Tag Archives: Wall Street Journal
by Chris Roush
Knox’s first day will be June 17, at the CFO Network 2013 in Washington, D.C.
In the past, she has been real estate editor at the Associated Press in New York, a real estate reporter in Washington, and before that, European correspondent, for USA Today, and automotive reporter for Bloomberg in Detroit and The Detroit News in Washington.
She has covered some of the biggest stories of our time, including the recent U.S. real estate and financial crisis, the Sept. 11 attacks on New York, the death of Pope John Paul II from the Vatican, NATO operations from Afghanistan, and the dot-com bust of 2000, according to her personal website.
She holds a degree in economics from the University of California at Berkeley.
by Chris Roush
Reuters managing editor Paul Ingrassia and Editor of Europe, Middle East and Africa Michael Stott sent out the following hiring announcement on Monday:
We are pleased to announce that a distinguished Reuters alumna, Alessandra Galloni, is rejoining the company as Southern Europe Bureau Chief and Enterprise Editor at Large this fall.
Based in Rome, Alessandra will oversee our news bureaus in Italy, Spain, Greece and Portugal, reporting to EMEA Editor Michael Stott. She begins in September.
Alessandra will succeed Barry Moody, who has led the southern European bureaus with distinction for the last three years while they were at the centre of the euro zone crisis. Most recently, he led our superb coverage of the papal and Italian elections and the latter’s turbulent aftermath. Barry, one of our most experienced correspondents and editorial managers, will leave Rome at the scheduled end of his assignment in late September. His next post will be announced in due course.
Alessandra returns from The Wall Street Journal, where she spent 12 years in London, Paris, Milan and Rome. There she covered European corporate beats including advertising, media and luxury goods, and was chief political and economic correspondent in Italy and later in France. She ran the WSJ’s Southern Europe bureau between 2006 and 2011, and has since been running the combined Italy bureau of the Journal and Dow Jones Newswires.
After a year at the Associated Press, Alessandra began her career in earnest at Reuters in 1996 on the Italian-language service in Rome, covering politics and the economy, before switching to general and political news on the international side. In 1999 she moved to London, where she took on the UK transport beat, covering British Airways, the dying UK auto industry and the seasonal leaves-on-tracks paralysis of the British railway system.
Alessandra led a team that won an Overseas Press Club Award in 2004 for coverage of the Parmalat scandal, and received the UK Business Journalist of the Year Award in 2005. This year, she co-wrote “From the End of the Earth to Rome,” an e-book on Pope Francis.
by Chris Roush
Dean Starkman of the Columbia Journalism Review has an excerpt from Ann Davis Vaughan, a former Wall Street Journal reporter that is a contribution to Ink Stained: Essays By the Columbia University Graduate Journalism Class of 1992, edited by JJ Hornblass, Michele Turk, and Tom Vogel. The book is self-published and on sale today at this link.
Vaughan writes about how the culture at The Journal has changed away from business journalism and away from investigative reporting.
I do not deny for a minute that the Journal is News Corp.’s paper to run, and that the business model must change for newspapers to survive. Good for them for trying. I also still believe the Journal is a quality business publication with terrific journalists, and it will continue to be one of the few papers with long-term staying power. But it is debatable whether subscribers to a flagship business newspaper like the Journal really want less financial and corporate news. Murdoch and Thomson love talking about how journalists at establishment papers feel entitled and presumptuous. I will concede this is sometimes true. But I would turn their point around: News Corp. feels entitled to ask highly skilled journalists to produce commodity journalism, in return for a relatively low salary in a dying industry.
If talented business journalists care at all about the long-term portability of their skills in a shrinking media world, succumbing to pack journalism in the crowded general news category is no way out. It makes senior, expensive reporters expendable. That was not the direction I wanted my career to be heading…
My career shift is not necessarily good for business journalism or Main Street investing. Increasingly, investors are paying investigative reporters like me to go digging exclusively on their behalf rather than publish our findings for a wider audience. But the exodus is inevitable as newspapers offer less space, time and money for investigative reporting. At least the investment world, which is infamous for missing red flags and failing to ask painfully obvious questions, is now getting more of it.
Read more here.
by Chris Roush
Peter High of Forbes.com interviewed Wall Street Journal tech columnist Walter Mossberg about his column, which began in 1991.
Here is an excerpt:
Peter High: Walt, I wanted to begin with the genesis of your journey. Your educational training is in journalism. You were at the Wall Street Journal for 18 years covering national and international affairs before you made a major change professionally and elected to focus on consumer technology with the commencement of your “Personal Technology” column in 1991. How did it occur to you to make this change?
Walt Mossberg: It dates back to 1981 and the purchase of my first computer, a Timex Sinclair. From an early stage, I was hooked. I spent more of my personal time as a tinkerer, training myself. What I found as I looked for technology advice was a dearth of technology writing that spoke to average users, not just hobbyists like me. Most of the writing was geared to people who were much more sophisticated, and it tended to use jargon that was foreign. I saw the need for something for a broader audience.
