Robert MacMillan of Reuters writes that the number of tables bought at the annual New York Financial Writers’ Association Financial Follies table was down this year, and drinks now cost.
“The reason? The New York Financial Writers’ Association, which holds the Follies at the Marriott Marquis Hotel in Times Square, could not get anyone to sponsor the $25,000 tab.
“‘I really think it was a sign of the times,’ said Jane Reilly, executive manager for the association, which holds the Follies to raise money for 10 $3,000 scholarships and to pay for the group’s existence.Â
“The loss of funding of the Follies symbolizes the crisis facing not only Wall Street but many media organizations suffering from falling advertising and, in the case of many magazines and newspapers, circulation.”
Read more here.
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…