This, the first of our regional blogs, is authored by the technology and financial journalist Dominic Basulto. Dominic is a New York native, has been a senior editor at Corante since day one and has written for a number of online and offline media companies. Send tips or story ideas to: basulto@gmail.com.
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Here we'll report daily on the latest tech and business developments in New York City. Impossible we concede: comprehensive coverage of the city's every story. What we hope you'll find: tips, tidbits and perspectives you won't find elsewhere. As well as unique insights, original interviews and more that should be of interest to New York's vibrant community of technologists and those who track, invest in and report on them.
Christopher Byron of the New York Post has an excoriating piece ("End the Martha-thon") on Martha Stewart and the precipitous drop in shareholder value at Martha Stewart Living Omnimedia. According to Byron, Martha Stewart is nothing more than a glorified ex-con and a national embarrassment. But he saves the biggest pie in the face for the "media elite" -- the misguided souls at NBC who are responsible for putting together the reality TV disaster known as "The Apprentice: Martha Stewart":
"For the aforementioned [reality TV guru] Mark Burnett bloke to have begun cobbling together a celebratory knockoff of his Donald Trump reality TV show for Stewart even before she headed for the joint, may have seemed at the time like a clever, if cynical, way to capitalize on her rapidly spreading notoriety, if not fame. But for NBC's Zucker to take Burnett's fatuous drivel about Stewart and her business smarts, and power-spray it every Wednesday evening into millions upon millions of American homes, is arrogance and cynicism of a sort one rarely encounters even on Sixth Avenue. This isn't "The Beverly Hillbillies," it's a reality TV fraud show about a woman pretending to be a paradigm of business virtue when she's actually a recently released white-collar jailbird."
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