Life after BusinessWeek: 10 years as a digital media entrepreneur

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For the entirety of my professional life, I extensively reported on the people who led some of the world’s most successful companies and many pioneering entrepreneurs. I often would joke that most business and economic reporters would not be able to run a lemonade stand or a shoeshine stand (something I have actually done in my teenage years) on a busy street corner. Now, I had taken the big step to run websites on the world’s cluttered and noisy Internet.I had never had to manage a real P&L, recruit and hire people I would pay out of my own pocket,…

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Bloomberg Media to bundle subscription with The Athletic

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Bloomberg Media will launch a bundled subscription with The Athletic beginning this month, sources tell Axios reporter Sara Fischer.Fischer reports, “Bloomberg Media sees value in partnering with niche media outlets that it thinks can compliment its coverage.“Details: The bundle comes with a discount. Those who purchase the $290 annual Bloomberg.com subscription (originally $415/year) will receive a free trial to The Athletic for six months, while those who opt for the $1.99 monthly subscription (originally $34.99/month) will have three months of free access to the sports news site.”Read more here.

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Bloomberg reporter Waller departs for business school

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Hailey WallerHailey Waller, a reporter for Bloomberg News, left the news organization on Monday and plans to attend business school.Waller has been accepted into the Marshall School of Business at the University of Southern California.Waller was originally scheduled earlier this year to move to London to cover energy, but the pandemic ended those plans. She has been at Bloomberg since September 2016, first as a producer at Bloomberg Television and for the past year as a reporter in New York.Waller also interned at Bloomberg.Waller is a graduate of UNC-Chapel Hill in business journalism. While in school, she worked for Business North Carolina and the North Carolina…

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IoT News – Terbine Launches Global IoT Data Subscription Service

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Over 30,000 data feeds from all 50 states and 100+ countries now accessible via a single portal, searchable by both human and AI “users” saving time and effort in data acquisition for companies.Terbine announced today that it is offering subscriptions to its global IoT data trove to commercial users.The continually expanding index provides fingertip access to sensor readings generated by infrastructure, transportation, meteorology, energy, logistics and many other sectors. The system makes it possible, for the first time, for human users and AI’s alike to rapidly find and retrieve sensor information from sources around the world and apply it to…

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Washington Post’s Fifield leaving for The Dominion Post

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Anna FifieldAnna Fifield will be joining The Dominion Post and Stuff’s Wellington newsroom as editor. Currently, she is the Beijing bureau chief for The Washington Post.Her new role begins in October.Stuff editorial director Mark Stevens said:“Anna has a wonderful reputation; is an amazing journalist and we’re thrilled she’ll be leading our Wellington newsroom during these exciting times for our business.”Fifield began her journalism career with the Rotorua Daily Post and the New Zealand Press Association.She was also foreign correspondent for The Washington Post and Financial Times where she covered major stories including North Korea’s first nuclear test. She was also…

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How Reuters investigated RIte Aid’s use of facial recognition

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Jeffrey DastinJeffrey Dastin, technology correspondent for Reuters, explained how he investigated drug store chain Rite Aid and its use of facial recognition cameras in its stores.Here is an excerpt: “I had wanted to deeply explore an example of facial recognition’s use in the United States. I also had an interest in how the private sector was applying the software, when I heard Rite Aid had a program underway. Early conversations in which sources described one vendor’s links to China and problems with another supplier’s system led me to keep reporting.”Dastin shares some of the challenges during the reporting process: “I wanted…

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Reuters voluntary work from home extended to January 2021

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The following was sent to Reuters staffers on Thursday:Colleagues,I hope that you, your family and your friends are well as we continue to battle this pandemic around the world. Your health and safety are our first priority.We aim to be as clear as possible, to help you plan. The leadership team has therefore decided to extend our voluntary work from home period to January 11, 2021.Countries’ efforts to understand and tackle the pandemic are advancing but, as expected, the picture is uneven. Global health concerns, fluctuating changes in travel restrictions and discussions with our customers indicate this is the right…

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Victoria Beckham to axe 20 workers in bid to keep fashion brand afloat

