Henry Blodget, the CEO of Business Insider, notes that Google is deriving more from advertising revenue than are U.S. newspapers and magazines combined: $60 billion this year. He told a BI conference today that, even though there are declines in those sectors to render their numbers soft, the Google growth is swift and sure.
The 60 Minutes apology Sunday for its Benghazi segment continues to face criticism. Amy Davidson, writing for The New Yorker, critiques the effort of the CBS program to research (a year, it claims) and correct (by pulling the content down, rather than create an accurate version). And Paul Farhi of the Washington Post looks at the career, and some of the controversy, of correspondent Lara Logan. While some of Farhi's report concerns her image more than her output, he notes some of her statements have left questions about her journalism.
Michael Bloomberg, the outgoing New York mayor and owner of Bloomberg News, has stepped in to defend his news organization's handling of stories from China. Bloomberg, who is still a couple of months away from direct involvement back at the news service, says his editors have told him they did not suppress stories out of any fear of backlash from Chinese authorities. The New York Times, which reported last week that Bloomberg News had spiked corruption stories, reported on Bloomberg's comments.