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Salon, a left-leaning publication known for its sharp political and cultural commentary that showed what online journalism could look like before most mainstream outlets entered the space, is closing up shop after 31 years. In an unsigned farewell announcement on Thursday, Salon pointed to the profound changes in the economics of independent digital journalism and…
“Daily Beast CEO scrambling after rumors of potential sale leaked” Daily Beast’s boss scrambled Friday to tamp down fears the news site will be sold after a report that a deal was in the works, The Post has learned. CEO Heather Dietrick fired off a message to jittery staff, saying “there is no deal and…
“Semafor to return Sam Bankman-Fried investment: report” Semafor, a digital news site launched last year, agreed to return the alleged dirty money it took from accused crypto conman Sam Bankman-Fried, according to a report. “The company intends to redeem the investment,” said an anonymous source, who avoided using the word “return,” but declined to specify…
#TwitterDown: Users Crack Elon Musk Jokes Amid Major Platform Outages Twitter experienced major outages in the U.S. and other parts of the world Wednesday, leading the hashtag #TwitterDown to pop up in numerous posts about the setbacks. Media brands, journalists and Hollywood figures were among those taking shots at Elon Musk amid these issues, which…
“BuzzFeed cutting 12% of workforce as CEO warns of downturn” BuzzFeed will cut about 12% of its workforce to rein in costs, the online media company said Tuesday, as it joins a growing number of US firms that have taken similar measures in anticipation of a potential economic downturn. As of Dec. 31, BuzzFeed had 1,522 employees across…
“Semafor under fire for not returning investment by FTX’s Sam Bankman-Fried” Semafor, a news site launched last month after getting a large infusion of cash from disgraced FTX founder Sam Bankman-Fried, has come under fire for staying mum about whether it will return the now-bankrupt crypto firm’s money. Bankman-Fried was reportedly an initial investor in…
“Politico founder to shut down struggling tech site Protocol” Protocol, the two-year-old technology news website launched by former Politico owner and publisher Robert Allbritton, is shutting down. Staffers were informed at an all-hands meeting Tuesday that the site will stop publishing on Thursday, CNN first reported. Protocol’s flagship newsletter, Source Code, will continue to operate…
Mass Layoffs to Hit Twitter on Friday, Employees Told in Email Elon Musk is about to take a hatchet to Twitter’s workforce. Employees at the platform were told in an email Thursday evening that the company will see mass layoffs on Friday as the billionaire looks to cut down on costs and try to recoup…
“Jim Carrey buys NFT of abandoned Soviet sanatorium” Jim Carrey is the latest celebrity to get sucked into the non-fungible token craze with the purchase of digital art piece that has direct ties to the Soviet Union. Outbidding others, Carrey, 60, paid 20.0Ξ — which equates to $39,535 — for an NFT titled “Devotion.” The work…
“Forbes scraps plan to go public via SPAC merger” Forbes Global Media, the publisher of Forbes magazine, said it’s doing an about-face on its plans to go public through a merger with a blank-check acquisition firm. The deal, which was announced in August, would have taken the 104-year-old magazine and digital publisher public at a $630…