Media Quotes of the Week: From Trump tweets far-right fake news, CNN's Amanpour returns fire and is Twitter a bubble waiting to burst?

The Mirror reports: "At least one of the Britain First videos shared by US President Donald Trump is fake news....The tweet reads: "VIDEO: Muslim migrant beats up Dutch boy on crutches!" The video appears to have originated from Dutch website Dumpert but has since been removed. According to two other Dutch websites , the “Muslim migrant” in the video was later found by authorities and was neither a migrant, nor indeed a Muslim."

Donald Trump‏ on Twitter: "@FoxNews is MUCH more important in the United States than CNN, but outside of the U.S., CNN International is still a major source of (Fake) news, and they represent our Nation to the WORLD very poorly. The outside world does not see the truth from them!"

Christiane Amanpour@camanpour on Twitter: Replying to @realDonaldTrump @FoxNews "At CNN we dodge bullets to bring you the news. Nothing fake about that. #FactsFirst"

Christiane Amanpour‏@camanpour  on Twitter: "It was shocking not only for what it says about President Trump’s state of mind, but for all but authorizing authoritarian regimes around the world to target CNN and other journalists. Without journos’ sacrifice and service, all that remains is propaganda and lies. Damned lies."

Rory Cellan-Jones‏ on Twitter: "If I worked for Fox News I’d be deeply embarrassed by this tweet and angry on behalf of my CNN colleagues. Is there no solidarity amongst US journalists?"

Donald Trump on Twitter: "We should have a contest as to which of the Networks, plus CNN and not including Fox, is the most dishonest, corrupt and/or distorted in its political coverage of your favorite President (me). They are all bad. Winner to receive the FAKE NEWS TROPHY!"

Stig Abell‏@StigAbell on Twitter: "Buzzfeed had a strong new model, invested in really good journalism, and now is laying people off. The economics of journalism is shot. Facebook will win, and there will be just selfies to share on it."

Martin Belam‏ on Twitter: "The drive to be first to publish breaking rumour without proper sources, and the way that algorithms favour the most sensational angle are making people not adhere to journalistic principles."

Inside Housing deputy news editor Sophie Barnes speaking at City University about how the magazine published a story months before the Grenfell Tower blaze warning about the safety of tower block cladding: “We sent that story around to all the nationals, we sent it around to as many people as we could to get some interest and there wasn’t the interest because no-one had died.”

Ken Clarke interviewed by the Competition and Markets Authority, as reported in the Guardian: “Quite how David Cameron got the Sun out of the hands of Gordon Brown I shall never know. Rupert would never let Tony [Blair – Brown’s predecessor] down because Tony had backed the Iraq war. Maybe it was some sort of a deal. David would not tell me what it was. Suddenly we got the Murdoch empire on our side.”

Matt Tee, chief executive of the Independent Press Standards Organisation, announcing a new low-cost arbitration scheme: “A key theme of the Leveson report was access to justice for those that can’t afford to go to court. The new IPSO scheme means that anyone can bring a claim against a newspaper for a fee of £50. Access to low-cost arbitration is an important part of the service we offer to the public and I’m pleased that we have been able to reduce the up-front cost of arbitration for a claimant to just £50. In fact, even if the hearing proceeds to final ruling, the maximum it will cost a member of the public is £100, thus making the IPSO scheme fully Leveson-compliant. The culture select committee called for IPSO to offer low cost arbitration in its response to the DCMS consultation on Section 40. We have listened and acted.”

The Independent Press Standards Organisation in rejecting a complaint against an article in the Sun by Trevor Kavanagh: "The Committee acknowledged that the question posed at the end of the column – “What will we do about The Muslim Problem then” – was capable of causing serious offence, given it could be interpreted as a reference to the rhetoric preceding the Holocaust. The Committee made clear that there is no clause in the Editors’ Code which prohibits publication of offensive content. It was clear that many, including the complainant, were offended by this aspect of the article, but there was no breach of the Code on this point."

Peter Preston in the Observer: "Stop Funding Hate may legitimately urge Mail readers to quit (and Mail readers may, equally legitimately, examine the causes SFH espouses and make up their own minds). But trolling rather nervous companies such as Paperchase isn’t legitimate. It’s the thin end of a dangerous wedge – with no winners in sight, from left or right. As last week’s Ipso complaints ruling on Trevor Kavanagh’s “The Muslim Problem” column for the Sun mordantly observes: “There is no clause in the editors’ code which prohibits publication of offensive content”. Nor should there be."

Nick Cohen on Standpoint: "Twitter feels dead. As a business, it looks like a bubble waiting to burst. As a means of communication, it is running out of luck. Donald Trump may splutter his hatreds on it. Journalists may treat it as more important than their newspapers. Legions among its 320 million users might believe that their Twitter persona is the most vital face they present to the world. But it has never made a profit, because Facebook and Google have cornered the online advertising market.No one looks to me for investment advice. But I’m going to give it anyway. Sell."