Mediagazer: Does Yahoo even know how to be a modern media company? (Mathew Ingram/GigaOM)

10:30 PM ET, May 14, 2012

Top News:

Ex-Yahoo Chief Told Board He Has Cancer — Before resigning as chief executive of Yahoo Inc. over the weekend, Scott Thompson disclosed to the company's board of directors and several colleagues that he has been diagnosed with thyroid cancer, according to people familiar with the matter.

Discussion: VentureBeat, CNNMoney.com, AllThingsD, Forbes, Dealbreaker, WebProNews, the Econsultancy blog, Network World, DealBook, The Week, The Tech Trade, ZDNet, Media Week, Marketing Pilgrim, Business Insider, Yahoo, Hillicon Valley and CNET

Mathew Ingram / GigaOM:

Does Yahoo even know how to be a modern media company? — Now that Yahoo has managed to make its way through yet another CEO shuffle — its sixth in just five years — the former portal has to get back to the main task at hand: namely, figuring out what its future looks like.

Discussion: AllThingsD, The New York Observer, Guardian, Capital New York and USA Today, Thanks:@jspepper

Amir Efrati / Wall Street Journal:

Yahoo Chairman Wants Interim CEO to Be Permanent CEO — Yahoo Inc.'s interim chief executive, Ross Levinsohn, addressed the company's employees Monday afternoon, a day after the company parted ways with Scott Thompson, who was CEO for less than five months before being hit by a scandal involving his academic credentials.

Discussion: Digits and AllThingsD

Kara Swisher / AllThingsD:
Here's New Yahoo CEO's First Note to Troops! (The Leaking-Internal-Memos-to-ATD Policy Remains in Effect As Usual)

Discussion: AllThingsD, @peterlauria3, VatorNews, paidContent, Bigmouthmedia Search …, The Wrap, Forbes, Business Insider, ZDNet, Tech and China, AllThingsD and DealBook

Press Gazette:

Alastair Campbell: Cameron didn't want Leveson Inquiry — Former Number 10 spin doctor Alastair Campbell has claimed that Prime Minister David Cameron did not want to set up the Leveson Inquiry. — Campbell said comments made at a Westminster lunch by Michael Gove in February were part of a wider Government strategy.

Discussion: The Independent, Media & Entertainment and Telegraph

Guardian:

Rebekah Brooks to learn if she will face charges over phone-hacking scandal — Rebekah Brooks, the former News International chief executive, will be told on Tuesday if she is to be among the first people to face criminal charges over the phone-hacking scandal.

Lisa O'Carroll / Guardian:
O'Donnell: Hunt should have known of adviser's contact with News Corp

Discussion: @skynewsbreak

Telegraph:
Anonymous attacks Leveson and ICO websites

Discussion: @ukanonymous2012 and @philhancnn

Andrew Pugh / Press Gazette:
Bryant: Govt ‘could have broken law’ over BSkyB bid

Discussion: Guardian, Journalism.co.uk and Big News Network.com

Lisa O'Carroll / Guardian:
Leveson inquiry: NI denies Murdoch had ‘selective amnesia’ about Thatcher meeting

Discussion: Huffington Post UK and Telegraph

Gordon Rayner / Telegraph:
Phone hacking: Ex-News International boss Les Hinton demands MPs withdraw accusation he lied to them

Discussion: Guardian

Amy Chozick / New York Times:

Steiger to Step Down as ProPublica's Editor — Paul E. Steiger, the former longtime managing editor of The Wall Street Journal, will step down at the end of the year as the editor in chief and chief executive of ProPublica, the nonprofit investigative news organization that he started nearly five years ago.

Discussion: CJR, Forbes, New York Magazine and FishbowlNY

Nivedita Bhattacharjee / Reuters:

Amazon aims to launch front-lit Kindle in July: source — (Reuters) - Amazon.com Inc will launch new versions of its Kindle e-reader and tablet, including a monochrome e-reader with front lighting, a source who has seen the prototype told Reuters. — The world's largest Internet retailer …

Discussion: CNET, The Verge and Engadget

Joe Pompeo / Capital New York:

At the ‘Times,’ a letter to Sulzberger asks him to ‘reconsider’ firing beloved media lawyer George Freeman — A week after the beloved New York Times assistant general counsel George Freeman lost his job in a round of layoffs, nearly 60 New York Times journalists put their names to a letter …

Discussion: The Newspaper Guild

Alex Weprin / TVNewser: Joe Scarborough Cites NBC Layoffs As Good Business

Dylan Byers / Politico:

USA Today names Larry Kramer publisher — Gannett announced today that it has appointed MarketWatch founder Larry Kramer president and publisher of USA Today, effective immediately. — Kramer will be responsible for developing and executing the long-term strategic vision for USA Today across …

Discussion: JIMROMENESKO.COM, Gannett Company, Inc, Poynter, FishbowlNY, @maryamb, @rafat, @ckrewson and @maryvale

Joe Pompeo / Capital New York:

Jesse Angelo says things at his iPad news app, The Daily, are ‘going great’ — About two weeks ago, The Daily embarked on a bid to expand its mobile readership by launching an iPhone edition. How's that been going so far for the 15-month-old News Corp. tablet tabloid?

Paul Farhi / Washington Post:

As Sedaris walks line between real and ‘realish,’ NPR is left in the middle — Public radio has been good for David Sedaris, and vice versa. In 1992, the then-unknown writer started to turn tales about his quirky upbringing and odd-job work history into the stuff of hilarious, and golden, memoir.

Discussion: The Awl, FishbowlDC and Current.org Blog

Laura Hazard Owen / paidContent:

As 17 more states join class action against book publishers and Apple, new details revealed — New York, the District of Columbia and fifteen other states have joined the e-book pricing class action suit against Apple, Macmillan and Penguin, bringing the total number of states involved so far to 31 (if you include DC and Puerto Rico).

Discussion: MacRumors