Mediagazer: Colin Myler's ‘Daily News’ is working on a new national site, ‘Daily News America’ (Joe Pompeo/Capital New York)

12:45 PM ET, May 10, 2012

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Binyamin Appelbaum / New York Times:

Joe Weisenthal vs. the 24-Hour News Cycle — Joe Weisenthal wakes up around 4 a.m. most weekdays, afraid that in the five or six hours he has been sleeping, something happened that could move financial markets. His alarm is his cellphone, and after he silences it so that his wife can sleep …

Discussion: Capital New York and The Awl

Felix Salmon:

The brilliant Joe Weisenthal — Binyamin Appelbaum has delivered a 3,000-word day in the life of Joe Weisenthal for the NYT Magazine, complete with 18-page slideshow. ("7:06 am: Weisenthal catches the 6 train uptown from his apartment at the edge of the Financial district to the Business Insider offices in the Flatiron District.")

Discussion: Talking Biz News

Gordon Rayner / Telegraph:

Leveson Inquiry: David Cameron was personally involved in vetting Andy Coulson — David Cameron personally took part in the vetting of Andy Coulson before his controversial appointment as his communications chief, the Leveson Inquiry has heard. — Mr Cameron rang the former News …

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Paul McNally / Journalism.co.uk:

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Discussion: Guardian, @dansabbagh, @michaelwolffnyc and @michaelwolffnyc

Robert Booth / Guardian:
Andy Coulson is likely to have attended sensitive meetings, No 10 admits

Discussion: Guardian, @dansabbagh and @arusbridger

Ingrid Lunden / TechCrunch:

It's Official: Digg Engineers Are Joining Washington Post's SocialCode — Another bit of closure for Digg as the company continues to look for a buyer of its technology and its site: its engineering team is joining SocialCode, the social media advertising and analytics subsidiary of the Washington Post Company.

Discussion: AllThingsD, Digg Blog, WebProNews and Softpedia News

Andrew Beaujon / Poynter:

It's official: Digg's tech team going to Washington Post Co.'s SocialCode — The Washington Post Co.'s SocialCode advertising agency is hiring 15 members of Digg's engineering staff, the company announced today. Digg is not closing, writes Hayley Tsukayama:

Discussion: VentureBeat, Washington Post and NetNewsCheck Latest

Andrew Beaujon / Poynter:

Sun-Times ownership of Chicago Reader would be unusual in alt-weekly world — Wrapports Inc., the Chicago Sun-Times' parent company, may buy the Chicago Reader soon, Lynne Marek reported Wednesday in Crain's Chicago Business. That would be a seismic change for a newspaper that's always operated …

Lynne Marek / Chicago Business:

Sun-Times parent to buy Chicago Reader for $3 million — (Crain's) — Wrapports LLC, the parent of the Chicago Sun-Times, is poised to purchase the Chicago Reader as soon as next week for about $3 million, according to sources familiar with the transaction.

Discussion: Chicago Reader, @jcstearns, @sethlavin, @milesraymer and Change of Subject

Staci D. Kramer / paidContent:

News Corp.'s hacking tab so far this year: $167 Million — It may be years before anyone can figure out the real cost to News Corp. and its shareholders of the UK hacking scandal that has dominated the headlines for months. For now, whatever the reputation cost for Rupert and James Murdoch …

Discussion: Forbes, Journalism.co.uk, NetNewsCheck Latest, Media Week, MediaPost, Press Gazette and Media News

Joe Pompeo / Capital New York:
News Corp.'s Chase Carey defends boss Rupert Murdoch, as price tag on phone-hack scandal reaches nearly $170 M.

Discussion: Media Decoder, The New Yorker Blog, Guardian, The Wrap and Media Money …

Edmund Lee / Bloomberg:
News Corp. Tops Profit Estimates, Boosts Buyback to $10 Billion

Discussion: Reuters, Company Town, Agence France Presse, Associated Press, @edgecliffe, Wall Street Journal, @pkafka, @edgecliffe, @edgecliffe and @edgecliffe

Joe Pompeo / Capital New York:

Colin Myler's ‘Daily News’ is working on a new national site, ‘Daily News America’ — Daily News editor Colin Myler recently hinted that the paper's “online operation” would soon be expanding its national footprint under the direction of incoming web editor Ted Young.

Discussion: Adweek, 10,000 Words and NetNewsCheck Latest

Joe Pompeo / Capital New York:

Tom Friedman elected co-chair of Pulitzer Prize — Apparently the Pulitzer Prize board does not go into hibernation immediately after handing out all of the newspaper industry's top journalism awards every April. Instead they keep themselves busy naming new members and shuffling around the current ones.

Dylan Byers / Politico:

Obama courts new foreign policy crowd — Goodbye David Brooks, hello Peter Beinart. — Shortly after announcing his newfound support for the legalization of gay marriage yesterday, President Barack Obama walked into an off-the-record foreign policy meeting with nine editors and columnists …

Dylan Stableford / Yahoo! News:

Time breastfeeding cover sparks controversy — This week's Time magazine cover features Jamie Lynne Grumet, a 26-year-old woman breastfeeding her three-year-old son. Grumet was one of four mothers photographed by Time for a cover story on “attachment parenting,” an approach—outlined by 1992's …

Discussion: Forbes

Lauren Indvik / Mashable!:

Why ‘The Atlantic’ No Longer Cares About SEO — The number of online news consumers has grown consistently over the past half-decade, yet not every publication has gotten the same lift as The Atlantic, whose web audience has catapulted from approximately 500,000 to 13.4 million monthly visitors since taking …

Discussion: eMedia Vitals

TechCrunch:

Status Update — So first thing's first: We're not being sold! Instead, we've just hired a bunch of brilliant writers and a new COO. Also, we've seen a resurgence of community support (with over a thousand people attending our NYC meetup last night, for example), are back around 12% …

Discussion: @jayrosen_nyu, @nero, @eldon, Media & Entertainment, FishbowlNY, PandoDaily, VentureBeat, mediabistro.com, @jayrosen_nyu, Gawker, Business Insider, NYConvergence.com, PandoDaily, AdAge, PC Magazine and Forbes

Jeff Bercovici / Mixed Media:
Why Doesn't AOL Just Sell The Huffington Post?

Discussion: WWD Media Headlines, Guardian, Talking Biz News and Bloomberg

Charlie Warzel / Adweek:

ABC Bungles Obama Gay Marriage Scoop — President Obama's announcement of his support for same-sex marriages this afternoon was touted as a major win for network TV, getting the scoop over cable and the noisy clamor of the Internet. Yet, what looked to be an airtight scoop for the network appears …

Discussion: Washington Examiner, Mediaite, @brianstelter and @producermatthew