Huff Post hires former biz editor

Former Washington Post business editor, Lawrence Roberts, was named as the head of a new Investigative Fund for the Huffington Post today.
The fund, which launched in March with an initial budget of $1.75 million, is a nonpartisan, nonprofit initiative with the goal of producing multimedia investigations.
Read the story here.

MoneyWatch.com increases video presence

CBSMoneyWatch.com is stepping up its online video presence through original programing and an increase in financial content, according to reports from The Huffington Post.
The personal finance site was launched last month. Now, a set and studio is currently in the works, one that will allow contributions to produce daily segments for MoneyWatch.
From the story:

The video-centric site, which features a prominent video player on the landing page, produces at least three original videos each week and adds about four to five videos to the site each day from the network's existing financial and business coverage from news programs like "The Early Show" and "The CBS Evening News."

CBSnews.com layoffs

Fishbowl NY and Huffington Post both report layoffs last week at CBSnews.com
Read here.

Trump story is a fake

The Fox News home page included a big, breaking story about how Donald Trump left a waitress in Santa Monica a $10,000 tip. Defamer, E! Online and the Huffington Post also posted the story, according to a report from the Los Angeles Times.
Problem is the story was a hoax. Even the signed receipt that allegedly documented Trump's big gift was made up.
The story is traced to back derober.com, a celebrity gossip site that alters photos of the rich and famous. When Fox asked for a response from the site, which is run by two brothers from Venice Beach, here's what they had to say:
“We can’t believe a credible news source, such as Foxnews would feature a story for an entire day without doing their homework. If foxnews would have checked out the rest of derober.com, they would have realized that derober is a satirical celebrity gossip blog that features PHOTOSHOPPED photos."
The Los Angeles Times wrote a story explaining the hoax. Read it here.