Reference List
ABC. (2012, May 19). Facebook takes Wall Street roller-coaster ride. Retrieved May 22, 2012, from ABC News : http://www.abc.net.au/news/2012-05-19/facebook-takes-wall-street-roller-coaster-ride/4021064
Johnson, S., & Owens, J. C. (2012, May 19). A tame debut for Facebook shares. Retrieved May 22, 2012, from The Age: http://www.theage.com.au/technology/technology-news/a-tame-debut-for-facebook-shares-20120519-1ywx8.html
Kawamoto, K. (2003). Digital Journalism: Emerging Media and the Changing Horizons of Journalism . In K. Kawamoto, Digital Journalism: Emerging Media and the Changing Horizons of Journalism (pp. 1 -12). Lanham: Rowman and Littlefield Publishers Inc. .
Moore, M. J., Spears, L., & MacMillan, D. (2012, May 23). Facebook IPO Debacle Triggers Legal Debate. Retrieved May 24, 2012, from Bloomberg: Business Weekly: http://www.businessweek.com/news/2012-05-23/facebook-ipo-debacle-triggers-legal-debate
Academic Article: Book Section - Digital Journalism
Kawamoto, K. (2003). Digital Journalism: Emerging Media and the Changing Horizons of Journalism . In K. Kawamoto, Digital Journalism: Emerging Media and the Changing Horizons of Journalism (pp. 1 -12). Lanham: Rowman and Littlefield Publishers Inc. .
Kevin Kawamoto is an associate professor in the School of Communications and teaches journalism and communication courses. His Ph.D. in communications and M.S.W. (clinical/contextual with a specialization in multigenerational social work) are from the University of Washington (Seattle), thus making him an educated and reliable source. In Kawamoto’s book “Digital Journalism: Emerging Media and the Changing Horizons of Journalism”, he describes the purpose of Journalism as to “inform and enlighten the public”, and thus he explains that since the public is becoming increasingly computer literate, so too should the methods of informing and enlightenment, using the expression an ‘old practice in a new context’. This particular book chapter defines the characteristics of digital journalism, such as; hypertextuality, interactivity, nonlinearity, multimedia, convergence and customization and personalisation. The author then goes on to identify digital journalism as a ‘moving target’ as changes in technology, concept and institution make the definition of digital media quite ambiguous. It also gives a detailed outline of the history of journalism and how, from it, evolved digital journalism. This book chapter offers an insight into digital journalism, an exciting and rather scary new concept to revolutionise the world of Journalism, and it does this from an educated and reliable point of view, offering many opinions and facts with structured and articulate language.
Recent disappointing Facebook stock market Launch
ABC. (2012, May 19). Facebook takes Wall Street roller-coaster ride. Retrieved May 22, 2012, from ABC News : http://www.abc.net.au/news/2012-05-19/facebook-takes-wall-street-roller-coaster-ride/4021064
This three minute video was produced by the Australian Broadcasting Corporation (ABC). The ABC was founded in 1929 and is funded and owned by the Australian government, however remains editorially independent. The corporation provides television, radio, online and mobile services throughout metropolitan and regional Australia and is known to only employ the very best of Australian Journalist’s, thus making it a very credible and reliable source. This particular video takes a look at the concept of Facebook, its use as an advertisement tool, its financial worth and also its recent stock market launch. Its use of statistics and educated quotes adds to the credibility and the fact that the ABC has packed so much information into only three minutes of video in a clear and concise manner makes this video a very good source for information regarding the social media site and its recent antics. What’s more is that the video images that has been included in this piece is both relevant to what the overlaying voice is saying and also adds interest and stimulation to the story. Unlike the following references, this video was made in order to give a brief overview of the social media site, Facebook, by not going into great depth or analysis; however it serves as a great starting point for those wishing to research the recent events surrounding it.
Johnson, S., & Owens, J. C. (2012, May 19). A tame debut for Facebook shares. Retrieved May 22, 2012, from The Age: http://www.theage.com.au/technology/technology-news/a-tame-debut-for-facebook-shares-20120519-1ywx8.html
This news article concerning Facebook was produced by Journalist’s Steve Johnson and Jeremy C. Owens for the newspaper, The Age. This article, unlike the ABC’s three minute video piece, focuses entirely on Facebook’s recent stock market launch. It is of great depth and analysis and includes many statistics and educated quotes from the likes of Max Wolff, an analyst with Greencrest Capital in New York, Sterne Agee analyst Arvind Bhatia and Bruce Aust, an executive vice president at the Nasdaq exchange – all offering their professional opinions regarding the reason behind the disappointing reaction from Facebook’s much anticipated IPO (Initial Public Offering), shares dropping by 16% since initial sale. The authors of this piece offer inside information into both the antics of Mark Zuckerburg and Facebook and also the complicated ins and outs of the stock market, however they do this without bias and in a clear and uncomplicated manner. Not only was this article used by The Age, one of the newspaper giants which has been published in Melbourne since 1854, but also by the Sydney Morning Herald, The Republic, The Columbian and many more reliable newspapers all around the world, making this text a very credible information source.
Moore, M. J., Spears, L., & MacMillan, D. (2012, May 23). Facebook IPO Debacle Triggers Legal Debate. Retrieved May 24, 2012, from Bloomberg: Business Weekly: http://www.businessweek.com/news/2012-05-23/facebook-ipo-debacle-triggers-legal-debate
Unlike the previous two pieces the authors of this piece, Michael J. Moore, Lee Spears and Douglas MacMillan, comment on the legal debate surrounding Facebook’s recent IPO disappointment in the distinguished Business magazine, Business Weekly. As said, this particular article focuses on the legal perspective of the Facebook IPO, the authors proposing that Facebook’s initial public offering, of which fell short of its anticipated value, has triggered allegations that the social network selectively disclosed crucial information to investors. However it also proposes that the law surrounding such accusations is unclear and the authors have included several interview quotes from legal Professors such as Tamar Frankel, a professor at Boston University School of Law, commenting on the ambiguity surrounding this, Frankel regarding it to be “a gray area” within the legal system. To add further to the credibility of the source, the magazine, Business Weekly, is run by Bloomberg L.P, a very prestigious American multinational mass media corporation based in New York City and of which makes up one third of the $16 billion global financial data market. All in all this piece of writing offers a different perspective on a very recent and much anticipated issue in a reliable and coherent way.