Mirror Awards honor Wolff, Bloomberg, Twitter

Arianna Huffington, Katie Couric also attend awards luncheon

NEW YORK -- For those worried that the media industry and journalism are slowly dying, Arianna Huffington suggested Thursday that it could be worse.

"The good news is we're doing much better than the offshore drilling business," she joked at the fourth annual Mirror Awards luncheon, referring to the Gulf of Mexico oil spill that has been a focus of media coverage.

Established by Syracuse University's S.I. Newhouse School of Public Communications in 2006, the Mirror Awards honor the reporters, editors and teams of writers who hold a mirror to their own industry for the public's benefit.

CBS News' Katie Couric served as emcee at the Plaza Hotel. Among the previously announced honorees were Michael Wolff from Vanity Fair for best commentary, traditional media; Bloomberg, which won the Fred Dressler Achievement Award, and Twitter, honored with the i-3 Award for impact, innovation and influence.

During his acceptance speech, Twitter co-founder Biz Stone said his company "is not a triumph of technology, it's a triumph of humanity," highlighting the company's political and social impact.

In a reference to Twitter's need to develop a real business model, Stone said: "We're just getting started; we still have a lot of work ahead of us."
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