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Showing posts with label journalism. Show all posts
Showing posts with label journalism. Show all posts

Saturday, January 13, 2018

Tech Journalism Fail: Energous at CES

One of the reasons I write about Energous so much is that it's an ideal vehicle to show how tech journalism is manipulated by startups to give what are essentially Press Releases disguised as reporting. When you read most tech coverage you rarely see journalists speak to experts in the field, or press for deeper answers on questions, taking for granted statements from the company in question even when they have been shown to repeatedly be 'less than truthful'. 

In part it's understandable as some of these topics are just difficult to understand due to the technical complexity, giving leeway for the company to use 'smoke and mirrors' to bamboozle. PR companies ensure that exclusives and early previews only go to the reliably compliant (I'm looking at you, David Pogue), cutting out from future access anyone who asks difficult questions. Journalists are also under tight deadlines and the system encourages more, lower quality articles that get attention rather than a smaller number of less feel-good but very detailed and accurate pieces - essentially, journalists are responding to the incentives the system offers. That's one reason I try to support, with actual dollars, publications that allow long term detailed investigations such as John Carreyrou's expose of Theranos.

During this last week was CES, the Consumer Electronics Show, and Energous were using this to give private demos of their latest tech to a select few. My recent post on Energous tried to lay out some questions to help journalists at least try to probe past the marketing fluff, but from what I've seen of the CES coverage, it's clear I need to work on my blog exposure! Barron's had at least some questions over long term viability and Tiernan Ray is one of the very few to actually get an outside opinion, using a phrase I constantly bring up with wireless power - possible but not practical. The weakest that I've seen so far has been from Tom's Guide which I'm pretty sad about as in its early days Tom's Hardware was a go-to site for in-depth tech analysis. What I do like about it though is that there is a video of the tech on display, and gives us more insight into what's going on.

First of all, I suggest you go to the Tom's Guide site and watch the video through. (See, I told you the 'access based journalism' gets more hits!).

Basic Research Anyone?
First thing is that the journalist immediately sets the expectations by saying that the at-distance charging will "start showing up in products you will buy in about 12 to 18 months". Barring the fact that if you want to show up in mass-market products you have to have deals signed 12 to 18 months prior to the product actually appearing, apparently it was too hard to go an look back and see examples of Energous using a "time-to-carrot" of product 18 months out since at least early 2014. Why believe them this time, or at least mention that the company has a history of being wrong about their timing?

As an aside, why do journalists need to use adjectives when describing the technology such as 'cool'? If it's actually 'cool' then the reporting will show that without the need to lead readers so bluntly - but I do understand that the company PR people will love them for it.

The Demo
We then move to a demo charging devices - you can see the transmitting antenna underneath a monitor, with the keyboard and mouse sitting about 1 foot away. There's a statement that WattUp Mid-Field goes up to 250 mW, but apparently it's not worth saying "Hey Energous rep, show me something charging with this at 250 mW". Instead we see the keyboard receiving around 67 mW at close range, dropping to around 20 mW at 2 feet or so. This is a far cry from even the >100 mW at 50 cm that the CEO was claiming last week, or the "12 devices, 15 feet, 4 watts" from 2 years ago.

The keyboard is much bigger and should support ideally sized antenna, so why that low? Why the inconsistency? But you'd have to know the technical details and have done your homework to ask that. (I expect part of that is due to the antenna being horizontal - move the keyboard vertical and the number may have gone up. That would have been nice to see - if only someone had maybe suggested you do that...)

Perhaps someone might even have thought to ask:

"Hey, your FCC Approval says that it switches off and won't charge below 30 mW. Why am I seeing 20 mW here? Is this different than the FCC approved system?"

Next you have a 'cool' part of the tech where the transmitter can prioritize between the devices being charged, like a keyboard and a mouse. It's "sophisticated enough to support scheduling capability".  Isn't that cool and smart? No, no it isn't. The obvious question to ask here is:

"So you can barely charge at mW level, and can't even charge more than one device at a time?"

Everyone does realize that the marketing team just got a major technology limit spun positively as a feature, right?

Safety Last
Next comes safety. In the article Energous get to plant a direct PR quote without any questioning:

An Energous rep said that the company’s sub-gigahertz technology transmits at well below the SAR (specific absorption rate) for phones, and that its beam-forming technology is precise enough to direct energy only in the direction of the gadgets being powered.

