Top News:


News Corp.'s Lost $7B Shows Investor Concern — News Corp. (NWSA)'s loss of $7 billion in market value over four trading days shows investor concerns that a probe into alleged phone hacking by journalists at one London newspaper could have a broader impact on the company.
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RPT-COLUMN-It pays to be Murdoch. Just ask US gov't: DCJohnston — David Cay Johnston is a Reuters columnist. The opinions expressed here are his own. — (Reuters) - Rupert Murdoch may not garner as much attention for his financial savvy as he does for his journalistic escapades …
Discussion:
Future Journalism Project


WSJ Ex-Editor on Scandal: News Corp. ‘Incompetent or Complicit’ (Exclusive)
Discussion:
Guardian, The Wire and Media Matters for America

Rupert Murdoch's BSkyB bid is slipping with David Cameron's U-turn
Discussion:
Media Matters for America, Adweek, Paul Krugman, MediaPost, Economist and The Huffington Post

News Corp. Sends Signal to Wall Street With $5 Billion Share Buyback
Discussion:
News Corporation and Media Decoder

News Corporation Moves to Delay BSkyB Deal to Avoid Its Collapse
Discussion:
NPR, Poynter, DealBook and New York Magazine

In Defense of Murdoch — NEW YORK — Fair warning …
Discussion:
Media Research Center and Mediaite


Thanks for the Apology, Huffington Post. Now Please Apologize to the Writer You Suspended — An Open Letter From Our Media Guy to Peter S. Goodman … Dear Peter, — My sincere thanks to you for your gracious apology. Your incredibly swift response to my column was heartening.
Discussion:
The Wrap, digiday:DAILY, Erik Wemple, Future Journalism Project, Poynter, The Daily Caller and New York Magazine
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HuffPo Fires Writer for Doing ‘What We Were Taught and Told to Do’ — The Huffington Post indefinitely suspended a young blogger today for rewriting too much of someone's news article. This is pretty ridiculous, given HuffPo's systematic, officially-sanctioned approach to rewriting too much of people's news articles.
Discussion:
New York Magazine, The New York Observer, CJR, Silicon Valley Watcher, AdAge, Erik Wemple, Fortune, Poynter, Editors Weblog, AllThingsD and Poynter


Bin Laden Hunter ‘CIA John’ Identified — The Man in the Yellow Tie, with Clinton and Panetta, and in a college yearbook photo. — Anyone who's ever logged in to a social network while in a jubilant, possibly intoxicated, frame of mind knows the dangers.
Discussion:
News Desk, New York Magazine, Runnin' Scared, Mashable! and Guardian
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Gawker Tries to Reveal Identity of CIA Agent Behind Bin Laden Kill
Discussion:
The Wire

U.S. has same number of newspapers now as in 1890s — Stanford has used data from the Library of Congress to illustrate the spread of all kinds of newspapers across the U.S. from 1690 to 2011. Users can see which cities had multiple papers and click on them to learn more about them.

Journalism students must bridge 'digital divide 2.0′ to become less old-school — Assistant professors Alexa Capeloto and Devin Harner say young journalism students “know how to act the part of digital natives,” but “they're inclined to see the Internet as a tool for entertainment and socializing …
Discussion:
USA Today and MediaShift


Gawker on Drugs (Literally!) — On Monday, Deadspin editor A.J. Daulerio unrolled a fairly epic foray into the world of stunt journalism: an attempt to re-create Major League pitcher Dock Ellis' infamous no-hitter of June 12, 1970 against the San Diego Padres, pitched while tripping on LSD.

Reuters' Digital News Chief: “This is the Most Amazing Story Around” — The appointment of Anthony De Rosa, a product manager at Reuters who quickly became the company's Social Media editor, is “the most amazing (journalism) story around,” says Jim Impoco, Executive Editor, Thomson Reuters Digital, in this inteview with Beet.TV
Discussion:
The Wire


AN OPEN LETTER TO LOS ANGELES TIMES WRITER PATT MORRISSON — This is an open letter in response to a piece entitled Downtown LA: Good enough for the royals, but not for Zooey Deschanel?, written by columnist Patt Morrison, which appeared in the publication on July 10, 2011. — Dear Ms. Morrison,
Discussion:
Mediaite, The Informer, ZOOEY'S MISCELLANY, LA Observed, Opinion L.A., Washington Post, Gawker and FishbowlLA

Q&A: Luke Stangel, Co-Creator of TapIn Bay Area — “Mobile could make us focus again on what we do really well as reporters.” … You quit your job to start Tackable, a social networking company, with Ed Lucero, a tech startup veteran. Where did the original idea for a location-aware social network come from?
Discussion:
Newsonomics, CyberJournalist.net, GigaOM and FishbowlLA


With NBCU Digital Studio Closure, What's Next for Network-Backed Web Series? — Why Comcast Wanted the No. 4 Broadcast Network to Change Its Digital Strategy — Comcast's decision to close NBC Universal's Digital Studio was only the latest attempt to answer questions about making …

Stop Yammering and Start Hammering: How to Build a ‘Maker Space’ for News — Over the next four weeks, a very interesting experiment is going to unfold. The most exciting part about it is that it's entirely open source: You can observe it, interact with it, and improve it.

Independent's Johann Hari suspended — Interviewer and columnist has been suspended for two months pending outcome of internal investigation — Johann Hari, the Independent interviewer and columnist accused of plagiarism, has been suspended for two months pending the outcome …
Discussion:
The Huffington Post, Press Gazette and blogs.telegraph.co.uk