British computer scientist Tim Berners-Lee, who is credited with inventing the world wide web 25 years ago today, called for an online Magna Carta to protect the rights of users against corporate and governmental assault.
He told The Guardian an open, neutral Internet is needed to promote transparency in government, democracy, improved healthcare, connected communities and cultural diversity.
TBL believes a “global constitution or bill of rights” is needed for the WWW. His Magna Carta plan is part of the global “web we want” initiative to promote the digital rights of citizens with support from the private and public sectors.
In light of the Edward Snowden revelations, TBL sees an urgent need to rein in the surveillance of citizens by security agencies such as the National Security Agency and Britain’s GCHQ.
TBL sees WWW 25th anniversary as an opportunity to highlight security overreach, free speech and privacy issues so people regain control and “define the web we want for the next 25 years.”
Trump Media & Technology Group today reported a $58.2M net loss on $4.1M in 2023 revenues, a disclosure that drove its stock price down 22.6 percent to $47.96.
Barry Pollack, an attorney at Wall Street’s Harris St. Laurent & Wechsler, has registered Julian Assange as a client with the Justice Dept. “out of an abundance of caution.”
Paramount Global to slash 800 jobs in what chief executive Bob Bakish calls part of an effort to “return the company to earnings growth"... Rolling Stone editor-in-chief Noah Shachtman is exiting at the end of the month due to disagreements with chief executive Gus Wenner over the direction the magazine is taking... The New York Times broke the $1 billion barrier in annual revenue from digital subscriptions in 2023... Press Forward is investing more than $500 million to strengthen local newsrooms.
The majority of news articles are read within the first three days of publication, according to a recent report.
The Los Angeles Times gives pink slips to 115 people or 20 percent of its newsroom staff... TIME is also laying off about 30 employees, which is approximately 15 percent of its editorial staff... The Baltimore Banner, which was launched by Stewart Bainum in 2022 after he failed to buy the Baltimore Sun, added 500 subscribers per day in the three days following Sinclair Broadcast Group's deal to purchase the Sun.
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