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Posts Tagged ‘Wall Street Journal’

Update: Wall Street Journal reporter David Enrich has responded. I have added his response below.

Jay Rosen is absolutely right to call out the Wall Street Journal on its inexcusable use of unnamed sources in the Goldman Sachs story.

Who is the first of the 5 W’s, one of journalism’s fundamentals. You need a compelling reason to withhold a source’s identity, and the Wall Street Journal had no such reason to withhold names in reporting the Goldman Sachs response to a New York Times op-ed piece about the ethics and culture of Goldman Sachs by Greg Smith.

Here’s one of the passages in question:

“We disagree with the views expressed, which we don’t think reflect the way we run our business,” a Goldman spokeswoman said. “In our view, we will only be successful if our clients are successful. This fundamental truth lies at the heart of how we conduct ourselves.” (more…)

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Update: The Wall Street Journal sent an email news alert at 6:37 Monday with this subject: “WSJ NEWS ALERT: WSJ/NBC News Poll Finds Voters Deeply Torn.”

The text:

A new Wall Street Journal/NBC News poll has found an electorate that is convinced the country’s economic structures favor an affluent elite and is still deeply torn as to whether President Barack Obama or any of his leading Republican rivals can pull the nation out of decline.

In case you want to read more (and I can’t imagine why you would), a link takes you to the Journal story: Poll Finds Voters Deeply Torn.

We can disagree about whether these polls stating the obvious merit “news alerts.” But there’s no question the Post kicked the Journal’s ass on the story, whatever its value.

Picking up my original post: When I awoke this morning and checked my email, I saw a news alert from the Washington Post:

Really? A poll that reveals nothing new and just confirms what everyone knows about the country’s mood deserves a news alert? At 12:18 a.m.?

In the ensuing discussion, at least a couple people thought I was commenting on a tweet from the Post. I was commenting on the email news alert, but the Post did tweet the news at about the same time: (more…)

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In another context, I might have protested being labeled part of the “mainstream media.”

We launched our website in August. We’re trying to be innovative and edgy in our mobile apps, use of social media, breaking-news coverage, blog network and other respects. If I were at an American Society of News Editors convention, I would be one of the digital upstarts. But at News Foo Camp, the label actually fit. Sort of. (more…)

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Readers of this blog know that Twitter is one of the best tools for covering breaking news.

But if you listen to and read the Twitter haters, you also hear that Twitter is a place where false rumors spread rapidly. My reply to that is that Twitter is a form of communication, and rumors spread on all forms of communication. A great example of that is the false report of Gordon Lightfoot’s death. Yes, it spread on Twitter. But it started by word of mouth, where rumors have been circulating since humans first mastered speech. And its big spread came when it was reported (without verification) by a professional news outlet. So how did that become Twitter’s fault?

My experience with the Gordon Lightfoot rumor was that I first saw a tweet shooting down the rumor, then saw one or two tweets spreading the rumor and dozens saying it wasn’t true. I noted at the time (on Twitter, of course) that Twitter was actually a great rumor-correcting platform.

Well, researchers from Yahoo! have confirmed both Twitter’s usefulness in spreading news and its effectiveness in correcting rumors. (more…)

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Reviewing 2009 on my blog (mostly for my own information, but I share it because that’s what bloggers do):

My most popular post by far (more than twice as many views as anything else) was my Blueprint for the Complete Community Connection, posted April 27. I proposed a detailed new business model for community news organizations. It received more links from other blogs and more tweets than anything else I’ve written this year. And interest in C3 remains strong. (After traffic on that post declined from June through September, it increased in October and November. December didn’t quite match November, but exceeded August, September and October). C3 gets more attention in a slow month than my average post gets total.

Everyone wants a blog post to go viral, but I’m glad I didn’t write something quirky that went off the charts. C3 was one of the most important things I’ve written this year (or in my career), so I’m pleased that it received more attention than any other post. I’ve been invited to make presentations dealing with C3 in Florida, Nevada, California, Texas, Siberia and Canada. I hope in 2010 to be writing about how Gazette Communications and other organizations are carrying out the vision of C3.

(more…)

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A mistaken matter-of-fact statement in an Associated Press story launched Chris O’Brien on an insightful blog post that had little to do with the original story.

In the same way, a statement in Chris’s post launched me on this post, which will start out in a different direction from his blog.

The AP story, about Microsoft, said, “If it doesn’t make the right calculation, the software maker could find itself in the same position as newspapers that gave online content away and now are struggling to replace print revenue.”

Chris, contributing to the MediaShift blog, wrote: “That second line is almost a throwaway, written with no attribution. That means that the notion has officially entered into conventional wisdom: Local newspapers screwed up by giving away for free the content everyone used to pay to consume.” (more…)

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