Twitter being acquired story appears on fake Bloomberg site
A report claiming that Twitter Inc. received an offer to be acquired for $31 billion, attributed to Bloomberg LP, is fake, Twitter and a spokesman for the news and financial data provider said on Tuesday. Yasmeen Abutaleb of Reuters writes, “Twitter shares jumped on the report, which was distributed on the Internet and closely resembled […]
WSJ publishes Gingrich op-ed without disclosing he works for opponent
The Wall Street Journal published an op-ed by Newt Gingrich attacking the Consumer Financial Protection Bureau and promoting the U.S. Consumer Coalition without disclosing that the anti-CFPB group employs him as a paid adviser, reports Eric Hananoki of Media Matters for America. Hananoki writes, “The coalition celebrated the placement of the op-ed on its website and stated that […]
Consuming finance news without being consumed
Wall Street Journal personal finance columnist Jason Zweig writes on his personal blog about how some readers become consumed with financial news, hurting their decision marking. Zweig writes, “It can’t be coincidence that online brokerage sites have prominently featured news feeds since the 1990s. The faster the news streams in and the closer the attention […]
CNBC updates story that was a hoax
CNBC.com updated Friday afternoon a story about a German man getting a divorce sawing his possessions in half with a note that it was a publicity stunt by a law firm. The original story was posted on its site on Thursday, June 18, at 6:52 p.m., with the title, “This man literally gave his ex […]
Hospitals ban newspaper in gift shops after coverage
Some UPMC hospitals are banning the Pittsburgh Post-Gazette from sale in their gift shops, a move UPMC spokesman Paul Wood said was precipitated by “fairness issues” in the newspaper’s coverage of the health system. Steve Twedt of the Post-Gazette writes, “UPMC officials did not respond Tuesday to questions asking which specific stories they found objectionable. […]
Where was Pedro?
Pedro da Costa, a Wall Street Journal reporter who covers the Federal Reserve and economics stories, was noticeably absent from Fed chairwoman Janet Yellen’s press conference on Wednesday after attending them for the past several years. Da Costa posted on Twitter Wednesday afternoon that he wasn’t attending despite asking frequent questions at past news conferences […]
Government agency asked for Bloomberg reporter’s employment contract
Jim Snyder and Danielle Ivory of Bloomberg News examine how federal government agencies have failed to comply with requests to provide details and expenses of travel, going as far as to threaten reporters who have asked for the information. Snyder and Ivory write, “One Bloomberg reporter filed a 2012 request for information on gifts to […]
Percent of women covering biz/economics news rises
The percent of women journalists covering business and economics beats rose in 2014 and now slightly outpaces the entire field of journalism, according to data from the Women’s Media Center. Female reporters comprise 38 percent of journalists covering business and economics stories, up from 36 percent in 2013, according to the Status of Women in […]
Musk article just a basic business strategy story
Brian Thevenot, the deputy business editor of the Los Angeles Times, defended the newspaper’s article about Elon Musk and his companies taking government subsidiaries as good journalism. Musk criticized the article. Ritesh Anan of Benzinga writes, “‘Well, I didn’t hear any criticisms on the facts in the story,’ Thevenot said. ‘I heard a lot of […]
Why Re/code no longer is like other tech news sites
Paul Carr of Pando Daily writes about tech news site Re/code’s sale to Vox Media and what it means for founders Kara Swisher and Walt Mossberg. Carr writes, “We can argue — and I do, obviously — that having investors in common with companies you cover, or even having investors you cover, is a conflict […]
