When Massachusetts Democratic Senator John Kerry convenes a Senate Commerce Committee hearing on Wednesday to discuss the fate of U.S. newspapers, don’t look for the man who controls the fate of Kerry’s hometown Boston Globe on Capitol Hill.
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.
The first question one of my editors asked me on Friday night when hearing that The New York Times Co threatened to shut down The Boston Globe was whether it was a negotiating tactic. That’s an easy one, for sure. Unions causing you problems at your business? Need to cut costs? Threaten to kill the whole business. It helps your adversaries reorganize their priorities right quick (Though sometimes they really mean it. Look at Hearst in Seattle).
******We sprinkled updates into this blog. We’re highlighting them like this.******Thanks to TechCrunch, U.S. tech reporters are about to spend another weekend working instead of playing. UPDATE: Or maybe Kara Swisher at All Things D will save them!******Two sources told proprietor Michael Arrington that Google “is in late stage negotiations to acquire Twitter.” He wrote:***
We don’t know the price but can assume its well, well north of the $250 million valuation that they saw in their recent funding.
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:
The latest by-product of the financial crisis? Media lawsuits. More specifically: Government agencies deny or fail to respond to Freedom of Information Act (FOIA) requests by media organizations, which then sue to force the government to own up.