Mediagazer: The Old-School Value of Facebook (Ryan Chittum/CJR)

7:50 PM ET, February 1, 2012

Top News:

Facebook's IPO announcement — Full coverage as the social network launches the biggest-ever stock market listing for a technology company — 12.17am: This article from Dan Randall of Reuters explores the options for investors who want a stake in Facebook on the first day of trading.

Discussion: AllThingsD, TechCrunch, Forbes, Anthony De Rosa, TechCrunch, AllThingsD, TechCrunch, BuzzMachine, PC Magazine, Forbes, MediaFile, Reuters, AllThingsD, Forbes, Betabeat, PandoDaily, GeekWire, AllThingsD, TechCrunch, The Verge and Deal Journal, more at Techmeme »

Ryan Chittum / CJR:

The Old-School Value of Facebook — The New York Times's curtain-raiser on the Facebook IPO this morning asks, “Personal Data's Value? Facebook Is Set to Find Out.” — But is that really what Facebook is set to find out? The Times says about all this private data …

Discussion: Media Week, Forbes, Adweek, MediaFile, Gawker, New York Times, GigaOM and The Not-So Private Parts, more at Techmeme »

Mathew Ingram / GigaOM:
Facebook wants to rewire the way the world works

Discussion: Forbes, DealBook and New York Times, more at Techmeme »

Zach Carter / The Huffington Post:

‘Gasland’ Journalists Arrested At Hearing By Order Of House Republicans — In a stunning break with First Amendment policy on Capitol Hill, House Republicans directed Capitol Hill police to detain a highly regarded documentary crew that was attempting to film a Wednesday hearing on a controversial natural gas procurement practice.

Discussion: The Politico, FishbowlDC, AlterNet.org, Mediaite and The Newspaper Guild

Talia Buford / Politico:

Josh Fox arrested at hearing — Photo courtesy of the office of Rep. Paul Tonko — Oscar-nominated documentary filmmaker Josh Fox was arrested Wednesday morning after attempting to film a House Science Committee hearing on hydraulic fracturing. — Fox was led out in handcuffs …

Joe Pompeo / Capital New York:

Times and 12 other news organizations write another letter to the NYPD, calling for answers in police treatment of the press — Police during the Occupy Wall Street ‘Day of Action.’ Adrian Kinloch — The New York Times fired off another letter to the Police Department today on behalf of 13 …

Discussion: Gothamist and Future of Journalism

Steven Greenhouse / Media Decoder:

Former Intern Sues Hearst Over Unpaid Work and Hopes to Create a Class Action — 5:23 p.m. | Updated A former unpaid intern for the fashion magazine Harper's Bazaar filed a lawsuit on Wednesday, accusing its parent company, the Hearst Corporation, of violating federal and state wage …

Discussion: paidContent, JIMROMENESKO.COM, FishbowlNY, @cjr, @cjr and Media Decoder

Steve Myers / Poynter: Former Harper's Bazaar intern suing Hearst may want to rethink career goal

Jeff Bercovici / Mixed Media:

AOL's Armstrong: Some Patches DID Turn Profitable in 2011 — Armstrong. Image by Getty Images North America via @daylife — It's not like AOL chairman Tim Armstrong to hide his light under a bushel, but when it comes to Patch, the company's hyperlocal network, he may have done just that on this morning's earnings call.

Discussion: Business Insider, Betabeat and Forbes, more at Techmeme »

Kara Swisher / AllThingsD:
AOL Beats Low Expectations, Increasing Ad Revenue and Slowing Total Decline in Q4 (Plus Charts!)

Discussion: Reuters, Forbes, MediaPost, Media & Entertainment, Business Wire, Media Week, VentureBeat, TechCrunch, David Thier, mediabistro.com, TechJournal South, NetNewsCheck Latest, Adweek, AdAge, Digital Media Wire and Future of Journalism

Jeff Bercovici / Mixed Media:
Is AOL Retreating on Its Patch Profitability Promise?

