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1:20 AM ET, August 11, 2012

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 Top News: 
Alexander Abad-Santos / The Atlantic Wire:
Fareed Zakaria Apologizes for ‘Lapse’; Faces Time and CNN Suspensions  —  Update: 5:17 p.m.: CNN, where Zakaria hosts the show Fareed Zakaria GPS (Global Public Square), has suspended Zakaria as well.  Here's an official statement: … Though CNN has pulled the blog post, we found it thanks to Google cache.
TechCrunch:
Another Big Social Marketing Exit: Gannett Will Buy BLiNQ Media For Up To $92M  —  On the heels of Google buying Wildfire and Salesforce nabbing Buddy Media, we have heard from two very reliable sources, plus a third anonymous source, that Gannett Co., the media giant that owns USA Today and other properties, is buying BLiNQ Media.
Kara Swisher / AllThingsD:
Exclusive: Yahoo's Mayer Aiming for Twitter's Stanton for Big Media Role  —  Yahoo CEO Marissa Mayer has been trying to recruit Katie Jacobs Stanton, Twitter's head of international markets, to take a major job on the media side of the Silicon Valley Internet giant, according to multiple sources close to the situation.
RELATED:
Barry Petchesky / Deadspin:
The New York Times Tries Its Hand At Animated Gifs.  It Does Not Go Well.  —  If Buzzfeed and the Times made a baby, and it had epilepsy, it would look like this: “10 Animated GIFs From London 2012.”  These gifs are different—they're constructed from rapid fire shots taken by the Times's photographers …
Kevin Breen / The Skeptical Libertarian:
Jonah Lehrer's Teller Deception  —  Tuesday night, I showed a printed excerpt from Jonah Lehrer's bestselling book, Imagine: How Creativity Works, to Teller, the quieter half of the magic duo Penn and Teller.  Teller read what was allegedly a statement he made about a previous point in his career …
Discussion: Poynter
Robert Andrews / paidContent:
Guardian sees 2.1% of iPad readers pay  —  Last month, Guardian Media Group used its annual financial disclosure to report it has, so far, attracted 17,000 paying iPad subscribers.  —  Friday's full annual report adds there have been 804,000 downloads of that app.
Discussion: Media Week
RELATED:
Mark Sweney / Guardian:
GMG chief executive takes pay cut
Rebecca Shabad / Roll Call:
FCC Database Creates Headaches for TV Stations in Battlegrounds  —  A Federal Communications Commission plan to make television stations disclose how many political ads they have sold is creating administrative headaches for network affiliates in battleground states that deal with a dozen …
Thanks:@gnagesh
Padraic Halpin / Reuters:
NBC asked to cease ringside commentary  —  LONDON, Aug 10 (Reuters) - Olympic boxing's governing body said it had asked London Games' organisers to tell American broadcaster NBC to cease its ringside commentary at the boxing arena on Friday because they were disrupting officials.
Mallary Jean Tenore / Poynter:
Sara Ganim: When covering big stories, ‘it matters who you work for’  —  Pulitzer Prize winner Sara Ganim says “it matters who you work for” when reporting on big investigative stories.  —  While working as a courts and crime reporter at the Centre Daily Times in State College, Pa. …
Andrew Tyndall / Hollywood Reporter:
How CNN Can Benefit From Being Bland (Analysis)  —  Andrew Tyndall writes for THR that its appealing online presence internationally should have it chasing YouTube, not Fox News.  —  When it was invented about 30 years ago, CNN solved one of the major shortcomings of television news in the broadcast era: It was on all the time.
Discussion: @davidfolkenflik and @jayrosen_nyu
Shalini Ramachandran / Digits:
Barrydriller.com Claims to Compete Against Barry Diller's Aereo  —  Lots of entertainment executives might aspire to follow in media mogul Barry Diller's footsteps.  Few would go as far as Alki David.  —  The chief executive of FilmOn, an online video site, has started a new service …
Foster Kamer / The New York Observer:
NPR Planet Money Host Adam Davidson Under Fire from Rogue Media Ethicists (Updated)  —  The NPR host and New York Times Magazine contributor gets panned for ethical misgivings.  What—and how real—are they?  —  NPR's Planet Money—which was born out of the Peabody award-winning …
Andrew Beaujon / Poynter:
Study: Journalists' lousy understanding of fair use leads to self-censorship  —  Few journalists understand the rules of fair use, but they often successfully fake their way through the issues it raises.  That's one takeaway from “Copyright, Free Speech, and the Public's Right to Know …
 
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 More News: 
Sara Morrison / CJR:
A tale of two Finkes  —  Deadline Hollywood doyenne Nikki Finke …
Discussion: FishbowlNY and FishbowlLA
David Wagner / The Atlantic Wire:
David Rakoff, Essayist and ‘This American Life’ Contributor, Has Died
 Earlier Picks: 
Josh Halliday / Guardian:
BBC: Thompson didn't criticise GB coverage
Josh Sternberg / Digiday:
Publishers Turn to the Crowd
Jim Romenesko:
Buy my newspaper, please!
 

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

 
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