Did anyone perhaps think to ask:

"Great - What value is SAR limited to and what are you transmitting at?"

or

"Awesome - can you show me some beam plots proving your highest power is exactly on the receiver?"

or perhaps even

"You say you target small "pockets" of energy - how big are they across?"

because it's not as if anyone has laid it out that they are basically at the SAR limit, the beamforming is so poor they can rarely get the highest power at the target, or that the 'pockets' are 50 centimeters across. And that's from the company's own data in the FCC report. Yes, I know that I'm a nobody blogger, but there are so many people that could have been called up, like a university electrical engineering prof, and just asked what should be looked for. Without asking anyone else who might know, this is just being a mouthpiece for Energous PR. I'm sure they are grateful for it.

That's not the worst part of the safety question though. It's an integral part of the Energous FCC approval, which even they themselves admit is required, that there is a safety system that shuts off when there is movement within 50 centimeters of the transmitter. The video makes it very clear that there is no such safety system here, so how about asking:

Your FCC approved system shuts off for 30 seconds when anyone is within 50 centimeters. I'm clearly in that range. Why is this still working? Am I exceeding consumer SAR limits right now?

This is not the system approved under FCC Part 18 (one hard-to-spot give-away to this is that the transmitter is a completely different shape) and I expected them to try this which is why I wrote out the question to ask which was:

"Are we, right now, operating under the same safety limits and other restrictions a consumer system would have to?"

It's not that hard to ask, and the answer would quite likely be "no" (or some mumbling) and then it would be a more interesting story! (Hint, the sign right in front of you literally says "This device has not been authorized as required by the rules of the Federal Communications Commission")

Anyway, it's not my health, so congratulations to the journalist for being brave enough to potentially put himself outside those limits for the sake of Energous' share price - sorry, I mean informing his readers.

More Power
That's enough about safety, after all who cares about that? Now we come to 'high power devices' like phones which you can charge at 7.5 Watts (7500 mW!). The same technology that can only charge a keyboard at 67 mW is suddenly charging 100 times higher. Cool! Except what is missed, and the Energous rep was very happy not to correct, is that the sign next to that demo says quite clearly "WattUp Near-Field High Power Demo" not the "WattUp Mid-Field Demo" just walked away from. This is completely different and now incompatible technology (0.9 GHz vs 5.8 GHz) and now gives readers the impression that the at-distance charging will work with phones at 7.5 Watts. (In April 2018 Energous altered their contact charging solution to also use the 900 MHz band, so in theory they are compatible now, except there is no hardware that can be purchased to test this, nor have Energous provided such demonstrations)

Just because they use the same name, WattUp, doesn't make them compatible. If it were capable of that wouldn't they be charging the keyboard like that? This isn't a little difference, it's a factor of 100!

This is a basic failure to understand the products being reported on and quite literally misinforming readers to the benefit of Energous. 

See the power of branding and names like WattUp to cover multiple differing technologies? Awesome for confusing the rubes customers.

The phone, which is connected to the contact charging device by a USB cable, is then moved closer to the charging brick and apparently the charge rate increased. What? If distance was a factor, why have the cable? 

Here's the next thing missed. As the phone is moved we hear "it's up to 875 mW", while knocking the charging brick it's connected to off at an angle and away from the charging pads underneath the monitor base. Then there's a sudden cut in the video (at 1m 25s) where it's obvious the Energous rep stepped in and squared the brick up, and now it's charging at 3.57 W. So hey how about someone asking:

"Is this near-field technology so sensitive that knocking things slightly changes charge rates by a factor of 4?"

Perhaps it's worth asking because that's in direct contradiction to the Energous PR statement printed which was:

Energous says its solution allows for greater “rotational freedom” over coil based technologies.

Even when the video evidence contradicts them, some journalists still say what the company hands to them, unquestioned. It's a little clearer in the text, but the ambiguity the mistake introduces will be used by the company to their benefit.

Last techy questions to have asked here since this Near-Field demo also had the sign saying it wasn't FCC approved:

"Could any currently FCC approved devices charge at this rate?"

and

"And isn't this charging brick limited to 300 mW charging as-per the recent FCC Approval?"

But, again, that would have required homework, and an understanding of the difference between the two charging technologies that Energous call "WattUp".

But Their Products...
There are still some stubbornly skeptical people so at the end, it's clearly pointed out that WattUp is now in a product, so obviously it's real. Who wouldn't want underwear that needs charged? The tech is so awesome and cool that everyone is knocking on Energous' door, but of course who wants Apple to use you in their product, the real market is tighty-whities!

