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Publishers find the AI era not all that lucrative
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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.
Quartz / Kevin J. Delaney and Jay Lauf / Jul 2, 2018
As part of the deal, Quartz will take over responsibility for the English-language version of the business news app NewsPicks on behalf of Uzabase, while continuing all of its current activities. Uzabase will be paying between $75 million and $110 million for Quartz in cash and stock, tied to the site hitting certain financial goals, according to the Wall Street Journal.
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