Keach Hagey of Politico reports that Fox Business Network has begun a three-part investigation into Media Matters for America, one of the biggest critics of Fox News.
“Media Matters founder David Brock told POLITICO’s Ben Smith that the media watchdog was preparing for ‘war’ and ‘guerrilla warfare and sabotage’ against Fox News in March, and ever since Fox has highlighted these words as evidence that Media Matters had drifted from the educational mission that justifies its tax-exempt status as a nonprofit organization.
“But as I reported last month, so far there is no indication that Media Matters broke IRS rules, either by making presenting ‘viewpoints or positions unsupported by facts,’ as IRS rules put it, or by crossing over from ideological into partisan activity. As Marcus Owens, a partner at Caplin & Drysdale and former director of the Exempt Organizations Division of the IRS, put it: ‘I’m afraid Fox loses this round.'”
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…