TVNewser Show TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Posts Tagged ‘Kara Swisher’

Yahoo Cuts 14 Percent of Its Workforce

Yahoo announced that it was eliminating 2,000 jobs this morning–more than 14 percent of the company’s 14,000 employees.

“Today’s actions are an important next step toward a bold, new Yahoo! — smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require,” Yahoo CEO Scott Thompson said in a statement. “Unfortunately, reaching that goal requires the tough decision to eliminate positions.”

AllThingsD, which broke news of the cuts last night, says the carnage most likely isn’t over. According to the site’s Kara Swisher, this brutal round of cuts “is just the tip of the proverbial iceberg that will hit the storied Silicon Valley Internet giant in the months to come.” Swisher says the axe will come down hardest on Yahoo’s ad tech and search businesses, while the company may look to expand in other regions in the near future.

Given the company’s very public emphasis on content creation over the past few months, it sure looks like Yahoo is abandoning its Silicon Valley origins and going Hollywood. The site can’t compete with Google in terms of innovation, but it still has a massive user base. They’re obviously doubling down on the hope they can land premium ad bucks if they can get people watching some decent original programming,

Bloomberg News, Others, Take Home Multiple Loeb Awards

Bloomberg News, The New York Times and The Wall Street Journal each won multiple Gerald Loeb Awards, which recognize excellence in business journalism. Matthew Winkler, Bloomberg News’ Editor-in-Chief, said of grabbing multiple wins, “As there is no greater measure of respect than to be honored by our peers, we are grateful to be recognized with seven Loeb finalists and three Loeb winners, all of them advancing the public interest.”

The awards were presented last night. Below are the winners, congrats to all.

Bloomberg News:

Read more

AOL’s TechCrunch Editor Michael Arrington Says It’s ‘Fine’ to Invest in Companies He Writes About

Yesterday, TechCrunch editor Michael Arrington widely announced via blog post that he is returning to startup investing in many of the companies TechCrunch is known to cover. As he states himself, “there will be financial conflicts of interests in a lot of my stories.”

And he is not at all sorry about it! “I think that this will all be fine,” he writes, with a remarkable amount of confidence, as long as he promises to disclose his conflicts as he writes about them.

Business Insider asked AOL if it is corporate policy that journalists are allowed to invest in the companies and industries they write about. The answer: No, they are not allowed to do that, unless they are named Michael Arrington. From AOL’s statement:

Michael Arrington operates from a unique position.  He was an investor in technology companies and start-ups before he started TechCrunch, and his extensive knowledge of, and involvement with Silicon Valley is one of the very things that has made TechCrunch a must-read site.

Is this whole ethical overhaul making you feel a little uncomfortable? This is what Arrington said about his potential detractors: “Other tech press will make hay out of this because they don’t like the fact that we are, simply, a lot better than them.”

Ouch! We bet none of his inferior competitors would dare criticize him now!

Well, not quite. Not everyone thinks this new order “will all be fine.” Tom Foremski writes for ZDnet.com:

Read more

AOL Fires Moviefone Editor Who Offered Fired Freelancers Chance to Work for Free

Earlier today we reported that freelancers at AOL’s Moviefone/Cinematical were fired, and then, sweetly, offered the chance to work for free.

Shortly afterwards, we received a follow-up in which Patricia Chui, Editor-in-Chief of Moviefone, issued an apology of sorts to freelancers, where she attempted to clarify that “we have not been asking freelancers (i.e., any of you) to become unpaid bloggers.” (Except, of course, that she had.)

Now, Kara Swisher reports that today, sources said that Chui was fired by John Montorio, the HuffPo Media Group’s culture, entertainment, and lifestyle editor.

That was fast! But considering all of the bad publicity HuffPo has gotten for unpaid bloggers, and its effort to refashion itself as an outlet based on traditional journalism, Chui’s email was incredibly ill-advised.

Apparently it was not the first time Chui had made a serious gaffe.

Read more

FIRED: Moviefone Editor-in-Chief Patricia Chui

The same editor who yesterday informed freelance contributors to AOL properties Moviefone and Cinematical that most of them were out of a job was herself let go today. Moviefone editor Patricia Chui has been taking heat in the media world for inviting the fired writers to continue writing for the websites — as unpaid bloggers. Kara Swisher of All Things Digital has the details:

Sources said Chui was terminated by John Montorio, the HuffPo Media Group’s culture, entertainment and lifestyle editor. Arianna Huffiington is head of all content at AOL, which recently paid $315 million to buy the Huffington Post.

This is the second time in as many months that Chui has come under fire for clumsy management. In March, she defended a Moviefone marketing employee who asked a TechCrunch writer to alter a published story because a film studio had complained.

Media Giants Gang Up on News Reader App Zite over Alleged Copyright Violations

The Apple iPad news reader app Zite has been making some powerful enemies.

Kara Swisher reports that a round-up of scary media giants including The Washington Post, AP, Gannett, Getty Images, Time, Dow Jones, and many other organizations issued a cease-and-desist letter today to Zite, a content aggregator, citing a ton of copyright violations.

“The Zite application is plainly unlawful,” said the letter to Zite CEO Ali Davar.

“It’s a bummer that they did this, but we expected it,” Davar told Swisher, sounding less terrified than we would have thought. Yeah, it does seem like sort of a bummer.

Davar said Zite, which aggregates personalized content by getting cues from user interest, would comply with the cease-and-desist letter by shifting the content from its “reading” mode to a Web one, which actually points to publisher sites.

AOL Is Folding 30 of Its Brands After Huffington Post Merger

It’s time to take stock of what is left standing at AOL after the massive cleaning taking place in light of the merger with Huffington Post.

