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Posts Tagged ‘Larry Kudlow’

Morning Media Newsfeed: Newsweek Controversy | Mexico Moves on Telco | NJ President Out

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newsweek bitcoin

Controversy Marks Newsweek’s Comeback (The Associated Press)
A mystery man. A splashy reveal. A media frenzy. Newsweek staked its return from the dead Friday on a story it knew would get attention. A cover story claiming it had uncovered “the face behind Bitcoin,” the world’s most popular digital currency. Twenty-four hours after identifying Bitcoin’s creator as a 64-year-old former defense contractor employee living in Los Angeles, the controversy over whether or not Newsweek had outed the right man was so furious that Newsweek reporter Leah McGrath Goodman made the rounds on Bloomberg TV and CBS Morning News to defend her reporting against Dorian Nakamoto’s denials that he is the father of Bitcoin. Mashable For the first few hours after the article was published online Thursday, Newsweek enjoyed the kind of attention that most publications would kill for. The Bitcoin story dominated the conversation on social media; 700,000 readers had viewed it as of 5 p.m. ET on Thursday. It went on to top 1 million views. FishbowlNY Within the first few hours of the story’s release, however, Nakamoto emerged to deny any involvement with the digital currency, prompting a media frenzy. In a two-hour interview with the AP Thursday, Nakamoto denied having any involvement in Bitcoin, and the only reason he had ever heard of it was because a Newsweek reporter contacted his son three weeks ago. Nakamoto also said that during a brief interview at his home, McGrath Goodman misunderstood him (English isn’t Nakamoto’s first language). Politico / Dylan Byers on Media The account that created Bitcoin in 2009 has also suggested that the Newsweek story is inaccurate: “I’m not Dorian Nakamoto,” said the account holder, whose online name is Satoshi Nakamoto, according to USA Today. Newsweek In a statement released Friday, Newsweek defended the story: “Goodman’s research was conducted under the same high editorial and ethical standards that have guided Newsweek for more than 80 years. Newsweek stands strongly behind Goodman and her article”

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Roger Ailes, Barry Diller & The Squawk Box Super Heroes

1003_mockup.gifHail! Hail! The Wednesday gang is all here. The lunch scene at Michael’s was firing on all cylinders today as moguls (Barry Diller! Roger Ailes!), high-profile editors (David Zinczenko, Cindi Leive) and a heaping helping of talking heads (Kathie Lee Gifford, Ashleigh Banfield, Joe Kernen, Larry Kudlow and Andrew Ross Sorkin) made for a tasty media stew. There was actually gridlock in the dining room as the famous and fabulous stood in the aisles to intercept friends (and possible future employers?) on their way to their tables.

The biggest crowd was circling around Table One where Hollywoodlife.com’s Bonnie Fuller and Gerry Byrne (who is on parent company Penske Media Corp’s board) were hosting their monthly lunch where they bring together an interesting mix of folk to “cross-pollinate” says Bonnie, who leads the group as they chew over the latest trends in media (particularly in the digital space) and weigh in on how it affects their respective businesses. Gerry was the lone man among a table full of opinionated, highly successful women who weighed in on everything from reality stars — we learned Ashleigh Banfield is more than a little obsessed with the Kardashian sisters — to intellectual property. Designer Heather Thomson told the group that she spent $2.5 million in a lawsuit against lingerie giant Maidenform when she charged them with copying her patented three-panel tank top. She was awarded $6.57 million as settlement. Her takeaway: “Innovation needs to be protected.”

Leading the cheer for all that is digital, Bonnie said, “I’m so happy I crossed over from print” and is hooked by the immediacy of it all. “As a magazine editor, I felt like I was having a one-way conversation so much of the time,” she said of her stints as editor- in-chief at Glamour, Us Weekly and Cosmo. “At Hollywoodlife.com, we are intensely focused on our relationships with women with a need to know about the things they are about right now.”  Bonnie says the site is now getting 4.7 million monthly uniques who come to get their fix on everything concerning Robert Pattinson and Kristen Stewart, Justin Bieber and the Kardashian sisters.

Michael's restaurant NYC
The gang at Table One

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