Saying that it's a WattUp receiver lets readers think that it will charge at a distance, when the FitBit-style tracker component actually needs removed and charged in contact with the near-field device. It's also only available as a pre-order which means it's not actually available as a product yet

Once again putting two different and currently incompatible technologies under the same brand name, WattUp, allows Energous to play reporters and get incorrect but favourable reporting.

Lastly, there's a mention of "Tier 1" device makers and that it will take time for Energous to get them into their devices. But haven't Energous been teasing their relationship with a "Tier 1" for years, letting everyone think it's Apple until it became clear last year that it wasn't? Who is it now then? I ask because they people who keep mentioning "Tier 1" are Energous themselves, as it gives them a sense of mystery and importance, and everyone obligingly just repeats what's said to them. It wouldn't be that those "Tier 1" comments came from an Energous rep or handout, would it?

It's a tough job to do right
It's perhaps unfair to pick on this one reporter, there are many weak regurgitations of Energous PR out there such as Digital Trends talking about the "awesome new wireless charging tech" but the video shown here just highlights how much more sophisticated company marketing is than most of the press reporting on them. They know exactly how to use marketing terms and change up demonstrations to misdirect and confuse, allowing beneficial errors to pass, and correct those not in their favour. Complex technology in particular gives great leeway for obfuscation and if there isn't someone with a tech background helping, then it's going to be more of a Press Release Laundering Service rather than actual reporting. But hey, it gets a lot of page views, right?

To summarize
At CES Energous showed off a Mid-Field Transmitter that did not meet FCC rules, and clearly differs from the Mid-Field Transmitter approved under Part 18. They also showed off Near-Field charging technology that hid multiple charging pads under a monitor, needs a large charging-brick that won't fit into a phone case and was not FCC approved, as well as a smaller Near-Field charging technology that charges much slower. All four different versions are called "WattUp" and work as designed - which is to confuse and make everyone think they're all the same thing, that way it's easier for journalists to give positive coverage rather than report on the complexity. Nicely done Energous marketing team!

Final note: As every time I post something on Energous I get accused of being in a short position and writing for financial gain in trying to drive the stock price down, I'll once again note that I have no financial stake here, either long or short. So many people find it hard to understand why I write these posts if not for money, and unfortunately there's nothing I can do to persuade them that other motivations do exist.

Saturday, August 19, 2017

What's up with WATT, Pt I (or "What's Wrong with Tech Journalism?")

It's been a while since I covered Energous (whose ticker symbol is WATT. Other posts are here, here, here, here, here, here, and here). They're one of the RF based wireless charging companies, and probably the most famous for their bold claims - first claiming 12 devices at up to 10 Watts, then up to 1 Watt at 4.5 meters, while remaining safe. These numbers were so high as to raise many questions as to practicality, both with respect to physics and regulatory aspects. Still, the company stood by its claims, held an IPO, and was floated on the stock exchange. Since then it has raised millions more, and has been burning through cash at the rate of around $15 million per quarter, while repeatedly delaying products and releases in what some call a 'time to carrot' manner.

To me, it was yet another example of the inability of the tech press to truly and effectively evaluate an advanced technology, and repeatedly fail to ask even the most simple and obvious questions such as "What's the efficiency?". David Pogue was one such reporter - in 2015 he sat down with the company CEO and was shown a demo of a charge light activating on a phone, while the CEO told him of how amazing it was and the reported gushed about how it was the most amazing demo ever. No, it's not the uBeam demo from a few months ago despite the similarities - two years on and still the press can't learn. Pogue finishes his 2015 article with this statement:

But I’ve seen it first-hand, and I’m convinced: This technology is real.

Wow, that's awesome, a tech journalist has fully evaluated a piece of complex technology without even cracking the case, speaking to the engineers, or the benefit of a decade or two of experience in the field. I want to believe so let's pour millions more dollars in!

Yes, that's all funny. Except millions of dollars more were poured in, thanks in part to glowing coverage like Pogue's. Fortunately, Pogue at least thought to go back a couple of years later and take a look at Energous, and published an article last month (new link here) where he talks to Energous again with a slightly more skeptical eye. I say slightly more skeptical because he still allows himself to be bamboozled by the company and still fails to ask the basic questions he should - it's frustrating as 5 minutes with a decent engineer would give him exactly what he needs to ask. Let's take a few of these failings in turn:

Consumer Product Logistics
First of all he asks why they haven't shipped the product when it's near a year after the original claim. Or wait, spend 10 minutes searching and find that in 2014 the delivery date was 2015, so it's now two years behind and the delivery is constantly moving out, around 18 months ahead. The excuse is they have gone from one to three products (near, mid, far range) and that has shifted the timeframe, but that products will be for sale late Q3/early Q4 this year. That means about three months from when that interview was given, and they're not certain when a consumer device will be in the shops.

