William Shawn began work at The New Yorker in 1933, was appointed managing editor in 1939 and, quite shortly after the death of founding editor Harold Ross, became the magazine's editor in 1951.
In 1985, 34 years later, Shawn was still the editor, but Peter Fleischmann, the son of founding partner Raoul Fleischmann, owned only 25% of shares in The New Yorker. Paine Webber owned the next largest share, and the Newhouse family's Advance Publications already owned around 17% of the publication. Advance wanted, and got, the rest, for a price something like 20 times current revenues, according to the Times.
The employees, however, were not happy [...]
Second in a pair of essays today on freedom and the Internet. Previously: What are the politics of the Internet?
Last week, gracious youngsters from Google, Inc. were stationed below 14th Street, handing cards to commuters. The cards confirmed that those wireless signal bars appearing on certain subway platforms weren’t phishing expeditions by identity thieves or digital phantoms. Rather, they were the fruit borne of a partnership between Google and a wireless Internet provider named Boingo. Log in to their hotspot and get a summer of free Wi-Fi access all over New York City. In return, Google gets to hoard the information they generate, assembling an accurate picture of [...]