Slashing carbon an epic endeavour

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Madu Venkatesan has no reservations about setting an ambitious expectation for Western Australia to cut carbon emissions, a view shared by many of her politically active peers. “(We need) a really radical shift in the way we as a society operate,” 21-year old green advocate Ms Venkatesan said. “Dreaming big and aiming high, possibly beyond our means, is vital.  “There’s not enough time to be timid on this stuff. “I’d like to see net negative (carbon emissions) by 2030.” Net negative emissions would mean WA absorbs more carbon emissions than it produces, through abatements and sequestration below ground. (click to…

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Fake news story sends railroad stock soaring

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Shares of Kansas City Southern soared last week after a fake Spanish website reported that it would be bought for a higher price than initially offered, reports Crystal Kim and Heather Perlberg of Bloomberg News.Kim and Perlberg report, “But a dispatch last Thursday from a website called El Negocio said Blackstone and a partner were preparing a bid that raised the implied value by $3 billion.“That sent the stock to a record, with Kansas City Southern closing the session among the 15 biggest gainers on the S&P 500. The next day, the article disappeared.“‘While we never comment on deal speculation,…

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NY Times promotes Patil to post of senior social editor

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Anushka PatilAnushka Patil has been promoted to the post of senior social editor at the New York Times.Patil will continue to work closely with Audience Product to develop reader-facing products that attract and retain new audiences and to work on internal tools to help the social team do their work better.Previously, Patil was working as a news curation editor at BuzzFeed News and before that she was a social media intern at the company. She has also served as a junior analyst/content and SEO at Perfect Search Media.Patil was also a fellow at Northwestern University Knight Lab and has held…

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Tepper joins Forbes Advisor as retirement writer

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Taylor TepperTaylor Tepper has joined Forbes Advisor as a retirement writer covering retirement and investment.Previously, Tepper was with Wirecutter where he worked as a senior writer covering personal finance.Tepper has also worked at Bankrate.com as a financial planning writer and analyst. He also covered everything related to investing, savings and credit as a staff writer for Money Magazine and also served as a currencies reporter at Bloomberg.Prior to that, Tepper was a planet money intern at NPR and also worked as a business reporting intern at The Daily.Additionally, he was a freelance correspondent at Tampa Bay Times and held the…

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American Inno connects websites with ACBJ papers

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American Inno, which covers startups, technology and growth in 14 markets, is connecting its websites with its sister business news publications at American City Business Journals.A post on its website states, “By being on this platform, Inno will be able to tell more stories and reach more people, as well as benefit from the tools, services and expertise of one of the country’s largest local newsrooms and operations.“What’s changing? Beyond providing more value faster…nothing much. We have a new look and layout, with a focus on a cleaner, more mobile-friendly aesthetic. It’ll now be easier to find and access our…

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Biz journalist Dimond, editor of Pulitzer winner on SEC, dies at 81

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Thomas F. Dimond, 81, a former business editor of the Washington Star who moved to The Washington Post and edited a Pulitzer Prize-winning investigation of the Securities and Exchange Commission, died July 31.A story in The Post states, “Mr. Dimond had worked at the Star for more than 20 years when it ceased publication on Aug. 7, 1981. Soon afterward, he joined The Post as an assistant financial editor.“Mr. Dimond immediately became a cornerstone of The Post’s financial and economic coverage. He oversaw Post investigations of insider trading scandals that convulsed Wall Street in the late 1980s and was a…

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News media critic Doctor to set up news outlet

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Ken DoctorOver the past 15 years, Ken Doctor has served as a news media industry critic. Doctor started out as publisher and editor of an alt weekly and he also warns about hedge-fund ownership of news outlets in a column he writes for Harvard University’s Nieman Journalism Lab, reports New York Times.He has also worked as a consultant for media companies and is also the president of Newsonomics. He also held the same post at Content Bridges.Additionally, he has also worked various editorial roles at Knight Ridder New Media, Saint Paul Pioneer Press, Boulder City Camera and Oregon Magazine.Now, at…

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Dow Jones total subs hit 3.8 million, WSJ subs grew 15 percent in the fourth quarter

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Dow Jones & Co., the parent company of The Wall Street Journal, MarketWatch.com and Barron’s, reported fourth-quarter revenues declined $16 million, or 4 percent, to $382 million, according to the earnings press release from parent News Corp.The decline was primarily due to a drop in advertising revenues, which were impacted by COVID-19, partially offset by growth in circulation and subscription revenues.Digital revenues at Dow Jones in the quarter continued to rise and  represented 71 percent of total revenues compared to 63 percent in the same quarter of the prior year.Circulation and subscription revenues increased $16 million, or 6 percent, driven…

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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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