Pre-merger, if you compared AOL and Huffington Post section by section, there was a considerable amount of overlap between the two sites. Post-merger, it’s up to Arianna Huffington to decide which sections stay and which sections go, based on whether the AOL version or the Huffington Post version is more profitable or promising.

The site slashing has begun. Forbes reports:

All told, some 30 brands will be “integrated” into other properties… Among those to be absorbed are Politics Daily (folded into HuffPost Politics), Walletpop (folded into Daily Finance), Urlesque (folded into HuffPost Comedy), Luxist (folded into Stylelist) and TV Squad (folded into AOL TV).

But all the merger casualties are not just on the AOL side; as Kara Swisher notes, “It goes both ways, though–the Huffington Post’s travel site will be closed in favor of AOL’s stronger offering in that arena.” Other popular AOL brands, such as its PopEater celebrity site and its StyleList fashion site, will keep their names but no longer exist as separate destination sites.

AOL Looks To Trim One Third Of Staff

aol logo.jpgIt looks like last week’s layoffs were only the tip of ice berg for AOL. As predicted, the company said today that it was looking to trim its workforce by one-third as it prepares to spin off from its parent company, Time Warner, next month.

Reports say AOL is looking for up to 2,500 volunteers through a voluntary buyout program that will run from December 4 until December 11. If more cuts are needed after the buyout offer period ends, then there will be layoffs as AOL seeks to trim $300 million from its annual operating expenses.

As a consolation, CEO Tim Armstrong is giving up his 2009 bonus. It’s an expensive promise, since his bonus is expected to be within the $1.5 million to $4 million range. A nice gesture, but still of little comfort to thousands of employees whose jobs are on the line.

Update: Kara Swisher of All Things Digital reports that those AOL employees offered a voluntary buyout package are facing a difficult decision: AOL is offering “those who ‘volunteer’ to leave the company now a departure package that ranges from three to nine months of pay, compared to one to four months for employees laid off in the first quarter of next year.”

AOL To Reduce Work Force By One-ThirdWall Street Journal

Earlier: 200 Expected To Be Let Go from AOL Today

100 Expected To Be Let Go From AOL Today

aol logo.jpgAOL is expected to cut 100 jobs today, according to various reports. The move comes one week after AOL’s parent company Time Warner announced its third quarter earnings and its magazine division, Time Inc., started cutting jobs of its own.

However, as Kara Swisher at All Things Digital reports, today’s cuts are probably just a little bump in the road before “the Big One,” which will come once AOL completes its spin off from Time Warner. Following the completion of that deal, which is expected next month, upwards of 1,000 people could lose their jobs. Swisher also said that voluntary buyouts might be offered to staffers in order to reach that final number.

Here’s hoping that after all these cuts, the new AOL will be streamlined enough to survive for the next few years without any more layoffs.

AOL: Small Layoff Today, a Voluntary Buyout and, Then…the Big One –All Things Digital

Related: Former Time Inc. Exec On Recent Cuts: Positioning For A Better Future

Lunch: Christiane Amanpour Draws an A-List Crowd

homepage_graphic04_large.jpg

— DIANE CLEHANE

On the menu at Michael’s today: a tasty stew of media mavens and moguls with a heaping helping of famous faces on the side. We could barely keep up with the goings-on in the dining room, since every other minute there was some boldface name heading to the Garden Room for CNN’s lunch to celebrate Christiane Amanpour‘s new show. We spied Gayle King, Cynthia McFadden, Joni Evans, Gloria Steinem, and Harry Evans among the scribes invited to cover the soiree. (Nice to see you, Steve Krakauer!) Our own TVNewser Kevin Allocca editor was there, too.

I was lunching today with Carrie Kania, senior vice president and publisher of It Books and Harper Perennial. It Books, HarperCollins’ hip new imprint, is tapping into the zeitgeist with a fall list brimming with of-the-moment tomes including Twitter Wit (Who knew so many people could write such witty Tweets?) and the just released I Love Your Style by the uber stylish Amanda Brooks. “I love the book because it shows how fashion evolves,” Carrie told me. I Love Your Style is full of fabulous images of timeless style icons like Jackie Kennedy, Ali McGraw and Charlotte Rampling as well as today’s trendsetters like Natalie Portman. It’s also got plenty of great ideas and tips on how to identify and develop a style that’s truly one’s own. Carrie is just as passionate about the classics on Harper Perennial’s backlist. “So many 13 and 14 year-old girls have not read The Bell Jar; I want to help them find it.” Seems like Carrie is on a mission to get everyone she can excited about publishing: she’s also teaching the New York University graduate course ‘Introduction to Publishing.’ Says Carrie of her gig that spends eights weeks focused on books and another eight on magazines: “I take the students through every step from acquisition to marketing. The mentoring I got early on was invaluable to me, and I want to help people like that. There is no better business to be in.”

Here’s the rundown on today’s crowd:

1. My good friend, public relations maven Lisa Linden (Happy Belated Birthday!) and her partner, Steven Alschuler — their firm, Linden, Alschuler & Kaplan works with plenty of Gotham’s movers and shakers in real estate, government and philanthropy, in case you didn’t know — with former senator Nick Spano and his colleague from Empire Strategic Planning, Perry Ochacher.

2. Most of the ‘Imber Gang’: Dr. Gerald Imber, Jerry Della Femina and Andy Bergman. Where were Jeff Greenfield and Michael Kramer?

3. Diane Sokolow and a formidable-looking fellow we didn’t recognize

4. Producer Bill Haber and television legend Norman Lear

Read more

<< PREVIOUS PAGENEXT PAGE >>