Blog

Oklahoma’s Public TV Network Settles Dispute With Foundation Supporting It (The Foundation Lost)

“To settle a legal dispute, the nonprofit foundation that supported public television in Oklahoma for more than three decades is dissolving. The [Oklahoma Educational Television Authority] Foundation will transfer ‘all funds and assets held in trust for OETA’ to a new nonprofit organization, Friends of OETA.” – The Oklahoman

The Improbable Story Of The Guy Who Bought A $1K Painting Over The Internet And Sold It As A Leonardo Worth $500M

Today, of course, the contents of Lot 664 are worth far more than that: The picture has since sold once for $127.5 million and again, in a record-setting auction at Christie’s, for close to half a billion dollars. It has been held up as the “male Mona Lisa” and the “Holy Grail of old-master paintings” and derided by this magazine’s art critic, Jerry Saltz, as a “two-dimensional ersatz dashboard Jesus.”  – New York Magazine

Inside The Culture Of Facebook As It Struggles With The Culture Of Everyone Else

This is the story of the tumultuous and chaotic past year “based on interviews with 65 current and former employees. It’s ultimately a story about the biggest shifts ever to take place inside the world’s biggest social network. But it’s also about a company trapped by its own pathologies and, perversely, by the inexorable logic of its own recipe for success.” – Wired