Via the NYT: New York Times set for investment
The New York Times is set to receive a $250m (£180m) investment from Mexican billionaire Carlos Slim to help the paper finance its business.
[...]
In return, Mr Slim’s stake in the paper will be increased, making him the second largest shareholder.
Mr Slim is the world’s second richest man, according to Forbes magazine.
Besides simply being interesting, I have no particular comment to make except to note that phrase “Mexican billionaire Carlos Slim” sounds far more like something out of pulp novel than reality.
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January 22nd, 2026 at 11:35 am
I couldn’t agree more, and I tell you one thing about (the fictional) him, too: he’s not a good man. Not at all.