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Media Navel Gaze: September 16, 2013

Mark Kollar  Follow

Media Navel Gaze

The Week Unpeeled

Most of the business headlines were overshadowed by the Syria strategy flip flops until Twitter announced on, well, Twitter its plans to go public  -- full stop.  No details were forthcoming, using Jobs Act regulations that make disclosure unnecessary for companies under $1 billion in revenue and easy to tell all in 140 characters; Goldman won the IPO mandate and the news even made the full front page of The New York Post, showing media loves to cover media.


  • Tina Brown announced she was leaving The Daily Beast and publishing all together (at least for now) and focusing on a conference company based on her Woman in the World summits;
  • Bloomberg appointed executive editor Tim Quinson (an insider?) to be its standards editor, a new position put in place following the discovery that journalists were improperly accessing customer data;
  • Apple launched two new iPhones, one cheaper and in color and one fancier with fingerprint sensors;  investors did not bite;
  • In an apparent first, Bloomberg Businessweek  was behind a documentary on former Treasury Secretary Henry Paulson called Hank, which debuted last week in time for the five-year anniversary of the financial crisis and will be available on Netflix;
  • Verizon offered a  whopping $49 billion in bonds last week for its acquisition of its wireless business amid whopping demand;
  • The Dow shape-shifted removing Hewlett-Packard, Bank of America and Alcoa and added Nike, Goldman Sachs and Visa; and
  • The blue-chip average soared 3 percent last week to end Friday at 15,376, the biggest gain since the first week of the year. End of Story

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