In 2009, The New York Times had $1.1 billion in debt and $46 million in cash.
To stay alive it borrowed $250 million from Mexican billionaire Carlos Slim at 14% interest.
Then it made a bet most of the industry expected to fail.
The story of how the Times saved itself:
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- Replying to @Quartr_App10/ The bet worked. In 2025 the Times generated $2.8 billion in revenue, with subscriptions about 70% of it, at a 15.7% operating margin. The company ended the year with 12.8 million digital subscribers and is targeting 15 million by 2027.11/ A paper that nearly went broke is now one of the strongest businesses in media, and survived by returning to the idea it was founded on in 1851: journalism worth paying for. If you want the full story, read our deep dive on $NYT:
- In December 1979, the man who controlled Cartier was hit by a car in Paris and died. He had acquired the company a few years earlier with a small group of investors, and after his death one investor slowly took it over. That investor was a South African named Anton Rupert, and
- Quartr repostedQuartr is now available as a native MCP connector in Perplexity Computer. Through the 43 tools in the MCP, Quartr customers can bring first-party IR data, real-time and historical earnings call transcripts, and filings for 15,000+ public companies into their AI workflows in
- First-party data from 15,000+ public companies, structured for AI. Quartr is now available in Perplexity Computer via MCP.
GIF - Financial AI is as trustworthy as the source layer beneath it. Kepler, built by ex-Palantir engineers, runs on the Quartr API. Every number traces to a filing, every quote to the transcript, every slide reference to the exact phrase. Full case study:










