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Hive Business and Financial News
MEDIA

Washington Post Publisher Will Lewis and Incoming Executive Editor Robert Winnett Used Stolen Records While Reporting in Britain: NYT

The bombshell article, released on Saturday night, comes during a tumultuous time for the legacy news organization.
Big Tech

Apple’s AI Approach Is a Welcome Break From the Industry Arms Race

The tech giant took some heat this week for its “uninspired” foray into AI, but a more measured pace is just what Silicon Valley needs.

WallStreetBets, GameStop, and the “Swirl of Distrust” That’s Electrifying the Stock Market

In an interview with Vanity Fair, Nathaniel Popper traces the origins of an unprecedented financial saga—and explains how it’s given rise to a new class of retail investors that are keeping institutional investors on their toes: “They very much realize the power of this young online world.”
Media

“I Can’t Sugarcoat It Anymore”: Will Lewis Bluntly Defends Washington Post Shake-Up

Addressing a rattled newsroom in the wake of Sally Buzbee’s resignation, the Post’s CEO and publisher stressed the need for taking “decisive, urgent action to set us on a different path.”
take five

Rupert Murdoch Marries Elena Zhukova

Fifth time's the charm, isn't that what they say?
true colors

“I’d Like to Get on a Winning Streak—That’d Be Fun”: Steve Cohen on Bringing Contemporary Art to the Mets

Amid a truly rough season on the field, the Mets owner and mega-collector is merging two of his passions and enlisting artists such as Joel Mesler, Rashid Johnson, and Sarah Sze to make gallery-worthy giveaways.
Sports Media

Charles Barkley Goes Rogue in NBA Rights Fight

The Inside the NBA cohost is unloading on Warner Bros. Discovery chief David Zaslav as the future of TNT’s basketball broadcasts is in limbo. “They’ve done a really shitty job of keeping us abreast,” Barkley said Thursday.
Legal Eagle

How Lisa Rubin Became MSNBC’s “Eyes and Ears” at the Trump Trial

The corporate lawyer turned correspondent is having a moment on the cable news channel, relaying all the daily drama from the camera-free courtroom. “We have to bring all of those vivid details to people’s living rooms,” she says.
Media

Meet “the Inspector General” of the New York Times Newsroom

Charlotte Behrendt’s “prosecutorial” style in probing internal Times matters has rankled some journalists, who question her methods and fear her requests. “If you get called into a meeting and Charlotte is there,” says one former editor, “that’s generally not a good thing for you.”
Money Talks

How Venture Capitalists Are Using Podcasts to Lure in Founders

Instead of performing the usual courtship rituals, newcomers and veterans alike are tapping into their audio fame to land the next unicorn. “The product becomes the people,” says one venture insider. “It’s a very different way of looking at the world.”
excerpt

Paul Manafort’s Life Was in Shambles. Then Donald Trump Came Along

Mired in debt and marital troubles, the lobbyist was still fresh out of rehab when he hitched himself to the former president’s 2016 campaign, as Brody and Luke Mullins write in an excerpt of their new book, The Wolves of K Street. But it wasn’t long before Manafort’s personal baggage earned him the boot.
Media

Poppy Harlow Is Leaving CNN

The anchor was offered a new role following the cancellation of CNN’s morning show, but has instead decided to leave the network.
Q & A

Inside the Brutal Business Practices of Amazon—And How It Became “Too Toxic to Touch”

In an interview with Vanity Fair, reporter Dana Mattioli reveals how the company systematically stifles criticism, squeezes out competitors, and even pits its own employees against one another. “People tend not to last,” she says, “because it’s very aggressive and it can be bruising.”

Leaving CNN Was How I Found My Voice

Former anchor Brooke Baldwin exited the network after 13 years not because of Trump coverage or pandemic chaos, but because of something far more ordinary—and insidious.
Sports

Behind the Scenes With Caitlin Clark on WNBA Draft Day: “I Definitely Know There’s Eyeballs on Me”

Vanity Fair catches Caitlin Clark in the eye of a media storm, as she gets primped before taking the stage Monday night. The women’s hoops phenom talks about going pro and driving unprecedented interest to the sport. “I feel like I’m relatable,” she says.

Adam Moss Is Seeking Inspiration

Since leaving New York, the acclaimed editor has traded his red pen for a paintbrush, and in his new book, The Work of Art, he probes practitioners across mediums to get to the bottom of the creative process. “Some people really enjoy being put on the couch this way,” he tells VF.
California Dreamin'

“California Forever,” the Billionaire-Backed City No One Asked For

Jan Sramek wants to “deliver a big solution” to the state’s housing crisis by building a new town from scratch. He may have considered every detail, but that doesn’t mean he’s been very considerate.
Media

Why ‘Serial’ Turned to Guantánamo: “This Place Is Crazy and Nobody Knows About It”

In the podcast’s fourth season, cohosts Sarah Koenig and Dana Chivvis set their sights on Guantánamo Bay, telling the story of the prison camp through the personal experiences of those on the ground. “We don’t really talk about this as a country anymore, and we have never had any truth and reconciliation,” says Koenig.
Media

“Complacency, It Really Frightens Me”: Inside Politico’s Ambitious, Anxious Drive to Stay on Top

Since the last Biden-Trump face-off, the media company has a new owner and global mandate, as well as increased competition in DC from Politico alums. Managers are mobilizing accordingly, pressuring staff to up their game—and leaving some “demoralized and frustrated” in the process.
Play Ball!

“We’re Going to Surprise People”: Steve Cohen’s Mets Turn the Page on a Not-So-Amazin’ Season

The once free-spending owner, alongside new president David Stearns, is changing course in search of sustained success that’s long eluded the team from Queens. Whether in business or baseball, says outfielder Brandon Nimmo, you either “adapt or die.”
Politics

Donald Trump Should Probably File for Bankruptcy, but Likely Won’t Because He’s Worried It Would Make Him Look Like a Loser: Report

He’d apparently rather have his assets seized by the New York attorney general.