Let me be clear about this - consumer devices that are going to be for sale are ready many, many, months prior to launch. The supply chain issues to get them out mean that, unless you are selling tiny quantities, you're ready >6 months prior. Basically - if you don't know exactly how many of your devices will be on the shelves, on exactly what dates, in exactly what location, you're likely at least 6 months out, more likely a year. A few simple questions like "How many devices will be on the shelves?", "Who are the major retailers committed to stocking them?". "What is your MSRP?", "What are your projected sales volumes?", and "Can I see the retail packaging?" and it should become really clear, really quickly that the company actually has something, or is just selling vaporware.

These questions are so simple, so generic, yet an experienced journalist doesn't know to ask them.

Regulatory
Next they discuss the FCC and regulation, and Energous make it clear that they've been working to create a new testing protocol with the FCC. Awesome. So: 

Who were you working with at the FCC? Can I call them? 

or

The FCC is a public agency and they're only working with one vendor to create a standard that will apply to an entire industry? Is that normal? Let's ask the FCC that too.

Were the FCC called? Anyone there prepared to make comment? What about someone expert in getting FCC regulatory compliance for consumer products to evaluate that statement? (uBeam also made a statement about being universal standard, then withdrew it after scrutiny)

Then the company claims that they can do this with the FCC since the spot size they focus to is 'tiny', localized just as it would be on a charging pad. Fantastic. So:

What's the spot size, in centimeters? What is 'tiny'?

or

You're working at 5.8GHz and so are looking at a multi-centimeter wavelength and an array of emitters only a few elements in size. Even under ideal conditions it's hard to focus, how do you make it "tiny"?

or even


As you can guess, there was no follow up, the tech journalist once again simply accepted the statements of the company at face value and failed to question them. Ridiculously simple questions too. My first post on Energous covers the spot size question and explains it in detail - maybe ask them why those numbers or physics are wrong? It's like the recent coverage of uBeam when the company said they'd have safety evaluated by third party experts and no-one asked "Who would that be? Can we talk to them?"

How hard are any of these questions? And if they don't answer, or dodge, you know something is up. But that would be uncomfortable, and would put access as a tame journalist at-risk, so best not to.

The Charging Pad
Next, they look at the Watt-Up Mini, the charging pad that Energous claim is their first product that has FCC approval - I've pointed out before, it has FCC approval because it puts out so little power it's of no practical use at all. Energous are at pains to point out advantages such as charging the devices at any angle, or compatibility with future long range Energous products, but once again there's no follow up with questions like:

Who are your major competitors to this charging pad? How does the Mini compare to them in charge rate, efficiency, and cost?

If it's a major revenue possibility for them, and they diverted from their core mission because it was so compelling, they should have a clear business justification. It's a simple question. How can you not ask this?!?!?

The Big Devices
Then we get to the full scale medium and large transmitters, and here's where the really interesting part happens. Remember the claims of 15 feet and multiple Watts? Gone, replaced by a 'very, very small amount of power', '15 feet from the transmitter, that’d be hard for us to increase the battery. We’d just keep it from going down.' and  'It’s not charging super fast, like you would be plugged in the wall, but a small amount of energy, trickle charging it.' Just like uBeam in their recent demo, they've suddenly gone from claiming huge charge rates like 'faster than a wire' down to 'trickle charge'.

Let me put this into an analogy the non-technical people can understand. Ever met some guy who boasts he can bench-press 1100 lbs and run the 100 meters in 9.5 seconds, and you know he's full-of-shit because those numbers are just beyond the world-records (1075 lbs and 9.58 seconds) and it would be amazing if he could do one of them? And then when you finally, finally, get him to the gym and track and find he can maybe do 150lbs and then falls over wheezing at 50 meters then staggers over the line in 30 seconds? That's what's happening here - yet everyone claps their hands in the tech example about their amazing progress rather than calling him out for being a blowhard. For anyone with a vague understanding of the situation, or physics, we're sitting wondering if we're the ones taking crazy pills.

