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    There’s another reason the L.A. Times’ AI-generated opinion ratings are bad (this one doesn’t involve the Klan)
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    What We’re Reading
    We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
    Evgeny Lebedev closed the Evening Standard after pressure from a Saudi investor
    inews.co.uk / Adam Sherwin / Jun 13, 2024
    “Lord Lebedev’s Saudi co-investor has become a decisive influence in the future of the brand. Sultan Mohamed Abuljadayel, who hails from a family with major international property investments, bought a 30% stake in the Standard’s parent company for £25m in 2018.

    Yet with losses amounting to £84.5m over the last six years, Lord Lebedev finally agreed to a cost-cutting plan to shut down daily publication of the paper, which is just three years shy of its 200th anniversary.” —

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