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The digital news company Mic has laid off most of its staff, a spokesperson for the company confirmed.The layoffs were first reported Thursday by Recode. It is not yet clear exactly how many employees were affected. Mic declined to comment beyond confirming the Recode report.The company was founded in 2011, and for the past several years has branded itself as a news website geared toward millennials.Mic Publisher Cory Haik also resigned Thursday. In a note to staff that was obtained by CNN Business, Haik called journalism a "tough business.""Our business models are unsettled, and the macro forces at play are all going through their own states of unrest," she wrote. "If anyone tells you they have it figured out, a special plan to save us all, or that it's all due to a singular fault, know that is categorically false. Like the truth, it is indeed complicated."Mic was once a digital media darling, attracting around million in funding from investors. Its biggest backers included Lightspeed Venture Partners, Clark Jermoluk Founders Fund, WPP and WarnerMedia. (WarnerMedia owns CNN.)The company's staff swelled to more than 100 people by early 2016, according to The New York Times, which asked in an article published at the time: "What happens when millennials run the workplace?"But the climate is a tough one for digital media publishers right now. Ad revenue alone hasn't been enough to support these businesses, and Google and Facebook have substantial control over the ad market.Refinery29, HuffPost and Vocativ have all cut staff in the past year. So have CNN Digital, Vice and BuzzFeed.Mic laid off 25 employees in August 2017 as part of a pivot to video. Co-founder and CEO Chris Altchek told staff at the time that the shift was needed because "visual journalism already makes up 75% of the time that our audience spends" with the site.There were signs this year that the environment wasn't improving for Mic. Digiday reported in April that traffic to Mic's website had been plunging.The article also noted that Mic was very reliant on Facebook, citing statistics that showed views on the social media site fell to 11 million views in March compared to 192 million about a year earlier.Still, company executives pushed back on some reports that characterized the situation at Mic as particularly dire. When the Columbia Journalism Review reported in September that the company's board discussed a possible shutdown, Altchek called the report "categorically false."Emily Singer, a senior political reporter at Mic, tweeted Thursday that she was leaving the company."I'm so proud of what we've accomplished here," Singer wrote.Kerry Lauerman, Mic's executive news director, tweeted about the "gutting experience" Thursday."But only love for the extremely resilient and open-hearted team of Mic editors, producers, writers and shooters I had the great honor of working with," he added. "They performed brilliantly often under a cloud of uncertainty."Reached by phone, Lauerman declined to comment further, saying only that the team was packing up all of their things.Several other employees also tweeted news of their departures."I have so much to say, but most importantly the time I spent at @mic was the best of my career," wrote Managing Editor Colleen Curry. "I learned so, so much from brilliant people dedicated to keeping journalism alive."Mic is also in talks to sell at least part of the company to Bustle Digital Group, Recode reported Wednesday. A source with knowledge of the potential deal confirmed that report to CNN Business. 3572

The European leg of Lady Gaga's "Joanne World Tour" has been postponed as the singer grapples with health issues, Live Nation announced Monday.In a statement posted on the promoter's site, Live Nation revealed that the portion of the tour that was set to begin September 21 in Barcelona, Spain, and conclude on October 28 in Koln, Germany, has been postponed until 2018."Lady Gaga is suffering from severe physical pain that has impacted her ability to perform," the statement read. "She remains under the care of expert medical professionals who recommended the postponement earlier today." 599

The country’s cybersecurity agency says the hacking campaign discovered earlier this month was “impacting” local governments, in addition to federal and state entities and businesses.In a statement this week, CISA said they are still tracking the “significant cyber incident impacting enterprise networks across federal, state, and local governments, as well as critical infrastructure entities and other private sector organizations.”However, the agency did not give specific examples or further details like how many state and local governments were impacted. The hackers were able to get access to government and business networks through the IT management company SolarWinds’s Orion software supply chain, which are used by government and private businesses. The hack was discovered this month, however officials believe it has been going on for several months.CISA says just because we are aware of the hack doesn’t mean the threat is gone. They warn the hackers have “the resources, patience, and expertise to gain access to and privileges over highly sensitive information if left unchecked. CISA urges organizations to prioritize measures to identify and address this threat.”Last week, the Cybersecurity and Infrastructure Security Agency said the hack posed a “grave threat” to security U.S. government agencies, critical infrastructure entities and private groups.CISA also said at the time the SolarWinds Orion vulnerability was not the only way that hackers were able to get into government agencies, private companies and critical infrastructures over the last several months."CISA has determined that this threat poses a grave risk to the Federal Government and state, local, tribal, and territorial governments as well as critical infrastructure entities and other private sector organizations," the alert issued by the agency said. "CISA expects that removing this threat actor from compromised environments will be highly complex and challenging for organizations."So far, several federal agencies, including the Treasury and Department of Energy, have indicated they were impacted, and Microsoft is reporting in a blog post more than 40 customers around the world appear to have been targeted in the hack.Multiple U.S. officials have implicated Russia in the hack. However, President Donald Trump has not said much about it, other than a tweet that eluded it may have been China who was responsible. 2426

