By Rebecca Buckman
The Wall Street Journal
Published: 2/09/06
Excerpt:
When Spanish Internet start-up FON Technology SL tried
to generate some buzz this past weekend about new funding it had snared
from Google Inc. and eBay Inc.'s Skype Technologies, it pitched stories to traditional media outlets.
But the tiny company also got publicity from another
source: influential commentators on the Internet who write blogs --
including some who may be compensated in the future for advising FON
about its business...Some lawyers and academics with expertise in the Internet said the
disclosures by the FON advisers were adequate and appropriate. But Bob
Steele, an ethics specialist with the Poynter Institute, a journalism
organization in St. Petersburg, Fla., says bloggers with financial ties
to companies -- disclosed or not -- have "competing loyalties" that
could taint their independence as writers. "It's still a problem," he
says. While many bloggers don't consider themselves journalists, anyone
putting information into the public domain about people or companies
has certain ethical responsibilities, Steele says.
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