Newton writes, “For most of you, I realize, it is no longer news that Musk stretches the truth until it disintegrates. At least since he lied about having ‘funding secured’ to take Tesla private, it’s been clear that we should apply a healthy discount rate to everything he says.
“At the same time, it is in the nature of business journalism to assume that CEOs of public companies are not lying all the time. And it’s in Musk’s nature to make frequent, bold pronouncements about his companies, politics, the nature of consciousness, and so on, all of which are irresistible to editors.
“Stories about these pronouncements are dead-simple and cheap to produce — a description of an embedded tweet, followed by 300 or so words of context. And because people read these stories in huge numbers, publishers devote a lot of space to them. (If there’s an Elon Musk tweet that Insider hasn’t written a short post about this year, it’s news to me.)”
Read more here.
Wall Street Journal reporter Ben Eisen has signed a contract with Norton to write a book about…
Reuters has hired Pia Krishnakutty as a news producer. She has been at The Print as a…
The Indianapolis Business Journal is looking for our next news editor, a role that focuses…
Axios has chosen Ben Berkowitz to be its next managing editor of business and markets.…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm thrilled…
Rest of World editor in chief Anup Kaphle sent out the following on Monday: We are excited…