"The Messenger: A Short-Lived News Startup Shuts Down, Letting Go of 300 Staffers"

The Messenger, a media start-up, is shutting down just eight months after its launch, resulting in the layoff of approximately 300 staffers. The decision was made after the board met to discuss the site's fate, and owner Jimmy Finkelstein expressed deep regret over the closure despite efforts to raise capital. The company aimed to deliver balanced journalism but faced significant challenges in the current media landscape, ultimately succumbing to economic headwinds.