Top News:

An update from the Chairman — When I joined Google in 2001 I never imagined—even in my wildest dreams—that we would get as far, as fast as we have today. Search has quite literally changed people's lives—increasing the collective sum of the world's knowledge and revolutionizing advertising in the process.
Discussion:
Google Investor Relations, TechCrunch, VentureBeat, paidContent, MediaMemo, Wall Street Journal, Gawker, New York Observer, Relevant Results, SAI, Between the Lines Blog, Epicenter, Engadget, @romenesko, Gizmodo, ReadWriteWeb, The Next Web, This Just In, New York Times, Digits, Tech Trader Daily and Daring Fireball, more at Techmeme »
RELATED:

Day-to-day adult supervision no longer needed! http://goo.gl/zC89p
Discussion:
TechCrunch, MediaMemo, SAI, Digits, @mat, @caro and Between the Lines Blog, more at Techmeme »


NY Times to Charge Less Than $20/Month for Web Access — New York Times Co. will charge readers less than $20 a month for full access to its namesake newspaper on the Web when the company introduces its paid service, a person familiar with the matter said. — The price has been set at less …
Discussion:
paidContent, The Wire, New York Observer and @pkafka

Warren Buffett to step down from Washington Post Co. board — Warren E. Buffett, the chairman of Berkshire Hathaway, said today he would step down from the board of The Washington Post Co. this May. He has served on the board since May 1996 and previously had a tenure on the board from 1974 to 1986.
Discussion:
Media Decoder, Deal Journal, MediaFile, Poynter, Gawker and The Daily Caller


A Racy Show With Teenagers Steps Back From a Boundary — MTV executives have a new hit drama on their hands, featuring the sexual and drug-fueled exploits of misfit teenagers. They also have something else — a fear that coming episodes of the show may break the law.

A manifesto for the simple scribe - my 25 commandments for journalists | Tim Radford — Former Guardian science editor, letters editor, arts editor and literary editor Tim Radford has condensed his journalistic experience into a handy set of rules for aspiring hacks
Discussion:
@felixsalmon, @jayrosen_nyu, Common Sense Journalism and blogs.journalism.co.uk, Thanks:fredericl


New year brings delays for expected media launches — For the media-obsessed, 2010 was largely spent looking ahead to 2011. — This January was to bring four major launches or relaunches. In the waning days of December, it still seemed reasonable to expect that each debut might happen before the second calendar month of the year.


Amazon Buying Lovefilm To Build European Movie Rentals Business — Amazon (NSDQ: AMZN) has finally confirmed it's buying the 58 percent of Lovefilm it doesn't already own - its bid to become a major European online movie subscription business. There's no price disclosed …
Discussion:
Media Week, TechCrunch Europe, The Next Web, Index Ventures Blog, Guardian, VentureBeat, Multichannel, FT tech hub, The Business Insider, Company Town, SAI, GigaOM, CNET News, TechFlash and MediaMemo
RELATED:

Interview: Lovefilm Investor Says Amazon Exit Is A Win-Win
Discussion:
VatorNews


DAILY BEAST: We're Not Paying Howard Kurtz $600,000 A Year! — Yesterday, we wrote about the rumors of astronomical salaries being paid to mainstream media stars who have jumped ship and joined new-media outfits like the Huffington Post and Daily Beast. — We said that we had been unable …
Discussion:
Poynter, Gawker, Runnin' Scared, PE Hub Blog, Clusterstock and New York Observer


Techmeme and Mediagazer will now include Tweets as headlines — Techmeme founder Gabe Rivera and Mediagazer founder Megan McCarthy announced today, on Twitter, that they both news aggregation sites will be including Tweets as headlines going forward. — In July of last year …
Discussion:
ReadWriteWeb and @mikepilarz, more at Techmeme »
RELATED:

Tweets are now being shown directly on Mediagazer - @reply with something fun to join the Discussion!
Discussion:
Techmeme News, TechCrunch, @bobcaswell, @taylorbuley, @gilzino, @eghosao, @mathewi, Mediagazer News, SAI, @cksample, @kevinmarks, @mattbinder and @edmundlee, more at Techmeme »


Magazines Still Struggling With This Social Media Business — The future of magazines is still in the 20th century, admits the Association of Magazine Media. — The message from publishing executives and their resident social media gurus at the MPA's inaugural Social Media conference …
Discussion:
iMediaConnection Blog, GigaOM and FishbowlNY


CNNMoney.com Integrates LinkedIn To Keep Readers On Site Longer — CNNMoney, the online face of Fortune magazine, is integrating business social network LinkedIn the Time Inc. (NYSE: TWX) mag's annual list of the 100 Best Companies to Work For. The is the first real test of LinkedIn's new …
Discussion:
Talking Biz News and Denver Post


You Can Ring Its Bell: Demand Media Heads to Wall Street Next Week — According to numerous sources with knowledge of the situation, Demand Media will finally launch its public offering later next week, after it completes its road show for investors. — Once it has its IPO …


The Newsonomics of Mr. Murdoch's Daily — [Each week, our friend Ken Doctor — author of Newsonomics and longtime watcher of the business side of digital news — writes about the economics of the news business for the Lab.] — Let's pause for a moment and reflect. — It's a daily newspaper being taken to the web.


Joost Video Network Becomes Stand-alone Business Unit — Adconion Media Group plans to announce Thursday the spinoff of the Joost Video Network into a stand-alone business unit. The newly launched digital media company will provide premium branded solutions for advertisers and brand marketers seeking …


Arianna Huffington to Launch Site for Blacks — Arianna Huffington is set to launch a new website that will focus on the black community. — The site — dubbed “HuffPost Global Black” — will purportedly offer “news, politics, culture, opinion, and video through the lens of the black experience.”
Discussion:
FishbowlNY, Yahoo! News and WebNewser


WaPo Newsroom Upset Because Black Lady With Boobs Hosts WaPo Webcast — America's strangest joke of a newspaper is the Washington Post, an Onion-style bland suburban daily that seems to shrink deeper into itself each morning. With a news section full of utterly random paragraph-sized chunks …
Discussion:
New York Observer, FishbowlDC, @annaholmes and mediabistro.com