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5:35 PM ET, August 8, 2012

Mediagazer

 Top News: 
Peter Kafka / AllThingsD:
The New York Times Is About to Say Goodbye to About.com  —  The New York Times' time with About.com may be coming to an end.  The paper has been looking to get rid of the struggling Web site, which produces high-volume, low-cost content, and has a deal in place to sell it to Answers.com.
RELATED:
Jeff Bercovici / Forbes:
NY Times Co. Stock Trading Up On About.com Sale Report  —  When The New York Times Co. took a $192 million write-down on About.com at the end of last quarter and lowered its guidance for the unit, I said the company was caught between its past and its future.  —  See you later, past.
Edmund Lee / @edmundlee:   NYTimes confirms “it is engaged in discussions regarding the potential sale of its About Group. No definitive agreement has been reached.”
Peter Kafka / AllThingsD:
News Corp. Takes $2.8 Billion Charge  —  News Corp. missed its quarterly numbers today by reporting adjusted earnings of 32 cents a share on revenue of $8.4 billion; the Street was expecting 32 cents and $8.7 billion.  —  More interesting is the $2.8 billion “non-cash impairment charge” …
RELATED:
Reuters:
News Corp posts higher profit on cable, movies
Discussion: Bloomberg
Steve Myers / Poynter:
New York Times news apps team ventures into product development with Olympics syndication  —  The New York Times has built an impressive online home for its Olympics coverage, with instantly-updated results, medal counts, athlete bios, and of course stories and photos.
Discussion: @zimbalist
RELATED:
Linda Holmes / NPR:
Good Business, Bad Quality: How NBC Is Both Right And Wrong On The Olympics
Discussion: business.time.com and Poynter
Eric Pfanner / New York Times:
BBC's Olympics Broadcasts Focus on Live Coverage
Discussion: Search Engine Land
Amy Chozick / New York Times:
Obama Is an Avid Reader, and Critic, of the News  —  WASHINGTON — A few months after President Obama's $787 billion economic stimulus package passed, he began to notice news reports, but not about the jobs the bill might create or how much of the country's infrastructure it would repair.
Michael Calderone / The Huffington Post:
Bloomberg News Doubles Staff For 2012 Political Conventions  —  NEW YORK — Al Hunt, Washington editor of Bloomberg News, said he still gets “excited” heading to the political conventions — even after covering 19 previous Republican and Democratic gatherings over the past 40 years.
RELATED:
Dylan Byers / Politico:
Al Gore to host conventions for CurrentTV
Discussion: The Huffington Post
Roy Greenslade / Guardian:
70 journalists killed in six months  —  At least 70 journalists and support staff were killed while on assignment in the first half of this year, making it one of the bloodiest periods of recent times.  —  Fifteen were confirmed dead in Syria alone between January and June …
Craig Silverman / Poynter:
Washington Post's TruthTeller project hopes to birth real-time fact-checking  —  Steven Ginsberg saw the future of fact-checking while listening to a politician tell lies in Iowa last summer.  —  “It was one of those small parking lot affairs outside a sports bar and the candidate …
Discussion: NetNewsCheck Latest
Aaron Mesh / Willamette Week:
Stop the Presses  —  The Oregonian may not be a daily newspaper much longer.
Robert Andrews / paidContent:
Two years after the tipping point, papers' web readership is booming  —  As newspapers' print circulation continues to decline, publishers now get the majority of their readers online.  But what does that look like in practise?  —  I crunched ABC and ABCe (UK) data for the last 12 years to discover the long view.
Howard Finberg / Poynter:
6 foundations tell journalism schools to change faster or risk future funding  —  As thousands of educators head off to Chicago for the 100th anniversary convention of the Association for Education in Journalism and Mass Communication, I can promise that one of the most talked-about topics …
Discussion: Knight Foundation
James Poniewozik / Time:
Politifact, Harry Reid's Pants, and the Limits of Fact-Checking  —  Fact: I do not know whether Mitt Romney paid federal income taxes, when, or how much, in any year before 2010, for which he publicly released his tax returns.  Fact: You probably do not either, unless you are among …
Alan Mutter / Reflections of a Newsosaur:
Big Data is a big deal for newspapers  —  Just when you thought you had a handle on digital publishing, here comes a paradigm shift that will be more counterintuitive and more disconcerting for newspapers than all the technological innovations that have come before.
Discussion: Forbes, ZDNet, Digiday and eMedia Vitals
Peter Jukes / The Daily Beast:
Elton John sues the Times for Libel  —  Adding to Murdoch's woes, the singer sues the media mogul's flagship paper for libel.  Peter Jukes reports.  —  Rupert Murdoch's luck in London seems have run out.  After some seventy arrests associated with phone hacking [LINK ON PHONE HACKING …
 
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The Latest on “Not Provided” and More at SMX Advanced - Register Now  —  Ask a search marketer what they love about their job and you'll likely hear “it's always changing.”  Just this week, Google upset the apple cart …
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 More News: 
Fernando Alfonso III / Daily Dot:
WikiLeaks website down after denial of service attacks
Discussion: The New Yorker Blog and ZDNet
Lynne Marek / Chicago Business:
Journatic cuts 10% of full-time workforce
Discussion: Poynter
Laura Hazard Owen / paidContent:
As verdict on ebook pricing settlement nears, Apple gets 5 pages to respond to DOJ
Joe Pompeo / Capital New York:
On a hiring jag, ‘Businessweek’ brings in a new tech editor, Doug Cantor
Discussion: FishbowlNY
Michael Calderone / The Huffington Post:
Romney's VP Selection Process Prompts Memories Of Veepstakes Past
Discussion: ABCNEWS
Peter Preston / Guardian:
Digital-only Financial Times would still be a difficult trick to perform
 Earlier Picks: 
Sarah Marshall / Journalism.co.uk:
New York Times launches US election Tumblr
Jeff Sonderman / Poynter:
Lost Remote becomes latest acquisition of Mediabistro parent company
Tanveer Ali / CJR:
Breaking news: This minority group is different
Discussion: Fox News, USA Today and Media Decoder
Kara Swisher / AllThingsD:
Mayer Will Extend Free Food to NYC Too, While “What Is Yahoo?” Question Is Hereby Banish'd
Discussion: Business Insider
 

 
From Techmeme:

Nick Statt / CNET:
Exclusive: Nike fires majority of FuelBand team, will stop making wearable hardware

Ellis Hamburger / The Verge:
Facebook's dedicated unfollow button triples unfollows as users tire of original friend model

Kara Swisher / Re/code:
What Does the Recent Tech Stock Downturn Mean? The Truth Is Nobody Knows.

 
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