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10 Sunday Reads

Barry Ritholtz

My Sunday morning look at incompetency, corruption and policy failures: • The Real Crisis in Humanities Isn’t Happening at College Our problem is in the real world—not the ivory tower—and so is the solution. ( Slate ) • Warming Is Getting Worse.

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Facebook Says It Will Invest $300M In Local News

PYMNTS

15), was clear: People wanted more local news, and local newsrooms wanted more support from the company. Facebook will also invest $2 million in Report For America , to put 1,000 journalists in local newsrooms across the country in the next five years. The answer, according to an announcement on Tuesday (Jan.

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FTC, 48 States Launch Massive Antitrust Suit On Facebook

PYMNTS

In a newsroom statement , Facebook said both acquisitions had been cleared by regulatory agencies, and that overturning them after the fact would set a dangerous precedent.

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Facebook’s News Accelerator Nets Extra $5M For Local Newspapers

PYMNTS

Facebook said in January that it was investing $300 million in local news, and would support newsrooms’ information gathering efforts and help local news organizations build sustainable business models. We strongly believe that digital subscriptions are part of the solution.”.

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The New York Times Inks $30M Consumer Guide Deal

PYMNTS

The practical approach that The Wirecutter and The Sweethome take to product recommendations embodies the same standards and values that are the pillars of our own newsroom,” Thompson added. Both sites generate revenue via direct links to merchants where money is earned for each consumer click and purchase via the eCommerce sites. “

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The Subscription Two-Step: Adweek Flexes To Keep Subscribers For The Long Haul

PYMNTS

Newsrooms have struggled with funding shortages and staff cuts in recent years, but one report showed that many are rolling out digital subscription strategies that can help them outlast the pandemic and ultimately thrive. Around The Subscription Commerce Space.

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Verizon, Samsung Partner To Bring Oath Content To Samsung Devices

PYMNTS

Through the new deal, Oath’s Newsroom app, Yahoo Sports, Yahoo Finance and Go90 mobile video apps will be pre-populated on all of Samsung’s Galaxy S9 and S9+ devices. Verizon Communications’ Oath Inc. subsidiary has signed a deal to place four of its most popular apps on millions of Samsung devices across the United States.