Amazon CEO Jeff Bezos is famous for changing the way we shop for books (and a lot of other stuff), shaking up entire industries in the process. He’s less well known for “The 10,000 Year Clock,” the 200-foot-tall clock designed to outlast human civilization, into which he’s sunk $42 M., according to the Wall Street Read More
The late Howard Ronson and his family had a dream—a dream of making the mansion at 828 Fifth Avenue whole again, as it was in the glorious days when coal magnates commissioned Fifth Avenue manses and robber barons ruled the land. But sometimes dreams die.
After a buying spree that netted four of the nine luxurious co-op units in the building, the family is giving up, The Wall Street Journal reports.
The family has decided to give one lucky buyer—a “person with vision”—the chance to purchase their failed dream for $72 million.
The New York Times social media editor Liz Heron has jumped to rival Wall Street Journal, according to an internal memo sent out today by Journal digital managing editor Raju Narisetti. She replaces Zach Seward, who left late last month to help launch a business news product at Atlantic Media, although the role has been expanded, according to a company spokeswoman. Her official title is “Director, Social Media and Engagement.”
She will lead a growing a team and report to Mr. Narisetti, a former Journal deputy managing editor who returned to the Wall Street Journal last month after a three-year stint at The Washington Post immediately following the Murdoch takeover. When he stepped down as managing editor of the Post, editor Marcus Baruchli credited him with increasing the paper’s web traffic.
In the memo, reproduced below, managing editor Robert Thomson praised Ms. Heron’s “e-empathy and e-expertise.”
Bloomberg View’s take on Goldman Sachs vice president Greg Smith’s New York Times editorial-as-resignation reads like catty note written in Calc class and passed to all the Goldman Sachs employees reading the morning news on, well, their Bloomberg Terminals.
Just about every newspaper has treated yesterday’s editorial as a news story in itself, including other departments of The New York Times. Rival Wall Street Journal covered it from every angle, publishing both the internal memo in which Goldman ceo Lloyd Blankfein responded to its allegations and a parody in the voice of Knicks coach Mike D’Antoni, who also resigned yesterday.
But today’s un-bylined Bloomberg View editorial shows up even the parodies with its derision, synthesizing all the nasty things that cooler banker types said on Twitter yesterday.
While leasing activity for much of New York City in the past few months has been more lackluster than blockbuster, a sizable chunk of available space –sizable in the, say, 6 million square foot range– is on the cusp of hitting the market, The Wall Street Journal reports.
New developments like 1 World Trade Center, 4 World Trade Center, and Edward Minskoff’s 51 Astor Place, are all slated to hit the market in 2013. The last time NYC had this much new space becoming available was in 1989, said Cassidy Turley’s Robert Sammons.
In the past week, the Newsweek Daily Beast Company has lost three high-level staffers and recouped some long-lost Newsweek veterans, suggesting a major overhaul as executive management comes to grips with a disappointing first year.
Early last week, Tina Brown announced that she’d lured back Dan Klaidman, a longtime managing editor of Newsweek and its Read More
Occupy Wall Street
The Wall Street Journal ran its first bestseller list for e-books over the weekend, with data provided by Nielsen BookScan. It’s pretty much identical to all the other bestseller lists, which means its non-fiction list is also topped by Bill O’Reilly and Martin Dugard’s Killing Lincoln and its list includes self-published authors. The Read More
[UPDATE: It's not the Yes Men behind The Occupy Wall Street Journal, it's The Indypendent. Capital NY has the story.]
Media activists The Yes Men are raising money on Kickstarter to publish a four-page broadsheet about the 99% represented at Liberty Plaza called The Occupy Wall Street Journal, Animal NY noticed.
The Yes Men’s previous news pranks provided political commentary through the lens of the city’s existing media. The “We’re Screwed!” New York Post suggested that global climate change is one issue that actually merits tabloid-style histrionics. What looked like a liberal idealist’s fantasy edition of the New York Times was actually based on President Obama’s campaign promises.
The Occupy Wall Street Journal, by contrast, aims to be an earnest and functional news outlet.
Alix M. Freedman has been named Global Editor for Ethics and Standards at Reuters. She comes from the Wall Street Journal, where she was deputy managing editor and page one editor. Before that she oversaw ethics and standards of high-impact stories in the paper and on the Dow Jones newswires. Ms. Freedman won a Pulitzer for her tobacco industry reporting. Full memo from editor in chief Steve Adler below.
Conan O’Brien’s reign as TBS’s late-night host is more turbulent than the cable net might have expected, reports the Wall Street Journal. During Mr. O’Brien’s season on the air, TBS’s viewership among the 18-to-49 key demographic has fallen 11 percent and the network canceled its other late-night show, George Lopez’s Lopez Tonight.