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3:27 AM ET, May 19, 2012

Mediagazer

 Top News: 
Jack Shafer:
So Warren Buffett likes newspapers again?  —  Just because Warren Buffett blew $142 million in cash on 63 daily and weekly Media General newspaper titles yesterday doesn't mean that newspapers are back.  All it means is that an old cow that's still a milker has been moved to a neighboring farm's pasture …
RELATED:
Andrew Beaujon / Poynter:
Facebook IPO may force journalists to consider their role in the social network's growth  —  Facebook's IPO just created a lot of billionaires.  Probably not that many of them work in journalism.  But journalists, Kristie Lu Stout argues, create part of Facebook's value.
RELATED:
Mathew Ingram / GigaOM:
Facebook's biggest problem is that it's a media company  —  There's been a lot of attention paid to Facebook's business model recently, especially with the news that General Motors has killed a $10-million advertising campaign devoted to the giant social network — not exactly a great sign …
Erik Wemple:
CSIS to investigate Arnaud de Borchgrave's writings  —  The Center for Strategic and International Studies (CSIS) said this afternoon that it will investigate the work of Arnaud de Borchgrave, one of the think tank's program directors and a columnist for the Washington Times and United Press International.
RELATED:
Mariah Blake / Salon:
Coverup at Washington Times  —  Editors knew there was an apparent plagiarist on staff but let him keep writing.  An exclusive look inside the paper  —  During his long career, Arnaud de Borchgrave, a one-time Newsweek correspondent and editor, has earned his share of laurels.
Discussion: Erik Wemple
Michael Hastings / BuzzFeed:
Congressmen Seek To Lift Propaganda Ban  —  Propaganda that was supposed to target foreigners could now be aimed at us.  “Disconcerting and dangerous,” says Shank.  —  An amendment that would legalize the use of propaganda on American audiences is being inserted into the latest defense authorization bill, BuzzFeed has learned.
Discussion: Mediaite and @adrianchen
Mark Hosenball / Reuters:
Exclusive: Did White House “spin” tip a covert op?  —  (Reuters) - White House efforts to soft-pedal the danger from a new “underwear bomb” plot emanating from Yemen may have inadvertently broken the news they needed most to contain.  —  At about 5:45 p.m. EDT on Monday, May 7 …
Laura Hazard Owen / paidContent:
A kinder, gentler DRM?  —  With Harry Potter fan site and e-bookstore Pottermore.com now using watermarking instead of heavyweight DRM on all the Harry Potter e-books, anti-DRM arguments are growing louder.  Now the International Digital Publishing Forum (IDPF), the organization that oversees …
The Huffington Post:
'Reporter's Privilege' Under Fire From Obama Administration Amid Broader War On Leaks  —  RICHMOND, Va. — The Obama administration Friday morning continued its headlong attack on the right of reporters to protect their confidential sources in leak investigations.
Discussion: @mikeriggs and Capital New York
Financial Times:
Murdoch quashes talk of UK paper spin-off  —  By Andrew Edgecliffe-Johnson in New York and Matthew Garrahan in Los Angeles  —  Rupert Murdoch has moved to quash discussions within his own company about selling its tainted UK newspaper business, saying News Corp remained “firmly committed” …
Discussion: Jon Slattery and Telegraph
Jason Del Rey / AdAge:
Amazon to Sell Ads on Kindle Fire Welcome Screen — If You Have $600K  —  Amazon Seeks Big Money as It Brings Advertising to Its Hottest Tablet  —  The Kindle Fire is Amazon.com's best-selling product, the company said in its first-quarter-earnings release.  And it's being treated that way by the Amazon ad sales team.
Bloomberg:
‘Pan Am’ May Fly Again As Web Revives Canceled TV Shows  —  In the world of television, canceled doesn't mean what it used to.  —  The four major U.S. networks this week unveiled 31 new shows for 2012-2013, meaning at least that many won't be back.  Some, like CBS's “A Gifted Man,” failed to win viewers.
Discussion: Variety and Radio & Television …
 
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 More News: 
Chris Velazco / TechCrunch:
Adobe's Updated Digital Publishing Suite Means More Magazines For The iPhone
Politico:
2012 political TV ads: The rush is on
Discussion: Media Decoder
Tracie Powell / Poynter:
Amid diversity improvements at NPR, fear and challenges remain
Andrew Beaujon / Poynter:
Survey: 52% of media professionals abandon websites when they hit a paywall
 Earlier Picks: 
Philip Elliott / Associated Press:
Mitt Romney Tries To Win Over Reporters With Cookies And Conversation
Tom McGeveran / Capital New York:
In a memo, Ricketts tells his news staff his politics have ‘absolutely no impact’ on their work
Steve Buttry / The Buttry Diary:
Aggregation guidelines: Link, attribute, add value
Discussion: Erik Wemple, Poynter and Cision
Josh Stearns / MediaShift:
The First Amendment Should Protect Everyone's Right to Record
Discussion: Save the News and The Daily Beast
 

 
From Techmeme:

MacKenzie Sigalos / CNBC:
Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% to $2.25B, Cash App gross profit up 21% to $1.31B; SQ drops 6%+ after hours

Devindra Hardawar / Engadget:
Mac mini (2024) review: incredibly fast with the M4 Pro, well-equipped for creative work, and smaller design takes less space, but spec upgrades are overpriced

Anissa Gardizy / The Information:
Source: Amazon is discussing a second multibillion-dollar investment in Anthropic, but wants Anthropic to use a large number of servers powered by Amazon chips

 
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