November 1997
In 3MR:
Wired Digital (the umbrella for HotWired and Wired News) is laying off 20 percent of its remaining staff, and will try to become profitable by the fourth quarter of 1998. No word on whether the company will provide arms and training to a group of "digital rebels" in Nicaragua in return for hush funds. The rebels reportedly are demanding overpriced gizmos for the masses, and the right to use shocking pink florescents in their literature.