Media Navel Gaze: October 21, 2013

Mark Kollar  Follow

Media Navel Gaze

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.

El$ewhere:

  • 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. End of Story

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