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Colorado Sun Adds 24 Smaller Newspapers to Holdings

The 2018 startup was launched by 10 former Denver Post journalists.

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Courtesy: The Colorado Sun

The National Trust for Local News is aiding The Colorado Sun as they’re purchasing 24 local newspapers in the state. The online news outlet announced the reason for this deal is to stop the papers from being obtained by hedge funds.

“All too often these days, hedge funds are the first ones in line to buy newspapers, and no one wanted to see that happen,” Larry Ryckman, Editor of The Colorado Sun, wrote.

“News is too important to be left to absentee owners who care only about double-digit profits, not the journalists and the communities they serve.”

The newspapers, which publish weekly, will now be owned by The Colorado News Conservancy, a new company founded by the Sun and the Trust. Also, this deal means that these news publications and websites will proceed to be managed by local staff.

In 2018, ten journalists who worked for The Denver Post left to start The Sun after hedge fund Digital First Media purchased the newspaper and began laying off staff.

News Print & Digital

Lulu Garcia-Navarro to Host Opinion Podcast for NY Times

“When a lot of us hear the word “opinion” we think of hot takes — points of view in reaction to the news. But what about the experiences that shape our opinions?” The Times said in a press release. 

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New York Times

The New York Times will have a new opinion podcast coming out soon called “First Person.” The company announced that Peabody Award-winning journalist Lulu Garcia-Navarro will host this new show beginning June 9th. 

“When a lot of us hear the word “opinion” we think of hot takes — points of view in reaction to the news. But what about the experiences that shape our opinions?” The Times said in a press release

“That’s the question we’re exploring in “First Person,” a new podcast from New York Times Opinion with Lulu Garcia-Navarro. In each episode, Lulu sits down with people living through the headlines for intimate and surprising conversations that help us make sense of our complicated world.”

Garcia-Navarro will bring plenty of experience to her new podcast as a two-time Peabody Award-winning journalist with years of interviewing world leaders, authors, artists, and people living on the front lines of a changing world.

“This show is a new way of understanding where people’s opinions come from. It’s urgent and intimate and takes someone who is living through something incredible and asks them how they came to believe what they believe,” Garcia-Navarro said per Radio Ink

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News Print & Digital

Twitter Will Not Renegotiate Original Offer with Elon Musk

Twitter doesn’t plan on backing down from the agreement even as Musk attempts to cast doubt about the number of fake accounts on the platform. 

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Twitter is playing hardball with Elon Musk, who initially agreed to buy the social media platform for $44-billion. During a town hall meeting, executives of the company told staffers they would not renegotiate the price of his takeover agreement, per The Daily Beast

Furthermore, Twitter doesn’t plan on backing down from the agreement even as Musk attempts to cast doubt about the number of fake accounts on the platform. 

Nonetheless, earlier this week, the company stated that they had plans to “close the transaction and enforce the merger agreement” between the Telsa CEO and the social media giant. 

The terms of the buyout contract will make it hard for him to evade the deal with Twitter. It contains a $1 billion breakup fee, and the company could sue to compel Musk to follow through on the transaction.

Last week, the entrepreneur tweeted that he was placing the deal on hold until Twitter could verify that spam and fake accounts do not comprise more than 5 percent of its users. 

Musk stated that he was dedicated to purchasing the company and indicated that he was open to a deal at a lower price.

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News Print & Digital

Donald Trump Accuses Google of Trying to Ruin TRUTH Social

Truth Social was developed by Trump Media and Technology Group (TMTG) and is headed by former congressman Devin Nunes.

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Former President Donald Trump is not happy with Google. According to Rolling Stone, Trump believes that the tech giant is trying to ruin his new social media platform, TRUTH Social. The platform is currently not available to Android users which have drawn the ire of Trump.

“One person whom the outlet did not identify claimed to have discussed TRUTH Social’s unavailability for Android users with Trump,” the magazine wrote. “The person said he has also asked questions such as, “What’s up with Google?” and, “[is Google trying to] screw with me?”

Truth Social was developed by Trump Media and Technology Group (TMTG) and is headed by former congressman Devin Nunes.

Trump reportedly believes that Google and YouTube are out to get him. “This has left Trump with questions about the status of the product and whether his perceived enemies at Google had any plans to reject it,” the report said.

“Is Google trying to f**k me?” Trump asked.

Big Tech banned Trump from Twitter, Facebook, Instagram, and Snapchat following the Jan. 6 riots. 

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