Business Insider Lays Off 20% of Staff
May 30, 2025
1:24 pm
The BI culture over the years has been aloof to vendors and definitely PR. Now that many of those affected could use a friend or
>> Axel Springer
Prepare for Axel Springer to Acquire Publications
September 22, 2024
5:20 am
Now that it has sold off its classifieds business, the owner of Politico and Business Insider will go shopping for more titles. Don’t be surprised
YOUR ACCOUNT
FRIDGE NOTES
Business Insider Lays Off 20% of Staff
May 30, 2025
The BI culture over the years has been aloof to vendors and definitely PR. Now that many of those affected could use a friend or two, here’s hoping they get the lift they need. Here is the message from BI CEO Barbara Peng.
Our contributed content gatekeeper cheat sheet is being scrubbed. Up to the R’s already…
May 27, 2025
… and the total number of pubs that still play the game is still above 100, but by not much. Says ReadWriteWeb: “Messages about free guest posts will be ignored.”
Politico’s Union
May 27, 2025
Says Wired: “Politico has rules about AI in the newsroom. Staffers say those rules have been violated—and they’re gearing up for a fight.” It’s about those AI news summaries, the ones the readers love and reporters hate because they compete for reader attention.
Sports Gambling + Social Media Can Prove Ugly
May 25, 2025
Shameful.
From a May 23 article on the MLB site:
“With the rise of sports gambling, [the threats have] gotten a lot worse,” said [Red Sox reliever] Liam Hendriks. “…whether it be Venmo requests, whether it be people telling you in their comments, ‘Hey, you blew my parlay. Go [expletive] yourself,’ kind of stuff. And then it’s, ‘Go hang yourself. You should kill yourself. I wish you died from cancer.’ That one kind of hit a little too close to home for me with everything I’ve gone through.”
The Media Business Underperforms Other Industries, Badly
February 6, 2025
This is majorly tl;dr, but recent research from FT Strategies and Reuters empirically uncovers every trend there is, when it comes to the health of the media business. In short, “the media” is barely breakeven, here and around the world. AI search may prove devastating.