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11:20 AM ET, December 3, 2012

Mediagazer

 Top News: 
Business Insider:
News Corp Is Shutting Down iPad-Only Newspaper The Daily  —  The latest News Corp press release says that the Daily, its standalone daily iPad newspaper, will “cease standalone publication”.  —  The newspaper had a high profile launch in February 2011, but had apparently struggled to pay its way …
RELATED:
Jeff Sonderman / Poynter:
2 major lessons from the demise of The Daily  —  The publisher of News Corp.'s The Daily said earlier this year that the iPad-only publication might need a few more years to be profitable.  Today the company announced it won't get that chance.  —  Although it has been one of the most-popular …
John Biggs / TechCrunch:
The Daily's Final Day: About 100 Employees In The Newsroom, Little Inkling Of Layoffs  —  I spoke to a person inside The Daily who held a $40,000 reporter position for the now shuttered “daily iPad newspaper.”  While not completely blindsided, they had little inkling of what was going on inside …
Jim Romenesko:
Why The Daily Failed  —  Trevor Butterworth, who wrote about tech and other matters for The Daily iPad publication, writes on his Facebook wall: … * The Daily to cease publication Dec. 15 (wsj.com)
Discussion: The Awl and Digits
David Taintor / Talking Points Memo:   The Daily Staffers To Meet At 11 AM, 6 PM To Discuss Details Of Closure
Guardian:
Tom Mockridge's resignation email to News International staff  —  Chief executive's message to company personnel following formal announcement by Rupert Murdoch  —  First, I apologise that this message comes to you after the formal announcement by Rupert Murdoch late last night of my resignation …
RELATED:
George Szalai / Hollywood Reporter:
News Corp.'s Entertainment Business to Be Called Fox Group After Company Split  —  Dow Jones editor-in-chief Robert Thomson will become the CEO of the new publishing company, while Chase Carey's and James Murdoch's roles at Fox Group will remain unchanged.  —  Rupert Murdoch's News Corp …
Discussion: Deadline.com
Jack Mirkinson / The Huffington Post:   Gerard Baker Named Wall Street Journal Editor; Robert Thomson CEO Of News Corp. Publishing Company
Guardian:
BSkyB's Mike Darcey appointed News International chief
Discussion: The Wrap and Media Week
Hamilton Nolan / Gawker:
30 More Buyouts Coming to the New York Times  —  The New York Times, like the rest of the newspaper industry, went through a painful series of buyouts after the 2008 financial collapse exacerbated the already ongoing collapse of the newspaper industry.  In 2009, they cut 100 positions.
RELATED:
Henry Blodget / Business Insider:
These Numbers Show Why The New York Times Is Firing More Journalists  —  The New York Times announced another round of newsroom cost cuts this morning, with editor Jill Abramson seeking voluntary resignations from 30 senior editors.  —  If 30 editors don't accept the buyouts, the NYT will proceed to involuntary firings.
Ken Auletta / New Yorker:
The Heiress  —  On Saturday, July 2, 2011, a high-society traffic jam descended on the cobblestoned town square of Burford, a village sixty-eight miles northwest of London, not far from the market town of Chipping Norton.  Hundreds of chauffeured cars approached a gated stone wall …
David Carr / New York Times:
A Stalwart of Time Inc. Packs Up  —  In the decade I've covered John Huey, I'd never once been to his magisterial office on the 34th floor of the Time & Life building.  It is large and imposing in a way its occupant is not, an unlikely landing spot for an old newspaper hack.
Discussion: @megan
Peter Kafka / AllThingsD:
Buzz Media Swaps Out CEO, Looks for More Money  —  Buzz Media, a pop culture Web publisher with dozens of sites, has a new CEO: President Stephen Hansen has taken the top spot, replacing Tyler Goldman, who moves up to executive chairman after six years.  —  The Los Angeles-based company …
Anna Heim / The Next Web:
Pocket partners with Matter, brings deep journalism to its read-it-later platform  —  Read-it-later platform Pocket has closed its first publisher partnership with Kickstarter-funded media outlet Matter, the company announced today in a blog post.  —  Following the agreement …
Discussion: TechCrunch, paidContent and Pocket Blog
 
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 More News: 
Paul Farhi / American Journalism Review:
Mistaken Nation  —  In journalism, as in real life, stuff happens.
Bryan Bishop / The Verge:
Frontline makes the documentary interactive with 'David Coleman Headley's Web of Betrayal'
Virginia Postrel / Bloomberg:
A Free-Market Fix for the Copyright Racket
 Earlier Picks: 
Ken Doctor / Nieman Journalism Lab:
The newsonomics of going deeper  —  The news industry appears …
Nat Ives / AdAge:
Atlantic Media Tries Turning Twitter Into a Bigger Ad Platform
 

 
From Techmeme:

MacKenzie Sigalos / CNBC:
Block reports Q3 revenue up 6% YoY to $5.98B, vs. $6.24B est., gross profit up 19% YoY to $2.25B, Cash App gross profit up 21% to $1.31B, and a $284M net income

Anissa Gardizy / The Information:
Source: Amazon is discussing a second multibillion-dollar Anthropic investment, asking Anthropic to use servers with Amazon chips; Anthropic prefers Nvidia GPUs

Sebastian Sinclair / Decrypt:
Detroit plans to accept crypto for tax and fee payments from mid-2025 via a PayPal platform that will convert them to USD, becoming the largest US city to do so

 
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