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4:15 PM 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.
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.
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 …
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 …
Ken Auletta / News Desk:
Tim Armstrong's Hail Mary Pass  —  AOL's purchase of the Huffington Post is the equivalent of a fourth-quarter Hail Mary pass.  The game clock was ticking down on C.E.O. Tim Armstrong's pledge to demonstrate by the second half of this year that AOL could mount a comeback from the near dead.
Discussion: CNET News, Adweek, Brooks in Beta and SAI
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: SAI and On Media's Blog
Bill Kirtz / Poynter:
Zucker: NBC tried to buy Huffington Post for 18 months, couldn't agree on price  —  Just-ousted NBC Universal president and chief executive Jeff Zucker today praised AOL's $ 315 million acquisition of The Huffington Post.  He said NBC had tried for 18 months to buy the popular blog but “could never agree on price.”
Discussion: New York Observer
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.
Megan Garber / Nieman Journalism Lab:
“It just feels inevitable”: Nick Denton on Gawker Media sites' long-in-the-works new layout  —  This morning, “the biggest event in Gawker Media history” took place: Gawker's sites have officially launched their redesigns.  Go to gawker.com — or jezebel.com or deadspin.com or lifehacker.com …
RELATED:
Felix Salmon:
How to filter out fake news
Discussion: The Daily Dish
John Hudson / The Atlantic Wire:
Nick Denton: What I Read
Discussion: FishbowlNY and The Editorialiste
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).
RELATED:
John Gapper / John Gapper's blog:
The Daily lacks news stories, not multimedia
Discussion: Crikey
Matthew Hawn / Last.fm:
Last.fm Radio becomes a premium feature on mobile and home entertainment devices  —  On February 15, the radio service built into Last.fm mobile apps and on home entertainment devices will become an ad-free, subscriber-only feature.  —  Last.fm Radio will remain free on the Last.fm website in the US …
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.
Greg Sandoval / Media Maverick:
If Hulu loses CEO, who would want that gig?  —  Toast.  —  That's what Jason Kilar's career at Hulu is supposed to be soon if all the media speculation is correct.  —  Hulu is controlled by broadcast networks, NBC, ABC, and Fox, but that didn't stop Kilar, Hulu's CEO …
Discussion: NetNewsCheck Latest
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
Ayman Mohyeldin / @aymanm:
Safe & sound after being detained by the military Thanks 2 all for love/support Hope they Release all! Back 2 work Love Ayman #tahrir #jan25
Discussion: Aljazeera
Dan Frommer / SAI: Silicon Alley Insider:
Sarah Chubb Is Leaving Condé Nast After 20 Years  —  Condé Nast Digital head Sarah Chubb is leaving, the company just announced internally.  —  No successor has been named; Condé will name one in the “coming weeks.”  —  Condé has been shuffling its digital structure …
Discussion: MediaMemo
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:
Ravi Somaiya / New York Times:
Former WikiLeaks Colleagues Forming New Web Site, OpenLeaks  —  LONDON — As the WikiLeaks founder Julian Assange fights extradition to Sweden to face allegations of sexual wrongdoing, a dozen of his former colleagues are creating an alternative Web site for leaks to be governed …
Discussion: The Nation
RELATED:
Mathew Ingram / GigaOM:
NYT's Keller Almost Ready to Admit WikiLeaks Is Journalism
Discussion: Guardian and The Huffington Post, Thanks:mathewi
 
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 More News: 
PR Team at / @reuterspr:
Breaking news: Stephen Adler named editor-in-chief of @Reuters , David Schlesinger will become chairman of Thomson Reuters China
Pasha Malla / Nieman Journalism Lab:
YouTube and basketball memories: FreeDarko's Pasha Malla on fandom …
Nat Ives / AdAge:
Magazines' Place as Paid Content Once Again Erodes
Johnnie L. Roberts / The Wrap:
Corporate Flip-Flop: Big Media's Flacks Keep Swapping Jobs
Tim Glanfield / Guardian:
Digital economy or bust: the story of a new media startup - part five
Amir Efrati / Wall Street Journal:
Yahoo Works Toward Personalized Mobile Content
Frédéric Filloux / Monday Note:
Tear down this PDF  —  The PDF document format is digital publishing's worst enemy.
 Earlier Picks: 
David Carr / New York Times:
Ridiculed, an N.F.L. Owner Goes to Court
Discussion: TBD All News, DCist and MinOnline
Wall Street Journal:
Shorts  —  With Co-Host Away, ‘Parker Spitzer’ Rises
Nora Paul / Online Journalism Review:
Curation questions and the start of some answers
Amy Wicks / WWD Media Headlines:
Memo Pad: Rolling Stone Expands Licensing Business
Discussion: FishbowlNY
Chris Roush / Talking Biz News:
Blogs keep real estate media honest
Mike Shields / Mediaweek:
Editorial Off the Charts
 

 
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 releases QvQ-72B-Preview, an experimental research model focused on “enhancing visual reasoning capabilities”, built on 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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