Here's What My Commute Looked Like the Day Business Insider Was Bought for $343,000,000

Tom Scocca · 09/29/15 12:48PM

It’s nice to have a job in an economy where not everyone does, and in a field—journalism—where the economic prospects are uncertain. Many publishers are looking with concern at a world where Facebook and Apple are using their power to steer readers to proprietary platforms, as innovations in ad blocking threaten the whole existing business model, which was already sort of provisional. Then again, Re/Code reported this morning that Axel Springer, the publisher of Bild and Die Welt, is going to buy the website Business Insider in a deal that “values Business Insider at $442 million.”