TheStreet.com media critic Marek Fuchs writes that the stories about Yahoo’s earnings were off the mark in reporting that the results weren’t as bad as expected.
“The confusion, I believe, stems from the business media’s need to attach a meaningful-sounding explanation to a blip in Yahoo!’s stock price, a thinly traded after-hours bounce after the company reported post-market close Tuesday.
“Take a look at this Associated Press headline, for example:
“The article’s second sentence gets right to work telling this tale of two expectations:
‘While the results released Tuesday missed analyst expectations, the performance wasn’t as bad as many investors feared after Internet search and advertising leader Google Inc. disappointed Wall Street with its second-quarter earnings last week.'”
Read more here.Â
Ken Brown of The Wall Street Journal is leaving the news organization. He is an…
Dow Jones News Fund President Brent W. Jones announced at the nonprofit journalism training organization’s…
Jillian Ward, managing editor for U.S. technology at Bloomberg News, sent the following note to…
Rick Berke, a co-founded and executive editor of STAT News, writes about the importance of…
Thomas Maxwell has joined Gizmodo as a tech reporter. He previously was at Business Insider covering…
Banking Times has acquired the domain name "The New Fiver" for an undisclosed amount, aiming…