Crain Communications announced Wednesday that it has agreed to acquire MiBiz for an undisclosed amount.
A story on Crain’s Detroit Business states, “The deal for MiBiz is effective Jan. 1, the companies announced Wednesday. Terms were not disclosed.
“Detroit-based Crain acquired MiBiz, which launched in 1988, from privately owned MiBiz Inc. The purchase follows Crain’s acquisition of the Grand Rapids Business Journal in August.
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Credit Suisse has launched a lawsuit against a popular Zurich finance blog over what it claims are unvetted and abusive comments hosted under stories about the Swiss bank, reports Owen Walker of the Financial Times.
Walker reports, “Lawyers acting on behalf of Credit Suisse submitted the 256-page claim against Inside Paradeplatz and its publisher, Lukas Hässig, in the Commercial Court of Zurich earlier this month.
“‘I’ve been sued before, but this is the biggest so far,’ Hässig told the Financial Times after the suit became public on Monday. ‘I have to fight it — what other choice do I have?’
“The suit is calling for the removal of all 52 articles on the blog published between July 27 — the date Körner was announced as the new chief executive — and October 28 that relate to Credit Suisse, as well as the comments from readers that appear under the articles.”
The Logic editor in chief David Skok writes about how the Canadian technology site sets itself apart during a time of uncertainty.
Skok writes, “While we face the same headwinds as others in the industry, after almost five years of hard work—and from the continued support of readers like you—we are uniquely positioned to take advantage of these shifts. We uphold the highest standards of journalistic integrity, we don’t face the same growing costs as outlets that publish analog media and we have a business team that doesn’t compromise editorial integrity in the pursuit of commercial relationships. This strength of character, discipline and resilience positions us well to take advantage of advertisers’ flight to quality.
“Three years ago, I wrote in a memo to our team that we should always bear in mind the former Wall Street Journal editor Barney Kilgore adage that readers want to know what’s coming around
The Twitter accounts of several tech reporters were reinstated after company owner Elon Musk asked people on the social media site to vote whether they should be allowed back, reports, reports Juliana Kim of NPR.
Kim reports, “The accounts that went dark included Donie O’Sullivan of CNN; Ryan Mac of The New York Times; Drew Harwell of The Washington Post; Micah Lee of The Intercept; and journalist Aaron Rupar.
“On Friday evening, Musk put the decision of whether to reinstate suspended accounts up for a public vote. He tweeted an informal poll which asked Twitter users to choose when to “unsuspend accounts who doxxed my exact location in real-time.”
“According to the poll, 58.7% of voters favored lifting the suspensions immediately over 41.3% of respondents who said Musk should wait seven more days.
“Rupar, whose account was reinstated on Friday, said the suspensions signaled Twitter’s instability.”
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Insider columnist Linette Lopez, who has spent years aggressively covering Elon Musk’s businesses, including documenting alleged safety lapses at Tesla, has been suspended by Musk’s Twitter, reports Noah Kirsch of The Daily Beast.
Kirsch reports, “Lopez told The Daily Beast she received no explanation for her suspension, nor information about how long the ban will last. She said she hadn’t tweeted details about the location of Musk’s private jet—his stated rationale for other suspensions—but instead had been cataloging what she considered his hypocrisy over doxxing and targeting private citizens.
“I was just trying to highlight the fact that he talks about bullying and doxxing and all this stuff…And he’s a pro at it,’ she said. ‘He harassed me back in 2018, he talked shit about me in the court of law, he sued my source. Like, I’ve been through the ringer with this guy. Nothing he does