Some particularly fervent crowdfunding fans think it’s poised to replace major parts of the old journalism model. Gigaom’s Mathew Ingram wondered aloud if crowdfunding certain stories could “give website publishers a lot more financial freedom” by eliminating the need to sell ads. The Guardian’s digital GM believes that crowdfunding will be “an enabler of the total overhaul of every aspect of production,” journalism included. And Beacon’s founders are, predictably, bullish on the idea. (“In the future, there has to be some way for people with large followings on the Internet to really group together and … be supported,” one of them told TechCrunch earlier this year.) … [Read more...] about Paying Journalists in Ferguson Is Good, But Crowdfunding Won’t Save the News Business
A bankruptcy filing doesn't necessarily mean a company will go out of business. Many use bankruptcy to shed debt and other liabilities while closing unprofitable operations, in hopes of emerging leaner and stronger. Lots of these companies have gone on to post record profits, including automaker General Motors (GM)and many of the nation's airlines. … [Read more...] about 6 companies that filed for bankruptcy in May
Trump never said the virus would go away by one specific day, but he did say repeatedly in February that he believed the virus would go away by or in the month of April -- calling April "a beautiful date to look forward to." (He qualified some of these claims with phrases like "I hope," "supposedly" and "we're not sure yet.") Also, it's not true that the virus was "going away" at the time he defended his comments -- it was still is spreading widely. You can read a longer fact check here. … [Read more...] about Fact check: A list of Trump’s pandemic-related false claims from March 16 through May 3
I got my first job as a beer buyer in 2004. At that time there were no craft breweries within the city limits of Oakland or Los Angeles, and even San Francisco, home to the country’s original craft brewery, had only a handful. Back then curating an interesting beer list meant driving up and down the coast to places like San Diego, Pasadena and Portland to find people who were just as excited to share their favorite local beers as I was to be drinking them. … [Read more...] about Miss your local bar? Try Instagram.
Still, some workers got COVID-19, although it’s not known where they were infected. In some cases they still came to work, forcing companies to close plants temporarily for cleaning. In at least one case, a worker at a seat-making plant near Chicago got the virus, forcing a shutdown and cutting off parts. General Motors had to delay adding shifts at truck plants because the Mexican government wouldn't allow full parts factory restarts until June 1. … [Read more...] about Infected workers, parts shortages slow auto factory restarts