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May 11, 2013
14:29 • 1 week ago

  • the company Bloomberg LP, the market data company started by current New York City Mayor Michael Bloomberg 32 years ago, built its success from its Bloomberg Terminal electronic trading platform, as well as its journalistic platform, including its wire service and Bloomberg Businessweek magazine. Companies pay as much as $20,000 per year for a single Bloomberg Terminal—and financial companies use many of them, as 310,000 exist worldwide.
  • the problem Apparently Bloomberg journalists have been using this data to monitor big-name subscribers to the Bloomberg Terminal service. Hundreds of the service’s 2,400 journalists worldwide reportedly tracked users of the service through this method, which financial institutions noticed after a journalist pointed out to Goldman Sachs that one of the company’s partners didn’t log into their terminal recently. The incident could prove dangerous to both of Bloomberg’s businesses, as it could damage the credibility of both the wire service and the market data platform. source

May 5, 2013
21:15 • 2 weeks ago

  • then Last year, Rush Limbaugh started publicly attacking then-Georgetown grad student Sandra Fluke on his radio show, due to her stances on contraception in relation to the Affordable Care Act. He lost a lot of support among Republicans and began losing advertisers left and right, though things eventually slowed down.
  • now A year after the incident, Rush Limbaugh’s program could end up leaving Cumulus Media and affiliating with another radio company. Stations owned by Cumulus reportedly lost millions as a result of the advertiser boycotts, and after Limbaugh’s contract expires in 2013, they could lose the top-rated talk show on radio … along with his wonderful ads, which even Rush has resorted to complaining about on-air. source

April 26, 2013
18:33 • 3 weeks ago
  • action Yesterday, Mother Jones released secretly-recorded audio of GOP strategist Frank Luntz criticizing right-wing talk show hosts during a talk with College Republicans at the University of Pennsylvania. “They get great ratings, and they drive the message, and it’s really problematic. And this is not on the Democratic side. It’s only on the Republican side,” Luntz said.
  • reaction “I’m very disappointed that at Penn, [the] trust between students and speaker is gone,” said Luntz, an former student and professor at the school, after the release of the audio. ”Call me naive, but I thought it was possible to have an open, honest conversation about American politics and not make it a national conversation.”
  • rebuttal “The Penn environment should be one in which people are encouraged and expected to speak unencumbered by self-interest,” wrote Aakash Abbi, the student who recorded the speech. ”If influential GOP figures like Frank Luntz truly believe that the party’s media kingmakers harm the national interest but refuse to say so for fear of backlash, they knowingly work against the spirit of open and honest debate.”

There’s also a question of journalistic ethics. Luntz requested that the remarks remain off the record; while a journalist who was in the room verbally agreed to this request, Abbi (who isn’t a journalist) and Mother Jones (who wasn’t present) did not. So are they still bound by it? Does a request to remain off the record amount to a decree, or must it be agreed to? Regardless of where you stand, it’s a fuzzy area. Meanwhile, Luntz has withdrawn a scholarship in his father’s name since the remarks leaked.

April 21, 2013
21:44 • 1 month ago
  • CNN Already facing a bit of a tough run of it, the media outlet screwed up a major story on Wednesday—falsely reporting the arrest of suspects in the Boston bombing. The network’s John King reported the news, which appears to have been a problem of poor sourcing that befell other media outlets like the Associated Press, but is only the latest knock to the network’s reputation, The New York Times’ David Carr reports. The network has some big problems that need to be addressed, and they go beyond adding opinion to the mix like their competitors.
  • Reddit Less a media platform than an endless forum, it nonetheless became a target for scrutiny after a subreddit called FindBostonBombers, focused on crowdsourcing the incident, falsely targeted multiple “suspects” in the case, including Sunil Tripathi, a missing Brown University student. (The FBI released suspect photos in an effort to rein in efforts by Reddit and the New York Post, which ran one of Reddit’s finds on its front page last week. They’re not on the list, because really, they’re beyond saving at this point.) Reddit’s staff even apologized, a rarity. However, the approach is not without its defenders, including paidContent’s Mathew Ingram and TechDirt’s Mike Masnick, who both note that there’s a degree of inevitability to the situation.
  • Social media Also targeted by the second-guessing was the rise of the social media journalist, which The Awl’s Choire Sicha called out, explaining that the bulk of the social media conversation that goes on “sucks for your news brand. Is it not stressful enough that your whole office is trying to verify and break news, to then have these people babbling on?” While Sicha has traditionally been cynical of journalists who use social media as a news platform, there’s a good lesson that can be culled from this, which is that we need to slow down for a second, because we’re getting a lot wrong. (Ed. Note: I know most of the people Choire called out.)