The coronavirus pandemic put the country on pause, but now that some cities and states are opening back up, what will that mean for the future of events?Kamron Khan has a lot of thoughts about that question. The professional photographer owns Kamron Khan Photography based in Cleveland and usually photographs large events, with hundreds of people that are booked a year or more in advance.That was until the novel coronavirus pandemic hit, and suddenly she found that one event after the next was rescheduled indefinitely or canceled all together.“It’s been really tough from thinking I was going to have one of my best years ever to no income,” said Khan.Everything from the 2020 Olympics to the remainder of the NBA season, the lights of Broadway to the lights of Hollywood – big events, and events that are only big to those involved have been postponed or canceled around the world.Khan, despite the drop in income, said she understands the caution.“I'm very concerned because I get a lot of these events that people are having, are big life moments - weddings to baby showers - you have all of these different types of things and you want to celebrate and I get that, but sometimes people just need to take a step back and realize ‘Hey you know what, why don't we celebrate next year? Why don’t we just keep it small, wait for things to die down?’ And I in no way think anyone's overreacting, but I would rather overreact and cancel things now than to have things go downhill and then it be much worse,” said Khan.She said right now she has a hard time imagining when events with hundreds of people will be commonplace again.“Right now, I can't until [infections] really change and really start going down in a downward trend. I can't even think about having these large gatherings and I think a lot of people don't want to anyway. Even if we were allowed to,” said Khan.The Centers for Disease Control and Prevention issued guidance about big gatherings now and in the future. The CDC suggests that event organizers do things like provide supplies to prevent the spread of COVID-19, including hand sanitizer and disposable facemasks. The CDC also urged event organizers to discourage people who are vulnerable to the disease -- like older adults – from coming to events at all.The guidance also states that, “Organizers should continually assess, based on current conditions, whether to postpone, cancel, or significantly reduce the number of attendees (if possible) for mass gatherings.”Nick Borelli, a marketing and live event expert, said that at least in the next year or so, people should expect to see smaller, more local events. He said those first events will also likely have cultural significance – like a city’s celebration or a big concert – rather than a conference or trade show.Borelli also said that in order for people to gain confidence going to events again, any initial events would need to be successful - with no new infection clusters.“If [cultural events] happen, it will just happen with an increased amount of trust, knowing that people want things to be the way that they were. So there is the push for what the bias is a confirmation bias. They want things to be that way, they're just looking for it,” said Borelli.He also said that as far as virtual events go, it’s easy to see which events will likely stay virtual in the future by looking at how different industries are planning right now.“Weddings are being postponed with the hopes to come back as they were,” said Borelli. “Corporate is making a move to adjust things to the cliché of new normal, which at the very least, be a world of hybrid [partially online and partially in person] for quite some time and probably sticking to a percentage of that.”Those virtual events offer their own unique challenges and triumphs. There isn’t that real, in-person interaction, but there is the potential to reach more people who may not have been able to take time off or afford to go to a conference.Borelli also said right now offers a great opportunity to gather data about the events that are happening online right now – to better see what things work better virtually.“I think that depending on the data that we collect in this time, and then also in the time that comes next, we can potentially prove our value in a black and white way that we never able to before,” said Borelli.For those in the event industry right now Borelli acknowledged that there is pain and not everyone will survive. And for those who do survive, it will look and be different for a long time.Khan said her new normal will – among other things – mean wearing a mask for the foreseeable future.“For myself, I'll definitely be wearing a mask whether I'm photographing people inside or outside, I just want to,” said Khan. “Not just protect myself, but I want to show others how people look at me and realize I'm doing everything that I need to be doing.” 4928

The Department of Labor reported Thursday that 1.5 million Americans filed initial claims for unemployment during the week ending June 13, bringing a 13-week total to about 45 million claims.Thursday's figures were down about 58,000 from last week's unemployment filings.Weekly claims for unemployment have been falling for nearly three straight months after peaking at about 6 million a week in late March. But weekly unemployment claims remain historically high.Prior to the pandemic, the record high for weekly unemployment claims came in 2006, when 665,000 people filed for unemployment. The Department of Labor has been tracking the statistics since 1967.Economists often use weekly unemployment claims as a reliable tool when predicting unemployment. However, some surveys indicate that initial weekly claims may be underestimating the amount of those unemployed.At least one survey from the Economic Policy Institute found that millions of Americans gave up trying to seek benefits or didn't even attempt to due to states' overwhelmed and antiquated unemployment systems.Until recently, the stock market has been on a steady rise since March despite the staggering unemployment numbers. However, fears of the virus's resurgence caused the market to fall 600 points last week before recovering slightly this week. 1327

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