Public TV station to return grant that funded pension coverage
WNET, the New York City public television broadcaster, said Friday that it will return a $3.5 million grant it received to sponsor an ambitious project on public pensions amid charges that it solicited inappropriate underwriting for the series, reports Elizabeth Jenson of the New York Times. Jensen writes, “In the absence of the funding from […]
Seeking Alpha removes stories with fake bylines
Two articles touting Galena Biopharma were removed from the Seeking Alpha website Monday because they were written by the same person using different aliases, reports Adam Feuerstein of TheStreet.com Feuerstein writes, “This is the second time Seeking Alpha has been forced to take action against individuals using multiple aliases to tout Galena, a small drug […]
Bloomberg’s Africa plan raises questions
Anton Harber, a journalism professor at Wits University in South Africa, raises questions about Michael Bloomberg’s plan to spend $10 million to improve business journalism in Africa. Harber, writing in Business Day, states, “I went to hear Bloomberg make the announcement this week in the hope of understanding why he or his people in Bloomberg […]
Ignore biz journalists when it comes to investing advice
Suzanne McGee of The Guardian writes about the dangers of taking financial advice from business journalists. McGee writes, “Financial reporters have access to smart people who do a great job explaining complicated topics. A lot of other people, less intelligent or more unscrupulous, want to use us to get access to you, our readers. Our […]
Bloomberg founder focuses on news in return
Nathaniel Popper of the New York Times writes about Michael Bloomberg’s interest in the news operation at the company he founded and returned to this month after being mayor for 12 years. Popper writes, “Just two week’s removed from City Hall, and in his first days back at the media giant that he owns and […]
Biz media chase new GM CEO
Mary Barra, the first woman to lead a major global automaker, has a press corps following like no other executive, reports Tom Krisher of the Associated Press. Krisher writes, “Barra, who officially becomes General Motors’ CEO on Wednesday, was pursued by about 100 reporters and photographers after GM swept car and truck of the year […]
NY Times hires Forsythe, former Bloomberg reporter
Michael Forsythe, the Bloomberg News reporter in China who left the news organization after allegedly leaking that it had held sensitive stories that might upset Chinese officials, has been hired by The New York Times. The hiring was confirmed by Margaret Sullivan, the public editor of the Times, in her column for Sunday’s paper that was posted […]
Why the Dow Jones lawsuit won’t work
Matthew Ingram of GigaOm writes that the Dow Jones & Co. lawsuit filed Thursday against Ransquawk for allegedly stealing Wall Street Journal content isn’t likely to be successful. Ingram writes, “Like the brokerage firms, Dow Jones is trying to piggyback on the original ‘hot news’ ruling by making its claim in New York state, which […]
Dow Jones files lawsuit against Ransquawk
Jason Conti, senior vice president and deputy general counsel and chief compliance officer for Dow Jones & Co., the parent of The Wall Street Journal, posted the following online on Thursday: We produce scoops, uncover wrongdoing and aim to keep our readers informed on a broad range of topics through the hard work of nearly […]
Snapchat CEO and Forbes clash over cover story
The 23-year-old CEO of Snapchat criticized journalists on Twitter Monday morning, claiming that some details in a recent Forbes cover story about his startup were misreported, but Forbes responded hours later with a transcript from Spiegel’s interview with the story’s author, reporter J.J. Colao, essentially proving that Spiegel misled the publication during its reporting. Kurt […]
