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10:15 AM ET, December 10, 2012

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 Top News: 
New York Times:
Bloomberg Weighs Making Bid for The Financial Times  —  Not long ago, The Financial Times would have been the crown jewel of any media company, instantly conferring prestige and influence on its owner.  Now, given the likely bidders, one of the world's most respected and distinctive financial newspapers …
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Adam Clark Estes / The Atlantic Wire:
Does Michael Bloomberg Really Need a Newspaper?  —  Michael Bloomberg's got a lot going on.  He's the mayor of New York City, one of the most powerful cities on the planet.  He owns 90 percent of the wickedly profitable media company that bears his name.  He's number 10 on the Forbes 500 list.
Andrew Pugh / Press Gazette:
Owners of Australian prank call radio station accuse British media of ‘witch-hunt’  —  Radio DJ's Michael Christian and Mel Greig during an interview on Australia's Channel Seven.  Picture: Today Tonight/PA Wire  —  The owners of the Australian radio station behind a prank call …
Discussion: Guardian
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Rob Taylor / Reuters:
Royal phone scandal highlights new media risks  —  (Reuters) - Back in 2007, as investigations were gathering strength into the UK phone hacking scandal involving journalists working under the umbrella of the Murdoch media empire, a comedy show based around prank telephone calls made a low-key debut in Britain.
Discussion: The Daily Beast
Bloomberg:
Royal Phone-Hoax Death Prompts Cancellation of Sydney Radio Show  —  The Australian radio station that made a hoax call to a London hospital about the Duchess of Cambridge said it's canceling the show and will cooperate with authorities after a nurse who answered the phone was found dead.
Press Association:
Tories dismiss Labour plans for Leveson law  —  Conservatives have dismissed Labour plans for a Leveson law published today as lacking in detail as they prepare to produce the Government's draft Bill on press reform.  Shadow culture secretary Harriet Harman unveiled proposals that would put …
Discussion: Guardian
RELATED:
BBC:
Labour reveals its Leveson plan  —  Opinion is divided over how to proceed with the findings of Lord Justice Leveson  —  Labour has published details of how it would like to see the press regulated in the wake of Lord Justice Leveson's report on press standards.
David Carr / New York Times:
For Wall Street Journal, Leadership at a Crossroads  —  Betting against Rupert Murdoch hasn't gone very well for many people, including me.  When he bought The Wall Street Journal in 2007 and brought in a trusted associate, Robert Thomson from The Times of London, I said that he might ruin …
Anna Heim / The Next Web:
Meet Matter, San Francisco's new accelerator for media startups [Interview]  —  If you think traditional media outlets are disconnected from the startup world, think again.  While Europe has already welcomed initiatives such as BBC Worldwide's Labs and the Irish Times' Digital Challenge …
Meg Heckman / NetNewsCheck:
Inquirer, Daily News To Split From Philly.com  —  The Philadelphia Inquirer and Philadelphia Daily News, after sharing Philly.com as their online home, are set to launch their own paywalled sites in the first quarter of 2013.  “Each paper has a digital side, but it's all fed through Philly.com …
Discussion: @chanders
Kara Swisher / AllThingsD:
In “Seismic Shift,” New COO De Castro Planning to Move Yahoo Ad Sales to Category Model (Backed Up by “Marissa Halo")  —  In what will be a major shift in how the Silicon Valley Internet giant sells online advertising, Yahoo's new COO Henrique De Castro has briefed employees on a plan to move …
Laura Hazard Owen / paidContent:
Simon & Schuster signs new ebook retailer contracts post-DOJ settlement  —  Simon & Schusterhas entered new ebook contracts with retailers over the weekend, as a result of its settlement with the Department of Justice.  The other two settling publishers, Hachette and HarperCollins …
 
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The Sharing Economy Is Here to Stay - and It Changes Everything … I recently took a trip to Montana, and noticed something I haven't seen in many years: hitchhikers.  How could they, I thought, risk getting into a car with a complete stranger?
AdExchanger:
Fraud-day With Telemetry: “Automating Ad Fraud Detection Is Dangerous”  —  Ad-serving and verification company Telemetry isn't in favor of automating the ad fraud detection process.
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 More News: 
Jeff John Roberts / paidContent:
Patent troll strikes NYT, media industry over mobile web sites
Discussion: WebProNews and Business Insider
Gail Shister / TVNewser:
Losing in the Ratings, Soledad O'Brien Longs ‘To Be On a Team that Strategizes How to Win’
 Earlier Picks: 
Robert Weintraub / CJR:
Giving the Jovan Belcher story its due
Peter Kafka / AllThingsD:
Web Video, on Your TV, That Looks Like TV
Discussion: NetNewsCheck Latest
Farhad Manjoo / Slate:
Stop Calling Me a Troll
Jeff Sonderman / Poynter:
NYT DC bureau chief: ‘The Web has created a more responsible press, with higher standards’
 

 
From Techmeme:

Douglas MacMillan / Wall Street Journal:
Yahoo's Core Business Value Cut in Half to $6.8 Billion After Alibaba IPO

Jonathan Zdziarski / Jonathan Zdziarski's Domain:
With iOS 8, forensics tools can still obtain your camera reel, third-party app data, iTunes media, and more

Larry Kim / WordStream:
Creating a Google+ profile is no longer mandatory when signing up for Gmail

 
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