PH: Was it controversial when you proposed the idea?
WM: I originally proposed the column in 1990, when I was covering national security. With the end of the cold war, and a lot of the changes that were afoot in Eastern Europe, the idea was accepted; the timing was not right given my focus at the time. A year later, however, the timing was better, and “Personal Technology” was born.
Even more interesting was the reaction from friends and government leaders with whom I was regularly in touch at the time. I recall telling then-Secretary of State James Baker about this change, and he could not fathom why I would want to do it.
Read more here.
by Chris Roush
Nick Summers of TheNextWeb.com writes about WSJ Profile, The Wall Street Journal‘s new product that aims to take business away from LinkedIn.
Summers writes, “It looks awfully similar to LinkedIn, which is perhaps not surprising given The Wall Street Journal’s business-focused readership.
“It’s also worth noting that this isn’t just a revamped account system for avid The Wall Street Journal readers, however. The image shows a private messaging service, as well as areas where users can upload their own research, portfolio and blog posts.
“‘We will be able to build a network of like-minded people around the world, into a community,’ Fenwick added.
“WSJ Profile will launch in the next couple of weeks, although the Dow Jones CEO didn’t specify whether this will be a gradual roll-out or full international release.
“It will be a huge shift for The Wall Street Journal and has the potential to give the company a wealth of data about its users. This information could help News Corporation to deliver better targeted adverts, thereby increasing the click-through rate from its users and commanding higher advertising rates from its advertisers.”
Read more here.
by Chris Roush
Dow Jones & Co. executive editor Almar Latour sent out the following job promotions:
We’re delighted to announce that Liz Heron is promoted to Editor, Emerging Media, for The Wall Street Journal and Dow Jones. In this newly created role, Liz will unite the social media and mobile journalism staff into one team, with an expanded focus on multimedia innovation, realtime news and mobile engagement.
Within the new emerging media group, David Ho will take on an expanded role as Mobile, Tablet and Emerging Technology Editor for The Wall Street Journal and Dow Jones. Social Media Editor Neal Mann will take on a new role as Editor, Multimedia Innovations. David and his team will report to Liz, as will Neal.
The new group will help us serve a new generation of news consumers and change the way we communicate with our readers: Mobile news consumption is growing at a rapid clip and social media is proving an increasingly powerful engine of news and conversation, especially on smartphones and tablets. As these trends accelerate and compelling new forms of storytelling emerge, we are committed to producing cutting-edge digital journalism to engage our existing audience and attract new readers.
Liz is exceptionally well-prepared for this role. She is an experienced digital innovator who has led the social media team for the WSJ Digital Network since April 2012, when she joined us from The New York Times. Under her leadership, the social media team played an integral role in WSJ’s breaking news coverage of the Boston bombings and other major stories. The team has also won accolades for its innovative use of new social media/video platforms and engagement of young readers, and has driven a 50 percent rise in average monthly social media referrals since 2011. Liz’s previous roles include Social Media Editor at The New York Times, Innovations Editor for Foreign and National Security at The Washington Post, and Trends Producer at ABC News.
David Ho has led the WSJ mobile team since 2009, where he developed our family of mobile apps — including WSJ’s groundbreaking iPad app, one of the first in the newspaper industry. An experienced teacher, public speaker, and mobile-news visionary, David also leads daily news operations, curation and publishing for mobile audiences at WSJ. Before diving into mobile, he covered technology as a reporter.
Neal Mann joined WSJ as social media editor from Sky News in May 2012. He has helped pioneer the use of social media in news gathering and has a track record in innovative multi-platform journalism. Since joining the WSJ, Neal has focused on creating video designed specifically for social and mobile audiences.
Please join us in congratulating Liz, David and Neal on their new roles.
by Chris Roush
We’re building a platform. We’re no longer a place where you come and read the news. When you come and read your news and look at our content, you’ll be able to start doing many other things on our site other than just reading the news. If you build applications and you become a platform, it does lots of magical things that help us. It increases the customer’s stickiness. It means that customers spend longer on the site than he or she previously was. It allows targeted advertising as you start to understand more about your customer and what their interests are or what they make care about. It will allow us to start building a networking business. And it also gives us this extraordinary leverage to what we call the institutional business, such as our customers are the buy side for a large part of the institutional business.
WSJ Portfolio launched 12 short weeks ago with little fanfare, little press, no great publicity, has already attracted in those 12 weeks, $12 billion of assets on to our platform. You can sync your brokerage account, you can look at your brokerage accounts in aggregate and look at their historical performance, and see all of the news and the content in real-time come to you over email from The Wall Street Journal, Barrons and MarketWatch.
WSJ Profile. This is coming to you in a couple weeks. And we know that you’re all going to be excited for you to have your own WSJ profile. Just think about that. You’re going to be able to load your research, load page posts, load information about yourself, show people your job, photographs of yourselves. And we will be able to build a network of like-minded people around the world into a community.
