MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Maria Ressa is finally throwing in the towel, realizing her crusade to keep her online news source, Rappler, up and running is all but a lost cause.
The Court of Appeals recently denied Rappler’s petition for a reversal of the Securities and Exchange Commision’s (SEC) decision to revoke its media license for violating the Constitutional provision on 100% Filipino owership of media companies.
Today, Ressa told The Adobo Chronicles that she is tired of defending Rappler’s integrity and credibility as a legitimate news company.
“So, I might as well sell Rappler to the highest bidder on eBay. After all, My senior managers and I have already benefited from the donation of the $1.5 Million investment of our once foreign-owned institution, Omidyar. “
Ressa added that the proceeds from the eBay sale of Rappler will be divided equally among all Rappler employees.
“You see, we like to take care of our employees,’ Ressa said.
MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – While almost all news media were reporting that the Court of Appeals has denied Rappler’s petition for a reconsideration of the Securities and Exchange Commission (SEC) ruling revoking its media license, the online news source is focused on a different headline — that of the Court’s admonition that SEC should give Rappler a “corrective period,.”
MAKATI CITY, Philippines (The Adobo Chronicles, Makati Bureau) – What you say in public or to the press might come back to haunt you. This is exactly what’s happening now to Vice President Leni Robredo.
You must be logged in to post a comment.