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4:15 PM ET, May 11, 2012

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 Top News: 
New York Times:
Rebekah Brooks Testifies About Relationships With British Elite  —  LONDON — Offering a rare glimpse into the personal relationship between political power and the press in Britain, Rebekah Brooks, the former chief executive of Rupert Murdoch's British newspaper subsidiary …
RELATED:
Lisa O'Carroll / Guardian:
Rebekah Brooks: David Cameron signed off texts ‘LOL’  —  Former News International chief tells Leveson inquiry that reports prime minister sent her dozens of texts a day are preposterous  —  David Cameron exchanged up to two text messages a week with Rebekah Brooks during the last general election campaign …
Dan Sabbagh / Guardian:   Rebekah Brooks tells the Leveson inquiry of more meetings with David Cameron
Tim Karr / Save the News:
Who's Afraid of Rupert Murdoch?
Discussion: Erik Wemple
Ryan Chittum / CJR:
The Washington Post Co.'s Self-Destructive Course  —  Dividends, share buybacks, and an anti-paywall stance help bleed the paper dry  —  The Washington Post Company's dismal quarterly earnings release last week was received with something of a shrug—more of the same.
Andrew Beaujon / Poynter:
Washington Post adds Editor's Note to Romney bullying story after saying it didn't require correction  —  The Washington Post is adding an editor's note to its story about Mitt Romney's high school days.  “We should have been clearer about it and we are adding an Editor's note to the story …
RELATED:
Tommy Christopher / Mediaite:
Tamron Hall Reams Tim Carney, Cuts His Mic For Accusing Her Of ‘Media Trick’  —  During a segment on the Mitt Romney campaign's poor handling of the fallout from the Washington Post bullying story, News Nation host Tamron Hall got into it with frequent MSNBC guest and Washington Examiner …
Beth Healy / The Boston Globe:
New York Times Co. sells its remaining stake in the Boston Red Sox  —  The New York Times Co. said it has sold its remaining share of Fenway Sports Group, which includes the Boston Red Sox, for $63 million.  —  The sale, to undisclosed buyers believed to be current minority owners of the team …
Alex Weprin / TVNewser:
NBC Yanks ‘Rock Center’ From May Sweeps, Presence on Fall Lineup Unclear  —  NBC has pulled its primetime newsmagazine series “Rock Center with Brian Williams” from its lineup for the remainder of May Sweeps.  In its place, the network will broadcast reruns of “Law & Order: SVU.”
Josh Sternberg / Digiday:
The Atlantic Media's Digital Transformation  —  The Atlantic Media Company is hardly new to publishing.  Its history stretches to 1857, but for an old guy it's proven to have some serious digital moves.  Its outlets — The Atlantic, The National Journal and Government Executive …
Discussion: Folio and CJR
Ingrid Lunden / TechCrunch:
No Tablet News From Nokia, But It's Launching A Reading App Powered By OverDrive  —  There are still some big question marks over what Nokia plans to do in tablets — a market where it is now possibly the only major smartphone maker yet to make a device — but at least Nokia is moving ahead with the launch of tablet-friendly services.
Robin Wauters / The Next Web:
Slashnot?  Geeknet mulls sale of online media businesses, including Slashdot and SourceForge  —  Geeknet this morning announced that its board of directors has started evaluating “strategic alternatives” for its online media businesses, which include popular ‘news for nerds’ site Slashdot …
Alan Duke / CNN:
Reporter, fired for stripping, charges gender discrimination  —  Los Angeles (CNN) — A part-time stripper fired from her full-time newspaper job covering Texas high society claims she's a victim of gender discrimination.  —  Sarah Tressler, 30, filed a complaint this week asking …
Jeff John Roberts / paidContent:
Search engines have same speech rights as the New York Times, says Google report  —  Just as the New York Times can decide “All the News That's Fit to Print,” search engines have a free speech right to choose who or what to put in their search rankings.  —  That's the conclusion of a prominent …
Discussion: AllThingsD and Poynter
 
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Say Media UK Nominated for International CMA Awards  —  The UK team at Say Media is on fire.  First they were nominated for the IPA Media Owner Awards Shortlist and now they're a nominee for the International …
AdExchanger:
Telstra Subsidiary Ooyala Agrees To Acquire Video SSP Videoplaza  —  The turf war for programmatic video technologies wages on.  Video distribution and analytics platform Ooyala, acquired by Australian telco Telstra in August …
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Get Proven Social Media Marketing Tactics from a Full House of Experts - Register Now, Rates Increase Friday  —  Sometimes “winning” is just a matter of improving the odds.  And stacking the deck in your favor …
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 More News: 
Steve Ladurantaye / Globe and Mail:
Globe to charge readers for online content
Jessica Roy / Betabeat:
Daily Foodie Newsletter Tasting Table is Gobbling Up Revenue
Gregory Korte / USA Today:
Amendment puts spotlight on Pentagon propaganda
Betsy Rothstein / FishbowlDC:
Pub Backs Blogger in Emails Before Canning Her
Laura Hazard Owen / GigaOM:
OMG, is Amazon going to kill tech blogs too?
Discussion: The Daily and eMedia Vitals
 Earlier Picks: 
Daniel Frankel / paidContent:
Investment bank Evercore readies Variety for sale
Discussion: FishbowlLA
Richard Pyle / Associated Press:
Horst Faas, AP Combat Photographer, Dies at 79