Thursday, December 18, 2014. Last Update: Thu 6:50 AM EST

The Audit

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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

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The Washington Post Co.’s Self-Destructive Course

Dividends, share buybacks, and an anti-paywall stance help bleed the paper dry

The Washington Post Company‘s dismal quarterly earnings release last week was received with something of a shrug—more of the same.... More

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Audit notes: WSJ dings austerity, Weisenthal, The Global Mail

If you're looking to get up to speed on what happened with the euro and Greece, you could do a... More

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Audit notes: Blodget’s anonymous Zuck fans, Ongo no-go, social news apps

New York cover story dispenses with named sources

Here's the sourcing in Business Insider CEO Henry Blodget's New York cover story on Facebook CEO Mark Zuckerberg: "a colleague... More

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Clearly, Quartz wants to help elites go optimize themselves

The Atlantic’s new business site enters a crowded field catering to the 0.1 percent

The Atlantic's big new business-journalism project is off to an inauspicious start. First there's the name: Quartz, which is different,... More

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Audit Notes: Murdoch’s Influence, Reuters’s Chesapeake drumbeat

A sweeping indictment of the corruption of British politics by News Corp.

The News Corp. scandal is so massive and so sprawling that it's just about impossible to bring all the pieces... More

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Audit notes: News Corp.’s board, Lehman’s hubris, Awards and Slideshows

David Carr eyes Rupert Murdoch’s crony-filled board of directors

David Carr takes a look at the News Corporation board of directors, which is as stacked with the CEO's cronies... More

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The housing market at an inflection point

The Journal explains why bidding wars are starting to bubble up again

After seven or so years of bearishness on housing, I decided a few weeks back that the market was probably... More

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Audit notes: Still pro-euro, foreclosures, privatized parking meters

An FT contributor says the UK doesn’t want to miss out on that Europe thing

British Labour politician Peter Mandelson takes to the Financial Times to argue that, after all we've seen, the UK should... More

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Facebook’s low, low ad rates

The Journal reports on the site’s problems with advertisers

The Wall Street Journal has a nice piece on advertisers' doubts about Facebook. As I noted a few months ago,... 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


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”

Lessons from factchecking, and the limits of journalism (Feministing)

“Fact-checking taught me a lot, and here’s one thing I learned: One of the main purposes of fact-checking is to correct journalism’s bias toward a ‘good story’ above all else”

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

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Questions and exercises for journalism students.