Thursday, April 23, 2009

New York Times Equity Now Worth Zero?

Quantum changes--such as when a liquid turns to gas or solid--are highly disruptive. That's what we've seen this year as decades of gradually-worsening business models have toppled major U.S. newspapers. Now one financial analyst says debt at the New York Times is so high it essentially values the company's equity at zero.

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SpaceX Acquisition of Cursor is About the Stack

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