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Critics of Tronc chairman Michael Ferro have long alleged that he tends to throw out visionary ideas that later fall by the wayside. Today’s Wall Street Journal report about apparent rising tensions between Ferro and fellow major-piece shareholder Patrick Soon-Shiong would seem to bear that out.
From the very end of Lukas I. Alpert’s piece:
At the time of Dr. Soon-Shiong’s original investment, the tie-up was heralded as a major opportunity to put the doctor’s artificial intelligence and machine vision patents to use in newsrooms as part of the company’s digital transformation.