CNET executives subpoenaed in stock options probe
Chris O’Brien of the San Jose Mercury News reports that former executives of online business and technology news company CNET Networks have been subpoenaed by the SEC for a probe into stock options. O’Brien wrote, “The developments became public when the company filed its second-quarter earnings statement with the U.S. Securities and Exchange Commission. However, […]
Why the media love Apple so much
Terrence O’Brien writes on the Switched web site that there is an end reason why the business media have such a crush on Apple, its products, and its leader, Steve Jobs — the backlash when things start to go wrong will give them even more to write about. O’Brien wrote, “Though the tech site CNET gives […]
A biz reporter and his swag
Daniel Terdiman, a senior writer at CNET News.com, wonders about the purpose behind all of the gifts that public relations people send to journalists. Terdiman wrote, “As a technology reporter, I’m no stranger to getting unsolicited packages sent my way. They arrive all the time: A video game here. A box of candy there. And […]
Journalists plan to sue Hewlett-Packard over spying
Damon Darlin of the New York Times writes Monday that three CNET business journalists who were spied on by computer maker Hewlett-Packard to determine leaks from its board plan to sue the company for invasion of privacy. Darlin wrote, “While the dispute revolves around the issue of how the journalists’ careers may have been damaged […]
PC World editor resigns amid disagreements with publisher
Harry McCracken, the editor of PC World magazine, resigned earlier this week after disagreements with the publisher regarding negative articles about major advertisers, according to a CNET story. Tom Krazit wrote, “McCracken, reached Wednesday evening, confirmed that he resigned after 12 years at the magazine and 16 years at publisher International Data Group, over disagreements […]
CNBC reporting News Corp. offers $60/share for Dow Jones
CNBC’s David Faber is reporting that News Corp., which owns Fox News, the New York Post and other media outlets, has made an unsolicited $60-per-share offer for Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch. According to a brief on the CNBC site, “The Bancroft family, which controls Dow […]
Great opportunities in business media
Neil Ashe, the CEO of CNET Networks, spoke on the company’s earnings conference call Thursday about the opportunities in business media. Ashe said, “In the first quarter, we launched BNET. There is a large unmet opportunity in business media. Currently business media is largely focused on business sports, who is winning, who is losing, who […]
New 30 under 30 named
NewsBios announced the 2007 NewsBios 30 Under 30 Award recipients. This select group of journalists showcases up-and-coming business and financial reporters and editors. NewsBios first honored young journalists for their exceptional work in 1987 and has since bestowed the awards in 18 of the past 20 years. (The awards were not issued in either 2005 […]
Francisco leaving Marketwatch
Embattled Marketwatch tech columnist Bambi Francisco announced in a column posted late Friday afternoon that she’s leaving the business news web site amid allegations of a conflict of interest. Francisco had been allowed to invest in a start-up company with the understanding that she not write about it or its customers. But recent media reports […]
Marketwatch reporter violates terms of investment deal?
A Wall Street Journal reporter wrote Friday that Marketwatch columnist Bambi Francisco apparently violated the terms of her agreement with the online business news web site by writing about companies in her column that use the service of the company she has a stake in. Matthew Karnitschnig wrote, “In a note prepared for employees last […]
