The Messenger Is Closing Its Doors Amidst Major Financing Woes

Online news outlet The Messenger will cease operations after less than a year, Axios reported Wednesday. Messenger started with $50 million in May, but hemorrhaged tens of millions of dollars and had revenue of only about $3 million in 2023, Axios said. reportsaid, citing financial records. The company originally expected revenue of $100 million in […]