Mediagazer: Statue of Liberty Tornado Photo on Twitter Dupes Media (Craig Kanalley/The Huffington Post)

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

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: NPR Topics, The Atlantic Online, The Wrap, Multichannel, Media Decoder, Yahoo! News, Moraes on TV, On Media's Blog, Think Progress and New York Magazine

Scott Rosenberg / Scott Rosenberg's Wordyard:

Forbes, fact-checking, and the media-political revolving door — “Don't they fact-check this stuff?” — This is the perennial cry of the outraged reader and the wronged article subject. The latest party to raise the fact-checking howl is the White House, which yesterday went public …

Discussion: Yahoo! News and Romenesko

Discussion: Talking Biz News and Politics Daily

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: eMedia Vitals and Mobile Media

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

Paul Biggar / Bad Nomenclature:

Why we shut NewsTilt down — A while back, we announced to our journalists that we shut NewsTilt down, only two months since we launched. I think people are interested in why it failed, and there are some interesting lessons in our demise, at least for me.

Discussion: GigaOM, Journalism.co.uk and MediaMemo

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

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 …

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.

Curtis Brainard / CJR:

“This is Our Beat” — Breaking news and the big picture in Audubon's special report on the oil spill — Shortly after the Deepwater Horizon sank and oil began erupting into the Gulf of Mexico in late April, the 105-year-old Audubon magazine did something that it had never done before …

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 Atlantic Online, Online Video News and NewTeeVee

Jeff Bercovici / DailyFinance:

CNBC's Dennis Kneale Set to Exit, Say Sources — Dennis Kneale's turbulent but entertaining tenure at CNBC is set to end, barring a last-minute plot twist. According to sources with knowledge of the situation, Kneale, the business channel's media and technology editor and one of its most recognizable faces …

Discussion: The Wire and TVNewser

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

Laura Oliver / Journalism.co.uk:

CNN teams up with journalism schools for new iReport University — Broadcaster CNN has launched a new mentoring initiative for student journalists as part of its user-generated site iReport. — The new CNN iReport University will team up with journalism schools across the globe …

Discussion: Turner Newsroom