Publishers blame Facebook for layoffs caused by inaccurate metrics – Business Insider

A new complaint to a lawsuit against Facebook claims the social network significantly inflated a video metric that measured time spent. Publishers are furious about the lawsuit and are blaming the miscalculated metric for forcing the industry to shift from text to video. Between February and July 2016, seven major publishers like Mic and Fox…

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A new journalism conference wants to tackle power equity in newsrooms | Poynter

In this newsletter and column, we talk about power a lot: how to get it, how to share it, how to do good with it. And if you’ve been to any journalism conference or workshop lately, they’ve almost certainly touched on diversity. OpenNews is an organization dedicated to supporting newsroom developers, designers, journalists and editors…

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IPO Market Has Never Been This Forgiving to Money-Losing Firms – WSJ

Stock investors are welcoming money-losing companies into the public markets this year with open arms. About 83% of U.S.-listed initial public offerings in 2018’s first three quarters involve companies that lost money in the 12 months leading up to their debut, according to data compiled by University of Florida finance professor Jay Ritter. That is…

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The Race Is On to Challenge Google-Facebook ‘Duopoly’ in Digital Advertising – WSJ

The U.S. digital ad market grew by nearly $12 billion last year, with Google and Facebook collecting 77 cents of each new dollar spent, according to eMarketer. Peter and Maria Hoey June 19, 2017 5:30 a.m. ET Facebook Inc. FB -2.59% and Alphabet Inc.’s GOOGL -0.02% Google tower so far above the rest of the…

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