CHICAGO - A hedge fund's purchase of the Chicago Tribune is in the works - but until it becomes official, members of the Chicago Tribune Guild are hoping local, civic-minded owners will step in.
Even before announcing the agreement, Alden Global Capital had become the largest shareholder of Tribune Publishing, and already had begun to reduce staff, offering buyouts to reporters who worked at the newspaper for at least eight years.
Charlie Johnson, vice president of the Tribune Guild, said he thinks the hedge fund would prioritize profit over quality of journalism.
"I think people are concerned that with Alden fully in command, that headcount of the newsroom will continue to decline, either through cuts or attrition," he said, "and Chicago won't have one of its truly great news organizations for all that much longer."
Tribune Publishing isn't the first newspaper company Alden Global has sought to take over. Last year, the Denver City Council called out the hedge fund for gutting numerous newspapers, including the Denver Post, citing its "devastating impact on local journalism across the nation."
Johnson said the deal hasn't yet passed anti-trust muster. He added that he hopes the newspaper can follow a similar path as the Baltimore Sun, which also is owned by Tribune Publishing and being acquired - not by Alden Global, but by a nonprofit started by local Maryland philanthropist and businessman Stewart Bainum, Jr.
"They're local Baltimore backers, people with wealth who think that the Sun is really an important part of civic life there," he said, "and they're gonna buy it and set it up so that it can operate there in the future and serve the citizens of Baltimore."
He said Chicago is stronger with local journalists telling the stories of its residents, watchdogging its politicians and justice system, and checking on where its tax dollars are going. He said he wants any potential owner to share that commitment.
get more stories like this via email
Missouri lawmakers are concerned with protecting people from the potential risks of the increasing accessibility of AI-generated images and videos.
The Innovation and Technology Committee is planning to vote on the Taylor Swift Act, a bill aiming to make it illegal to publish or threaten to publish AI-generated sexually explicit images of people.
Rep. Adam Schwadron, R-St. Charles, authored the bill and said it is important to be proactive in protecting ordinary citizens.
"They were able to take it down for her," Schwadron acknowledged. "However, common Missourians would not have the same protections afforded to her. Not everyone is Taylor Swift."
The bill would allow victims of the fake image attacks to sue the creator in civil court and recover the offending images. Rep. Bridgette Walsh, D-St. Louis, also supports the bill and said it is necessary in this day and age, given how easy videos and images are to access and create.
Schwadron noted while they will need to learn how to track items originating from the dark web, he is optimistic the legislation will cover most common offenses.
"The cases that we are seeing across the country of classmates that are being attacked by other classmates of theirs that is creating these images and it's affecting young girls and even boys and those are a lot easier to track when they're being shared from phone to phone," Schwadron explained.
Schwadron added the name "Taylor Swift Act" was fitting due to her ties with the state of Missouri and her recent ordeal with explicit deepfakes.
get more stories like this via email
Experts are saying social media algorithms are radicalizing users and increasing extremism in Arizona and around the country ahead of the 2024 presidential election.
Michael Chertoff, a member of the National Council on Election Integrity, said better protecting data privacy could make the algorithms less destructive, without infringing on free speech.
"I do think we could regulate access to data, uses of data and the application of algorithms to that data without offending the First Amendment," Chertoff contended.
Chertoff pointed out data is one of the most critical ingredients in building algorithms using artificial intelligence. He argued data collection by Big Tech companies should be better regulated, as it is used to send specifically targeted and polarizing messages to consumers. A large majority of Americans said they have little to no trust in companies to use AI responsibly, according to the Pew Research Center.
Farah Pandith, senior adviser for the Anti-Defamation League, noted extremism and radicalization are not decreasing. She suggested the first step to improve the situation is by having government and nongovernment stakeholders acknowledge the severity of the situation and to start having more conversations, which she contended is not happening at the scale it needs to be.
"You're not seeing the commitment as a priority area," Pandith stressed. "That shows up in the funding that is required for NGOs that are doing the first responses to all of this that come up with the creative ways. It doesn't show up in the way in which we can scale solutions that we know."
Pandith added solutions are available and called on social media platforms to assume more responsibility for the inciteful content they display.
get more stories like this via email
A contentious congressional hearing on Wednesday saw a unanimous push for regulations on social media specifically related to children.
U.S. Sen. Josh Hawley - R-MO - pushed Meta CEO Mark Zuckerberg to apologize to families of child victims over social media that caused exploitation, harm and death.
The CEOs of Meta, X - formerly Twitter, TikTok, Discord and Snap testified at the hearing. Zuckerberg and Snap's CEO Evan Spiegel gave apologies for the first time, after Hawley put them on the spot.
"Would you like to do so now? Well, they're here, you're on national television," said Hawley. "Would you like now to apologize to the victims who have been harmed by your products? Show them the pictures. Would you like to apologize for what you've done to these good people?"
Zuckerberg turned and stood and faced the audience and said "I'm sorry for everything you have all been through. No one should go through the things that your families have suffered and this is why we invest so much, and we are going to continue doing industrywide efforts to make sure no one has to go through the things your families have had to suffer."
Some victims' families have said although they were a surprise, they didn't think the apologies sounded sincere.
Members of Congress said they hoped to find common ground in an effort to create laws that would make the internet a safer place. Senators including Sen. Jon Ossoff - D-GA - repeatedly asked the social media tycoons to consider the victims and recognize the risks of being online.
"We want to work in a productive, open, honest and collaborative way to pass legislation that will protect American children above all," said Ossoff. "If we don't start with an open, honest, candid, realistic assessment of the issues, we can't do that if you're not willing to acknowledge the internet is a dangerous place for children."
Earlier this week, explicit deep-fake Artificial Intelligence images of pop icon Taylor Swift were also released on X.
White House press secretary Karine Jean-Pierre announced that legislation would be the obvious way to remedy this type of offense.
get more stories like this via email