Online Advertising

Medium Slashes Staff, Aims to Fix ‘Broken’ Model

Medium, the once-promising platform led by Twitter cofounder Ev Williams, is losing about a third of its workforce and will undergo a radical overhaul to fix what the CEO called a “broken” business model — advertising-supported online publishing. Williams touted the company’s successes in a post announcing the layoffs, but said that change was needed to address several major business shortfalls.

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Emerging Tech

Nvidia Lays Out Bold Strategy at CES

Nvidia offered a bold new strategy at this week’s International CES in Las Vegas. The company, which has been a leader in hardware graphics technology for decades, recently has expanded into the realms of artificial intelligence, deep learning and automotive tech. Graphical support and video delivery will however remain a key component of the company’s strategy, according to Nvidia CEO Jen-Hsun Huang.

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