Axios / Peter Allen Clark
Meta is putting the metaverse on the back burner →“According to PitchBook data compiled by Axios Media Deals’ Tim Baysinger, through March 16, 2022, companies that played in the metaverse or web3 space had raised nearly $2 billion in funding. So far this year, metaverse and web3 companies have raised $586.7 million, a bit more than a quarter of last year’s total.”
The Wall Street Journal / Jennifer Calfas and Joseph Pisani
The Wall Street Journal / Alexandra Bruell
Labor strife at The New York Times intensifies, dividing staff →“Times publisher A.G. Sulzberger last week sent a note to members of the union’s bargaining group for the first time, expressing his concern about the lengthy negotiations. Mr. Sulzberger claimed the committee is refusing to negotiate in person in small groups, a chance ‘to lock eyes, shake hands and hash out a deal,’ according to a copy of the email reviewed by The Wall Street Journal.”
The Drum / Christ Sutcliffe
The Guardian / Margaret Sullivan
Press Gazette / Charlotte Tobitt
Associated Press / Jill Colvin
The Washington Post / Katherine Ellison
Columbia Journalism Review / Anjan Sundaram
Press Gazette / William Turvill
The New York Times / Michael M. Grynbaum and John Koblin
The Plug / Sherrell Dorsey
The Guardian / Danya Hajjaji
BBC chair Richard Sharp reportedly helped a friend get a paid job advising the network →“Sharp, 67, is under pressure to resign after it was revealed he had helped then-prime minister Boris Johnson secure a guarantee on a loan of up to £800,000 in 2020…His reputation took another hit this month, after the BBC’s controversial move to suspend the Match of the Day host Gary Lineker after he criticized the government’s language when discussing asylum seekers.”
Press Gazette / William Turvill