The site’s founder and C.E.O. valued fun and experimentation on the Internet, but never found a way to make “free journalism purpose-built for social media” profitable.
The former President’s indictment in Manhattan means the reprieve from his dominance of American media is officially over. Will it be any better this time?
After a decade of growth, the paper is laying off staff and was reportedly on track to lose money last year. Its publisher and C.E.O. says it’s all part of a bold strategy.
