Why NewsPicks bought Quartz: Original content

Satoshi Ebitani of LinkedIn interviewed Uzabase CEO and NewsPicks chairman Yusuke Umeda about its acquisition of financial news site Quartz. Here is an excerpt: Did you recently acquire Quartz to fill in a missing component, namely media for and from the US? Umeda: Yes. We had already started building a platform and a community, but we lacked the final component: […]

Bloomberg reporter Cao leaves for NewsPicks

Bloomberg News technology reporter Jing Cao has left the news organization. Cao has joined NewsPicks, a digital aggregated news product. Cao covered New York tech companies such as IBM and Etsy and the New York tech scene for Bloomberg. She was particularly interested in the areas of e-commerce, artificial intelligence and virtual reality. She also covered […]

Dow Jones launches NewsPicks with Japanese company

Dow Jones & Co. chief executive officer William Lewis sent out the following announcement on Monday: Dear Colleague, Central to the Dow Jones mission is guiding people to high-quality content created not only by our own newsrooms, but also journalism produced by other respected sources. That is why I am delighted to announce the launch […]

Wall Street Journal names Spring 2023 interns

The Wall Street Journal has named its Spring 2023 interns: This year will be the second time that the WSJ will have part-time spring interns, providing an opportunity for students to immerse themselves in our newsroom while continuing to attend school. The part-time spring internship program was created to help WSJ meet its commitment to recruit […]

CEO of Quartz parent sends message to employees

Uzabase CEO Yusuke Umeda sent the following message to the staff of Quartz on Monday about its changes: Dear Quartz, As you have now heard from Jay and Kevin, today we are introducing a new leadership team for Quartz. Today is the first of a new chapter for Quartz, and I couldn’t be more excited […]

The Quartz Brief app is being shut down

Quartz Brief, the award-winning news mobile app, is being put out to pasture so the digital news publisher can focus more on a newer one launched in the fall, reports Max Willens of Digiday. Willens reports, “Digiday has learned that Quartz plans to shut down the Quartz Brief, the chatbot-style mobile app launched to great acclaim in […]

Quartz is launching subscription membership service, new app

Quartz is launching a subscription tier for its business coverage and a new app that will offer aggregated news and user discussion with the aim of avoiding the negativity that plagues debate on social networks such as Twitter and Facebook, reports Matthew Garrahan of the Financial Times. Garrahan writes, “The new services are the digital […]

Talking Biz News Today — July 16, 2018

Some of Monday’s top business news stories: Associated Press Five years after declaring bankruptcy, Detroit reborn at a cost, by Corey Williams U.S. trade, immigration and biofuel policies hit farmers hard, by David Pitt Bloomberg Apple loses key sales execs as India strategy stumbles, by Saritha Rai How a $139 billion fund is trading the trade war, by Ruth […]

Why Uzabase is buying Quartz

Shusuke Murai of The Japan Times writes about NewsPicks parent Uzabase and its pending acquisition of financial news site Quartz for between $75 million and $110 million. Murai writes, “Tokyo-based Uzabase surprised the journalism world earlier this month when it announced the acquisition of U.S.-based business news website Quartz LLC from Atlantic Media for $75 million […]

Memo from Quartz leaders to staff on its sale

The following memo is from Quartz co-presidents Kevin Delaney and Jay Lauf to its staff: Hello Quartz— We created Quartz for people excited by change, and have focused our journalism on the future of industries and economies. Today we’re unveiling some change for Quartz itself, with a sharper vision of our future and a bet on […]