Ethiopia's "newspaper landlords" are entrepreneurs who rent the right to read a US$0.35 newspaper for 20-30 minutes at a go, for less than $0.01 per rental. Most of their customers are reading the want-ads. Newspaper publishers are ambivalent about the practice -- on the one hand, it creates a newspaper-reading habit among the nation's aspiring poor, but on the other hand, rentals displace some sales -- and the "landlords" complain that customers steal their newspapers.
Tesfaye says that 30 to 40 people will read a single paper. At the end of the day, the well-thumbed publications can be sold on.
"After a newspaper passes its deadline we will sell it to shops who can use it as packaging for items that they sell," says Tesfaye, who says he uses the earnings from his business to support his three siblings.
LA Times reports that a 113 year-old Japanese American newspaper is in danger of going out of business. For 113 years, the Rafu Shimpo newspaper has chronicled the story of the Japanese-American community in Southern California. It survived World War II, when writers and editors were shipped off to internment camps. Before leaving, they hid […]
Digital commissioner Günther Oettinger (CDU – EPP) is joining with European Parliament president Martin Schulz (SPD – S&D) in pressing the European Commission to create a copyright interest in links, meaning that making a link to a Web-page that contains infringing material would expose you to liability for copyright infringement yourself.
The McClatchy Company, a chain of more than 30 U.S. newspapers, is expected to close its foreign bureaus by the end of the year. The media giant’s chief executive denies the rumors, but it kind of sounds like the closures are likely anyway.
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Jared Sinclair developed the RSS reader app Unread, which made $10,000 in its first 24 hours on the iOS market. And we’ve all heard the story of Flappy Bird developer Dong Nguyen, whose creation was reportedly earning $50,000 a day at the height of its 2013 explosion. While those are rare examples, they’re also testament to the […]
If you or your company’s IT system are besieged by black hat cyber attacks, an ethical hacker might be all that stands between crippling damage and a company’s long-term prosperity. It’s no wonder that the market for IT security specialists is exploding. Certification is the key – so learn the tenets of ethical hacking and get […]