The company, which debuted last year with big plans to disrupt journalism, generated only $3 million in revenue by the end of December.
Category: United States Politics and Government
True-Crime Podcasts About Trump Are Everywhere
MSNBC, NPR, Vox Media and The Atlanta Journal-Constitution are all aiming to capitalize on interest in the criminal cases against President Donald J. Trump with the shows.
Political Debate Is Rife on TikTok. Politicians? Not So Much.
Very few politicians, including the top candidates for president, are on the hugely popular video app — perhaps ceding much of the political discussion to others.
Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears
American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.
In Biden’s Climate Law, a Boon for Green Energy, and Wall Street
The law has effectively created a new marketplace that helps smaller companies gain access to funding, with banks taking a cut.
A New Law Supercharged Electric Car Manufacturing, but Not Sales
President Biden’s 2022 climate act spurred big investments in U.S. battery factories, but it has not similarly boosted E.V. sales.
Automakers Delay Electric Vehicle Spending as Demand Slows
Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.
Executive Order on A.I. Tries to Balance Technology’s Potential and Peril
President Biden announced regulations on Monday that seemed to have a little bit for everyone.
U.S. Tightens China’s Access to A.I. Chips
The further limits on shipments could cripple Beijing’s A.I. ambitions and dampen revenues for U.S. chip makers, analysts said.
The Upshot of Microsoft’s Activision Deal: Big Tech Can Get Even Bigger
With the completion of the blockbuster acquisition, the notion that tech giants can grow through “vertical transactions” remains intact.