WSJ in bed with short-selling demonizers
Reuters blogger Felix Salmon doesn’t like a recent Wall Street Journal article that looks at for-profit educational institutions and their friends and how they’re attempting to discredit investors shorting their shares. Salmon writes, “Now, the results of the FOIA requests have been made available to the WSJ, which devotes three bylines and 2,000 words to […]
Rules for covering Apple
Marketwatch.com media columnist Jon Friedman gives guidance Friday on how Apple out to be covered by business journalists. Here is an excerpt: Follow the money The best measure, as always, with a public company, is to follow the money — that is, the stock price. The Wall Street traders are usually highly reliable indicators of […]
Judging business news content
Allen Wastler, the managing editor of CNBC.com, writes about what it’s like to be a judge for the Neal Awards, which goes to business-to-business publications. Wastler writes, “Yes, the subjects can be pretty esoteric … antifreeze colors and museum lighting, for example … but you still get some damn fine journalistic work. “So there I […]
When an off-the-record source dies
Ryan Chittum of the Columbia Journalism Review explores the case of The Wall Street Journal and Fortune using off-the-record comments about CEO Steve Jobs’ health by an Apple board member who has died since making those comments. Chittum writes, “This raises several questions. First, why did Fortune sit on this string for ten months if […]
How many delays for Boeing's Dreamliner?
TheStreet.com media critic Marek Fuchs comments Wednesday about the business media’s coverage of the seventh delay of Boeing’s Dreamliner jet, and he likes Bloomberg‘s coverage but not the New York Times story.
Fake Steve Jobs blog ends its run
Daniel Lyons, the technology editor at Newsweek who has written a fake Steve Jobs blog for years, writes Monday that he’s stopping the blog now that the Apple CEO is taking a medical leave of absence. Lyons writes, “In my final Fake Steve post I urged my fellow ‘filthy hacks’ (Fake Steve’s affectionate term for […]
Why would writer give SeekingAlpha their content exclusively?
Reuters blogger Felix Salmon, whose content also appears on SeekingAlpha.com, doesn’t understand why anyone would give the site their content exclusively under its new pay plan. Salmon writes, “This is reminiscent of the evil goings-on at Forbes. I can easily imagine that Forbes magazine, or Forbes.com, or any number of other media outlets, might be […]
Bloomberg View's new digs
Jeff Bercovici of Forbes writes Thursday about the new Bloomberg View opinion operation, pointing out that it will be housed in the same building as Michael Bloomberg’s philanthropy. Bercovici writes, “David Shipley and Jamie Rubin, the co-executive editors of the new service, will technically be employees of Bloomberg LP, but that doesn’t mean they’ll be […]
What Jim Cramer taught me about financial journalism
James Altucher of The Altucher Confidential writes about what CNBC “Mad Money” host Jim Cramer taught him. Here are some examples: 2) Financial Media = Entertainment. Lets not fool ourselves. Jim is first and foremost an entertainer. If you have a TV show where you wear costumes, yell at the screen, throw chairs, and interview […]
Why is FT's Tilt behind a paywall?
Felix Salmon of Reuters critiques the new FT Tilt site, and he wonders why the Financial Times has put it behind a paywall. Salmon writes, “Murphy is asking his overstretched journalists (just one person for all of Latin America, for instance) to tell financial professionals something they don’t already know: that’s a tall order. “The […]