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Biz Carson to Bloomberg

Biz now covers “the intersection of money and Silicon Valley” for the Bloomberg Wealth section (not Brad Stone‘s team).

Behind the WSJ’s Attack on ‘Woke’ SVB

Twitter blew up yesterday about the WSJ’s suggestion that SVB’s problems may have stemmed from “diversity demands.” Absolutely no one should be surprised by this claim. News Corp. chairman Rupert Murdoch recently installed Emma Tucker as EIC, a Murdoch loyalist brought in to lead WSJ’s coverage of the 2024 elections. Says The Guardian: “Tucker will find herself having to work out how to cover a third presidential run by Donald Trump. Murdoch has… cooled on the former president and is warming to Ron DeSantis, the governor of Florida who is expected to challenge Trump for the Republican nomination.”

So prepare for an onslaught of woke this and woke that from the WSJ, a publication that isn’t what it used to be, no matter how much we wish it otherwise.

Morning Brew Lays Off Another 40

Owner Axel Springer must be nervous. Not a good signal from one the world’s most successful publishers. We’ll do the best we can to audit who left. Axios’s Sara Fischer broke the story.

CNET Lays Off Staff, Moves Connie Guglielmo To AI Role

The Verge’s Mia Sato delivers a scoop on layoffs at CNET (perhaps 10% of staff) and Connie Guglielmo‘s move from EIC to editor-at-large and senior VP of AI content strategy. (Coincidentally, Digiday today ran this story on the rise of the “chief AI officer” — sub required.)

CNET is owned by Red Ventures, which calls itself a media company, but it’s more like a shell company owned by multiple private-equity firms. CNET and ZDNet editors never unionized, which now they probably regret.

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