FT's Sifted Investment: A 90% Write-Off
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Wednesdays
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Tech bubble trouble? The Financial Times just wrote off almost 90% of its investment in European start-up news site Sifted, despite subscription growth. We dive into why, exploring the wider downturn hitting European tech media, staff cuts at Sifted and TechCrunch, and the closure of The Next Web conference. Is this a blip or a sign of deeper problems, even as the FT's core business thrives? Hosted on Acast. See acast.com/privacy for more information.
