Communications yellow journalism

Does yellow journalism still exist today?
Please read the following two articles on “yellow journalism”, define and describe what it was historically, and answer the following question giving your own analysis and opinion: “Does yellow journalism still exist today?”

http://www.pbs.org/crucible/journalism.html
http://www.nytimes.com/1998/02/15/weekinreview/the-world-remember-yellow-journalism.html