Memo to WSJ staffers has some worried

Portfolio's Jeff Bercovici reports on a memo delivered to staffers at The Wall Street Journal from managing editor Robert Thomson that outlines a "fundamental shift in orientation" inside the newsroom.
The memo asked staffers to contribute more breaking news, but Bercovici reports that there's concern in the newsroom about the future implications of the memo.
From the story:

Thomson's memo outlined a newsroom whose occupants are constantly on the lookout not for leder-worthy ideas but for tiny news bites that can be pushed out over the wire immediately, there to bestow a momentary competitive advantage on subscribers.

"Even a headstart of a few seconds is priceless for a commodities trader or a bond dealer -- that same story can be repurposed for a range of different audiences, but its value diminishes with the passing of time," wrote Thomson. "Given that revenue reality, henceforth all Journal reporters will be judged, in significant part, by whether they break news for the Newswires."