Mediagazer: The Semantic Web is Coming to Newsrooms this Summer, Hearst's CTO Michael Dunn (Andy Plesser/Beet.TV)

Jim Cramer Hits an All-Time High — Elks Lodge 1246 is located on the floor above Tony's Clip Joint in Summit, N.J., a small town about 40 minutes from Wall Street. On a chilly Monday evening in February, I climbed the musty stairwell to the clubhouse and walked in on a scene right …

Discussion: The Big Picture, The 6th Floor, The Daily Beast, The Atlantic Wire, Poynter, Inside Cable News and Gawker

Andy Plesser / Beet.TV:

The Semantic Web is Coming to Newsrooms this Summer, Hearst's CTO Michael Dunn — An industry initiative, lead by The New York Times, the AP and Getty Images, to surface deep data around news content including video, will be introduced in the Hearst newsroom this summer.

Discussion: Future of Journalism

Robert Andrews / paidContent:

Interview: Steve Forbes Says Pay Walls Can't Pay The Way — “Even if you have a successful paywall, the revenue you get will not come close to matching what you're going to get on the advertising side,” Forbes Media chairman and former presidential candidate Steve Forbes told paidContent:UK.

Discussion: Subtraction.com

Laura Hazard Owen / paidContent:

The Bestsellers: Fortune Article ‘Inside Apple’ Beats Out Full-Length Books — Among the usual suspects like Michael Connelly and James Patterson on the top 10 list of paid Kindle bestsellers this week was something of a surprise: “Inside Apple—From Steve Jobs Down to the Janitor …

Discussion: TechCrunch, more at Techmeme »

Tim Carmody / Nieman Journalism Lab:

Kara Swisher, Michael Arrington, and me: New conflicts, and new opportunities, for the tech press — Changing technology is changing journalism in more ways than we can probably even understand. One of those changes concerns the definitions of “journalist” and “journalism” themselves …

John Eggerton / Broadcasting & Cable:

New Bill Would Criminalize Illegal TV Show Streaming — Currently, felony status only applies to uploads and downloads — A bipartisan trio of Senators Thursday introduced a bill that would make illegally streaming TV shows or movies a felony. — The bill (S. 978) was introduced …

Discussion: Techdirt and Free Press

Sam Gustin / Epicenter:

Burson-Marsteller Deletes Critical Facebook Posts, Spares Google-Smear Flacks — Updated May 13, 2011 at 5 p.m. EDT with response from a Burson spokesperson, who acknowledged the deletion depicted above. — Just when it looked like the Facebook Burson-Marsteller black-ops anti-Google smear scandal …

Discussion: AdPulp, Chelgate Blog, Future of Journalism, PRWeek US, Guardian, All Facebook and Techdirt

Rachel Metz / Associated Press:

CEO Tim Armstrong on AOL's turnaround — NEW YORK — A lot has changed at AOL as it tries to shed the vestiges of its '90s image: the iconic “You've got mail” greeting and the promotional CDs stuffed into mailboxes across the country. — The company has engaged in an artsy rebranding …

Lucia Moses / Adweek:

NewsBeast Loses Managing Editor Brekke Fletcher leaves for WSJ By Lucia Moses — It's one step forward, one step back for Tina Brown's Newsweek, which has lost a key hire even as its ad pages get a shot in the arm. — Brekke Fletcher, the Maxim managing editor who joined Brown's operation in December …

Discussion: The Daily Beast, Runnin' Scared, Poynter, Yahoo! News, mediabistro.com, FishbowlNY, MinOnline and New York Magazine

Rabia Mehmood / At War:

Pakistan Loses Another Journalist — “You better come to your senses.” This was the last threat received by Pakistani journalist Nasrullah Afridi days before he was killed in a car bomb blast in Peshawar on May 10, his friend and colleague Sher Khan said in a telephone interview.

Michael Calderone / The Huffington Post:

When's Katie Couric's Last Day? — NEW YORK — Katie Couric plans to announce on Friday's âCBS Evening Newsâ that her last night anchoring the broadcast will be Thursday, May 19, according to a CBS source. — Two weeks ago, Couric ended speculation about whether or not sheâd stay …

Discussion: The Atlantic Wire

Bloomberg:

Washington Post Shorts Triple as Declining Newspaper Loses Kaplan Bulwark — Investor bets against the stock of the Washington Post Co. (WPO) have more than tripled over the past year, as the government investigated the for-profit education business and the company's earnings dropped.

Discussion: College Media Matters and Poynter