Friday, August 01, 2014. Last Update: Fri 4:08 PM EST

The Audit

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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

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A game of telephone fools the Times

And the newspaper-of-record short-arms the correction

The New York Times posts a nasty correction on its Sunday op-ed by William Deresiewicz, who asserted that a study... More

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Audit notes: Questions for JPMorgan, hindsight journalism, Ticketmaster

Jesse Eisinger asks what and when Dimon & Co. knew about the bank’s big loss

ProPublica's Jesse Eisinger, in his NYT DealBook column, writes about what the press and the authorities should be asking about... More

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The Facebook frenzy

Retail investors prepare to jump on a richly valued IPO

The Wall Street Journal's page-one Facebook IPO story does a good job of capturing some uncomfortable parallels to the dot.com... More

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What’s the right price for ebooks? (updated)

It’s probably not 99 cents

Author Chuck Windig, GigaOm's Mathew Ingram, and TechDirt's Mike Masnick all took on the question of ebook pricing recently, arguing... More

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Audit notes: Commercialization, GM and Facebook, Saverin’s taxes

Conor Friedersdorf makes a nice catch on Tom Friedman's Sunday column bemoaning the commercialization of seemingly all aspects of American... More

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For TV, campaigns create big winners, (relative) losers

Political ads may not be all “gravy” for local stations—but they’re still an awfully good deal

When Republican presidential candidate Rick Santorum suspended his presidential campaign last month, the former Pennsylvania senator all but sealed Mitt... More

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The business press embarrasses Jamie Dimon

London Whale, sighted one month ago, knocks billions off JPMorgan’s worth

In what FT Alphaville called "the most excruciating bank conference call we’ve ever heard," press favorite Jamie Dimon announced last... More

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Audit notes: Chesapeake woes, the Untaxable, Reuters on HSBC

The hits keep coming at Chesapeake Energy. Today, it's The Wall Street Journal's turn. It reports on page one that... More

How Forbes got to $475 million - That’s what a Hong Kong investor has agreed to pay for a firm that two years ago had trouble paying its rent

Journalists subpoenaed in ‘pink-slime’ suit - BPI wants emails from NYT’s Michael Moss, public-health lawyer Michele Simon, and others

Bloomberg struggles to break out of the box - Justin Smith’s ambitious digital transformation hits some bumps

The Grand Dame of Florida reporting has retired twice, but she’s still causing trouble - A conversation with the Tampa Bay Times’ Lucy Morgan

Embedded with the Koch brothers - Hometown reporters get rare access to the media-shy oilmen, with mixed results


James Fallows on David Frum’s asserted, then retracted, charge the NYT ran fake photos of Gaza

“For all their blind spots and flaws, reporters on the scene are trying to see, so they can tell, and the photographic and video reporters take greater risks than all the rest, since they must be closer to the action. For people on the other side of the world to casually assert that they’re just making things up—this could and would drive them crazy.”

The 60-second interview: Marty Baron (Capital New York)

CAPITAL: I just noticed that the most-read story right now on your website is an aggregated piece about a Russian lizard sex station in space. BARON: [Laughs] Is that right?

Your iPhone can now make free encrypted calls (Wired)

The beginning of the end of burner phones?

The new face of Richard Norris (GQ)

“‘Richard?’ I say. ‘Richard?’ I shove his shoulder and nothing happens. He is dead. He is on my watch and he is dead. I hear gurgling. Breathing. He’s on my watch and he is not dead.”

Bloggingheads

Greg Marx discusses democracy and news with Tom Rosenstiel of the American Press Institute

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Who Owns What

The Business of Digital Journalism

A report from the Columbia University Graduate School of Journalism

Study Guides

Questions and exercises for journalism students.