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...articles home. Newspapers cannot afford this kind of effort the way that they could when two Washington Post (WPO) reporters broke the Watergate story after months of work in 1972 and 1973. The newspaper business was profitable then, very profitable. Some large dailies made margins of over 30%. The Internet as we know it would not be invented for nearly 25 years. (See 25 people to blame for the financial crisis.) The Pulitzer announcement must have brightened an otherwise dreary newsroom. If any regional economy is at risk for completely collapsing, it is the one around Detroit, where in some...

Author: /time Magazine | Title: The Pulitzers: Does Great Journalism Pay? | 4/21/2009 | See Source »

...Press by the news aggregation service at Google. It was taken from the Free Press by the mainline media whose editors understood that the mayor's behavior was too good to be true. It was better than fiction. And, traditional media were digesting it and putting it on the internet, the airwaves, and the presses as quickly as they could...

Author: /time Magazine | Title: The Pulitzers: Does Great Journalism Pay? | 4/21/2009 | See Source »

...ones that win the most Pulitzers, the big metro dailies, are in as much trouble as any medium in the country. They are in trouble because the CBS (CBS) affiliate in Detroit will run an excellent summary of the Kilpatrick story, even though CBS is under siege from the Internet. The New York Times will run a summary of the story as well, or take it from its Associated Press feed...

Author: /time Magazine | Title: The Pulitzers: Does Great Journalism Pay? | 4/21/2009 | See Source »

...past decade has launched us into a flourishing Information Age. Information is everywhere, from television to the Internet. At Harvard, it is common to see students walking alone, BlackBerries and iPhones in hand, seemingly oblivious to the world surrounding them. While easy access to information has clear positive effects, it has also removed us from the real world, making us excessively dependent on technology, unable to focus, and isolated from those around...

Author: By Aixin Wang | Title: Unplug and Disconnect | 4/21/2009 | See Source »

...Internet has helped facilitate communication—but communication with whom? While we have been able to connect more easily with, say, Christina Aguilera or total strangers from the other side of the globe we meet on MySpace or in chat rooms, we have been separated from the people that matter. According to a Stanford study, those who use the Internet frequently—an estimated 31 percent of the U.S. population—spend an average of 70 minutes fewer per day interacting with family than those who use the Internet less frequently...

Author: By Aixin Wang | Title: Unplug and Disconnect | 4/21/2009 | See Source »

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