FROM Dennis Berman
Verizon to Buy AOL, Dive Deeper into Mobile Video Two familiar companies with different roles in the communications industry are planning to get together. Verizon, the phone company, is buying AOL for $4.4 billion. Dennis Berman is business editor for the Wall Street Journal .
How Much Are 140 Characters Really Worth? Shares in Twitter were initially priced at $26 during yesterday's stock-market launch. They immediately jumped by 73% to $45 and today they're down in the low $40's — with market capitalization of about $25 billion. That's bigger than half the firms in Standard & Poor's 500 — even though the digital social network has never turned a profit. So where does the value come from for shareholders, for users and for a culture that lives in the present and has an ever-declining attention span? Advertising will be Twitter's means to make money. Could it make even more, with a board including minorities and women?
Why Don't Facts Matter? "Fake News" may have a long history, but social media and 21st Century politics have brought it front and center. One reason for its appeal and its power is the tendency of so many people to cling to their beliefs — even when confronted with contradictory evidence. Today, another look at the Emotional States of America.
Truth and Lies in Trumpland Donald Trump is using mis-information like no President has before him. It's an unprecedented challenge to the news media, and a potential threat to democracy. We hear how the "leader of all the people" is dividing Americans and confusing the rest of the world.
"Tough on crime" rhetoric sees a revival at Sessions' DOJ The pendulum swings between treatment-focused approaches to drug abuse and tough law enforcement. Now, after years of Obama-era "reforms," President Trump’s Attorney General, Jeff Sessions wants local police freed from federal restrictions to fight another "war on drugs."
After Syria strike a new Trump doctrine emerges The President who promised an end to entanglements in the Middle East and snuggled up to Vladimir Putin has now outraged Russia with surprise missile attacks on Syria. That's raised questions about who's running the White House? We hear a variety of answers.