Back to the article - it's as if these wireless power companies are all reading from the same playbook - and why not, it's not like tech journalists are going to call them on it. Here's a stunning line:

During my return visit, Energous never demonstrated its transmitters charging a phone — only low-power gadgets.

Let me be clear - a company that raised tens of millions of dollars on claims of huge range, charge rates, and short delivery times, is admitting that their original claims were greatly exaggerated and people need to scale back their expectations. More importantly, they don't show a phone being charged, about the only market that's actually worth addressing for a company with a billion dollar valuation requirement. Of course this led the journalist to ask "How this will impact the share price?", "How they could have got it so wrong?", "How are forward looking financial plans are clearly heavily impacted by the drastic reduction in sales this must imply?". Ha - no, looks like there was just a nod of the head as they took down what was told to them.

The Journalism
There was journalism in this piece though - good investigation, skepticism, and a revelation - sadly it didn't involve Energous itself, but on an internet commentator. The piece starts with the claim that a single person in the whole world was bothered by the original 2015 article - which is bizarre as there were many who questioned Energous, but that would ruin a good story. Todor Mitev appears to be a short seller - a person making money from a stock that goes down, rather than up - and has been following and commenting on Energous for some time. While the short selling does give someone an incentive to drive a price down, did the journalist even pause for a moment and say "Maybe he saw that the stock was overpriced due to the hype from journalists, is just highlighting the reality, and in this capitalistic world making some money from it too?" Apparently, a person like Todor with a financial incentive from short selling can't be trusted, but the three top execs of Energous who take home nearly $5 million a year between them from a company with no product or sizeable revenue are motivated by the angels. Yep, great job there.

There's some suspicion that Todor writes under pseudonyms on forums such as Seeking Alpha, and has been accused there of being the poster Richard X Roe. I've followed Roe's posts, which contain a lot of detailed and accurate physics, and I have had a few short exchanges with him. If his physics was wrong, then it could easily be called out, but in a similar way to how my articles on uBeam are criticized but never attacked for the maths or physics, it's his character that is questioned. Nicely done in re-iterating that line.

An important question to the author - if you asked the questions I've outlined above to Energous, would that impact your access in future, and put at risk your potential earnings as a journalist?

We're all motivated by money. All of us, it's just sometimes it's more obvious than others - but it doesn't necessarily impact the validity of what's being said. To be clear here, I have zero financial interest, long or short, in the fortunes of Energous. I don't even make money from this blog. Looks like I'm the only one with clean-hands - does this mean I get listened to more than any other player?

The Close-Up and Cop-Out
The article ends with some quite frustrating quotes. First, the CEO makes this statement:

We’re on the cusp here. We think that this will all be in the rearview mirror in the next six months or so.

So by the end of 2017 it's all going to be awesome? That's an easy one to follow up on. I'm sure we'll have a year end article doing exactly that. <cough> But it's one of the close-out lines that irritated me most of all. Our intrepid journalist writes:

I never did manage to find out exactly how realistic through-the-air charging is, how close it is to appearing in our phones and watches. I’m not sure anybody really knows.

Of course you didn't find out if it's possible, you failed to ask any serious questions, or even the easy questions. You didn't even try. The closest he gets is a quote from an MIT prof which was:

“I don’t like saying ‘never’ or ‘can’t work,'” he replied, “but I would be skeptical. My guess is that this sort of system, with phased-array antennae, might work, but it is probably not very efficient.”

which if you understand engineering speak is saying "Nope. Not going to work in any vaguely efficient or practical manner." Let me translate again to the bench-press/100 meter analogy "Yes, it's just maybe possible someone can lift that much, or run the 100 meters in that time, even one would be incredible, but two together even more unlikely. I'm just not saying "No" since maybe sometime in the next 100 years one person in a few tens of billions may be able to." 

But then he says "I'm not sure anybody really knows."

To David Pogue, the writer of this article I can say this - Really? THEN WHAT WAS THE POINT OF YOUR ARTICLE? 

You. Failed.

More than that, you failed when there are many people out there who show the ways in which what they claim can be disproved - how many did you speak to? This blog has several posts that are examples of this and refute many of the points made by Energous not with opinion but easily verifiable maths and physics.

David - I know you think you were being skeptical yet fair to Energous, but really, you just acted as a mouthpiece for them to do their PR again. This time instead of pumping up the stock early on, it's part of the slow letdown. You've been suckered. Again.

Two years ago you told us all it was real. Now you don't know. Why should we listen to you on this, other than you were chosen by Energous?

