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The high-tech anaconda.

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Post by Lummy Mon May 10, 2021 6:49 am

(Bloomberg) -- The owner of the Los Angeles Times is calling on the government to throw its support behind newspapers, saying the loss of advertising to tech companies and declining readership threaten local journalism.

“The government needs to step in a little bit,” Patrick Soon-Shiong, the billionaire biotech entrepreneur who bought the Times in 2018, said in an interview. https://www.msn.com/en-us/money/companies/biotech-mogul-behind-la-times-says-papers-need-government-aid/ar-BB1gtRIe

The sad part is that Big Tech’s control over the free flow information is almost entirely illusory and based wholly on our submission to it. Much in the same manner that consumers become zealously brand-conscious, we have come to accept that Microsoft, Apple, Google, Facebook, Twitter, and YouTube have some innate value that makes them indispensable.
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Post by RV Mon May 10, 2021 8:23 am

Lummy wrote:
(Bloomberg) -- The owner of the Los Angeles Times is calling on the government to throw its support behind newspapers, saying the loss of advertising to tech companies and declining readership threaten local journalism.

“The government needs to step in a little bit,” Patrick Soon-Shiong, the billionaire biotech entrepreneur who bought the Times in 2018, said in an interview. https://www.msn.com/en-us/money/companies/biotech-mogul-behind-la-times-says-papers-need-government-aid/ar-BB1gtRIe

The sad part is that Big Tech’s control over the free flow information is almost entirely illusory and based wholly on our submission to it. Much in the same manner that consumers become zealously brand-conscious, we have come to accept that Microsoft, Apple, Google, Facebook, Twitter, and YouTube have some innate value that makes them indispensable.

Laugh out loud! "Local journalism"... Now THAT is funny!
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Post by HawkTheSlayer Mon May 10, 2021 3:15 pm

That's right. Look to the government to fix it. Lol.

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Post by Carolina73 Tue May 11, 2021 9:39 pm

They could try honest and unbiased reporting and maybe the other half of their subscribers would come back.
I'm sure they would not like that idea.
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Post by RV Tue May 11, 2021 10:49 pm

HawkTheSlayer wrote:That's right. Look to the government to fix it. Lol.

Yeah, the government will only do what is truthful and right, just like they have done with the election...
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