Mediagazer: In Hyperlocal News, Where's the Urgency? (Rick Edmonds/Poynter Onilne)

Keith J. Kelly / New York Post:

Harman, Diller could bring ‘News-Beast’ to life — Tweet — Speculation is swirling anew that Barry Diller is working on a plan to combine his IAC/InterActiveCorp-owned Daily Beast with the Newsweek digital operations. — Such a combination would give both Web operations some critical mass …

Discussion: New York Observer, Mediaite, Romenesko, Gawker, The Wire, The Atlantic Online, New York Magazine and NYConvergence

Felix Salmon:

Teaching journalists to read — Every six months or so, The Audit, CJR's financial-journalism blog, holds a breakfast to update interested parties on how the blog is doing. Each breakfast has an invited speaker, and so it was that I found myself at 7:45 this morning in a very posh Upper East Side club …

Wall Street Journal:

News Sites Study Social Media — News organizations are more scientific about studying the value of readers they hook through social media like Twitter and Facebook, as they seek ways to exploit the channels without cannibalizing their businesses. — Icahn Takes Blockbuster Debt Holding

Discussion: Kirk LaPointe's …

Robert Niles / Online Journalism Review:

Nobody's making money online - except the folks who are — By Robert Niles: Rafat Ali's right. The news industry is a lousy business now. — Competition's cutting ad rates as technology flattens the industry, destroying economies of scale that once enabled news companies to profit by consolidating into national chains.

Frances Martel / Mediaite:

Jon Stewart To Throw ‘Rally To Restore Sanity’ On 10.30.10 In DC — Imitation is the sincerest form of flattery- or at least that's what Glenn Beck will be hoping for when he hears this news. Tonight, Jon Stewart announced the “Rally to Restore Sanity”: a march on Washington for people …

Discussion: The Atlantic Online, NPR Topics, The Wrap, Multichannel, Broadcasting & Cable, Media Decoder, Guardian, Moraes on TV, Think Progress, On Media's Blog and New York Magazine

Jeff Bercovici / DailyFinance:

Apple vs. The Onion: App's Rejection Shows Flaw in New Guidelines — Last week, I told you that Apple's new guidelines for app developers are a failure — that they merely codify the confusion over what kinds of content Apple will or won't reject rather than clearing it up.

Discussion: Poynter Online and eMedia Vitals

John Melloy / CNBC:

Third of Young Netflix Users Cut Cable — An alarming survey by Credit Suisse should serve as a wake up call to the broadcast networks and cable companies that they need to take control of their revenue destiny right now, while they still have some negotiating power.

Discussion: The Wire, The Atlantic Online, Online Video News and NewTeeVee

Economist:

A smashing success — The iPad is transforming media firms, and frustrating them — THE advertisement for Newsday's iPad application starts blithely enough. A man in a shirt and tie sits in the kitchen, reading the New York newspaper on his tablet computer.

Discussion: Poynter Online

Craig Kanalley / The Huffington Post:

Statue of Liberty Tornado Photo on Twitter Dupes Media — It's 2010. That means we can get lazy and just grab photos from Twitter and call it journalism, right? — Absolutely not. Journalists must do a better job vetting the information and multimedia that flows from social networks.

Discussion: The Wrap, newsfeed.time.com, Runnin' Scared, Gawker and mediabistro.com

Gautham Nagesh / The Hill:

FCC's Baker: Government shouldn't bail out the media — Government funds for the ailing media industry would jeopardize the freedom of the press and undermine the public's trust in its reporting, according to Federal Communications Commission (FCC) member Meredith Attwell Baker.

Discussion: Company Town

Chantal Goupil / WWD Media Headlines:

Hell Is for First Ladies?... Meacham's Job Up for Grabs... Demarchelier Watch... HELL IS FOR FIRST LADIES?: Media attention in Europe has shifted away from First Ladies Michelle Obama and Carla Bruni-Sarkozy's respective wardrobes to meatier fare — the specter of a strained relationship between …

Rick Edmonds / Poynter Onilne:

In Hyperlocal News, Where's the Urgency? — Not to get all Newtonian, but let me propose Edmonds' Law of Inverse Urgency: the more local or hyperlocal the news, the less important it is to get it right away. — I would keep these musings to myself, except that ventures like AOL's Patch …

Discussion: Lost Remote

Kristen Schweizer / Bloomberg:

Murdoch Banks on Rooney Hooker, Cocaine for Paywall Plans — James Murdoch's plan to charge for online access to U.K. tabloid News of the World shows he's extending his paywall model even as advertisers flee websites of two of his other newspapers where Internet readers have to pay.

Discussion: Journalism.co.uk, The Wall Blog and Guardian

Rachel McAthy / Journalism.co.uk:

UK newspaper puts editorial content onto Foursquare — Reviews from Metro will now be available through location-based service Foursquare, the first UK newspaper to provide editorial content on the platform. — Users will be able to view location-relevant restaurant and film reviews …

Discussion: paidContent:UK and The Next Web

Richard MacManus / ReadWriteWeb:

Tumblr Leaves Posterous in the Dust — One of the more interesting startup battles in recent times has been Tumblr vs. Posterous, two light blogging services that make it easy for anyone to publish ‘found’ things very quickly and at the click of a button. Tumblr was the first kid on the block …

Discussion: New York Observer

Mary Elizabeth Williams / Salon:

Chilean mining disaster: The agony of slow news — Two of this year's most tragic stories have one thing in common: They remind us of our own powerlessness — The splashy media world of round-the-clock disaster does not lend itself to footage of people standing around and waiting.