Category Archives: Business

Bits & Bytes: The Cost of Free News

What’s the best way to make money? Give things away for free. This seemingly counterintuitive business model, utilized by tech giants such as Google and Facebook, is a more benign version of the old bait-and-switch. Free social interaction, instantaneous answers to the most burning questions, cat videos on command—all they ask for in return are bits and bytes of information. Why then, is information more costly to acquire than it is to give away? Continue reading Bits & Bytes: The Cost of Free News