 Are in a Facebook Group and Your Inbox https://www.nytimes.com/... Sapna Maheshwari / @sapna : wrote about Gee Thanks Just...
Interviews with more than 24 people involved in the AT&T/Time Warner merger, including Jeff Bewkes and Randall Stephenson, detail how it went disastrously awry
At Time Warner, executives saw AT&T as just a “big phone company from Texas.” At AT&T, they thought Hollywood would play by their rules. Tweets: @jamesstewartnyt , @nytimes , @dandrezner , @nickconfe...
How Apple, Amazon, and Google are trying to win live sports streaming rights by persuading skeptical leagues to switch from traditional TV and cable networks
but not on your TV Tim Baysinger / Axios : Google makes NFL Sunday Ticket a three-way race Mike Florio / NBCSports.com : Report: Google has made a bid for Sunday Ticket Jose Montes de Oca / Newslit Da...
Sources: Substack dropped efforts to raise money, after talks to raise $75M-$100M at a $750M-$1B valuation, during which the company said 2021 revenue was ~$9M
Good afternoon! Today, Realm's no-code beta enters it's … Michael Spencer / Creator Economy Tips : Substack Halts Plans for Series C Funding Casey Newton / Platformer : Substack's failed fundraise Tw...
Warner Bros. Discovery will shut down CNN+ on April 30, after its March 29 debut; sources: CNN+ had ~150K subscribers and was on pace to hit first-year goals
the same firm that suggested pharmacists get REBATES for opioid deaths—charged CNN millions to tell it what someone wanted to hear. Every $ wasted could have gone to paying journalists. https://twitte...
Sources: CloutHub and FreeSpace are among the apps vying to be next platform of Trump, who “wants cash money up front” in exchange for followers he would bring
he wants cash flow, not long term value Ben Mullin / @benmullin : Donald Trump wants an up-front licensing fee to bring his brand (and presumably tons of followers) to a new social network, @keachhage...
Axios says it will launch AxiosHQ, which lets companies write internal memos styled like Axios newsletters, next month, starting at $10K a year
AxiosHQ communications platform to launch with Delta Air Lines and AT&T among early customers — Punchy news startup Axios is betting … Tweets: @stevekopack , @caseynewton , @benmullin , @katie_roof ...