Mediagazer: Scottish First Minister Alex Salmond tells Leveson Inquiry that he believes his bank account was hacked by The Observer newspaper (@skynewsbreak)

9:40 AM ET, June 13, 2012

Top News:

Rob Tornoe / Poynter:

Times-Picayune political cartoonist Steve Kelley laid off — Despite the popularity of political cartoons and visual commentary online, Steve Kelley, the political cartoonist for the New Orleans Times-Picayune since 2002, has been informed his job will be cut as part of the company's transition to three-day-a-week printing.

Discussion: Gambit New Orleans News … and WWNO

Rem Rieder / American Journalism Review:
Newhouse Flunks the Test in New Orleans

Discussion: Second Front and JIMROMENESKO.COM

John McQuaid / The Atlantic Online:
Why a Weak Website Can't Replace a Daily Newspaper in New Orleans

Discussion: New York Times, eMedia Vitals, blogs.forbes.com/johnmcquaid, American Journalism Review, Jack Shafer and The Nation

Erik Wemple / Washington Post:
Times-Picayune restaurant critic laid off

Discussion: Erik Wemple, Diner's Journal, @justinnxt, @erikwemple and New Orleans Times-Picayune

Jack Mirkinson / The Huffington Post:
New Orleans Times-Picayune Layoffs: Paper Cuts A Third Of Its Staff

Discussion: Poynter, WWL-TV, Inside Alabama, Media Decoder, NolaVie, The Atlantic Wire, @wrightthompson, The Daily Beast, City Desk, Blog of New Orleans, Gambit and Poynter

Julie Moos / Poynter: Times-Picayune tells readers: ‘This is a difficult week at our paper’

online.wsj.com:

U.S. Probes Cable for Limits on Net Video — WASHINGTON—The Justice Department is conducting a wide-ranging antitrust investigation into whether cable companies are acting improperly to quash nascent competition from online video, according to people familiar with the matter.

Discussion: GigaOM, Media Decoder, Online Video News, Deadline.com, NetNewsCheck Latest, The Verge, Engadget and Washington Free Beacon

Mathew Ingram / GigaOM:

Why traditional media should be afraid of Twitter — As we've mentioned a number of times, Twitter has been gradually tip-toeing further and further into the media business for some time now. It has already become a real-time newswire for many, a source of breaking news and commentary on live events …

Discussion: eMedia Vitals, ReveNews, Business Insider, ReadWriteWeb and Mashable, Thanks:@mathewi

Ross Neumann / RGN:

Twitter Wants To Put Social Media Editors Out Of Business — Social media editors thrive on chaos. Colleagues of mine like Anthony De Rosa (@AntDeRosa) and Matthew Keys (@ProducerMatthew) spend a ton of time pouring over obscure tweets to find great content.

@skynewsbreak:

Scottish First Minister Alex Salmond tells Leveson Inquiry that he believes his bank account was hacked by The Observer newspaper

Estelle Shirbon / Reuters: Twist in Murdoch saga exposes UK coalition tension

Press Gazette: Rebekah Brooks bailed on phone-hack charges

Joe Pompeo / Capital New York:

Arianna's new tablet magazine, ‘Huffington,’ is a lot like a print magazine — The Huffington Post's new iPad publication will hit the Apple Store for the first time on Thursday. — The weekly tablet magazine, called Huffington. (Ed. note: yes, with a period at the end …

Discussion: Poynter, eMedia Vitals, Mashable!, Media Decoder and PandoDaily

Charlie Warzel / Adweek:

CNBC and Yahoo Finance Announce Content Partnership — Effective immediately, CNBC and Yahoo will be teaming up to jointly distribute content and programming across their networks. For the financial news world, this partnership marries the largest financial broadcaster …

Discussion: MediaPost, CNBC, New York Times, Yahoo! Finance, NetNewsCheck Latest, Reuters and CNET, Thanks:@cwarzel

Julie Bosman / Media Decoder:

After Long Resistance, Pynchon Allows Novels to Be Sold as E-Books — Thomas Pynchon was one of the last great holdouts: the rare writer who had refused to allow his work to be sold in e-book format. — Now he's changed his mind. — Mr. Pynchon, the author of “The Crying of Lot 49,” …

Discussion: The Verge, Melville House Books, Jacket Copy, @zseward and @chanders

Foster Kamer / The New York Observer:

That Time Tina Brown Almost Turned Obama Into Trayvon on the Cover of Newsweek — The presence of Tina Brown atop the Newsweek masthead has been nowhere more evident than on the cover of the magazine itself, from S & M to a very dead (and very photoshopped) Princess Diana.

Discussion: newsweek.tumblr.com and The Atlantic Wire

Alex Wilhelm / The Next Web:

Amazon seems to be taking a gigantic cut of self-published profit for “delivery” of ebooks — 70%! That's what people whisper amongst themselves when publishing on the Kindle platform is mentioned. It's a huge number. A traditional publishing contract might only sport a 15% royalty rate …

Discussion: Andrew Hyde, currybetdotnet, PandoDaily and Boing Boing

Jeff John Roberts / paidContent:
Google's e-book deal could slow rise of Amazon Kindle in Europe

Discussion: TeleRead, Pocket-lint and Melville House Books

Mike Giglio / The Daily Beast:

Previously Unpublished Documents Show Piers Morgan Under Fire — Piers Morgan, the primetime CNN host and former British tabloid editor, has a reputation as a brash and freewheeling newsman who doesn't back down from authority, trades in celebrity gossip and is unafraid to offend.

Discussion: Guardian and Guy Fawkes' blog

Andrew Beaujon / Poynter:

Detroit publisher says layoffs coming to Free Press — Detroit Free Press publisher Paul Anger told employees Tuesday he anticipated layoffs would be coming to the newspaper. The news, first reported by Steve Neavling at Motor City Muckraker, apparently came during a morning meeting …

Discussion: NetNewsCheck Latest, Indianapolis Star and Gannett Blog

John Hudson / The Atlantic Wire:

Jonah Peretti: What I Read — How do people deal with the torrent of information pouring down on us all? What sources can't they live without? We regularly reach out to prominent figures in media, entertainment, politics, the arts and the literary world, to hear their answers.