TheStreet.com cancels first round of contest
Louise Story of The New York Times writes Tuesday that TheStreet.com has canceled the first round of its stock picking contest “Beat the Street” due to cheating by some contestants. She wrote, “The financial news site did not disclose the tactics of the cheats, but it said that all participants of the first contest could […]
TheStreet.com could benefit from financial media M&A
The Seeking Alpha web site speculates that TheStreet.com could be an acquisition target due to interest in financial media properties in recent months as well as the growing interest in online trading. It wrote, “News Corp. bids for Dow Jones. Thompson buys Reuters. While TheStreet.com is certainly not in the same class as either of […]
Biased coverage in Dow Jones-Murdoch saga
TheStreet.com business media critic Marek Fuchs warns that much of the coverage about News Corp. CEO Rupert Murdoch‘s offer to buy Dow Jones & Co., the parent of The Wall Street Journal, has an inherent bias. Fuchs wrote, “On the issue of bias, there is clearly one against Rupert Murdoch. For his tabloid ethics and […]
Dow Jones would make sense for Buffett
TheStreet.com senior writer Mark DeCambre writes Friday that billionaire Warren Buffett, who has previously said he wasn’t interested in making a bid for Dow Jones & Co., the owner of The Wall Street Journal, would be a perfect owner for the business news publisher. DeCambre wrote, “But given the financial difficulties of the newspaper business, […]
Business media not good at calling end to trends
TheStreet.com’s Marek Fuchs writes Wednesday that the business media is typically wrong when it attempts to call the end to a trend. One example, he notes, was the coverage of the housing bubble, which many in the business journalism field predicted would pop about seven years ago. The latest example, he says, is a Wall […]
How to fix business journalism
Marek Fuchs, TheStreet.com’s media critic who was on a panel that I organized and moderated at the Society of American Business Editors and Writers annual conference on what’s wrong with business journalism, publishing his introductory speech Monday. In part, Fuchs wrote, “Here’s my solution. Though a wall exists between a news outlet’s journalistic and business […]
Biz sections need to stop writing so much about newspapers
Marek Fuchs of TheStreet.com writes Monday that one of the reasons why so many readers are ditching newspapers is that newspaper business sections spend too much time reporting about the newspaper industry. Exhibit A, he wrote, is the business section of the New York Times on Monday. He wrote, “Business news is probably the only […]
Who were the sources in Microsoft-Yahoo! story?
Brier Dudley of the Seattle Times and Marek Fuchs of TheStreet.com have called into question the sourcing in a New York Post story Monday that claimed that Microsoft was close to a deal to buy Internet search engine Yahoo. First Dudley. He wrote, “The New York Post owes everyone a good follow-up story. “You can’t […]
Cramer: Dow Jones board should take bid or resign
TheStreet.com’s Jim Cramer writes Thursday morning that the Dow Jones & Co. outside board members are all current or former executives of other companies who know something about creating shareholder value and thus should take the $5 billion offer from News Corp. to sell the owner of The Wall Street Journal, Barron’s and Marketwatch. Cramer […]
Dow Jones stock price remains high, which means company might sell
TheStreet.com reporter Nat Worden writes that because the stock price of Dow Jones & Co. has remained stable in Wednesday trading even though a majority of the Bancroft family has indicated it’s opposed to selling the owner of The Wall Street Journal to News Corp. indicates that they may have to consider selling to someone. Worden […]
