FROM Michael Pachter
A High-Tech Gamble on the Next Big Thing Instagram is a simple way to create your own art online with your smartphone photographs. It lets smartphone photographers enhance their pictures with 17 different filters and post their creations on the Internet. In 18 months it's attracted 33 million users. But with 13 employees, no advertisements and no sales of personal information, it hasn't made any money. For many users, it's come to be the anti-Facebook. Now Facebook 's Mark Zuckerberg is buying Instagram for $1 billion. Will Instagram ever be the same? Is it further evidence that Facebook is losing its "cool?" Will Zuckerberg still be able to raise $100 billion with Facebook's Initial Public Offering?
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
White House budget proposal slashes and burns President Trump's first budget request is considered dead on arrival in Congress — a familiar development in Capitol Hill. We hear what it reveals about the priorities of the new administration. What's likely to die… and what might survive?
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.