Mediagazer: Amazon Misses, Q3 Sales Up 44 Percent To $10.9B; Net Income Down 73 Percent To $63M (Leena Rao/TechCrunch)

7:30 PM ET, October 25, 2011

Top News:

How People Use Tablets and What it Means for the Future of News — Eighteen months after the introduction of the iPad, 11% of U.S. adults now own a tablet computer of some kind. About half (53%) get news on their tablet every day, and they read long articles as well as get headlines.

Discussion: CNET News, VentureBeat, Mashable!, Trends in the Living Networks, mocoNews, Search Engine Land, Marketing Pilgrim, ReadWriteWeb, Poynter, Medacity, Gannett Blog and CyberJournalist.net, more at Techmeme »

Rachel McAthy / Journalism.co.uk:

News among most popular tablet uses, US report finds — Study by Pew Research Center's Project for Excellence in Journalism, in collaboration with the Economist Group, also found more users prefer to view news via browsers rather than apps — US tablet survey found that browsers are more popular than apps for consuming news

Discussion: NetNewsCheck Latest, Future of Journalism, FT Tech Hub, TeleRead, Multichannel, Broadcasting & Cable, Editors Weblog, GigaOM, HubSpot's Inbound …, Hillicon Valley, Reflections of a Newsosaur and Poynter

Frederic Lardinois / SiliconFilter:
Study: Tablet Users Love to Read the News, Still Reluctant to Pay for It

Discussion: Adweek, more at Techmeme »

John Koblin / WWD:

Huffington Post Launches Parentlode Blog — HUFFING AND PUFFING: The New York Times and The Huffington Post feud isn't going away. — Times lawyers fired off a cease-and-desist letter to Arianna Huffington on Monday, claiming that The Huffington Post's new blog, Parentlode …

Discussion: MediaPost, Adweek, Betabeat, NetNewsCheck Latest, Poynter, The Atlantic Wire, paidContent, New York Magazine, Business Insider, Gawker and The Huffington Post

Robert Andrews / paidContent:

Netflix Puts Global Expansion On Hold As Costs Drag It Down — Netflix (NSDQ: NFLX) is on the road to profitability in Canada, but costs for its global roll-out are set to turn the company loss-making next year. So, after its next launches in the new year, Netflix will freeze international expansion.

Discussion: Felix Salmon and Guardian

David Lieberman / Deadline.com:
Is It “Nuclear Winter” For Netflix? Analysts Tell Investors To Bail After 3Q Setbacks

Discussion: Ars Technica, Techland, TechCrunch and Associated Press, more at Techmeme »

Peter Kafka / AllThingsD:
Reed Hastings Lays Out the Netflix Comeback Plan

Discussion: NetNewsCheck Latest, CNET News, The Week, Los Angeles Times, FT Alphaville, Forbes and Between the Lines Blog, more at Techmeme »

MediaPost:
Netflix Streams Revs, But Stock Takes Big Hit

Discussion: Wall Street Journal, New York Times, Federal Trade Commission, Forbes, MarketingVox News & Trends, ZDNet, TechCrunch, The Wrap, Future of Journalism, Netflix, Inc., Business Insider and AllThingsD

Joel Gunter / Journalism.co.uk:

News Corp: James Murdoch suffers confidence blow in vote — News Corp shareholders have dealt a significant blow to James Murdoch and his brother Lachlan at this year's annual general meeting, with around a third of all shareholders voting against both — James Murdoch has been re-elected …

Discussion: NetNewsCheck Latest, Guardian, MediaFile, Journalism.co.uk, Deadline.com and The Huffington Post

Dalya Alberge / Guardian: Phone hacking: book publishing executives targeted

Leena Rao / TechCrunch:

Amazon Misses, Q3 Sales Up 44 Percent To $10.9B; Net Income Down 73 Percent To $63M — Amazon reported third quarter earnings today. Net income decreased 73% to $63 million in the third quarter, or $0.14 per diluted share, compared with net income of $231 million, or $0.51 per diluted share, in third quarter 2010.

