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5:40 AM ET, May 29, 2012

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 Top News: 
Josh Halliday / Guardian:
Woman arrested over alleged money laundering  —  A 42-year-old woman has been arrested by police investigating phone hacking on suspicion of money-laundering offences.  The woman was arrested by appointment at a south-west London police station on Monday morning by Metropolitan police detectives from Operation Weeting.
Discussion: @joshhalliday and Press Gazette
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Daily Mail:   Going Viral: No 10 press chief berates BBC man
David Carr / New York Times:
A Doomed Romance With a New Orleans Newspaper  —  If it keeps on raining, levee's going to break — “When the Levee Breaks,” Led Zeppelin  —  Newsprint sentimentalists are part of a shrinking club.  Plenty of people care about news, but the fetishists who want it to be imprisoned on paper?
RELATED:
Harry Shearer / The Huffington Post:
Could New York Be Wronger About New Orleans?  —  LOS ANGELES — As most anybody knows who cares about newspapers, the absentee owners of the New Orleans Times-Picayune have announced plans to quit daily print publication of the paper, turning to a Wednesday-Friday-Sunday schedule …
Jeff Jarvis / BuzzMachine:
The (not so) daily news
Frank Appleyard / Huffington Post Canada:
Postmedia Cuts: Layoffs Expected As Sunday Editions Nixed, National Post Reduces Publication  —  Postmedia Network, the owner of Canada's largest newspaper chain, has announced drastic cutbacks that will see three major city dailies lose their Sunday editions amid an expected wave of layoffs.
John Robinson / Media, disrupted:
Newspaper paywalls: using a Band-Aid on a bullet wound  —  As more newspapers move to paywalls, it comes clearer to me that publishers are attempting to use a Band-Aid to cover a bullet hole.  I share an anecdote:  —  I asked my class of 20-year-old Elon University students how many were on Facebook.
Craig Silverman / Poynter:
BBC mistakenly uses image of Iraq in Syrian massacre story  —  A 2003 photo taken in Iraq was mistakenly used by the BBC website to illustrate a report about the recent massacre in Houla, Syria.  The Daily Telegraph reports that the image of a child jumping over body bags was removed from the story after the BBC realized its error.
Joe Pompeo / Capital New York:
Atlantic Media business website staffs up and strategizes  —  Atlantic Media's forthcoming digital business title is taking shape with new hires and a clear editorial strategy.  —  Two months ago, Chris Batty, the former Gawker sales boss who'd just been tapped as publisher …
Associated Press:
Colombian rebels release video of captured French reporter they say will soon be free  —  BOGOTA, Colombia — The Venezuelan TV network Telesur broadcast Monday the first video images of a French journalist captured a month ago by Colombian rebels, who say they plan to release him on Wednesday.
Discussion: Wall Street Journal
Sarah Adler / San Francisco Chronicle:
Kara Swisher discusses life, D: All Things Digital  —  There are news junkies, and then there is Kara Swisher.  Given the nickname “tempesta” by her Italian relatives (Italian for storm), the Princeton, N.J., native was curious, tenacious and fiery at a young age and has always been interested in reporting and telling people's stories.
Emma Bazilian / Adweek:
Amid Tweets and Slide Shows, the Longform Still Thrives  —  In the age of 140-character tweets, aggregated blog posts and throwaway slide shows, common sense says you can't expect the Web generation's ADD-addled minds to spend more than a few minutes with any sort of content.
Robert Andrews / paidContent:
Slovakia's news payment system going large in July  —  Piano Media, the joint web news payment system operating in Slovakia and Slovenia, is preparing to launch in a third, larger market this summer, after recently taking funding for globalisation. … Piano claimed first-month sales of €40,000 …
Mark Sweney / Guardian:
NUJ to cut jobs  —  The National Union of Journalists is to cut jobs and reduce costs in order to stave off an impending financial crisis.  The NUJ executive council said it had been forced to take the action to counter issues including a fall in union income, rising costs and a “challenging industrial environment”.
Andrew Phelps / Nieman Journalism Lab:
How a New York Times developer reverse engineered @Horse_ebooks -An Interesting  —  Jacob Harris, a senior software architect at The New York Times, shares my obsession with @Horse_ebooks, the wise and mysterious Twitter spambot.  @Horse_ebooks tweets nonsensical phrases …
 
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 More News: 
Thomas Larson / CounterPunch:
Book Critic Censored by San Diego Newspaper
Discussion: @romenesko
Roy Greenslade / Guardian:
The real reason for the firing of the New York Times chief executive
Richard Jones / Guardian:
Local newspapers' crisis: my hyperlocal site was fine, but it didn't pay
Discussion: Guardian
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