Mediagazer: Forbes Media Makes Minority Investment in Startup of Ex-Fortune Editor (Matt Kinsman/Folio)

3:10 PM ET, July 22, 2011

Top News:

Justice Department Prepares Subpoenas in News Corp. Inquiry — The U.S. Justice Department is preparing subpoenas as part of preliminary investigations into News Corp. relating to alleged foreign bribery and alleged hacking of voicemail of Sept. 11 victims, according to a government official.

Guardian: James Murdoch: groomed for the top but now looking down the barrel

Lucas Shaw / The Wrap:
News Corp.'s The Sun Fires Editor Over Phone-Hacking Connections

Discussion: AdAge, Press Gazette, Guardian and Adweek

Guardian:
James Murdoch misled MPs, say former News of the World editor and lawyer

Discussion: BBC, Forbes.com, CJR, Deadline.com, MediaFile, The Awl, New York Times, Kleinman, Media Week, Press Gazette, The Wrap, Media Law Prof Blog, The Wire, paidContent:UK, App Advice, Jon Slattery, msnbc.com and New York Times

Reuters:
James Murdoch denies misleading panel

Discussion: New York Magazine and Adweek

Keach Hagey / On Media's Blog:

David Leonhardt next NYT Washington bureau chief? — The New York Times newsrooms in Washington and New York have been buzzing with the rumor that David Leonhardt will soon be named the paper's next Washington bureau chief. — Filling the slot is Executive Editor Jill Abramson's …

Discussion: Poynter, Adweek, Gawker, The Huffington Post, The Wrap, New York Magazine, Media News and The New York Observer

Jeremy W. Peters / Media Decoder:

Times Names David Leonhardt Washington Bureau Chief — The New York Times has named David Leonhardt, this year's Pulitzer Prize winner for commentary and the paper's Economic Scene columnist, as its next Washington bureau chief. — His appointment is the first major staffing decision …

Discussion: On Media's Blog, Poynter, FishbowlNY, The Business Insider and Media Research Center

Lornet Turnbull / Seattle Times:
State DOL cancels driver's license of reporter in country illegally

Discussion: Poynter, The New York Observer, Washington Post and On Media's Blog

Peter Kafka / AllThingsD:

Don't Hold Your Breath on That Apple Hulu Deal — If you stop by a Subaru dealer and end up kicking the tires on a new Outback, are you in early talks to consider a bid on a new Outback? — Well, sure. But if you drive off the lot in your old Civic and never come back, no one's going to be shocked.

Discussion: Forbes.com, MediaPost, CNET News, Fortune, GigaOM, The Business Insider, AppleInsider and Electronista, more at Techmeme »

Ian Sherr / Wall Street Journal:

Apple Explores Hulu Bid — Apple Inc. is in the early stages of examining Hulu LLC, a video-streaming pioneer that is being considered for sale by its owners. — Apple, which sits on $76.2 billion in cash and investments, is in the preliminary stages of looking at the site …

Discussion: MediaPost, Forbes and Future of Journalism

Staci D. Kramer / paidContent:

‘The Daily’ Launches A New Version; Hopes For Assist From Spotify — Another News Corp (NSDQ: NWS). tabloid is making news today and this time it has nothing to do with Parliament or police. The Daily is out with a new edition that erases some of the biggest complaints about the iPad tab …

Discussion: FishbowlNY, eMedia Vitals and Future of Journalism

Jeff Sonderman / Poynter:

News orgs: Post to Facebook at noon for peak engagement — After analyzing the keys to engagement on journalists' Facebook pages, the social network has analyzed the number of comments and likes on sampled news organization pages to determine best practices for engaging with readers.

Discussion: Facebook and Future of Journalism

Mike Shields / digiday:DAILY:

Yahoo's Ad-Sales Mess — Yahoo's sales mess is even worse than CEO Carol Bartz let on. — Conversations with numerous digital media buyers reveal that the embattled CEO has either failed to ensure that Yahoo's basic needs are met when it comes to ads sales or is in denial about how deep Yahoo's problems are.

Discussion: AllThingsD

Ken Doctor / Nieman Journalism Lab:

The newsonomics of U.S. media concentration — The rise and potential fall of Rupert Murdoch is a hell of a story. It is, though, closer to the Guardian's Simon Jenkins' description Tuesday, “not a Berlin Wall moment, just daft hysteria.” Facing only the meager competition of the slow …

Telegraph:

Phone Hacking: emails next scandal, says Tom Watson — Tom Watson, the Labour MP who helped expose phone hacking, has warned that the illegal interception of emails will be the next big scandal to emerge. — In an interview with The Daily Telegraph, Mr Watson said he believed the illegal practices …

Discussion: BBC and Guardian

Mark Hosenball / Reuters:

Exclusive: News Corp executive suspected of “orchestrating” leak — (Reuters) - A leading private investigations firm said it had strong reason to suspect that Will Lewis, a senior executive of Rupert Murdoch's News Corporation, was involved in “orchestrating” a leak of material …

The Atlantic Online:

How to Be a Right-Leaning Journalist — A libertarian guide for young reporters tells us how media, ideological or otherwise, should work in the digital age — With the rise of ideological journalism over the past decade, a period when opinionated bloggers, Web journalists …

Mark Thompson / BBC:

Investigative journalism and breaking the rules — The phone-hacking scandal has put investigative journalism in the dock. Yet without investigative journalism - and in particular the meticulous work of one investigative journalist, Nick Davies, of the Guardian - it's a scandal that would have never seen the light of day.

Discussion: Journalism.co.uk, Guardian and Jon Slattery

Matt Kinsman / Folio:

Forbes Media Makes Minority Investment in Startup of Ex-Fortune Editor — Deal includes strategic partnership, sponsorship of Techonomy 2011 conference. — Forbes Media has struck a strategic partnership with Techonomy Media, a new media business founded last year by former Fortune editor and columnist David Kirkpatrick.

Ryan Chittum / CJR:

CNN, Piers Morgan, and the Hacking Scandal — It would be rather ironic if Fox News enemy CNN turns out to have a hacking-scandal-by-association problem on its hands, brought on by News Corp.'s woes and CNN's decision to hire a former British tabloid editor to anchor an hour of primetime.

Discussion: Guy Fawkes' blog, Yahoo! News and Gawker

Staci D. Kramer / paidContent:

NYT's Nisenholtz: 'We're Not Naive About Google' — A revealing bit of conversation at the end of the New York Times (NYSE: NYT) earnings call between an analyst, digital head Martin Nisenholtz and CEO Janet Robinson about Google (NSDQ: GOOG) and the About.com response to the change in search algorithms that hit About, among others.