@stevenwaldman.bsky.social
Of the 15 Pulitzers just announced, not one was won by a news outlet owned by a hedge fund, a private equity firm, or a publicly-traded American company. Almost all went to privately held companies -- family owned or controlled -- or nonprofits. (The 1 publicly-traded company, Reuters, is Canadian)
May 6, 2025 at 1:24 PM
Of the 15 Pulitzers just announced, not one was won by a news outlet owned by a hedge fund, a private equity firm, or a publicly-traded American company. Almost all went to privately held companies -- family owned or controlled -- or nonprofits. (The 1 publicly-traded company, Reuters, is Canadian)
For those concerned that the big tech companies might not have enough money to help (save democracy), today Amazon reported $155 B in revenue and $17B in net income--in just Q1. Yesterday, Meta reported Q1 revenue of $42 B & $16 billion profit. Google: Q1 $90B & $35 B profit.
May 1, 2025 at 11:55 PM
For those concerned that the big tech companies might not have enough money to help (save democracy), today Amazon reported $155 B in revenue and $17B in net income--in just Q1. Yesterday, Meta reported Q1 revenue of $42 B & $16 billion profit. Google: Q1 $90B & $35 B profit.