Wednesday, December 1, 2021 |
| A look around the internet suggests the FTC hasn’t scared news orgs into immediately changing the options they offer online. By Sarah Scire. |
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| Based on an analysis of 763,887 Wall Street Journal articles published from 1984 to 2017, researchers found that news coverage of particular topics predicts 25% of average fluctuations in stock market returns. By Clark Merrefield. |
UK news publisher Archant is closing most of its offices because “home working is a preferred choice” What We’re ReadingNew York Times / Davey Alba
Those cute cats online? They help spread misinformation. →“The strategy works because the platforms continue to reward engagement over everything else, even when that engagement comes from publications that also publish false or misleading content.” (Epoch Media, parent company of
The Epoch Times, racked up nearly four billion views using the tactic.) WSJ / Corinne Ramey, Dustin Volz, and Aruna Viswanatha
The U.S. government looked for evidence of extortion and Saudi-sponsored hacking in the Jeff Bezos and National Enquirer saga →Back in 2019, Amazon founder (and Washington Post owner) Jeff Bezos accused the Enquirer of attempting to extort him with texts and photos — and his security team suggested Saudi Arabia might have been involved. Separate investigations were conducted by the FBI and U.S. attorney’s office in Manhattan and have closed without public action.Gizmodo / Mack DeGeurin
Biden’s picks to fill two open FCC seats have support from unexpected places: Newsmax and OAN →“All this right-wing divergence comes down to the reality that Newsmax and OAN have far more to gain with Sohn at the FCC than more traditional conservatives backed by telecom interests thanks to the regulator’s record of favoring independent programmers. Though that’s generally been considered a ‘liberal’ position, it nonetheless benefits right-wing upstarts trying to take on traditionally entrenched media as well.”Columbia Journalism Review / Jon Allsop
In initially failing to discipline Chris Cuomo, CNN endorsed the notion it’s ok for journalists to help a powerful politician manage allegations of wrongdoing — as long as they’re related →“By gathering information from ‘sources’ and passing it to his brother’s staff, Cuomo committed the more egregious step of directly mixing the journalistic work of calling sources and gathering information with his personal, familial commitments.”Stratechery / Ben Thompson
Twitter has a new CEO. A new business model might be next. →“What makes Twitter such a baffling company to analyze is that the company’s cultural impact so dramatically outweighs its financial results; last quarter Twitter’s $1.3 billion in revenue amounted to 4.4% of Facebook’s $29.0 billion, and yet you can make the case — and I believe it — that Twitter’s overall impact on the world is just as if not larger than its drastically larger peer.”Washington Post / Jeremy Barr
Lara Logan was a respected journalist. What happened? →The once-lauded former “60 Minutes” correspondent compared Dr. Fauci to an infamous Nazi doctor on Fox News. It was just one of many inflammatory and conspiracy-tinged comments she’s made in the years since she left CBS. The Guardian
CNN has suspended Chris Cuomo indefinitely →The anchor used media contacts to gather information about women who accused his brother, former New York governor Andrew Cuomo, of sexual harassment.
Nieman Lab / Fuego / Encyclo
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