Taiwan People News is on Dec. 31 to cease daily operations after six years due to financial difficulties, founder Chen Yung-hsing (陳永興) said on Thursday on the news Web site, thanking readers for their support.
Taiwan People News does not have the financial backing of big conglomerates, enterprises or political parties, and has been supported by about 300 small shareholders from the medical, cultural, and small and medium-sized enterprise sectors, said Chen, who is also a political activist.
Shareholders decided to stop daily operations because of the costs of running a daily news Web site.
Over the past six years, Taiwan People News has spent NT$72 million (US$2.33 million), Chen said, adding that the decision was made with great reluctance, but it is time to say goodbye.
Chen said that he was appointed to settle the news outlet’s accounts, and any remaining funds would be donated to the Taiwan People Cultural Arts Foundation, which is expected to continue running the news Web site and publish occasional articles written by editorial writers from Taiwan People News.
Research conducted in October by Taiwan Media Watch, a non-governmental organization committed to maintaining press freedom and promoting media self-regulation, found that the Taiwan People News Facebook page was one of the most trustworthy and diverse among the 36 organizations publishing daily news in Taiwan.
Organized by Chen, Nobel Prize laureate Lee Yuan-tseh (李遠哲) and film director Wu Nien-jen (吳念真), Taiwan People News publishes news without charge and seeks to reflect public opinion in Taiwan, according to its Web site.
The Central Weather Administration (CWA) today issued a "tsunami watch" alert after a magnitude 8.7 earthquake struck off the Kamchatka Peninsula in northeastern Russia earlier in the morning. The quake struck off the east coast of the Kamchatka Peninsula at 7:25am (Taiwan time) at a depth of about 19km, the CWA said, citing figures from the Pacific Tsunami Warning Center. The CWA's Seismological Center said preliminary assessments indicate that a tsunami could reach Taiwan's coastal areas by 1:18pm today. The CWA urged residents along the coast to stay alert and take necessary precautions as waves as high as 1m could hit the southeastern
The National Museum of Taiwan Literature is next month to hold an exhibition in Osaka, Japan, showcasing the rich and unique history of Taiwanese folklore and literature. The exhibition, which is to run from Aug. 10 to Aug. 20 at the city’s Central Public Hall, is part of the “We Taiwan” at Expo 2025 series, highlighting Taiwan’s cultural ties with the international community, National Museum of Taiwan Literature director Chen Ying-fang (陳瑩芳) said. Folklore and literature, among Taiwan’s richest cultural heritages, naturally deserve a central place in the global dialogue, Chen said. Taiwan’s folklore would be immediately apparent at the entrance of the
“China is preparing to invade Taiwan,” Deputy Minister of Foreign Affairs Francois Wu (吳志中) said in an exclusive interview with British media channel Sky News for a special report titled, “Is Taiwan ready for a Chinese invasion?” the Ministry of Foreign Affairs said today in a statement. The 25-minute-long special report by Helen Ann-Smith released yesterday saw Sky News travel to Penghu, Taoyuan and Taipei to discuss the possibility of a Chinese invasion and how Taiwan is preparing for an attack. The film observed emergency response drills, interviewed baseball fans at the Taipei Dome on their views of US President
Speeding and badly maintained roads were the main causes of a school bus accident on a rainy day in Taipei last year that severely injured two people and left 22 with minor injuries, the Taiwan Transportation and Safety Board said. On March 11 last year, a Kang Chiao International School bus overturned inside the Wenshan Tunnel (文山隧道) on the northbound lane of the Xinyi Expressway. The tour bus, owned by Long Lai Co, exceeded the speed limit after entering the tunnel, the board’s investigation found. Sensing that the rear of the vehicle was swaying, the driver attempted to use the service and exhaust
RSS