Sunday, December 21, 2014. Last Update: Fri 5:42 PM EST

The Audit

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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

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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

Hey millionaire tech bros: Have patience with the editorial process - Chris Hughes probably wanted to enable great journalism at first. Then the dust settled and before you know it, he’s shaking everything up again

Serial creators don’t know what will happen to Adnan Syed - New developments in his legal case suggest that the outcome is wide open

Price hike at UC Berkeley’s journalism school - Governing body approves additional fee of $7,500 starting 2016

Will Denver really have a newspaper war? - As a billionaire floats reviving the Rocky Mountain News, The Denver Post might buckle its chin strap

FOIA reform dies while the press looked the other way - RIP Improvement Act of 2014


The traffic lure of outrage (Slate)

“I didn’t become a journalist to peddle indignation on Facebook. But it sells—the page views don’t lie.”

NBC news producer’s sons were in the besieged school in Peshawar (NBCnews.com)

“I remained silent and didn’t know what to say — I know how such attacks on schools usually end”

Hero mom calls into CSPAN to berate her arguing pundit sons (WaPo)

“This was not planned. She called in on the normal line.”

Dick Cheney doesn’t want to call it torture but the media doesn’t have to follow (Vox)

“People deserve to know that the American government (proudly!) did things that in any other context are called torture”

Bloggingheads

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

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