Chevron is running a news site in Texas

Molly Taft of Gizmodo reports about how Chevron Corp. is running a news site in Midland County, Texas. Taft reports, “According to data hidden on the site but provided in the site’s social preview cards, the puppy article is written by Mike Aldax, a man who lives more than 1,000 miles away from Midland. The entire […]

Binance CEO sues Bloomberg Businessweek publisher in Hong Kong for defamation

Binance CEO Changpeng Zhao on Monday sued Bloomberg Businessweek’s Hong Kong publisher Modern Media CL. on defamation claims, reports Danny Nelson of CoinDesk. Nelson reports, “The suit stems from Bloomberg Businessweek’s June 23 profile of Zhao: ‘Can Crypto’s Richest Man Stand the Cold?’ But in Hong Kong, Businessweek’s local publisher Modern Media CL ran a different headline […]

Firm working for Florida energy company controlled news site

Operatives working for Florida Power & Light gained control over a Tallahassee-based news website, making editorial decisions about its content – and allowing executives at the utility to influence coverage, report Annie Martin and Mario Alejandro Ariza of the Orlando Sentinel. Martin and Ariza report, “The site, which is published by Brian Burgess – who was previously the […]

Ex-Fox Business anchor Francis receives $15 million settlement

Fox Corp. agreed to a roughly $15 million settlement with former Fox Business anchor Melissa Francis who complained about gender-based pay disparities at the cable news network, reports Sarah Ellison of the Washington Post. Ellison reports, “Although the kind of sum won by Melissa Francis, an on-air personality for several shows on Fox News and Fox Business […]

NY Times reporter Gelles: Biz journalism lionizes CEOs, companies

Anand Giridharadas of The Ink interviewed New York Times reporter David Gelles about his new book “The Man who Broke Capitalism,” and part of the discussion was about business journalism’s failures. Here is an excerpt: How do you think those two narratives are present in this failure of business journalism that we’re talking about? On the […]

Pentagon seizes phone of Reuters reporter

The Pentagon seized Reuters reporter Idrees Ali‘s phone and would not allow him to use his electronics while traveling with the Defense Department’s No. 2 official on Sunday, reports Lara Seligman of Politico. Seligman reports, “Ali was given his phone back upon landing after an eight-hour flight. The deputy, Kathleen Hicks, is traveling to Norway, […]

Financial media: The Wild West of misinformation

Toronto Star contributing columnist Frank Giustra writes about the problems he currently sees in financial and investment news. Giustra writes, “Although there are plenty of seasoned commentators opining on this stuff, there is an equal number of folks who will urge you to sell or mortgage everything you own to fill your boots with assets like bitcoin. […]

Reuters removes Tass content from service

Reuters will remove all the content of the Russian state news agency TASS from its business-to-business service Reuters Connect, reports Camille Gijs of Politico. Gisj reports, “The well-known news wire service said that ‘making TASS content available on Reuters Connect is not aligned with the Thomson Reuters Trust Principles.’ “The move follows growing criticism of how the […]

Reuters staffers concerned about Tass relationship

News staffers at Reuters are concerned about the company’s relationship with Tass, the Russian-government owned news service, reports Max Tani of Politico. Tani writes, “Multiple journalists at Reuters told POLITICO that staff are frustrated and embarrassed by the company’s continued partnership with Tass, the wire service owned by the Russian government. The relationship dates back to 2020, […]

Bloomberg loses privacy case in United Kingdom

Bloomberg News has lost a privacy case at the UK’s highest court, which ruled on Wednesday that suspects in a criminal investigation have the right not to be named by media organizations until charges are brought, reports Jane Croft of The Financial Times. Croft reports, “The Bloomberg case centred around an unnamed businessman, known only as ZXC, […]