This lethal peepshow
Guardian - The point of journalism is not just to show, but to tell: to explain what is going on. And yet the cellar story - and even the cyclone - are most likely to induce a feeling of impotent bewilderment in viewers. These are stories that can not be accommodated by any theory of god or government. In both cases, I have felt guilty about tuning in to such despairing data. The Austrian material made me wonder if a cinema-style system of age certification may soon have to be introduced for news.
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A nose for Nazis
Guardian - The truth is that the Fritzl horror reveals precisely nothing about the Austrian people - but the rabid reaction to the Fritzl horror reveals a great deal about the sense of loss, confusion, desperation and chauvinism amongst opinion-formers here at home.
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Investigative journalism is already past
Editors Weblog - Ten years from now - 2014 may be slightly too short a time frame - we will still have printed newspapers, because people like reading things in print. Newspapers, just like the book, are convenient to read in places you can’t do with a computer; but my belief is that a lot of what will be printed will be analysis, comment, analysis and opinion. The actual news will be more or less online or in other more timely formats.
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Microsoft Drops Bid for Yahoo
BusinessWeek - Microsoft (MSFT) announced on May 3 it was dropping its unsolicited bid to buy Yahoo! (YHOO). The surprise move came after a day in which it appeared the two companies might be closing in on a price per share of Yahoo’s stock in the mid-30s, between Microsoft’s original $31-a-share, half-stock and half-cash offer and Yahoo’s original insistence on at least $40 a share.
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American media - On the brink
Economist - THE New York Times once epitomised all that was great about American newspapers; now it symbolises its industry’s deep malaise. The Grey Lady’s circulation is tumbling, down another 3.9% in the latest data from America’s Audit Bureau of Circulations (ABC). Its advertising revenues are down, too (12.5% lower in March than a year earlier).
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America’s grim newspaper story
Independent - Circulations are falling and some pundits believe that newspapers in the United States will be dead in a generation. But some proprietors actually want to shed readers. By Stephen Foley
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New boss at The Wall Street Journal
International Herald Tribune - News Corp., which is controlled by Murdoch and which last year bought The Journal’s parent company, Dow Jones, for close to $5 billion, would invest $6 million a year to add four new pages each day for international news.
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U.S. paper ends print edition to live online
International Herald Tribune - Last Saturday, The Capital Times, a fabled 90-year-old daily newspaper founded in response to the jingoist fervor of World War I, stopped printing to devote itself to publishing its daily report on the Web.
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