Earlier this week, struggling Internet firm Yahoo—which lost the search-engine war to Google, saw its stock prices plummet to around a third of their previous levels and recently began looking for a buyout—proved they do journalism … well, about as well as they do everything else.
According to Page Six, an emergency meeting was called after Yahoo’s “global anchor” Katie Couric’s anti-gun pseudo-documentary was revealed as a fraud … and nothing happened. There was no formal investigation into Couric’s actions. There was no postmortem published before they resumed posting her content. And while a Big 3 network senior staffer said that at their network such actions would have warranted “a thorough review and consequences if they’re appropriate,” Couric doesn’t seem to have received even a slap on the wrist from Yahoo. In fact, embattled CEO Marissa Meyer (who does leadership about as well as Couric does journalism) reportedly “expressed support for Couric” during the meeting.
It’s a good thing few people took Yahoo News seriously in the first place, or the revelation that they don’t hold their staffers accountable might have seriously damaged their reputation!