Mediagazer: Time Inc. Launches Its First Four Magazines On Nook Color (Laura Hazard Owen/paidContent)

Heather Kelly / VentureBeat:

The Daily Dot wants to be a small town paper for the entire Internet — The biggest hurdle to enjoying The Daily Dot, a fun new online news site that launches today, is that its premise is based on a bad metaphor: The Internet is a community and The Daily Dot is its local paper.

Discussion: Mashable!, Poynter, ShortFormBlog, Forbes, GigaOM, SiliconANGLE, Daily Dot, ReadWriteWeb, Nova Spivack, SiliconFilter, eMedia Vitals and Betabeat, more at Techmeme », Thanks:dmfreeman

Discussion: Future of Journalism, Thanks:dmfreeman

Jeff Bercovici / Mixed Media:

Does StumbleUpon Really Drive More Traffic Than Facebook? — StumbleUpon, the social discovery service, has about 15 million users. Is it possible it could be directing more traffic to outside websites than Facebook, which has more than 700 million? — That's what StumbleUpon founder Garrett Camp claims.

Discussion: Click Here Blog

What you need to know about StumbleUpon, the Web's newly-hot referral source — The social-powered Web browsing service StumbleUpon now claims to drive more than half of all social media referral traffic in the U.S., according to new data from StatCounter. — Is it true?

Discussion: Marketing Pilgrim

Jeremy W. Peters / New York Times:

Journalists Kept in Hotel as Battle Rages Outside — With an 18,000-square-foot spa, helicopter service upon request and a self-described “culture of service perfection,” the Rixos is Tripoli's premier hotel. — But over the weekend, the 120-room oasis in the center of the war-torn Libyan capital became …

Discussion: mediabistro.com, New York Magazine, Adweek, Mediaite and Telegraph

Discussion: Mediaite and The Wire

Peter Kafka / AllThingsD:

U.K. Tabloid Daily Mail's U.S. Web Boss Out After Less Than a Year — The man who is supposed to help British tabloid The Daily Mail establish itself in the U.S. has left, after less than a year on the job. — Matthew Kearney, whose title had been CEO of U.S. for MailOnline …

Discussion: NetNewsCheck Latest

Bloomberg:

Billionaire Slim Boosts Stakes in NYT as Market Slumps — Mexican Tycoon Pays $6.83 to $7.09 for 553,000 Times Co. Shares — Billionaire Carlos Slim spent $8.8 million to boost his stakes in Saks, Inc. and The New York Times Co., adding to his biggest U.S. holdings as the stock market slumped last week.

Discussion: Poynter, On Media's Blog and FishbowlNY

Laura Hazard Owen / paidContent:

Time Inc. Launches Its First Four Magazines On Nook Color — Time Inc. (NYSE: TWX) is expanding its magazines' presence on the Nook Newsstand. Starting today, print subscribers to Fortune, People, Sports Illustrated, and Time will be able to read the Nook editions of those magazines for free …

Discussion: FishbowlNY, CNET News and mediabistro.com

Teresa Novellino / Portfolio:

Social-Media Mags Want to Friend Business Readers — Why is there no magazine focused on using Facebook or Twitter to build business? Exactly, thought GSG WorldMedia, whose founders say their four social-media magazines will debut with 5 million subscribers, thanks to Office Depot.

Discussion: eMedia Vitals and MediaPost

Matt Kinsman / Folio:

American Printer Magazine Folds After 128 Years; American Press Closes Shop — Penton mag saw no model of profitability; printer closes due to economy. — Started in 1883 as Inland Printer, Penton Media's American Printer magazine will be stopping production after 128 years.

Discussion: Audience Development

The Huffington Post:

It's Official: Sharpton Gets MSNBC Hosting Gig — Al Sharpton has been officially named the host of the 6 PM hour on MSNBC. The network announced Tuesday that Sharpton will host “PoliticsNation” on weeknights starting August 29. — Sharpton has been the de facto host of the hour for many weeks …

Discussion: Inside TV

Jim Romenesko / Poynter:

San Diego Union-Tribune passes on NYT's Issa story, readers react — The New York Times' Eric Lichblau wrote last week “most wealthy members of Congress push their financial activities to the side, with many even placing them in blind trusts to avoid appearances of conflicts of interest …

Discussion: The Huffington Post, On Media's Blog and SignOnSanDiego.com

Amy Wicks / WWD:

People Bets on Kardashian Ka-Ching — WILL KK GO KA-CHING? Kim Kardashian might have been Glamour's top-selling cover girl of the year so far, but will her upcoming People cover, for which the title is said to have paid $1.5 million to the reality star and her new husband, do as well?

Discussion: FishbowlNY

Adam Hochberg / Poynter:

Rick Perry's assertions on global warming reveal reporting challenges when science, politics collide — In the course of two days last week, Texas Gov. Rick Perry expressed controversial views on two politically sensitive scientific issues. The news coverage of his remarks once again demonstrated …

Discussion: Mediaite and Agence France Presse

David Kaplan / paidContent:

The AP And Corbis Combine Image Libraries In Distribution Deal — The Associated Press and photo service Corbis Images are bring their respective trove of licensed pictures together as the two look for ways to reach each other's customers. The “multi-year” deal, which will bring together …

Discussion: Poynter

Elizabeth Jensen / Media Decoder:

Bill Moyers Returns to Public Television, but Not PBS — Bill Moyers says he is returning to public television in January, but he won't be found on the PBS lineup. — His new hourlong weekly show, called “Moyers & Company,” will focus on one-on-one interviews with people not often heard on television …

Discussion: TVNewser