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10:50 PM ET, May 1, 2012

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 Top News: 
Guardian:
Rupert Murdoch ‘not fit’ to lead major international company, MPs conclude  —  Select committee also says James Murdoch showed ‘wilful ignorance’ of extent of phone hacking at News of the World  —  Rupert Murdoch is “not a fit person” to exercise stewardship of a major international company …
RELATED:
Jeff Bercovici / Forbes:
Barry Diller Backs Rupert Murdoch as ‘Honorable,’ ‘Morally Fit’  —  Barry Diller at Allen & Co.'s annual media get-together in Sun Valley, Idaho.  Rupert Murdoch was there, too.  (Image credit: Getty Images via @daylife)  —  To the six members of British Parliament's culture committee …
Jim Romenesko:
Murdoch's letter to Dow Jones employees  —  In a memo to employees, Rupert Murdoch says of the UK Parliament panel's phone hacking report: “I recognize that for all of us - myself in particular - it is difficult to read many of the report's findings.  But we have done the most difficult part …
Andrew Pugh / Press Gazette:
‘Les Hinton was complicit in cover-up at News Int’  —  Ex-News International chief executive Les Hinton sanctioned a series of “extraordinary” payments to former News of the World royal editor Clive Goodman after his phone-hacking conviction in a bid to buy his silence …
Guardian:
Rupert Murdoch's Fox broadcast licences targeted by US ethics group  —  FCC called on to revoke licences in wake of British parliamentary report as phone hacking scandal widens abroad  —  A Washington-based ethics watchdog is calling on federal regulators to revoke News Corporation's 27 Fox …
Discussion: Tech Daily Dose
Paul Hoskins / Reuters:
BSkyB hopes results can outshine hacking headlines  —  LONDON, May 2 (Reuters) - Probes into phone hacking and the legacy of a failed bid by Rupert Murdoch to seize full control look likely to overshadow a resilient set of results from satellite broadcaster BSKyB on Wednesday.
News Corp:
News Corporation Statement of UK's Parliamentary Select Committee of Culture, Media and Sport's News of the World Report
Discussion: Crikey
Zeke Miller / Buzzfeed:
How The White House Smothered The News Of Obama's Trip To Afghanistan  —  Shortly before 9:19 a.m. this morning the Afghanistan-based 24-hour broadcast news station TOLONews tweeted that President Barack Obama had landed in Afghanistan.  The surprise trip was a closely guarded secret …
Andrew Beaujon / Poynter:
ABC: Newspaper circulation rose in last six months, 5% on Sundays  —  Newspapers across the country gained readers in the last six months, compared to the same period a year ago.  Nationally, daily circulation was up .68 percent for digital and print at the 618 papers reporting …
RELATED:
Dylan Byers / Politico:
New York Times rising, WaPo struggling
John Koblin / Deadspin:
Is An ESPN Columnist Scamming People On The Internet?  [UPDATE]  —  A few weeks ago, ESPN columnist Sarah Phillips concluded her weekly “Junk Mail” column with a question from an unnamed reader: … Phillips responded: … Is Sarah Phillips for real?  Thirteen months ago …
Laura Hazard Owen / GigaOM:
Soon you'll be able to use your Nook to buy books in Barnes & Noble stores  —  On the heels of yesterday's news that Microsoft is investing $300 million in Barnes & Noble's Nook and college businesses, B&N CEO William Lynch says that the company plans to embed NFC (near field communication) chips into Nooks.
Discussion: Fortune, Betabeat and PC Magazine
RELATED:
Robert Andrews / paidContent:
Web journey complete, FT switching off iOS app  —  The Financial Times is preparing to kill off its iPad and iPhone app for good, signalling its final conversion from executable-app to web-app publishing.  —  The news publisher launched a HTML5 web app and pulled its iOS app off iTunes Store …
Discussion: MacRumors
 
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 More News: 
Associated Press:
CBS 1st-quarter profit beats Street estimates on digital licensing, overseas sales of TV shows
Discussion: Wall Street Journal and Bloomberg
Katherine Fung / The Huffington Post:
Wall Street Journal, News Corp. Receive Suspicious White Powder Letters
Discussion: Associated Press
Michael Calderone / The Huffington Post:
American Prospect Raises $7,500 On Day 1, But ‘Long Way To Go’ To Avoid Closing
Peter Kafka / AllThingsD:
Digg's Tech Team Heads for the Washington Post, and Digg Looks for a Lifeline
 Earlier Picks: 
Brian Stelter / Media Decoder:
Discovery Is Said to Pursue Revision3, a Web Video Company
New York Times:
Developers Are Working on Television Apps, but TV Industry Is Wary
Discussion: Company Town and Noted, Thanks:@bgoodcam
Alexis Madrigal / The Atlantic Online:
Where Do All Those BuzzFeed Cute Animal Pictures Come From?
 

 
From Techmeme:

Apple:
Apple Reports Second Quarter Results

Facebook:
Facebook Reports First Quarter 2014 Results …

Kara Swisher / Re/code:
Mark Pincus Steps Down From All Operational Roles at Zynga: “Ultimately a Ship Is Better With One Captain”

 
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