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8:25 AM ET, September 3, 2011

Mediagazer

 Top News: 
Kara Swisher / AllThingsD:
CrunchFund?  Unethical Ventures?  Pig Pile Partners?  No Matter What You Call It, It's Business as Usual in Silicon Valley.  —  Of course I have something to say about the news yesterday that AOL would be a key investor in a new early-stage venture fund being started by TechCrunch's …
RELATED:
Paul Carr / TechCrunch:
The CrunchFund: Actually, Tim, We Don't All Have “Different” Standards  —  Yesterday afternoon, Mike Arrington and AOL CEO Tim Armstrong announced the launch of “the CrunchFund”, a venture fund that will — according to the New York Times — “invest in start-ups, including some that [Arrington] and his staff write about”.
Dan Primack / Fortune:
CrunchFund confusion  —  If Michael Arrington is leaving TechCrunch …
The Business Insider:
AOL Left Arianna Huffington In The Dark About Arrington's Controversial VC Fund
more at Techmeme »
Dave Winer / Scripting News:
Arrington is the future of what we used to call journalism
SAI:
AOL SPOKESMAN: Mike Arrington Is No Longer Employed By This Company*
Peter Kafka / AllThingsD:
Mike Arrington, AOL Employee, Won't Have “Influence on Coverage,” Says AOL
Discussion: Betabeat and Mixed Media
Peter Kafka / AllThingsD:
James Murdoch Turns Down $6 Million Bonus, Citing PhoneGate  —  News Corp. executive James Murdoch says he'll decline a $6 million bonus the company gave him for his performance in its last fiscal year, citing the ongoing PhoneGate scandal.  —  Murdoch, who is Deputy Chief Operating Officer …
Discussion: rbr.com, Business Week and Reuters
RELATED:
Josh Halliday / Guardian:
Rupert Murdoch receives $12.5m bonus  —  News Corp chief's total pay package soars 47% to $33m, though his son James has declined $6m bonus  —  Rupert Murdoch, the chairman and chief executive of News Corporation, received a $12.5m (£7.7m) cash bonus for the last financial year …
Joel Gunter / Journalism.co.uk:
Phone hacking: 34-year-old man arrested
Discussion: Guardian and Press Gazette
James Cusick / The Independent:   Gordon Brown issues challenge over Sunday Times recordings
Joshua Benton / Nieman Journalism Lab:
Introducing Journo Ipsum, for all your nonsense-about-the-future-of- news textual needs  —  Anyone who's spent much time hanging around the publishing or design worlds knows about lorem ipsum, the classic Latin placeholder text used to dummy up prose filler in a layout.
Steve Myers / Poynter:
Social media editor role expands to include fighting misinformation during breaking news  —  The buzzwords for social media editors at news outlets are conversation, curation and collaboration.  But when using Twitter and its ilk to collect and disseminate news in real-time, another word is becoming just as important: corroboration.
Discussion: Future of Journalism
RELATED:
Mathew Ingram / GigaOM:
Is journalism as we know it becoming obsolete?  —  There have been plenty of obituaries written for the newspaper business, most of which have a kernel of truth to them — but is journalism as we know it at risk as well?  Dave Winer, a programming guru and visiting scholar at the New York University school of journalism, says it is.
Ryan Lawler / GigaOM:
Who gets Starz digital rights now?  Probably no one  —  Starz dropped a bomb on Netflix Thursday, announcing to the world that it was ending negotiations for a renewal of their deal and pulling its content from the streaming service next March.  That's led many to speculate about who might pick up those rights when they lapse.
RELATED:
Stacey Higginbotham / GigaOM:
Online video finally chipping away at broadcast TV  —  A quarter of people in countries with access to high-speed broadband are streaming video to their TV, although more than 80 percent still watch broadcast television as well.  But that's slowly beginning to change: According to survey data …
Kevin Roderick / LA Observed:
Forced vacation use ordered at L.A. Times  —  More cost cutting: the same week that parent Tribune asked the bankruptcy judge to approve bonuses for 640 managers, Los Angeles Times employees received an email saying they will not accrue vacation for the rest of 2011.
Amy Chozick / Wall Street Journal:
Hollywood's TV Factory  —  A surprising number of TV's most popular shows, from CBS's ‘The Big Bang Theory’ to NBC's ‘The Voice,’ come from one source.  Backstage at the busiest studio in America.  —  “Casablanca” was shot at the Warner Bros. studio lot here, as were “Rebel Without a Cause” and “Million Dollar Baby.”
Ingrid Lunden / paidContent:UK:
Digital-First Guardian Cuts Down MediaGuardian, Two Other Print Supplements  —  More developments on the theme of printed newspapers going digital first.  The Guardian has announced that the MediaGuardian, plus two other weekly supplements on education and society, will cease to be a standalone printed supplements after next week.
 
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 More News: 
Amy Wicks / WWD:
Details Moves into E-Commerce
Discussion: MediaPost
Ben Popper / Betabeat:
The Legal Risks of Rich Tong's Tumblr Fashion Week Proposal
Kat Stoeffel / The New York Observer:
Nylon President Reports to Court This Month for Money Laundering Trial
 Earlier Picks: 
Cary Spivak / American Journalism Review:
Starting Over  —  With its celebrated founder ousted in the wake …
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 10%+

Dustin Volz / Wall Street Journal:
Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a panel to advise US DHS on deploying AI safely within America's critical infrastructure

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%
 
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