Felix Salmon of Conde Nast Portfolio wonders how mistakes could have been made in a Monday story in the New York Times business section about CNBC anchor Maria Bartiromo that included getting wrong the names of a Citigroup executive and an investment fund.
“The market in business news has moved online, and is both increasingly competitive and increasingly lucrative: ads on business news websites are some of the most expensive on the web. The NYT’s strong online franchise gives it a headstart in this market, but once the FT and the WSJ go free, it’s going to need more than that.”
Read more here.
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