Stephen Foley: Patch reporters clearly not connected to AOL’s brain
Stephen Foley is a former Associate Business Editor of The Independent, based in New York. He left in August 2012. In a decade at the paper, he covered personal finance, the UK stock market and the pharmaceuticals industry, and had also been the Business section's share tipster. Between arriving with three suitcases in Manhattan in January 2006 and his departure, he witnessed and reported on a great economic boom turning spectacularly to bust. In March 2009, he was named Business and Finance Journalist of the Year at the British Press Awards.
Saturday 14 April 2012
US Outlook Kudos to the Patch reporter in the audience when Eric Lefkofsky, Groupon's chairman, told a Chicago chamber of commerce meeting that the disaster-prone tech start-up "was like giving a seven-year-old a Ferrari; you're going to get a certain amount of chaos".
It was a great scoop. So why didn't it get picked up? The question is even more bizarre given that Patch, a group of hyper-local websites, is part of AOL and central to Arianna Huffington's grand vision for networked citizen journalism. It is easy to credit reports of operation chaos and infighting at AOL. Its "eyes and ears" on the ground, its Patch reporters, are clearly not connected to the media group's brain.
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