Observer Newspaper Sold to Tortoise Media in Historic Deal
The owner of The Guardian has confirmed the sale of The Observer, the Sunday newspaper founded in 1791, to Tortoise Media. The deal was approved during a meeting of the boards of the Scott Trust and Guardian Media Group, which owns the paper. The announcement, made Friday morning, follows a week of striking action by journalists at both The Observer and The Guardian.
Tortoise Media, a five-year-old outlet known for its focus on long-form journalism rather than breaking news, will now take the helm of the iconic Sunday paper. Led by James Harding, a former BBC and The Times executive, and Matthew Barzun, former US Ambassador to the UK, Tortoise Media is backed by high-profile investors, including tech investor Saul Klein and Nando’s executive Leslie Perlman. The company has pledged £25 million in investment for The Observer‘s future.
Harding expressed excitement about the acquisition, stating that he was “honoured” to work with the paper’s legacy. He emphasized Tortoise’s commitment to preserving The Observer‘s history while giving it a “new lease of life” as a progressive voice in global journalism.
The sale follows significant unrest among staff. Journalists at both The Guardian and The Observer went on strike earlier this week, citing concerns about their futures under new ownership. Laura Davison, general secretary-elect of the National Union of Journalists, highlighted the newspaper’s unique role in public life, stating that its journalists care deeply about the paper’s next chapter.
Katharine Viner, editor-in-chief of Guardian News and Media, reassured staff by saying that the agreement would provide investment in journalism and protect the values of the Scott Trust. She emphasized that the sale ensures the continued production of trusted, liberal journalism at both The Observer and The Guardian.
Since 1993, The Guardian Media Group has owned The Observer, with around 70 employees working on the paper. As part of the sale, staff were offered the option of voluntary redundancy with enhanced terms or a transfer to Tortoise Media on existing contracts. Freelancers were informed their contracts would be extended until September 2025, at which point they will be renegotiated.
Once a leading newspaper, The Observer‘s circulation had been on the decline until 2021, when it stopped publishing audited figures. At the time, it was selling approximately 136,000 copies each week.
Guardian Media Group CEO Anna Bateson expressed confidence in the sale, stating that the investment would preserve The Observer‘s 233-year legacy and ensure its future. She also noted that the deal aligns with the Guardian’s ongoing global growth, particularly in digital media, and reaffirms its commitment to independent, high-quality journalism.
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Ten Dead, 35 Injured After Attack on Bourbon Street in New Orleans
A man intentionally drove his pickup truck into a crowd on Bourbon Street early Sunday morning, killing at least ten people and injuring 35 others, according to New Orleans police. The attacker then opened fire, injuring two police officers. The incident, which took place around 03:15 local time (08:15 GMT), has left the city in shock.
Police Chief Anne Kirkpatrick described the attack as deliberate, saying the assailant drove “very fast” along Bourbon Street, aiming to “run as many people as he could” before crashing through barriers. “The man was hell-bent on creating the carnage and damage that he did,” she stated. Authorities have not released details on the attacker’s condition or identity.
Witnesses described scenes of chaos as the attack unfolded. One witness, who was in the area at the time, told the BBC that they “walked past dead and injured bodies all over the street” in the aftermath. A reporter from CBS saw several injured people lying on the ground at the intersection of Bourbon and Canal streets. A video verified by BBC showed people scrambling as gunshots were heard, with one person lying motionless on the ground.
Whit Davis, a visitor from Shreveport, Louisiana, recalled being in a bar nearby when the attack began. He said that while he didn’t hear the crash or the gunshots due to loud music, panic spread quickly as people “started running and getting under tables like it was an active shooter drill.” Davis was later shocked to witness the aftermath when police allowed him to leave the bar.
In a separate account, Jim and Nicole Mowrer, visiting from Iowa, described seeing a white truck crash through a barricade at high speed, followed by gunfire. They attempted to assist the wounded but realized that the victims had already died. The Mowrers noted that the victims appeared to have been struck by the truck, not shot.
The FBI is leading the investigation, with Special Agent Althea Duncan confirming that an improvised explosive device (IED) was found at the scene. Authorities are working to determine if the device was viable.
Initial reports indicate that most of the victims were local residents. Louisiana Governor Jeff Landry expressed his sorrow, saying he was “praying for all the victims and first responders on scene.” He called the act of violence “horrific” in a social media post.
The investigation into the attack is ongoing, with authorities working to understand the motive behind the incident.
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Chinese Hackers Breach US Treasury Department Systems, Access Unclassified Documents
Chinese state-sponsored hackers infiltrated the US Treasury Department’s systems earlier this month, gaining access to employee workstations and some unclassified documents, US officials confirmed on Monday. The breach, described by the Treasury Department as a “major incident,” has prompted an ongoing investigation by the FBI and other agencies.
In a letter to lawmakers, the Treasury Department explained that the hackers, believed to be based in China, bypassed security systems through a vulnerability in a third-party service provider’s application. The compromised service, BeyondTrust, offers remote technical support to Treasury employees. While the third-party service has been taken offline, the department emphasized that no further unauthorized access has been detected.
The breach was first identified by BeyondTrust on December 8, although suspicious activity had been flagged as early as December 2. It took several days for the company to confirm that it had been hacked. The hackers reportedly used the service to remotely access several Treasury user workstations, obtaining some unclassified documents, but there were no indications of an attempt to steal funds.
The Treasury Department is working closely with the Cybersecurity and Infrastructure Security Agency (CISA) and third-party forensic investigators to assess the full impact of the breach. Initial reports suggest that the intrusion was likely carried out by a “China-based Advanced Persistent Threat (APT) actor,” a group of hackers associated with espionage activities.
“This intrusion is being treated as a major cybersecurity incident, in accordance with Treasury policy,” said Treasury Department officials. They added that investigations are still underway to determine the scope of the compromise, including the specific nature of the files accessed and whether any additional accounts or passwords were created or altered by the attackers.
China has strongly denied the allegations, with foreign ministry spokesperson Mao Ning labeling the claims “baseless.” She reiterated China’s stance against hacking and rejected what she described as “false information” aimed at targeting China for political purposes. The Chinese embassy in Washington DC also dismissed the accusations as part of a “smear attack,” urging the US to stop spreading disinformation about Chinese hacking threats.
The breach follows a series of high-profile cyberattacks attributed to Chinese espionage, including a December hack that potentially compromised sensitive telecom data in the US. The Treasury Department has pledged to continue strengthening its cybersecurity measures and will provide a supplemental report on the incident to lawmakers within 30 days.
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