At least 10 consumer and retailers have been hacked and may have had information stolen from them since January 2018. Many were caused by flaws in payment systems. Here is a listing of the major breaches affecting major brands.
Fake news is 70% more likely to be retweeted than real news -- and people, rather than bots, are mostly to blame -- according to a study just published in Science. To arrive at their findings, the researchers used a data set of “rumor cascades” on Twitter from 2006 to 2017, the magazine reports. “Falsehood also diffused faster than the truth,” it writes. “The degree of novelty and the emotional reactions of recipients may be responsible for the differences observed.”
Google is selling Zagat to restaurant recommendation publisher The Infatuation, The New York Times reports. As the Times reminds us, Google bought Zagat about seven years ago for $151 million. “The company intends to keep Zagat as a separate brand, using it as a user-generated-content counterpart to The Infatuation,” it writes.
The Wall Street Journal takes a look at Scroll, a new service that helps publishers offer their content without ads in exchange for a small monthly fee. “Scroll, is persuading news outlets that they can make more money charging some consumers for an ad-free experience than they can make showing them ads,” it writes. “Business Insider, Fusion Media Group, the Atlantic, MSNBC and Slate are among the news organizations that have signed up.”
Across 100 U.S. regional news publishers, the median digital subscription price is $2.31 per week, the American Press Institute reports. That’s equivalent to $10 per month and $120 per year for a digital news subscription. Also of note, “The median weekly price of $2.31 … was 83% higher (cost $1.05 more per week) than what a 2012 report published by the Reynolds Journalism Institute estimated as an optimal price.”
In exchange for 10% of any revenue earned by its partners, publishing platform Substack will now offer its tools for “free.” Regarding Substack, Nieman Lab notes: “While the platform was initially built around website creation, it’s since changed gears to focus more on newsletters.” Going forward, “Substack is looking to prove that it can be a viable platform for a variety of writing, not just industry news,” according to Nieman Lab.
The New York Times considers The Guardian’s move to a tabloid print format amid mounting financial losses. “The shift to a tabloid print size is part of several moves, from cutting around 300 jobs to selling a stake in a trade publication group, to curb those losses,” The Times writes. “The Guardian’s style of journalism will not change, but the new format allows it to be printed by a wider array of presses, helping it cut costs.”
Google is reportedly mulling the sale of Zagat -- the restaurant review guide it bought in 2011 for $151 million. “A sale of Zagat would mark a course reversal for Alphabet’s once ambitious plans for the brand, spearheaded by former Google executive Marissa Mayer,” Reuters reports. “Zagat gradually became less of a priority as Google focused on drawing traffic to its Google+ social network.”
Vanity Fair considers a new effort to save Gawker from the dustbin of history. “This week, more than a year after the Gawker domain went dormant, a link to a Kickstarter intended to breathe new life into Gawker went live,” it writes. “Launched by a handful of former Gawker employees, the crowd-funding campaign is intended to raise a lofty $500,000 -- enough to, the group hopes, buy the defunct blog out of bankruptcy, save its archives, and relaunch the Web site with new ...
Overwhelmed by trolls, Crain’s Chicago Business is shutting down ChicagoBusiness.com’s comments section. “Simply put, we do not have the personnel to manage this commentary, to keep it civil and fair and to halt the back and forth before it devolves into invective, name-calling and, in too many cases, outright hate speech,” the publisher said in a statement. “We’d rather not play host to these often anonymous commenters.”