Arizona business publication suspends operation
Quad Cities Business News, which has been publishing in Arizona for 13 years, has suspended operations. A story on its website states, “Owner and Publisher Troy Bix said the decision was difficult but necessary, citing financial and operational constraints that have intensified in recent years. “‘This publication has always been about lifting up our community […]
Blockworks is shutting its news operation
Crypto media company Blockworks announced the closure of its news division as it shifts focus toward its fast-growing data and analytics business. Pooja Rajkumari of TheStreet.com reports, “The announcement was made by co-founder Jason Yanowitz on X (formerly Twitter) on Oct. 29, where he praised the editorial team for helping ‘shape the industry conversation every […]
Fashion Dive is closing
Informa TechTarget — the company that owns the Industry Dive family of publications — has decided to cease operations of Fashion Dive as of Aug. 29. Senior editor Lara Ewen writes, “From the beginning, we have been committed to providing you with indispensable fashion industry coverage. From the red carpet at the Met Gala to the red […]
Digital Frontier is closing
Digital Frontier, a tech-focused publication, that launched in early 2024, is closing. It was based in London and launched with a team of 20. It covered stories on the future of business, finance and culture and had a website, daily newsletter, a print magazine and two weekly podcasts. Andrew Rummer was the editor in chief, […]
Laptop magazine is closing
Laptop Mag is shutting down after nearly 35 years of providing consumers with information about laptops and other technology, reports Emma Roth of The Verge. Roth reports, “In a staff meeting seen by The Verge, Faisal Alani, the global brand director at Laptop Mag owner Future PLC, said, ‘After careful consideration and a review of our […]
TechCrunch shuts European operations
TechCrunch has shut its European operations, with many long-serving staff made redundant, reports Martin Coulter and Tom Matsuda of Sifted. Coulter and Matsuda report, “The retreat comes after Yahoo, TechCrunch’s former parent company, sold the business to private equity firm Regent in March. While TechCrunch has yet to confirm how many people have been laid off, several European editorial […]
Crain is shutting Green Market Report
Crain Communication is shutting Green Market Report, a publication that covered the cannabis industry, immediately. The staff has been laid off with the exception of John Schroyer, a reporter who will write for its city publications. Crain Communications acquired the publication in 2021 for an undisclosed amount. Green Market Report was launched in 2017 by co-founders Debra Borchardt, […]
How a Gulf financial news startup collapsed
Kelsey Warner of Semafor writes about Moniify, a financial news site backed by an Egyptian billionaire, has flopped. Warner writes, “Staffed up with alums from places like Al Jazeera, Bloomberg, VICE News, The Wall Street Journal, and the South China Morning Post, Moniify tried to differentiate itself in a quickly expanding landscape of fin-fluencers and financial […]
Houston Landing is closing after two years
The Houston Landing board has voted to shut down the nonprofit newsroom in the face of financial challenges. A story on its website states, “Although Houston Landing launched with significant seed funding, it has been unable to build additional revenue streams to support ongoing operations. “The newsroom anticipates it will cease publishing by mid-May of […]
Quartz has laid off most of its editorial staff
Business publication Quartz, which has been sold off, has axed almost all of its editorial team, making it the latest media brand to see low-quality AI use precede mass layoffs, reports Maggie Harrison Dupre of Futurism. Dupre writes, “The Gizmodo Media Group Union, which represents workers at G/O brands including Quartz, cited the Quartz slop in a powerful […]
