Following the numerous quantity of criticism directed at mainstream media publications for a scarcity of journalistic integrity whereas reporting on FTX executives, Tesla’s government Elon Musk known 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 “huge 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 concerning the firm’s newsletters, and Tesla government Elon Musk gave the information publication some flak. In response to Semafor’s tweet, Musk wrote: “Semafor is owned by SBF. It is a huge battle of curiosity in your reporting. Journalistic integrity is [trash].”
Musk, who can also be the brand new proprietor of Twitter, additional shared an image from Crunchbase, which exhibits Semafor’s high 5 lead traders. On the high of the Semafor investor checklist 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 known 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 knowledge.”
On Semafor’s Crunchbase 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 number of events and the articles do spotlight that SBF was an investor within the information publication. Semafor’s different traders, like SBF, have additionally proven affection for Democratic leaders and have donated to the Democratic occasion.
For example, Jorge Paulo Lemann’s tutorial pursuits embody political idea and democratic idea, and Lemann was as soon as called 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 variety 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 Put up, Forbes, and the Wall Avenue Journal (WSJ) after they coated FTX and Alameda Analysis executives in a “nuanced” manner.
Musk’s reply to Semafor’s tweet was retweeted a few thousand instances, 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 variety of folks had been happy with Musk calling out the information publication.
“Sure certainly, glorious name out,” one particular person responded to Musk’s assertion. One other particular person wrote: “Each platform [Sam Bankman-Fried] is concerned in has the identical aesthetic as his wardrobe.” Musk’s commentary comes at a time when an excessive amount of folks don’t belief mainstream media publications, and regardless of Semafor’s intentions, folks believe 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.
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