Items tagged with Washington Post

How's this for perspective? A two-year old startup by the name of Instagram sold to Facebook for $1 billion. A newspaper housed in a nation's capitol city, which has been around over a century, has just sold for one quarter of that. It's a strange, wild, and completely digital world that we're living in today, which may help explain why the founder of Amazon has paid $250 million in cash for The Washington Post. It's important to note that Amazon isn't buying the paper, but Bezos himself. Moreover, this isn't the first time Bezos has invested in the news business; he has also invested in the Business... Read more...
There have been two major leaks this past week that we want to talk about. First, news that Verizon turns over all phone call metadata -- the numbers called, dialed, and the duration of the phone call in question -- to the NSA. Second, news that the NSA has agreements with major tech companies, including Apple, Facebook, Google, Microsoft, and Yahoo, that require those companies to turn over information. Every firm named in these slides has come out and said it does not reveal information about US citizens without an appropriate court order. The NSA has released a statement confirming this, saying:... Read more...
One of the most significant impacts of the iPad (and of tablets more generally) has been the devices' perceived ability to alleviate the crushing financial woes currently afflicting most major newspapers and magazines. The general theory is that customers, who are used to reading web content for free, will pay a monthly charge for the privilege of reading content through an application. The New York Times has been working on its own paywall and has released some preliminary information on what the various services will cost. For now, at least, free service isn't going away. The Gray Lady will allow... Read more...