Last month on Seeking Alpha, I gave my opinion on the viability of Energous, and discussed it with an individual investor. He admitted he had no business, investing, or technical skills by which to judge the company, but it was clear he had been motivated by the publicity the company had generated, which your articles have been a small part of. Understand that your articles actually affect the finances of individuals. Your words have real consequences.

What you meant to say by "I'm not sure anybody really knows." is "It's beyond my capability to understand but rather than admitting so, I wrote the article anyway while thinking to be 'even handed'"

Tech journalism is actually important, and you turned an article about the vast overstatement of capability of a (then) $350 million market cap company, into a PR piece for them. Rather than do the hard job of asking a few basic questions that would highlight the reality of the situation, but endanger your future access, you did a 'gotcha' on an individual who uses a pseudonym and might make some cash when pointing out the realities of the technology. Easy path every time.

I get it, this stuff is actually really complex and hard to understand, beyond most people's capability - but there are some great tech journalists out there, that match skepticism with fair questioning and coverage, and manage to get the complexities explained to a lay audience. To every tech journalist out there, please, pretty please, with sugar on top - be part of the solution, not part of the problem.

Next in Part II - what's going on with Energous' share price?

Friday, December 30, 2016

Quick guide to spotting non-existent tech

I covered this earlier in a different post, but I wanted to highlight this list from an article in The Register, as a "Quick guide to spotting non-existent tech". Read the company press then go through this checklist when questioning their claims and whether there's more sizzle than steak.
  • Refusing to give a launch date.
  • Refusing to talk about the tech, claiming confidentiality or trade secrets.
  • Using news of investments or hires as evidence of technological progress.
  • Promoting itself on a big stage rather than in a small room.
  • Offering a well-crafted message and vision but becoming immediately vague when pushed on actual details.
  • Offering "exclusive access" – with restrictions.
  • Confusing working hard with making progress.
What's interesting in this is how many of these points require a compliant press, many of whom prefer publishing hagiographies rather than investigative pieces - after all it's quicker, easier, and doesn't end up making enemies among some rich and well connected people. Look at the months and years of work it took for John Carreyrou to uncover what was happening at Theranos, all the lawsuit threats and denials by the company. Isn't it much easier to do a puff piece on Elizabeth Holmes and how she just wanted to save the world? Garrett Reim of the LA Business Journal tweeted a comment on this yesterday following an article on the Unethical Side of Silicon Valley by Erin Griffith (which I'll comment on in a separate post).
This hits the nail on the head, though I think he may be being a little kind - and don't know which of the terms "enabling", "willfully ignorant", or "complicit" is more apt. That may sound harsh, but remember that the press is part of an ecosystem, and it's clear the incentives now reward them more for page views than accuracy or in depth reporting. They're supposed to be watchmen, but some are making money while choosing to look the other way.

How to improve this situation? All I can suggest is to follow the work of the good journalists, and ignore the 'work' of stenographers posing as reporters. Subscribe to the publications that do the hard work, and deny the others the benefit of claiming page views. In the end, money talks.

Edit: Here's another nice blog post on the "Anatomy of a Scam", specifically regarding Theranos.

Thursday, November 24, 2016

Support Real Journalism: Subscribe

If you're concerned about real news, quality journalism, and supporting people who are dedicated to getting the truth out there, then support it with money and subscribe to a newspaper or other outlet whose work you've admired. People like me who blog do so based off the primary work of real journalists - without them, there's nothing.

This year, John Carreyrou has been a standout journalist for his work on Theranos. He broke the story of a company that was risking the lives and health of all of us, deceiving customers and investors, and intimidating those within the company who tried to speak out - and his paper, the Wall Street Journal, supported him against the heavy handed legal threats made. This will make a real difference in people's lives, and the effects of Theranos' actions will be felt in the VC community for many years to come. This takes not just a journalist with skill and real determination to build and break a story, but an organisation that maintains standards and supports their reporters even when it gets tough.

If you want this type of journalism to continue, then support them with money - subscribe to their publication. This year, I've subscribed to the Wall Street Journal in large part due to Carreyrou's work, and also to the New York Times. The NYT is having a sale on subscriptions here, WSJ is having their Black Friday sale here.

I've also found myself reading Business Insider (Biz Carson did great work on Hampton Creek), Bloomberg, and Garrett Reim got me reading the LA Business Journal.

Whichever publication or journalist you've admired the work of - support them in whatever way lets them keep working and stay independent!

And to all those reading in the USA, Happy Thanksgiving!