President Barack Obama spoke extensively Friday on security and surveillance issues, seven months after Edward Snowden began leaking secrets about the National Security Agency's activities. Obama has promised mild reforms to the agency's work. The Freedom of the Press Foundation, though, believes the measures are not nearly enough to help journalists protect vital sources of information. And Glenn Greenwald, who reported most of Snowden's early leaks, believes the moves are mere public relations to mollify Americans. Surveillance that provoked outrage will not change, he says.
The prominent research and marketing firm, Borell Associates, reports that three-quarters of advertising will continue to flow to legacy media this year. But by 2018, any legacy growth will be done. In an interview with StreetFight, firm leader Gordon Borrell says legacy firms should treat digital as innovation, not extension.
Earlier this week AOL offloaded its hyperlocal Patch online news service to a hedge fund in a form of a partnership. FOX Business News is reporting that Patch will be dismantled, with elements sold to others and decisions made shortly on personnel and operations to be dismissed.