Sublime

According to the investigators’ findings, the brothers had been selling securities owned by depositors without authorization. They had also failed to cancel loans and mortgages that had been paid off months earlier, instead diverting the proceeds into their own financially strapped commercial endeavors and falsifying state banking reports to cover

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At 22, Marc Andreessen created the first user-friendly web browser. By 24, he was worth over $100M. Then, Bill Gates and Microsoft crushed Andreessen's company. What happened next triggered the biggest tech war of the century. Here's ... See more

. Years ago, the idea that online life would be dominantly funded by advertising coalesced into conventional wisdom, and we’ve been living with the consequences ever since. The utopian assumption that views and clicks would accrue to the highest-quality content failed to understand a basic lurking reality - that the monetization of attention leads

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Meanwhile, Google and Facebook created huge new ad businesses on the internet, that advertisers prefer, and some newspaper companies think that somehow or other they should get some of that money.

At the heart of the story of how the internet broke the media business model is the simple fact that the internet was not built to facilitate the flow of money. Payments weren’t built into the internet’s infrastructure—it was considered too risky. Marc Andreessen called this “the original sin of the internet.”

the journalistic errors examined in this book—the misreporting, fabrications, and distortions—were never the product of simple error. Nor were they solely the result of rogue reporters who took their journalistic fates into their own hands. Rather, they were the byproduct of a particular kind of system, a truth-producing machine that though built t

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