What We’re Reading

We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more.

Gizmodo / Matt Novak

The L.A. Times’ Quakebot accidentally reported a 92-year-old earthquake as breaking news →

“Please note: We just deleted an automated tweet saying there was a 6.8 earthquake in Isla Vista. That earthquake happened in 1925.”

What else we were reading on June 22

BU Today / Sara Rimer

A new computational-modeling study evaluates the impact of fake news on real news →

“The three biggest findings were: a) fake news stories do influence what online news organizations report, b) in particular, online partisan media have a reciprocal relationship with fake news — that is, they influence what fake news purveyors write about, and in turn, are then influenced by these fake news stories, and c) fact-checkers are not influential in the reporting of online news media.”

Digiday / Lucia Moses

A BuzzFeed IPO could threaten the innovation that helped it grow →

“Going public means being beholden to quarter-to-quarter earnings, which is less hospitable to taking risks that may not pay off.”

Digiday / Max Willens

Limited in their ability to monetize video on Facebook, publishers eye video-licensing opportunities →

“While licensing isn’t a big source of revenue for most publishers yet, those with a head start see a lot of runway. Electus Digital, the parent company of CollegeHumor and Dorkly, has licensed its digital video series to over 10 different platforms since 2015. Shane Rahmani, its evp and gm, said he expects video licensing to contribute a third of Electus Digital’s video revenue in the next five years.”

London Evening Standard / Jonathan Prynn

Bloomberg’s new London office won’t have a cafeteria to encourage employees to go outside →

“Mr Bloomberg, 75, told the Standard that the communal ‘pantry’ area on the sixth floor of the £1 billion building will supply coffee and snacks such as porridge pots but not lunch ‘because I want people to get out and enjoy the local economy.'”

Medium / Jeff Jarvis

A proposal to start a responsible, reliable, reasonable conservative news organization →

“America needs a new, fact-based, journalistic, and intelligent conservative news outlet to report (and not merely comment upon) the nation and the world from the worldview of the right. This is a solid business opportunity. And the timing is right.”

Hunter Walk / hunterwalk

A Hunter Walk Q&A with Tommy Vietor, host of Crooked Media’s Pod Save the World →

“We’ve tried to do a better job of not just talking about what awful thing happened that week, but also helping listeners understand what they can do about it. That last step is what I think distinguishes us from even progressive news outlets.”

The Next Web / Abhimanyu Ghoshal

Verizon-owned Yahoo is killing off the best app it’s ever made →

Yahoo News Digest, a well-designed news app that puts out two finishable digests each day, is shutting down on June 30.

Facebook

Facebook introduces new tools for Group admins, including metrics →

Could be useful for all those private groups that publishers are launching…