Jason Del Rey

Recent Posts by Jason Del Rey

Fab To Create Japanese Joint Venture as It Lands Another $5 Million

Fab has added another $5 million investment to its now-$165-million Series D investment round, with Itochu Corporation joining the fold. Fab CEO Jason Goldberg said in a blog post that the two companies “will endeavor to develop a joint venture agreement that will mutually invest in bringing Fab to Japan in 2014.” The e-commerce startup continues to view Asia as a big opportunity, even as it slashes staff elsewhere in the world.

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald