Graydon Carter Backed Media Platform 'Zig' Launches
People consume media from thousands of different websites, but one new platform wants to become your single source of content. Zig combines millions of stories from around the internet and feeds it back in one single stream.
Joshua James and Adam Platzner, Co-Founders of Zig, explain how they plan to stand out from major media players such as Facebook and Twitter. As Facebook moves away from news, James says they plan to fill the void.
Graydon Carter, former Vanity Fair Editor-in-Chief, is an initial investor in the company. Patzner says Carter has been an invaluable source for direction and information. He helped the company's leaders realize that "politics is pop culture," and also helped expand the content offerings on the platform.
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The U.S. added 142,000 jobs in August, below expectations. The unemployment rate fell to 4.2%. The cooling job market raises chances for an interest rate cut.