Public media will resurrect Gothamist, LAist and DCist

 Local news sites Gothamist, LAist and DCist are coming back from the dead. Their assets (including story archives) have been acquired by three public radio companies — WNYC in New York, KPCC in Southern California and WAMU in Washington, D.C. According to the acquisition announcement, the deal comes after a competitive sale process, and it was funded by “generous philanthropic… Read More

Microsoft and Xioami to collaborate on AI, cloud computing and hardware

 After Microsoft signed a deal to test Windows 10 on Xiaomi devices in 2015 and then Xiaomi bought a trove of patents to help run other Microsoft services on its devices in 2016, today the two companies announced another chapter in its collaboration. Xiaomi and Microsoft have signed a Strategic Framework Memorandum of Understanding (MoU) to work more closely in the areas of cloud computing,… Read More

An emotional support dog bit a six-year-old girl on a Southwest Airlines flight — and some people are blaming the child (LUV)

An emotional support dog bit a six-year-old girl on a Southwest Airlines flight — and some people are blaming the child (LUV)An emotional support dog bit a child passenger on a Southwest Airlines flight from Phoenix to Portland, Oregon on Wednesday night. The contact resulted in a "minor injury" that was evaluated by emergency medical personnel before the flight departed. Southwest said it's continuing to review its policies around emotional support and service animals.


Warren Buffett has enough firepower to do a $160 billion deal this year

Warren Buffett has enough firepower to do a $160 billion deal this yearWarren Buffett’s firm Berkshire Hathaway is sitting on a record amount of cash. Berkshire Hathaway has never had this much cash, so naturally people have wide-ranging ideas for how the Warren Buffett-led juggernaut may use it. The bank arrives at that figure by factoring in the record $109 billion of cash Berkshire had on hand at the start of February, and combining it with the company’s strong free cash flow.


Momo buys Tantan, China’s Tinder, for $600M as Chinese social networks consolidate

 WeChat is far and away the biggest messaging platform in China at the moment, and that is helping to drive a push among the smaller players to get together for better scale. Today, Momo, the Chinese location-based social networking app that has more recently made a big push into dating services and is traded on Nasdaq with a market cap of around $6 billion, announced that it has… Read More