What happened to actual news reporting?

Is it just me, or are many of the technology news sites doing nothing more than “reporting” press releases anymore?

I subscribe to several tech-news sites, and it’s rare that there’s a subject that is only reported by one of them. I see a headline about a new coupons-by-cell-phone service called Cellfire in the RSS feed for one site, and see it again on another within minutes. Some such stories are reported by five or more sites, near-simultaneously. To me, most of those have the distinctive odor of a press release, backed up with some superficial examination of a web site or two.

I suppose it’s not all bad. Even if you only read one half-decent site, you’re bound to get most of the tech-news that’s available. It’s just irritating, at least to me.