Local news has been eviscerated by Google and Facebook and it is time for them to pay for content they now use for free, says a new report from Senator Maria Cantwell, the top Democrat on the Senate Commerce Committee. Cantwell called for new rules that prevent digital platforms “from taking local news content without financial payment.” One solution floated by Cantwell is modeled on a law...
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The Takeaway
“It’s Hard to Know Where It Stops”
There are weeks when I read the news and think, “Really? Can all of this be happening?” Nowadays, I’m referring to the wild west of the startup and VC business, which is getting more insane by the term sheet. This week you saw unbelievable stories of rising prices, documented here by Kate. At the same time, there were important cautionary tales about the downsides of excessive...
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