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Publishers find the AI era not all that lucrative
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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.
Rest of World / Andrew Deck / Dec 14, 2023
“SmartNews was one of the few Japanese startups to crack the U.S. market — and the second ever to clear a billion-dollar valuation and reach unicorn status. But employees told Rest of World the U.S. expansion’s initial success was tempered by a chaotic product development process and [former CEO Ken] Suzuki’s own obsession with the fractures of American political life, distracting from more central business challenges.”
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