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4:15 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.
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
Matthew Wong / Venture Capital Dispatch:
VCs Tune In to YouTube Channels  —  Producer and director Brian Robbins started AwesomenessTV six months ago to provide streaming shows ranging from a version of “The View” for teenage girls to a program featuring sports highlights and bloopers hosted by NBA star Blake Griffin.
Discussion: Noted
AllThingsD:
With Billions Burning a Hole in Her Pocket, Here Are Some Companies Yahoo's Mayer Might Be Eyeing (And Buying)  —  Now that she could have $4 billion more to play with from the proceeds of Yahoo's sale of its Chinese assets, here's a fun new Silicon Valley parlor game to enjoy: “What will Marissa Mayer buy?”
RELATED:
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.
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 …
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. …
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
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 …
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 …
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
Sara Morrison / CJR:
A tale of two Finkes  —  Deadline Hollywood doyenne Nikki Finke is not amused by the fake Twitter account in her name  —  The real Nikki Finke (@NikkiFinke) is the founder and editor in chief of Deadline Hollywood, a website that has become, in its six years of existence …
Discussion: FilmDrunk, FishbowlNY and FishbowlLA
 
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 More News: 
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
 

 
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Ingrid Lunden / TechCrunch:
Airbnb Has Closed Its $500M Round Of Funding At A $10B Valuation, Led By TPG

Emil Protalinski / The Next Web:
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