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Twitter controversy at WaPo: What are the consequences for a fictional Tweet?

In this morning’s Washington Post, Ombudsman Andrew Alexander explains how on Friday, a joke Tweet posted by sports columnist Mike Wise resulted in a 30-day suspension from the paper.

According to Alexander, “Wise said he had it on “good authority” that Roethlisberger’s suspension would be reduced to five games. He said he planned to publish it to his Twitter account as an experiment to show how unverified information often is picked up and spread online. Soon, he tweeted: “Roethlisberger will get five games, I’m told.”

Several news outlets, as Wise predicted, picked up the story.

Within hours, Wise apologized via Twitter for his joke.

Mike Wise's tweets on Aug. 30

Mike Wise's tweets on Aug. 30 after his fictional tweet about Rothlisberger's suspension.

Alexander explains the Post‘s reasoning behind the suspension:

But The Post’s internal rules say explicitly that when using social media, “we must remember that Washington Post journalists are always Washington Post journalists.”

Further: “Post journalists must recognize that any content associated with them in an online social network is, for practical purposes, the equivalent of what appears beneath their bylines in the newspaper or our Web site.”

For journalists operating in today’s multimedia world, there’s no excuse for a lack of awareness about the risks and responsibilities of social media. It’s a topic of endless discussion in the industry and at The Post. The fact that Wise’s “experiment” was somewhat premeditated only underscores his bad judgment.

But at its core, what Wise did isn’t about social media. It’s about fabrication, which is indefensible, even if done in jest. Our business is truth. A journalist’s falsehood on Twitter is the same as a falsehood in the paper.

So here are some things to think about.

  • Is a columnist held to the same standards as other reporters in the newsroom? They have more liberty with their writing and many, especially sports columnists, are liked by readers for their opinions and personality. Was Wise playing to his audience or being careless with the credibility bestowed upon him as a Post employee?
  • How does this compare with former Post blogger Dave Weigel, who resigned after posts on JournoList were leaked to the media?
  • The Washington Post created a strict social media policy a year ago. When it went out, it was heavily criticized for not embracing new media and the changing world.
  • And what about the news outlets who took Wise’s Tweet as fact? Are they blameless in this?

That’s a lot to think about and something we should discuss on Wednesday. I’m not going to tell you what to think about this, but this incident is an excellent example of how new media and old media just can’t get along.

How much is Facebook worth?

So after a quick Google search, I felt like a bit of an idiot because I found lots of stories documenting several million dollars in Facebook ad revenue. According to Business Insider, Facebook brought in about $500 million in revenue through ads on the right side of the screen, engagement ads and Facebook gifts.

But I’m not completely crazy.

From a January 2010 Forbes article:

Of course trying to value Facebook is as difficult as hiding from your former high school sweetheart online. The company’s revenue is secret–estimates for 2009 range from $300 million to $500 million–and there are no big publicly traded social networking sites for comparison. But for fun we took the high-end revenue estimate of this “next Google” and multiplied it by the ratio of Google’s value at the time of its 2004 public offering to its sales the previous year. That ratio was 15.7. Extrapolated value of Facebook: $7.9 billion, well below the price implied by the latest private bids.

And then I found this, from September 2009 TechCrunch posting: Facebook Crosses 300 Million Users. Oh Yeah, And They Just Went Cash Flow Positive.

So Facebook has been making money for about a year, but wasn’t expected to be totally in the black until 2010. So there. TechCrunch also says part of the reason for the delay in profits is due to server expenses and securing storage for all that data.

So there. I’m not an idiot.

But the real value is their enormous user base and the type of information they have about those users. PC World explains the enormous potential revenue stream — and privacy battles — in a June 2010 piece.

Great question! Please continue this conversation on the blog. This is exactly what this blog is for. Thanks!

School shouldn’t start til after Labor Day…

Welcome to the first day of the semester. Seems too soon, right?

Today we’ll go over the syllabus, the major assignments and I even have a short lecture about why you should care about this class. Fancy, I know.

One of the major assignments throughout the course of the semester is this blog. You’ll all be expected to be regular contributors and commenters.

If you need ideas for what to post, you need only look to the news. Just this weekend, in our backyard, was interested news coverage of competing MLK rallies & mdash; including several news orgs who used blogs to cover the event but weren’t exactly successful — and more classified documents released via Wikileaks.

I’m looking forward to a good semester. If you need anything, don’t ever hesitate to call, e-mail or ask before or after class.