Top News:
Kara Swisher / AllThingsD:
Exclusive: Yahoo's Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion — Yahoo's embattled CEO Scott Thompson (pictured here) is set to step down from his job at the Silicon Valley Internet giant, in what will be a dramatic end to a controversy over a fake computer science degree …
Discussion:
AllThingsD, Business Insider, Forbes, GigaOM, MediaPost, Yahoo! News, AllThingsD, Wall Street Journal, DealBook, CNNMoney.com, The Wrap, Rex Hammock's RexBlog.com, Forbes, AdExchanger.com, Betabeat, Techland, The Verge, ReadWriteWeb, CNET, AdAge, PC Magazine, Search Engine Land, Adweek, VentureBeat, The Next Web, CNBC, paidContent, Deadline.com, TechCrunch, VatorNews, Deal Journal, Engadget, Top Digital Journal News, New York Magazine, GeekWire, Associated Press, Gawker and New York Times
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Yahoo! Pressroom Home:
Yahoo! Names Fred Amoroso Chairman and Appoints Ross Levinsohn Interim CEO — Board Announces Settlement with Third Point LLC — SUNNYVALE, Calif. — Yahoo! Inc. (NASDAQ: YHOO) today announced that the Board of Directors has named Fred Amoroso as Chairman of the Board of Directors …
Discussion:
USA Today, AllThingsD, The Next Web, BetaNews, VentureBeat, Forbes, Business Insider, TechCrunch and ClickZ
Evelyn M. Rusli / DealBook:
Meet Yahoo's New Interim Chief, Ross Levinsohn — Yahoo's revolving door of chief executives has turned again. — Scott Thompson, Yahoo's chief executive of just four months, will leave following a growing controversy over his embellished academic record, according to people briefed on the matter.
Discussion:
Forbes, AllThingsD, Business Insider, @beet_tv, @jasonhirschhorn and New York Times
Peter Kafka / AllThingsD:
Ross Levinsohn's Yahoo Plan: Back to the Future — Ross Levinsohn wants to be known as more than a deal guy. Now he gets his chance. — Assuming Yahoo gives its interim CEO real power — either by making him its actual CEO, or at least letting him behave as if he has the job …
Discussion:
Business Insider, PC Magazine and CNBC
David Carr / New York Times:
A TV Schedule in the Hands of Whoever Holds the Remote — This week, when they ring the bell on the television upfronts, the annual orgy of advertising buying, I hope the industry isn't counting on my house to lift ratings. — So far in the month of May, our household has watched exactly …
Discussion:
New York Times, @jayrosen_nyu, @jonathanwald and New York Times
Dylan Byers / Politico:
Newsweek Cover: ‘The First Gay President’ — The May 21, 2012, issue of Newsweek (used with permission of the publisher). — “'Let the games begin,” Tina Brown said last week after Time Magazine released its controversial breastfeeding cover. — Brown, whose tenure as editor at Newsweek …
Alex Weprin / TVNewser:
‘Rock Center’ IS On NBC's Fall Schedule — Great news for fans of NBC's primetime newsmagazine “Rock Center with Brian Williams,” the program is on the network's Fall schedule which was just announced this afternoon, and will be formally unveiled at tomorrow's upfront.
Discussion:
Adweek, Media Decoder, AdAge, Bloomberg, Forbes, Deadline.com, Deadline.com, Mediaite, The Huffington Post and TVNewser
Mathew Ingram / GigaOM:
Google's head of news: Newspapers are the new Yahoo — Google has a somewhat tense relationship with the traditional newspaper industry, since publishers like News Corp.'s Rupert Murdoch still believe it is depriving them of revenue by “stealing” their content and aggregating it at Google News.
Discussion:
MIT Center for Civic Media
Mathew Ingram / GigaOM:
My personal take: 3 reasons I don't like newspaper paywalls — We've written a lot at GigaOM about the rise of newspaper paywalls, a trend that seems to be accelerating as the financial health of the industry continues to deteriorate, and in particular I've written a number of posts about what I see as the downsides of paywalls.
Discussion:
The Buttry Diary, Dave Winer's … and Techdirt
Jim Louderback:
Defining “The Cow Path” — I often talk about “The Cow Path” when I talk about old media, new media, web video and traditional Television, but I haven't really ever explained it well. Until now. — Did you ever see cows go to a feed trough? They beat a path directly from the open gate into the field right to the feed.
Discussion:
Om Malik
David Taintor / TPM Idea Lab:
TPM Interview: The Atlantic's Alexis Madrigal — TPM Interview: The Atlantic's Alexis Madrigal — What's an average day as Atlantic Tech editor like? — I live out in the Bay Area, so I get up around 6 to get prepared for our morning meeting, which happens to occur at 6:30 a.m. my time.
Mark Hannah / MediaShift:
Will Online Video Coverage of U.S. Election Eat into Text-Based Stories? — As I've read up online about the 2012 campaign news in recent months, I've noticed I'm doing a lot less, well, reading. I've checked around a bit and confirmed that websites that traditionally focus on text-based journalism …