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1:20 PM ET, December 3, 2012

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 Top News: 
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 …
RELATED:
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 …
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 …
Discussion: CNNMoney.com
Felix Salmon:
The impossibility of tablet-native journalism  —  The Daily has reached the end of its life: as News Corp splits in two, its losses, which might have been manageable within the current behemoth, would have loomed far too large in the smaller spinoff.  —  The news is not particularly surprising …
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: AdAge, Digits, CJR and The Awl
David Taintor / Talking Points Memo:
The Daily Staffers To Meet At 11 AM, 6 PM To Discuss Details Of Closure  —  The Daily's editor in chief Jesse Angelo and publisher Greg Clayman will meet with staff today at 11 a.m. and 6 p.m. to discuss details of the iPad-only newspaper's closure later this month.
Discussion: App Advice
Jeff Jarvis / Guardian:   The Daily closes shop: why the news app was doomed from the start
Telegraph:
Tom Mockridge quit News Corp after major Murdoch shake-up left him with a role 'he didn't want'  —  Tom Mockridge resigned as chief executive of News International, publisher of The Times and the Sun, because a major management shake-up at Rupert Murdoch's media empire has left him with a role he does not want.
RELATED:
Jack Mirkinson / The Huffington Post:
Gerard Baker Named Wall Street Journal Editor; Robert Thomson CEO Of News Corp. Publishing Company
Discussion: Wall Street Journal
George Szalai / Hollywood Reporter:
News Corp.'s Entertainment Business to Be Called Fox Group After Company Split
Discussion: Deadline.com
Guardian:
BSkyB's Mike Darcey appointed News International chief
Discussion: Guardian, The Wrap and Media News
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 …
Amanda Holpuch / Guardian:
Tumblr hit by cyber worm from group engaged in ‘anti-blogging’ campaign  —  GNAA spokesman says infection of micro-blogging platform is a protest against ‘lowering journalistic standards’  —  Tumblr, the micro-blogging platform which hosts more than 83 million blogs, has been hit by a cyber worm …
Discussion: Gawker, Betabeat and CNET
RELATED:
Adi Robertson / The Verge:
Hackers claim 8,600 accounts infected in major Tumblr compromise
Discussion: VentureBeat
Meg James / Los Angeles Times:
CNN set to launch syndicated Latino programming  —  The news network aims to woo bilingual speakers — and ad dollars — with its Spanish-language lifestyle block tailored to broadcast stations.  It'll be competing directly with Univision and rivals.
Discussion: TVNewser
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, Pocket Blog and paidContent
 
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 More News: 
Carl Swanson / New York Magazine:
Chris Hughes Is About to Turn 100
Discussion: Betabeat and The Awl
Paul Farhi / American Journalism Review:
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