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Victoria Beckham is set to make 20 staff redundant at her loss-making fashion label to ‘future-proof’ it after the coronavirus pandemic. The news comes just months after reversing plans to furlough employees. Mrs Beckham’s company, with its flagship Mayfair store which sells £2,000 dresses and £1,000 handbags, will also halve the number of annual fashion collections after being hard-hit by the Covid-19 crisis. The blow for the staff come just two months after she came under fire for deciding to furlough 30 members of staff. Public outcry prompted her to reverse the decision, insisting her team’s welfare ‘means everything to…

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Lloyds dives into the red as bank expects £3.8bn of bad loans

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Lloyds Banking Group has plunged into the red after it booked a £3.8bn provision for bad loans arising from the coronavirus crisis. Results covering the first half of the year showed a pre-tax loss of £602m compared to profits of £2.9bn for the same period in 2019. Lloyds said it had set aside £2.4bn for possible loan losses in the three months to June alone as the UK economy became mired in the coronavirus lockdown. It was almost £1bn more than financial analysts had expected. Such provisions have become a staple of bank reporting since the crisis began – with…

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IoT News – Avanci Launches 5G Licensing Platform for the Internet of Things

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New automotive licensing program reviewed by U.S. Department of Justice.Avanci, the one-stop platform for licensing wireless technologies for the Internet of Things (IoT), today launches its 5G automotive licensing program.This important step comes as the auto industry works to develop the next generation of connected vehicles, ensuring that this technology can be shared efficiently and affordably. 5G connectivity will deliver significant value to the automotive sector, building on the use of previous standards in connected vehicles. This program, part of Avanci’s new 5G IoT platform, will enable patent owners and IoT and automotive companies to share 5G standard essential wireless…

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Barclays sets aside £3.7bn as crisis hurts consumer business

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Barclays made provisions of £3.7bn in the first half of the year to cover possible loan losses as the coronavirus crisis took its toll on consumers and businesses. The bank’s latest financial results showed it set aside £1.6bn to cover bad debts during the second quarter – the three months to the end of June – as the lockdown in its core UK market came into full effect. The credit impairment charges and loan loss provisions came in about £200m above the expectations of analysts. They dented group profit before tax for the six months, which fell to £1.3bn compared…

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How Wired assesses and assigns stories

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Wired magazine has posted a tutorial on how it assigns and assesses story ideas.It writes, “WIRED is a publication about change—about the ways science and technology are reshaping the world and what it means to be human. While the subjects of WIRED stories run the gamut from deep dives into the biggest tech companies to Hindu extremism to space food to true crime, every story has technology, science, or innovation as one of its key variables.“The science fiction author William Gibson once said that the future is already here, it’s just unevenly distributed. WIRED stories are often about those places where the future seems to be welling…

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Former Vedomosti journalists launch new media outlet

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Ex-Vedomosti senior editors and journalists are launching a new media project, “VTimes,” with the aim to continue Vedomosti’s tradition of independent journalism and editorial objectivity, reports The Moscow Times.“More than ever before Russia needs independent sources of information that can be trusted and platforms for the free exchange of opinions and professional expertise,” Alexander Gubski, one of the project’s founders and the former deputy editor at Vedomosti, said.In addition, numerous former experts and columnists who wrote for Vedomosti have confirmed their cooperation with VTimes.Derk Sauer, Vedomosti’s founder and the publisher of The Moscow Times, will act as adviser for the…

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Bloomberg expands New Voices to black executives

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Bloomberg announced that its New Voices media training program will add a cohort of Black executives in the United States.“We specifically named the program New Voices to ensure we would try to address every dimension of under-representation,” said Laura Zelenko, senior executive editor for diversity, talent, standards and training at Bloomberg News. “And now we want to expand to launch a cohort specifically for Black executives in the U.S. to accelerate our progress in improving representation across our media platforms.”Bloomberg News launched the New Voices initiative in 2018 with the goal of increasing representation of women and other under-represented experts…

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Reuters launches video news channel on Plex

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Reuters announced the launch of a video news channel on Plex, the streaming media platform.Plex users will have access to Reuters news content 24 hours a day and seven days a week. Reuters video coverage will be delivered in 30-minute feeds that are updated throughout the day.“Reuters remains committed to providing trusted global news and we are delighted to join Live TV on Plex at a time where access to information has never been more important,” said Jess April, director of strategy partnerships at Reuters, in a statement.Reuters news on Plex will feature packaged video segments with each story presented…

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