Media Navel Gaze: October 21, 2013
The Week Unpeeled
Big Money Week All Around: Well, the government is back up and running but no shutdown on the debate as the divide continues on budget ahead of the Dec 13 deadline to reach next deal.
- Googled this: It will take a Cleveland to buy a share of Google stock now (yup, it’s Grover image on the rare $1,000 bill);
- SAC Capital has reportedly agreed (in principle) on penalty charges of $1.2 billion to $1.4 billion, which would be the largest to date for an insider-trading case;
- The Dow ended the week 1.1 percent higher to close Friday at 15,399 and the S&P clocked in a record high of to finished at 1,744;
- Going Plaid: Apple hired Burberry CEO Angela Ahrendts to head its retail efforts with an emphasis on online merchandising;
- Glenn Greenwald, the lawyer/journo from The Guardian who was the first to publish Edward Snowden documents, is leaving the UK paper for a “once-in-a-career dream journalistic opportunity,” which reportedly seems to be bankrolled by eBay founder Pierre Omidyar;
- New York magazine is reportedly considering moving to biweekly in 2014 although no firm decision yet made;
- Thomas S. Foley, House speaker from Washington state died; and
- Boldefacers Beware: Richard Johnson, who ruled as chief ear and scribe of Page Six in the New York Post, returns to the tabloid with a new column several times a week.