» So what to make of all of this, anyway? If you ask me, there’s a lot of hand-wringing people can do after the fact. Monday morning is coming up pretty darn soon, and quarterbacks are ready to throw up questions. And considering the unprecedented ways people screwed the pooch on this story, it’s fair. But let’s be sure not to let the navel gazing get in the way of the next situation. We should learn lessons from this and improve our own patterns, not talk about it endlessly. We also need to figure out how to wean ourselves off the drug that is banner-ad-dependent web traffic, because it’s not helping things. This was a bad week for journalism, but that doesn’t mean we can’t make things better next time. (Also, the guy who basically owned this story top to bottom, NBC’s Pete Williams, didn’t tweet once this week.)

April 17, 2013
16:20 • 1 month ago

  • Last Week proponents of gun control were celebrating a major victory in the Senate after numerous Republicans crossed party lines to end debate on a Senate proposal which would require background checks for firearms sold online or at gun shows.
  • Today things aren’t looking so great for the proposed expanding of the nation’s background check requirements, with Democrats reporting a lack of success in convincing at least 9 members of the Republican party to support the proposal. Of course, even if it makes it out of the Senate, few have high hopes for the background check legislation in the Republican-dominated House of Representatives. source

April 13, 2013
14:07 • 1 month ago

  • tit On Friday, the U.S. government announced that they would enforce visa bans on 18 Russian officials who were tied to the arrest and death of corruption lawyer Sergei Magnitsky, who died in prison after reportedly being denied medical coverage. The U.S., in making the announcement, claimed it was merely “complying with its legislative requirements.”
  • tat On Saturday, the Russian government did almost exactly the same thing to the U.S., placing visa bans 18 officials, some of whom were tied to the Guantanamo Bay detention camp, the Bush administration, or with harsh interrogation techniques, including Dick Cheney’s former chief of staff, David Addington. source

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April 7, 2013
12:16 • 1 month ago

  • cause In recent weeks, Louisiana Gov. Bobby Jindal, a Republican who is expected to run for president in 2016, has been pushing a bold tax plan in his state that would eliminate income taxes entirely on individuals and corporations, in an effort to make the state more desirable for businesses. To make up for the loss of income, the state’s sales taxes would jump by 56 percent, the cigarette tax would jump significantly and a number of tax loopholes would be closed.
  • reaction Jindal’s popularity has tanked. With a 38 percent approval rating in the state, President Barack Obama is now a more popular figure in the conservative Louisiana. Why’s that? Well, two reasons: First, the sales tax increase is seen as hitting the poor more than the rich (though Jindal says there will be tax credits available for low-income residents); and second, many residents see it as a transparent scheme to shore up Jindal’s credentials with conservatives outside of Louisiana before running for president. Many of those polled also note that he’s been out of the state a lot lately. source

April 3, 2013
18:14 • 1 month ago
  • action A three-judge panel on the 4th Circuit US Court of Appeals overturned Virginia’s anti-sodomy law last month, concluding that it’s unconstitutional for the state to forbid adults from having consensual oral or anal sex in the privacy of their homes.
  • reaction VA Attorney General and Republican gubernatorial candidate Ken Cuccinelli is challenging that ruling, with his office petitioning the court to review the case again, this time with the full 15-judge panel weighing in. source

More details: The original case that the court was addressing involved consensual oral sex between a man and a 17-year-old woman. Cuccinelli is arguing that the court was right to strike down the anti-sodomy statute, but wrong to overturn the man’s conviction, as his particular case involved sexual relations with a minor. You’ll be hearing a lot about Cuccinelli in coming months, as Virginia will be only one of two states to hold gubernatorial elections this year (the other being New Jersey).

April 2, 2013
19:08 • 1 month ago

  • the deal Tesla Motors has set up financing deals for 10 percent of the down payment for one of their Model S vehicles. As it turns out, that 10 percent fits within the guidelines of an electric vehicle credit—meaning that you wouldn’t have to pay anything out of pocket. After that, you can pay for the vehicle at a monthly rate which may be higher than a traditional lease, but considering you’re not paying for gas, given the right usage, you’ll end up spending less (or so they claim). And after three years, you can sell the vehicle at rates comparable to a Mercedes S Class.
  • the perk The company claims that the deal gives buyers the best parts of both leasing and buying a vehicle—being that you can pay a relatively small monthly amount, but after the three years are over, you have the option of selling the car, because you own it. And the buyback is guaranteed, too, so you’re not locked in. Thoughts? source

March 29, 2013
18:27 • 1 month ago
  • one Alaska Rep. Don Young, who landed himself in hot water yesterday for casually referring to the “wetbacks” his family used to employ. He’s since apologized—twice—calling it a “poor choice of words.”
  • two North Carolina Governor Pat McCroy, who today, without warning or explanation, closed the state’s Office of Hispanic/Latino Affairs, prompting an angry response from the local Latin American Coalition.
  • three Todd Kincannon, former executive director of the South Carolina GOP, who earlier this week told veteran Mike Prysner—now an anti-war activist—that he “should have come home in a body bag” and expressed his hopes that “the enemy splatters his brain JFK-style.”

