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8:50 AM ET, July 30, 2012

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 Top News: 
Jeff Jarvis / BuzzMachine:
#nbcfail economics  —  Reading the #nbcfail hashtag has been at least as entertaining as much of NBC's coverage of the Olympics.  It's also enlightening — economically enlightening.  —  There's the obvious:  —  * The people formerly known as the audience have a voice and boy are they using …
RELATED:
Reuters:
Don't tweet if you want TV, London fans told  —  (Reuters) - Sports fans attending the London Olympics were told on Sunday to avoid non-urgent text messages and tweets during events because overloading of data networks was affecting television coverage.  —  Commentators on Saturday's men's …
Terri Thornton / MediaShift:
London 2012: The Thrills (and Agony) of the Social Olympics  —  It's an Olympic achievement.  Not just the London Games, but the social media infrastructure behind them.  —  People definitely engaged online during the 2010 Winter Games in Vancouver.  But new apps, better mobile devices …
Discussion: Reuters, 2012 London Olympics and ZDNet
Jeff Sonderman / Poynter:
Rafat Ali: Media builds a brand, data builds the revenue  —  Rafat Ali — who built paidContent, sold paidContent, took two years off to travel and said he did not want to go back to beating his head against the collapsing wall of journalism — is back in journalism.
Discussion: @jasonhirschhorn
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Laura Hazard Owen / paidContent:
Rafat Ali's Skift aims to be the Politico of travel websites  —  U.S. travel is a $2 trillion dollar industry, but Rafat Ali believes it doesn't have a go-to, digital native news site the way the tech, finance and meda sectors do.  So he decided to create one.
Discussion: Skift.com
Ed Pilkington / Guardian:
WikiLeaks claims responsibility for fake Bill Keller column  —  Hoax including fake tweets and a counterfeit Times website dismissed as ‘childish prank’ by former editor Bill Keller  —  WikiLeaks, the whistleblowing site set up by Julian Assange, has claimed that it was behind …
RELATED:
Natalia Viana / The Nation:
How WikiLeaks Transformed Brazil's Media  —  This article appeared in the August 13-20, 2012 edition of The Nation.  —  Recommended by  —  As the Boeing 777 from London arrived at the gate of Guarulhos International Airport in São Paulo on December 2, 2010, its passengers queued up to deplane …
Keach Hagey / Wall Street Journal:
Henry Blodget's Second Act  —  On any given day, the website known as Business Insider is likely to lead off with a photograph of an attractive woman and followed by headlines about the end of the world and a slideshow featuring the latest iPhone rumors.  —  It is far afield of what used to be financial journalism.
Discussion: eMedia Vitals and @felixsalmon
Ben Sisario / Media Decoder:
Spin Announces Layoffs and Drops Nov./Dec. Issue  —  Two weeks after its takeover by an online media company, Spin magazine's future as a print publication was cast further into doubt on Friday when 11 employees — a third of the staff — were laid off and publication plans for the bimonthly magazine were suspended.
Discussion: Erik Wemple and Folio
Jeff John Roberts / paidContent:
Curbed's Lockhart Steele weighs in on advertising — and Nick Denton  —  Everyone likes the idea of a thriving website sustained by a community of local readers.  But too often “local” has been the stuff of journalistic ideals rather than real-world business plans.
Discussion: AdExchanger, Thanks:@jeffjohnroberts
Kara Swisher / AllThingsD:
In Week Two, Marissa Mayer Googifies Yahoo: Free Food!  Friday Afternoon All-Hands!  New Work Spaces!  Fab Swag!  —  Yahoo's new CEO Marissa Mayer's second week is showing even more signs of what the company will be like under her regime.  —  In short: It will be just like Google, from whence she came.
 
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Mindshare's Digital Chief On Mixing Media With Creative  —  As Mindshare Chief Digital Officer Norm Johnston recalls, the impetus for Content+ occurred during the Cannes Lions advertising festival over several glasses of rosé.
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 More News: 
Sam Marsden / Telegraph:
Police arrest journalist, 51, over ‘data taken from stolen mobiles’
Discussion: Guardian
Justin Ellis / Nieman Journalism Lab:
How BuzzFeed wants to reinvent wire stories for social media
Mathew Ingram / GigaOM:
Why Twitter's move into TV could be a recipe for disaster
 Earlier Picks: 
Steven Rosenbaum / CJR:
How a documentary filmmaker was (temporarily) foiled by the copyright cops
Jonathan Stray / Nieman Journalism Lab:
Who should see what when? Three principles for personalized news
Adrienne LaFrance / Nieman Journalism Lab:
With its new pop-out markets widget, The Wall Street Journal is after super-niche readers