It's a little light and snarky for my taste, but if you see it as a thin slice of "what people are talking about" more so than "what happened," then it makes sense. If you read this every day it basically hands you clever hot takes on current events you can use to sound smart with your friends. Not hard to see the appeal.

Personally, for thin-sliced news that's more about "what happened," I prefer Axios :)