Personal Finance

Lessin: Deals between tech companies, media will impact coverage

Jessica Lessin, the founder and editor in chief of tech news site The Information, writes about the editorial impact of deals between technology companies and publishers.

Lessin writes, “I have said it before, and I will probably be saying it again and again and again: Tech companies and news organizations have very different priorities, values and opinions about the purposes of news business. You don’t need to look far to find examples of these same tech companies refusing to pay publishers around the world for their articles, even while they are striking these one-off deals with the largest publications.

“And while I respect the journalists and editors at thews news organizations too much to imply that they are going to ease up on their touch coverage because of a deal, it would be absurdly naive to assume that stronger financial ties between publishers and tech platforms won’t change coverage

Read More

Delta Digital News receives grant to produce more regional content

Delta Digital News Service at Arkansas State University has received a $20,000 grant from the Fred Darragh Foundation in a bid to expand DDNS’s capacity to produce more news content regionally, help hire high school students to careers in journalism, and provide professional-level experience for ASU journalism students.

Delta Digital News Service was founded in 2016 as a working lab for undergraduate students to feed content to news organizations. This is the second gift that the service has received from the Darragh Foundation that provided a grant of $10,000 to help get the program started.

The lab is also an anchor project for Arkansas State University’s Media and Communications multimedia journalism program which has won several awards, including the 2020 Diamond Journalism Awards in June, sponsored by the Arkansas Pro Chapter of the Society of Professional Journalists.

Dr. Brad Rawlins, professor and director of the School of Media and

Read More

Ericsson to buy Cradlepoint for $1.1 bln

Swedish Ericsson will buy U.S. wireless networking services provider CradlePoint for $1.1 billion to advance its 5G capabilities.

Helena Soderpalm and Supantha Mukherjee reported the news for Reuters:

Ericsson ERICb.ST has agreed to buy U.S.-based wireless networking company Cradlepoint in a $1.1 billion deal, the Swedish telecoms gear maker said on Friday.

The deal, Ericsson’s largest in more than a decade, would give it access to tools that can connect devices using the so-called Internet of Things over a 4G or a 5G network.

“We think this will give our customers a chance to generate new income sources within the enterprise segment,” Ericsson finance chief Carl Mellander told Reuters.

Bloomberg’s Charles Daly wrote:

Ericsson, Nokia Oyj of Finland and China’s Huawei Technologies Co. are locked in intense competition to supply 5G technology that’s increasingly been caught up in a global political battle. Borje Ekholm, the chief executive of Ericsson,

Read More