To the national party’s credit, Young’s remarks were roundly denounced by Republican leaders, and Kincannon has basically been disowned by the state GOP. But every story like this reaffirms the exact stereotypes the party is working so hard to combat right now, and until the party can get its members under control, even a superficial rebranding is likely to be unsuccessful. The larger issue, though, is whether the Republicans’ electoral base actually wants it to change. The early evidence isn’t very promising. source

Recent posts and stuff we dig:
March 22, 2013
20:44 • 2 months ago
  • claim According to the Washington Post, a lawyer in the Dominican Republic has told authorities that the Daily Caller, the conservative news outlet owned by Tucker Carlson, paid him to fabricate a story about Democratic Senator Bob Menendez soliciting prostitutes.
  • denial  The new org denies the charges, with Carlson saying in a statement that “The Daily Caller never paid anyone, was never asked to pay anyone and of course never would pay anyone for this story.”

There’s a wrinkle here: In its recounting of today’s revelations, the Daily Caller writes that the lawyer “blamed four news outlets — CNN, The Daily Caller, Telemundo and Univision — for allegedly encouraging him to fabricate false accusations about Menendez.” This isn’t true; according to the Post, the man only accused the Daily Caller—not the other three outlets—of offering to bribe him (the other three were mentioned as having requested to interview the man after he made the claims). The lawyer’s reliability is already shot, having reversed his story at least once, but the Daily Caller has seriously undermined its own credibility by reporting the original story in such a misleading, and indeed factually inaccurate, way. This is one of those weird news stories where all parties involved seem to have been dishonest to some degree—with the possible exception of Menendez himself.

March 10, 2013
12:11 • 2 months ago

  • one Google is showing off a new piece of footwear at its Art, Copy & Code booth. It’s a shoe. That can talk. For some reason your Reebok Pumps seem much cooler than this.
  • two The uh, sexy, hookup site Bang With Friends has a SXSW-specific site called “Bang With SXSW,” which should ensure that you’ll remain lonely for the rest of the year.
  • three Author Neil Gaiman, who’s an extremely creative guy, spoke during a SXSW panel on creativity with “Two and a Half Men” creator Chuck Lorre, who’s anything but.
  • four As a marketing stunt, the cable network Syfy created a pop-up hotel, which would be useful as there’s never anywhere to stay in Austin during this time of year, except there are only a handful of rooms, and the network didn’t bother to tell people about the lodging space ahead of time.
  • five Speaking of temporary lodging, there are augmented-reality porta potties which tell passing customers how long you’ve been inside. Get ready to punch everyone around you.

March 6, 2013
23:28 • 2 months ago

  • Time-Life Not nearly as big as the other parts, but people recognize the name, right? The book and music marketing arm of the company, named after the two magazines which made Time Inc. famous, was spun off in 2003 and had to start running a disclaimer that said ”not affiliated with Time Warner Inc. or Time Inc.” Sounds about right.
  • Time Warner Cable The first big chunk to fall, the cable company was spun off partly because it was seen as having more potential to grow under a structure different from that of a pure content company. The split, which took place over a four year period, was finalized in March 2009. (Conversely, Comcast in recent years has taken the opposite approach, buying out NBC Universal from General Electric to become a top-down cable and entertainment empire.)
  • AOL The digital arm of Time Warner, which was once so massive that AOL bought Time Warner in 2000, ultimately became a drag on both companies after it became clear that there weren’t enough 70-year-olds to keep the legacy AOL service at a high level of profitability forever. In December 2009, the company, whose value had declined significantly in the period that Time Warner owned it, was spun off to its own space on the stock market. It eventually made a pure-content play, which has recently brought it success.
  • Time Inc. While the magazine industry came first, it would not remain the key part of Time’s empire, and after a failed merger of some of the magazines with the Better Homes and Gardens-owning magazine chain Meredith, Time Warner announced it was spinning off all of its magazines into a single company on Wednesday.
  • Time Warner So, here’s what’s now left—the cable channels (including HBO, TNT, TBS and CNN), the film studios (New Line Cinema, Warner Bros.), and the other entertainment arms. So, really, it’s just Warner and the remains of Ted Turner’s corporate empire. Synergy doesn’t last forever, right?

February 28, 2013
16:05 • 2 months ago

  • Tuesday Presiding judge Colonel Denise Lind denied requests, by Pfc. Bradley Manning’s legal team, to drop the myriad of federal charges currently filed against the 25-year-old soldier. Manning’s attorney says his incarceration violated rights guaranteed to the soldier by Article 10 of the Uniform Code of Military Justice and the U.S. Constitution.
  • Thursday Pfc. Bradley Manning entered a “guilty” plea on 10 of the 22 federal charges he faces, which carry a combined total of 20 possible years in prison. Unfortunately, the plea is not part of a deal with a prosecution, but rather a last ditch effort by Manning and his team to avoid a possible life sentence on charges of “aiding the enemy”. Charges which Manning has fervently denied throughout his incarceration. source

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