by Joan E. Solsman January 5, 2017 8:07 AM PST @joan_e
Up Next Robots, laptops and a giant flash drive: All that matters from CES so far
Medium, the web-publishing site run by Twitter co-founder Ev Williams, is laying off a third of its staff because ad-supported digital media is a "broken system," Williams said in a blog post Wednesday.
The company's current trajectory risked turning it into an extension of that broken system, Williams said. As a result, the blogging platform will lay off 50 workers, mostly in sales, support and other business functions. Its offices in New York and Washington DC will close.
"Ad-driven media on the internet ... simply doesn't serve people. In fact, it's not designed to," he said, adding that "vast majority" of articles, videos and other content are paid for by corporations to "advance their goals. As a result, we get ... well, what we get. And it's getting worse."Designed as a simple blogging platform, Medium widened its business in the past year to become a publishing platform for news outlets, as it tested a revenue program based on ads. Liberal political site "ThinkProgress" moved onto Medium in July, and Bill Simmons' "The Ringer" launched there in February.
Relax Medium lays off third of staff, blaming reliance on ads stories
This may be the most spectacular way President-elect Donald Trump's tweets have been used against him.
Fox, the studio behind Ridley Scott's upcoming "Alien: Covenant" film, plans a "horrifying" virtual reality experience to go with it.
New customers can score three ebooks and one audiobook per month, plus unlimited access to all sorts of other media. Plus: a huge Cyberlink software bundle for cheap!
This rare movie sale includes titles like "Gangs of New York," "Memento" and the endlessly quotable "Glengarry Glen Ross."
The sale on Friday offers discounts on TV shows, music, games, apps and eBooks.
The food chain complimented the late actress for having "the best buns in the galaxy" in a tweet that was soon deleted. It came hours after Steve Martin deleted his own tribute to the actress.
Hits like "Mulan," "Lilo & Stitch" and "The Empire's New Groove" will all be available on Hulu.
The basketball league and FanDuel launch a real-time interactive mobile game, so fans watching NBA games on TV can compete against each other.
You can't spell "snowman" without "hell no, man," or so this Toronto Zoo panda seems to think.
From the Cheapskate: Assuming you choose the Limited Commercials plan, you'll actually net $4. The offer is for new and "eligible" returning customers.