Success in the legal field requires adapting to the digital era with legal tech, continuous training, and data security as essential strategies. [ more ]
Billionaire Patrick Soon-Shiong has invested hundreds of millions of his own money into the unprofitable Los Angeles Times, highlighting the struggles of the news industry in the digital era.
The L.A. Times is estimated to be losing $50 million a year, while The Washington Post was set to lose $100 million last year.
News companies, even those that are still making money, are trying to find ways to adapt to the changing media landscape and innovate. [ more ]