Sargent McCormick says he and other investors have formed a venture fund to raise money to acquire the Chicago Tribune or become Tronc's largest shareholder
Mediagazer presents the day's must-read media news on a single page.
The media business is in tumult: from the production side to the distribution side, new technologies are upending the industry. Keeping up with these changes is time-consuming, as essential media coverage is scattered across numerous web sites at any given moment.
Mediagazer simplifies this task by organizing the key coverage in one place. We've combined sophisticated automated aggregation technologies with direct editorial input from knowledgeable human editors to present the one indispensable narrative of an industry in transition.
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Richard Nieva / Forbes:
Michael McSweeney / The Block:
FDIC issues cease-and-desist letters to FTX US and four other crypto firms over making “false representations” that their crypto products might be FDIC-insured
Aaron Holmes / The Information:
Source: Cisco CEO told staff that the company will increase operating expenses by $1B over the next year, in part to raise pay and stop employee departures
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