Discussion: NetNewsCheck Latest and paidContent

Jana Winter / Fox News:

EXCLUSIVE: Wikileaks to move servers offshore, sources say — Julian Assange's investors are in the process of purchasing a boat to move WikiLeaks' servers offshore in an attempt to evade prosecution from U.S. law enforcement, FoxNews.com has learned. Multiple sources within the hacker community …

Discussion: FT Tech Hub, The Atlantic Wire, CNET, FP Passport, PC Magazine and Mashable!

Tom Espiner / ZDNet:
Assange's Supreme Court extradition appeal kicks off

Discussion: CNN, WebProNews and Guardian

Robert Booth / Guardian:
Julian Assange extradition breaches legal principle, lawyer claims

Discussion: newsfeed.time.com

David Kravets / Threat Level:

Google to Censor Blogger Blogs on a ‘Per Country Basis’ — Google has quietly announced changes to its Blogger free-blogging platform that will enable the blocking of content only in countries where censorship is required. — Twitter announced technology last week addressing the same topic.

Discussion: Future of Journalism, Techdows, MediaNama and Mashable!

Brian Stelter / Media Decoder:

Wall Street Journal Co-Anchor to Move to CNBC — Kelly Evans, who became a video star at a place not known for that sort of thing, The Wall Street Journal, is moving to the television network CNBC. — Ms. Evans will be an on-air reporter for the network, the CNBC senior vice president Nik Deogun …

Discussion: TVNewser, Deadline.com, Talking Biz News and Inside Cable News

Lucas Shaw / The Wrap:

L.A. Times Revenue Officer Departs (Exclusive) — Los Angeles Times executive John T. O'Loughlin will become the latest high-ranking official to leave the newspaper, TheWrap has learned. — O'Loughlin serves as the Times' Executive Vice President of Advertising and Chief Revenue Officer …

Discussion: JIMROMENESKO.COM and FishbowlLA

Lauren Lloyd / LAist:
Former L.A. Times Employee Warns Of Impending Massive Writer Layoff

Discussion: Future of Journalism, Frying Pan News and FishbowlLA

John Stevens / Daily Mail:

Email to James Murdoch telling him hacking was rife at NotW was deleted days before police launched investigation — An email warning James Murdoch that phone-hacking was ‘rife’ at the News of the World was deleted from his inbox days before police started an investigation into the newspaper, it was revealed last night.

Discussion: New York Times

Mark Hughes / The Telegraph: Glenn Mulcaire ordered to reveal who told him to hack phones

Roy Greenslade / London Evening Standard: Arrests leave Sun journalists feeling cast off by Rupert

Ryan Lawler / GigaOM:

YouTube could introduce a subscription service of its own — At the D:Dive Into Media conference Tuesday, YouTube CEO Salar Kamangar gave his views on how the video marketplace is evolving both online and off. While much of the company's efforts have been based on advertising …

Discussion: AllThingsD, NetNewsCheck Latest and Business Insider

Julie Moos / Poynter:

Andrew Beaujon joins Poynter in February as Senior Online Reporter — I'm happy to announce that Andrew Beaujon will join The Poynter Institute later this month as Senior Online Reporter. Andrew comes to the Institute from TBD, where he has been arts editor since May 2010.

Discussion: FishbowlLA

Dylan Stableford / Yahoo! News:

Yahoo News hires Olivier Knox as its first White House correspondent — Yahoo News has hired Olivier Knox, Congressional correspondent for Agence France-Press, to be its White House correspondent—the first in Yahoo's 16-year history. — Knox—who has spent more than a decade with AFP covering politics …

Discussion: ABCNEWS, FishbowlDC, FishbowlLA, FishbowlNY and JIMROMENESKO.COM

Press Gazette:

Up to 75 more journalists to go at Mirror titles and People — Trinity Mirror has announced proposals to cut up to another 75 editorial jobs across the Daily Mirror, Sunday Mirror and People. — The company has announced a restructure that will see it integrate newsrooms across all three titles …

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

Eddie Scarry / FishbowlDC:

Operation ‘Butter Up FNC’ in Full Force by Politico — Politico has been working diligently to defrost its icy relationship with Fox News as of late. And it appears to be paying off, or at least moving in a cozier direction. — FishbowlDC has learned that FNC's media relations department has been forced to “soften up” on Politico.

Discussion: TVNewser, FishbowlNY and Politico