Following the numerous quantity of criticism directed at mainstream media publications for a scarcity of journalistic integrity whereas reporting on FTX executives, Tesla’s govt Elon Musk referred to as out the information web site Semafor as a result of the previous FTX CEO Sam Bankman-Fried (SBF) was a lead investor. Musk took to Twitter and let Semafor know that he believes Semafor has a “large battle of curiosity” on the subject of “journalistic integrity.”
Semafor Takes a Tongue Lashing From Elon Musk, Tesla Exec Calls Agency’s Journalistic Integrity Trash
On Nov. 23, 2022, the information web site based in 2022, Semafor, tweeted a message in regards to the firm’s newsletters, and Tesla govt Elon Musk gave the information publication some flak. In response to Semafor’s tweet, Musk wrote: “Semafor is owned by SBF. This can be a large battle of curiosity in your reporting. Journalistic integrity is [trash].”
Musk, who can be the brand new proprietor of Twitter, additional shared an image from Crunchbase, which reveals Semafor’s high 5 lead traders. On the high of the Semafor investor record is the previous FTX CEO Sam Bankman-Fried.
Semafor is a reasonably new information publication that began in 2022 and it was co-founded by former New York Occasions (NYT) columnist and former Buzzfeed editor-in-chief Ben Smith and the previous CEO of Bloomberg L.P., Justin Smith.
Axios referred to as the 2 Smiths “media disrupters,” and in the identical article Justin Smith claimed Semafor would “reimagine high quality world journalism” after the demographic Semafor is aimed toward “misplaced belief in all sources of stories and data.”
Semafor’s investor record by way of Crunchbase.
On Semafor’s Crunchbase web page, it’s seen that the highest investor is SBF and the information outlet raised $24.6 million in a single funding spherical. Semafor has written about FTX and SBF on a couple of events and the articles do spotlight that SBF was an investor in the information publication. Semafor’s different traders, like SBF, have additionally proven affection for Democratic leaders and have donated to the Democratic social gathering.
For example, Jorge Paulo Lemann’s tutorial pursuits embrace political concept and democratic concept, and Lemann was as soon as referred to as the “world’s most secretive billionaire.” In 2008, Semafor investor David Bradley donated funds to Mitt Romney, Barack Obama, and Hillary Clinton.
Musk’s criticism directed at Semafor follows the lambasting a lot of mainstream media publications acquired for publishing “puff items” on FTX and Alameda Analysis executives. For example, the New York Occasions printed a narrative that was condemned by crypto supporters after it reported that SBF was sleeping higher and enjoying video video games.
The NYT story was not the one article that was knocked, as folks slammed editorials printed by the Washington Publish, Forbes, and the Wall Avenue Journal (WSJ) after they coated FTX and Alameda Analysis executives in a “nuanced” method.
Musk’s reply to Semafor’s tweet was retweeted a few thousand occasions, and it has greater than 22,000 likes on the time of writing. The information publication’s Twitter account didn’t reply to Musk’s criticism however a lot of folks have been happy with Musk calling out the information publication.
“Sure certainly, wonderful name out,” one particular person responded to Musk’s assertion. One other individual wrote: “Each platform [Sam Bankman-Fried] is concerned in has the identical aesthetic as his wardrobe.” Musk’s commentary comes at a time when quite a lot of folks don’t belief mainstream media publications, and regardless of Semafor’s intentions, folks imagine the corporate’s “skeletons are popping out.”
“Time to dam anybody paid by SBF,” one particular person wrote in reply to Musk’s tweet about Semafor.
What do you consider Musk’s commentary regarding the information publication Semafor? Tell us what you consider this topic in the feedback part under.
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