Careful here. I recommend you watch an episode of Vice on HBO. I had my doubts as well, but the reporting on that show is great and my only criticism is that its too short. The article you posted is just an opinion of that person and she doesn't provide specific examples or lay it out objectively. I just recommend checking it out and then judge it for yourself.
I haven't had a chance to read that New Yorker article yet, but who would you think would benefit from this bike article? Do you think it's a paid placement from a bike manufacturer?
There's a significant difference between Vice and the publications (like the NY Times) that PG refers to in his article:
Vice has a POLICY of taking money from companies in exchange for allowing editorial control. As in, they encourage and have acknowledged this practice. They represent a strange, blurry hybrid between an ad agency and a news outlet.
Makes me prefer Vice. It seems worse and obviously deceptive to routinely do what is mentioned in the article and yet have no policy or anything for it. As if that makes it less wrong (the opposite in my opinion).
On top of questionable reporting practices, companies can pay to influence the content of articles and the type of coverage.
Examples: http://www.newyorker.com/reporting/2013/04/08/130408fa_fact_...