Gannett reports Q2 revenue down 6.9% YoY to $748.7M, a $53.7M net loss, revises guidance down, and plans real-estate sales and cost cutting
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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James Vincent / The Verge:
Sources: Crypto.com has quietly let go of hundreds more employees since announcing it was laying off around 260 employees, or 5% of its workforce, in June
Meghan Bobrowsky / Wall Street Journal:
Sources: Evan Spiegel told staff that Snap is stopping future development of its Pixy flying selfie camera as part of a broader reprioritization of resources
Ian King / Bloomberg:
Sources: Qualcomm is planning a return to the server processors market and is seeking customers, including AWS, for a chip stemming from its purchase of Nuvia
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