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Going Native (Flash Boys edition)

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Among writers on finance, none has been more interesting to me in recent years than Felix Salmon, of Reuters news service. So when he quit last week to join the digital side of Fusion, a cable television network, in order to pursue “post-text” journalism, I wondered what he had in mind. Fusion is a joint venture of ABC, the diversified US commercial broadcasting network, and Univision, the surging Spanish language television network. Then I remembered that ABC has been owned since 1996 by The Walt Disney Company. At that point I thought I understood the deeper logic of why Felix