Great reporting from Futurism’s Noor Al-Sibai and Jon Christian. Despite vowing not to do this, it looks like BuzzFeed chief Jonah Peretti can’t resist selling
Red Ventures isn’t selling ZDNet anytime soon. If anything, the 30-year-old franchise is growing. Look for enhanced coverage of health, education and personal finance in
BuzzFeed senior technology reporter Alex Kantrowitz says he’s proud of his first book, Always Day One, published last month in hardcover and online. Always Day One explores management attitudes and techniques that keep Amazon, Facebook and Microsoft on top (Apple not so much, due to its secrecy, Alex says).
More than 1,000 media people lost their jobs yesterday. At BuzzFeed the toll will range between 225 and 250. At Verizon Media Group — home to Yahoo, AOL and TechCrunch — it was more like 850. What’s happening and what does it mean for PR?
YOUR ACCOUNT
FRIDGE NOTES
Former NYT reporter and Google Cloud EIC Quentin Hardy also interviewed Eric Savitz about his career and move to GM. Good reading.
The UK-based newsletter company called Trending Now uses AI to scrape what’s trending across 27 areas of B2B. Press Gazette has additional detail. The company employs ten, none of whom are journalists (by traditional definition).
The full union membership needs to ratify it on July 24, but it looks like no editors can be laid off or suffer a salary cut if the publication goes big in its use of generative AI. More detail here from Neiman.
Goldman Sachs took 32 pages to say pretty much that. The media business may turn out to be an outlier, an industry perfectly suited to synthetic, multilingual words, sounds and images at scale. As for everyone else, well, the global consultancies will learn the truth first because they have rushed to monetize Gen AI — they aren’t yet succeeding.
Three free one-month subs are available from SWMS, no catches or gimmicks. Get in touch for details. BT is among the best tech newsletters out there.