I just want to take a few more minutes to talk to you a little bit about our institutional business. We have 4 great brands today which some of you may be familiar with: Dow Jones Newswires, Factiva, a Dow Jones private equity CC database, and a Risk & Compliance business. We have recently brought all of these products together in a brand-new product code-named DJX, one product, one price and one standard contract. We already have in the institutional business, 41 of the world’s governments, many of the world’s central banks, 70 of the top Fortune 100 companies.
Some of the interesting things we’re going to be doing with DJX. First of all, we’re going to deliver this product over a browser, over the Internet. That means that when you write a function or an application, it immediately scales and works on a mobile device, such as a tablet or a mobile phone. So every single time we write a new function, we don’t have to rewrite it. It just works immediately on a mobile device. And in fact, if any of you would like to, we have a display out back where you can go and look. We’re going to build, and in fact, have already built and are using internally a proprietary messaging platform, a messaging platform where you can talk with each other but we don’t have any of the content at Dow Jones. It is strictly stored on your servers, and we can’t see what you’re saying to each other, that’s a first.
DJ Dominant. This is going to be one of the most disruptive newswires you have ever seen. This is the best of what The Wall Street Journal and Dow Jones do every single day with a 2-minute time advantage. Robert talked about the great value of content and how it diminishes over time. Our customers at DJX will get the new DJ Dominant newswire. And so the 2,000 reporters around the world, when they break news or they have something that is unique, a scoop, analysis, that will go first to DJ Dominant.
Read the entire transcript here.
by Chris Roush
Pui-Wing Tam, the former deputy bureau chief of the Wall Street Journal’s San Francisco bureau, will join Bloomberg next month as the Team Leader running Silicon Valley tech coverage, succeeding Tom Giles.
Pui-Wing has broad knowledge of Silicon Valley companies, consumer electronics, venture capital and business technology. She was the first to report the ouster of Carly Fiorina by the Hewlett-Packard board and then found herself pre-texted by the board as it tried to uncover leaks. She will lead Bloomberg’s West Coast technology reporters who contribute across all platforms, from the terminal to Bloomberg Businessweek, television to Bloomberg.com.
Tam joined Dow Jones & Co. in 1995 as a staff reporter for The Asian Wall Street Journal, and subsequently joined the staff of The Journal in 1998. Before joining Dow Jones, Tam interned at the Economist and at New York Newsday in 1994.
In 1998, Tam was part of a team of Journal reporters that won an Overseas Press Club Award in 1998 for its coverage of Asian financial crisis, and won the TJFR 30 under 30 in 1998 and 1999.
Born in Hong Kong, Tam received a bachelor’s degree, with honors, from Oxford University, and a master’s degree from Columbia University.
Pui-Wing will report to Giles, who will move to New York to become managing editor of U.S. company news.
by Chris Roush
Wall Street Journal business editor Dennis Berman sent out the following staff opening on Tuesday afternoon:
The Wall Street Journal is seeking a reporter to cover the engine that drives much of U.S. economy: small businesses and entrepreneurship.
The right candidate has a passion and people skills to report on the go-getters and the risk-takers who are the embodiment of the American Dream, and chronicle the gumption it takes to invest one’s savings and build a company from scratch.
The reporter must have at least four years of experience, and a desire to get out of the office to develop sources and report. Small businesses and startups tend to be nimble, resourceful, creative – and fun to cover. They’re often the underdogs in their industry, facing fierce competition from deep-pocketed corporations. All this makes for plenty of real-life drama and fodder for great multi-media coverage.
We are looking for a reporter with a flair for writing, an eye for dramatic detail, and a good touch with people. The reporter must work collaboratively across the Journal’s bureaus, and write major stories packed with insights on the news and trends. Big issues and themes this year include: the new U.S. health-care law, the skills gap, immigration and entrepreneurship, equity-crowdfunding, and technology.
Interested? Contact Vanessa O’Connell, Gabriella Stern or Dennis Berman.
by Chris Roush
Wall Street Journal managing editor Gerard Baker sent out the following staff promotion on Wednesday:
I’m delighted to announce that Dave Pettit is appointed Editor, Institutional News and Data.
In this newly created role, Dave will oversee the transition of our newswires platform to the digital age — a change that is critical to the success of the entire newsroom. Drawing on the strength of an integrated news organization, Dave will lead the launch of several specialized coverage areas, or “Dominants”, as well as the development of a digital news service, provisionally branded “DJX”. In addition, Dave will continue his leading role in the newsroom integration project.
Dave has broad experience in real-time and digital journalism. He was part of the team that launched WSJ.com and eventually became the site’s deputy managing editor. At the Online Journal, he directed overall news coverage, developed multimedia and oversaw the site’s most far-reaching redesign so far, in 2008. Following his tenure at WSJ.com, Dave helped launch new products for the Journal and Dow Jones Newswires, including market data and Dow Jones FX Trader. He worked as an editor and reporter for Dow Jones Newswires in New York from 1989-1995.
He will report to Almar Latour.