The New York Times’s hyper-energetic reporter Sewell Chan fielded a question in a mediabistro.com Q&A about what it’s like working with Arthur Gregg Sulzberger on his City Room blog staff at nyt.com. Sulzberger is the son of Times Publisher Arthur Sulzberger Jr. and an heir apparent to the Times company.
Why do we care about Facebook? People you know and respect use it. That includes you. People you know and respect who scoff at it still know what Facebook is. Facebook, like Google, is popular enough to have become a verb as well as a noun. If the public ever got a crack at buying shares in it, lots of people would get rich.
That’s why mass clucking ensued among the technology press when the word came out Tuesday that Chief Financial Officer Gideon Yu is splitting. The Wall Street Journal, so far as we can tell, broke the news. It said:
News Corp President and Chief Operating Officer Peter Chernin’s perks after he leaves News Corp at the end of June are basic compared with some legendary golden parachutes, though they’re still worth more money than I make in a year. Or 10 years for that matter.