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11:55 AM ET, February 7, 2011

Mediagazer

 Top News: 
New York Times:
Betting on News, AOL Is Buying The Huffington Post  —  The Huffington Post, which began in 2005 with a meager $1 million investment and has grown into one of the most heavily visited news Web sites in the country, is being acquired by AOL in a deal that creates an unlikely pairing of two online media giants.
RELATED:
Kara Swisher / BoomTown:
You've Got Arianna: AOL Buys Huffington Post for $315 Million in Cash and Stock, Appoints Huffington Editor in Chief  —  In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web's most prominent news and opinion sites.
Arianna Huffington / The Huffington Post:
When HuffPost Met AOL: ‘A Merger of Visions’  —  I've used this space to make all sorts of important HuffPost announcements: new sections, new additions to the HuffPost team, new HuffPost features and new apps.  But none of them can hold a candle to what we are announcing today.
Kara Swisher / BoomTown:
Exclusive Video: AOL's Tim Armstrong and HuffPo's Arianna Huffington Talk About Their Acquisition Touchdown From the Super Bowl  —  Here's an exclusive video interview BoomTown did with Huffington Post co-founder and Editor in Chief Arianna Huffington and AOL CEO Tim Armstrong this morning …
Discussion: Guardian, Gawker, SAI, Screenwerk and TUAW
Dan Lyons / The Daily Beast:
Huffington Post and AOL: You've Got a Mess  —  AOL's pseudo journalism, Huffington Post's miniscule ad rates, and editors with big egos and a tough boss will doom the just-created media company.  Dan Lyons on the disastrous deal.  —  It is no surprise that AOL is buying Huffington Post.
Erick Schonfeld / TechCrunch:
Armstrong's Internal Memo To AOLers About The HuffPo Deal  —  At midnight, AOL announced that it will buy the Huffington Post for $315 million.  Below is the internal memo AOL CEO Tim Armstrong sent to all AOL employees (except us, they don't trust us with anything) about the transaction.
Peter Kafka / MediaMemo:
Arianna Huffington On Her New AOL Job: “I Want To Stay Here Forever”  —  Tim Armstrong and company spent yesterday explaining their $315 million Huffington Post purchase to the press.  Now they're doing the same for Wall Street, via a conference call.  —  AOL CFO Artie Minson prepped investors …
Discussion: On Media's Blog, SAI and BoomTown
Peter Kafka / MediaMemo:
AOL + Huffington Post Won't Go to 11.  But It Does Make Sense.  —  There are lots of Web M&As that don't make much sense.  But after you get past the “OMG!!!!!” novelty of AOL's $315 million Huffington Post buy, this one has a straightforward logic to it: Old, big, slow company buys new …
Alexis Madrigal / The Atlantic Online:
The Note Arianna Huffington Sent to Her Bloggers About the AOL Acquisition
Ken Auletta / News Desk:
Tim Armstrong's Hail Mary Pass
Discussion: Guardian, Adweek and SAI
Steve Case / @stevecase:   Why AOL + HuffPost Makes Sense http://bit.ly/fcc2SM I agree, makes sense strategically. Was just teasing about 1+1=11. Congrats Tim/Arianna.
Staci D. Kramer / paidContent:
Super Bowl XLV: The Daily's Gamble  —  With a value of $3 million and a reach that can't be matched, an ad on the Fox broadcast of Super Bowl XLV is one of the biggest marketing weapons in the News Corp (NSDQ: NWS). arsenal.  Getting one of the house spots is a great opportunity for The Daily …
RELATED:
John Gapper / John Gapper's blog:
The Daily lacks news stories, not multimedia
Discussion: Crikey and Sample the Web
John Hudson / The Atlantic Wire:
Nick Denton: What I Read  —  How do other people deal with the torrent of information that pours down on us all?  Do they have some secret?  Perhaps.  We are asking various people who seem well-informed to describe their media diets.  This is from a conversation with Gawker Media owner Nick Denton.
RELATED:
Felix Salmon:   How to filter out fake news
Brian Stelter / New York Times:
Al Jazeera Hopes Reports From Egypt Open Doors in U.S.  —  DOHA, Qatar — “Our bureau in Cairo has been attacked.”  —  Phone calls and e-mail on Friday spread that short message through the Doha headquarters of Al Jazeera, the satellite news network.  It was an ominous start to the day …
RELATED:
Aljazeera:   The media battle for Egypt
Richard MacManus / ReadWriteWeb:
The Daily vs. Flipboard: One of These is The Future of Newspapers...  Last week Rupert Murdoch's iPad-only newspaper The Daily was launched.  The Daily is a newspaper app available to U.S. users on the iPad for 99c per week (the first 2 weeks are free; non-U.S. people can download it for trial via this method).
Jose Zamora / KnightBlog:
Knight and Mozilla Foundations launch partnership to advance media innovation  —  Technology changes fast.  Technology companies are built to handle continuous change.  News organizations, even new ones, often are not.  These facts are a challenge, but also a great opportunity to promote quality journalism and media innovation.
Cory Bergman / Lost Remote:
Best (and worst) Super Bowl social media moments  —  More people than ever watched the Super Bowl with an eye on their Twitter stream, making this the most social of all Super Sundays to date.  From the commercials to the halftime show, here are some of the best (and worst) social moments of the Super Bowl:
Wall Street Journal:
Shorts  —  With Co-Host Away, ‘Parker Spitzer’ Rises  —  “Parker Spitzer” sans “Parker” is experiencing a renaissance.  —  Overall viewership for the CNN evening program, co-hosted by Eliot Spitzer and conservative columnist Kathleen Parker, more than doubled this week …
Nora Paul / Online Journalism Review:
Curation questions and the start of some answers  —  By Nora Paul, Kathleen A. Hansen, Yoshi Suzuki: Information curation, like data visualization, is one of the buzzwords being used by those trying to guide, and goad, news organizations into thinking about new content models.
Amy Wicks / WWD Media Headlines:
Memo Pad: Rolling Stone Expands Licensing Business  —  ROLLING ON: The Hard Rock Cafe has a new competitor in Rolling Stone.  With a restaurant on the way and a new deal signed with IMG, the magazine plans to extend its licensing business into new categories, including electronics and gaming …
Discussion: FishbowlNY
 
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Discussion: Guardian and NetNewsCheck Latest, Thanks:mathewi
 

 
From Techmeme:

Gleb Bryanski / Reuters:
Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions

Qwen:
Alibaba's Qwen unveils QvQ-72B-Preview, an experimental research model focused on “enhancing visual reasoning capabilities”, built upon Qwen2-VL-72B

Bloomberg:
Taiwan's FTC blocks Uber's $950M acquisition of Delivery Hero's Foodpanda, arguing it would decrease competition as their combined market share would be 90%+
 
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