Tuesday, June 18, 2013. Last Update: Mon 3:00 PM EST

The Audit

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Responding to Shirky on the Washington Post

Transformation is required, and transformation takes investment

Thanks to Clay Shirky for responding to my piece on the financialization of the Washington Post Company, which during the... More

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Audit Notes: the rise of circulation, LAT’s Facebook trend, mobile ads

This Ken Doctor piece on how circulation is becoming the most-important revenue stream at newspapers is a must-read: Unexpectedly, newspapers... More

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Amazon’s California tax squeeze

A WSJ follow story waters down an LAT scoop from two weeks ago

Amazon's long run of not paying collecting state and local sales taxes is coming to an end as legislatures finally... More

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WaPo must transform to survive

Clay Shirky disputes The Audit’s take on the Washington Post’s financial future

Ryan Chittum's "The Washington Post Co.'s Self-Destructive Course" is a blistering attack on the paper's management of its journalistic mission... More

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Audit Notes: Google’s stonewalling, Moody’s spin clinic, USDA mortgages

An NYT story on how the company tried to stymie investigators of its Street View program

This New York Times story is a few days old, but worth flagging. The paper reports on Google's roguish reaction... More

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Audit Notes: Facebook IPO edition

Why the flop matters

Joe Nocera glosses over the problem with Facebook's IPO in arguing that we shouldn't care whether its shares plunged after... More

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The private-equity problem with Romney and GS Technologies (UPDATED)

Loading up a company with debt to ensure Bain’s own profits

It's seriously grating to see an Eton and Oxford-educated ambassador's son who works for the Council on Foreign Relations rant... More

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Sorkin’s Glass-Steagall straw man

Of course its repeal contributed, directly and indirectly, to the financial crisis

Here's the headline for Andrew Ross Sorkin's column on Tuesday about Glass-Steagall and the financial crisis: Reinstating an Old Rule... More

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Audit notes: Buffett on newspapers, Times-Picayune, SEC lets Lehman go

A vow to invest in newspapers and protect them from interference

This is the most hopeful thing I've read about the business of newspapers in a long, long time: I'll quote... More

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Audit notes: No more daily in New Orleans, McClatchy, private equity

The NYT reports the Times-Picayune will print two or three times a week

If ever a town needed a newspaper, it's New Orleans. But David Carr reports that Newhouse is preparing big layoffs... More

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Facebook fiasco

The well connected made out while retail investors got hosed

We're starting to get a better picture of what happened with Facebook on Friday and in the run-up to its... More

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How Gawker wants to monetize comments

Denton’s vision for Gawker Media’s editorial product moves away from posts

Back in November, I grappled with the fact that online display ads in general, and banner ads in particular, are... More

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Audit notes: Facebook disclosure, Facebook value, soft corruption

Business Insider's Henry Blodget, who knows a thing or two about analyst/IPO scandals, writes that Facebook and/or its bankers could... More

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Audit Notes: Facebook IPO edition

I'm happy to say I was wrong (and Felix was right) in guessing that retail investors would jump into Facebook... More

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The Chicago Tribune lights up the flame-retardant industry

An outstanding investigation show how chemical companies preserve a toxic cash cow

A tremendous Chicago Tribune investigation into flame-retardant chemical manufacturers shows how they push their poisons on an unsuspecting public despite... More

Oops! LAX TSA officer shamed a BoingBoing writer’s daughter

And he used his media clout to make it a thing

Can ladymags do serious journalism?

Some people don’t seem to think so

Atlantic launches weekly iPhone mag

The paid product its prez teased a few months back has arrived

The usefulness of pie charts, in two pie charts

Business Insider launched an excellent attack against pie charts. But if all those words are bogging you down, WaPo has a simpler version

Full Moon Silhouettes

A moonrise unlike any you’ve ever seen

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