Discussion: Business Wire, Home Media Magazine, Forbes, MarketBeat, VentureBeat, GalleyCat, mocoNews, Bloomberg, Reuters, Engadget, eBookNewser, Between the Lines Blog, CNNMoney.com, Business Insider and ReadWriteWeb, more at Techmeme »

Dan Rayburn / StreamingMediaBlog.com:
Amazon's Kindle Fire Will Become To The Video Industry What The iPod Was To The Music Industry

Discussion: Business Insider, more at Techmeme »

Zachary Sniderman / Mashable!:
Amazon Embraces HTML5 for New Ebooks

Discussion: Engadget

Steve Zeitchik / LA Times:

Will Aaron Sorkin take on Steve Jobs? — EXCLUSIVE: Steve Jobs was front and center again Sunday night when “60 Minutes” aired its much-anticipated interview with his biographer, Walter Isaacson. It proably won't be the last time the Apple co-founder will dominate our screens.

Discussion: /Film, Electronista, WebProNews, AppleInsider, www.wnyc.org, Mashable!, The Next Web and NME News

Adam Satariano / Bloomberg:
Apple TV Effort Said to Be Led By ITunes Creator

Media Monkey / The Guardian:
Rupert Murdoch bows to Steve Jobs

Discussion: Speakeasy, Poynter, Forbes, Guardian, The Wrap, Softpedia News and VentureBeat

Josh Halliday / Guardian:

Google asked to remove 135 YouTube videos for ‘UK national security issues’ — US technology giant reports 71% rise in content removal requests from UK government or police — British police authorities ordered the removal of 135 videos from YouTube in the first half of this year …

Discussion: Future of Journalism, Threat Level, SiliconFilter, The Next Web, L.A. Times Tech Blog, Search Engine Land and Business Insider, more at Techmeme »

Matt Rosoff / Business Insider:

No, CNET Is NOT In Talks To Buy gdgt — Several sources close to CBS Interactive tell us that CNET is not in talks to buy gadget news site gdgt, shooting down a report that a buy is imminent. — One source said that CNET hadn't even approached gdgt for a round of talks.

Greg Kumparak / TechCrunch: CNET In Talks To Acquire gdgt As Early As This Week

Joe Garofoli / San Francisco Chronicle:

Obama freezes local reporters out of S.F. event — President Obama is scheduled to appear before hundreds of donors at a $7,500-a-plate noontime fundraiser today at San Francisco's W Hotel - but not a single local reporter will be allowed inside to cover his only stop in the area, the White House said Monday.

Discussion: San Francisco Peninsula …

Michael Musto / La Daily Musto:

Bloomberg Media To Be Rocked with Discrimination Lawsuit — I've just learned that Bloomberg Media's International Managing Director of Television Brian Martinez—who I knew back in the '90s club days—is filing suit with that company for having been relieved of his duties in July.

Discussion: The New York Observer, FishbowlNY and Talking Biz News

Paul Farhi / Washington Post:

TMZ founder Harvey Levin's unsolicited advice to mainstream media: Adapt or die — America's foremost gossipmonger has a little unsolicited advice for the nation's mainstream media: Your business model is broken. Your future is in jeopardy. Adapt or die.

Discussion: Gawker and TeleRead

Russell Adams / Wall Street Journal:

Time Inc. Hires Digital Executive — Time Inc. hired former Nokia Corp. executive George Linardos as the new head of digital marketing at the magazine-publishing unit, the company said Tuesday, a move that is likely to affirm the magazine company's conservative approach to distributing titles like Time …

Discussion: AllThingsD

Alexander Bolton / The Hill:

Vice President Biden complains after dust-up with conservative reporter — Joe Biden's office has complained to the Senate press gallery about a confrontation the vice president had with a conservative journalist last week on Capitol Hill. — Biden aides asked whether Senate rules were broken …

Discussion: The Daily Caller and On Media's Blog