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8:20 PM ET, October 24, 2012

Mediagazer

 Top News: 
Joe Pompeo / Capital New York:
Barry Diller: ‘Newsweek’ cuts to be as ‘spare’ as possible  —  Barry Diller and Tina Brown: all bold plunges and ‘mistakes.’  —  On this morning's IAC third-quarter earnings call, company chairman Barry Diller addressed last week's bombshell news that Newsweek will eliminate its print edition starting in 2013.
Discussion: Folio, The Wrap and NetNewsCheck Latest
RELATED:
Ryan Chittum / CJR:
Newsweek and the (relative) health of print mags  —  News that Newsweek is exiting print was hardly surprising coming two years after the Washington Post Company unloaded it for a dollar.  —  But these numbers struck me while reading this Financial Times story on the news:
Brent Lang / The Wrap:
IAC Quarterly Earnings Reveals Why Newsweek is Ending Print Run  —  IAC/InterActiveCorp, the media conglomerate behind web properties like Match.com and About.com, bested Wall Street's expectations Wednesday, as operating profits and revenue jumped during its most recent fiscal quarter.
Discussion: The Awl, Vanity Fair and Forbes
Jim Romenesko:
New York Times union sends another letter to publisher Arthur Sulzberger  —  A letter that New York Times union members will be delivering tonight to publisher Arthur Sulzberger says “the company's negotiating goal of sub-inflation raises would perpetuate an era of shrinking compensation” and “would have a withering effect on morale.”
RELATED:
Jim Romenesko:
New York Times union members use Twitter to ‘engage the public’ in contract battle  —  The Newspaper Guild of New York is encouraging members at the New York Times to use Twitter today “to get our message out to the world.”  —  The union, which is in contract talks with Times management, tells members:
Discussion: NetNewsCheck Latest
Joe Pompeo / Capital New York:
‘Times’ union stages ‘informational’ picket as incoming C.E.O. comes under scrutiny
New York Times:
Mark Thompson Says He Did Not Block BBC Savile Program  —  Mark Thompson, the former head of the British Broadcasting Corporation who has been drawn into the scandal involving allegations of sexual abuse against the former television personality Jimmy Savile, reiterated in an interview …
RELATED:
Kate Holton / Reuters:   Thompson says he has NYT's support after BBC scandal
Cahal Milmo / The Independent:
CNN increasingly twitchy over Piers Morgan's tabloid past as phone hacking scandal spreads to Daily Mirror  —  Ever since he left The Daily Mirror under a cloud in 2004, Piers Morgan has gone to some lengths to put his newspaper days behind him.  As if to emphasise his credentials …
Discussion: Business Insider, Reuters and CNN
RELATED:
Charlie Warzel / Adweek:
MIT Technology Review Relaunches ‘Digital-First’  —  Some 20 weeks before Newsweek set the media into a frenzy with its announcement of a digital-first publishing strategy, Jason Pontin was already grappling with how to move his 113-year-old publication toward a digital future.
Discussion: NetNewsCheck Latest, Thanks:@cwarzel
Emil Protalinski / The Next Web:
News.me shuts down iOS apps to focus on Digg, blames new Twitter requirements  —  News.me, the social news service built on top of Twitter (and Facebook), today announced it is killing its curation apps for iPhone and iPad.  The company is blaming Twitter for the move and says it wants to focus on its Digg efforts instead.
Erik Wemple / Washington Post:
Obama campaign and Des Moines Register: A form of quote approval  —  The media news burst of the morning springs from the Web site of the Des Moines Register.  The Obama campaign, without comment, released a transcript of an extensive discussion that it held yesterday with Laura Hollingsworth …
Discussion: Mediaite and Politico
RELATED:
Reuters:
Ecuador concerned for health of Julian Assange  —  Ecuador is worried about the health of WikiLeaks founder Julian Assange and has asked Britain to guarantee him safe passage from its London embassy to hospital if he needs medical treatment, a senior Ecuadorean diplomat said in Moscow.
Discussion: Betabeat
Harrison Weber / The Next Web:
Wikipedia rolls out a completely redesigned mobile site, with an emphasis on type and readability  —  Wikipedia is now officially rolling out a redesigned mobile site to users globally this week, following testing on its experimental Beta site.  —  As Wikipedia explains …
Paul Sawers / The Next Web:
Audioboo founder Mark Rock makes way for a new CEO, as the social audio platform passes 1 million ‘Boos’  —  Social audio platform Audioboo has announced that former Reality Digital COO, Rob Proctor, is its new CEO, with incumbent and company founder Mark Rock now President.
Rebecca Greenfield / The Atlantic Wire:
Reddit Thinks It Can Handle Its Creep Problem Better Than the Internet  —  After the last two weeks of Internet outrage, the creeps on Reddit are still posting inappropriate photos, including ones of minors, and the Reddit powers that be would like to take it from here.  That, Reddit says, it would like to deal with itself.
Discussion: Jezebel
 
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 More News: 
Chris Roush / Talking Biz News:
Another longtime biz journalist leaves Reuters
Dylan Byers / Politico:
Exclusive: Fast and Furious whistleblower sues Time Inc. for libel
Katherine Rushton / Telegraph:
Guardian moves towards compulsory job cuts
Paul Sawers / The Next Web:
GNM taps Rightster to launch Guardian Select Video, a syndication portal to monetize digital video
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Netflix shares drop after it cuts subscriber forecast
Discussion: AllThingsD
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The Mystery Surrounding Declining Hulu Viewership
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Sexed-up StumbleUpon.com goes live for all
Discussion: WebProNews and AllThingsD
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Abner Li / 9to5Google:
Google Meet rolls out an update to let users seamlessly transfer calls between devices “without hanging up and rejoining” via its Android, iOS, and web apps

Cheng Ting-Fang / Nikkei Asia:
TSMC unveils a new chip manufacturing technology called A16; the company plans to start producing its ultra-advanced 1.6nm chips by 2026

 
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