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7:45 PM ET, December 28, 2012

Mediagazer

 Top News: 
Zachary M. Seward / Quartz:
How a bogus claim about Instagram losing users made Facebook's stock drop nearly 3%  —  Facebook's stock dropped 2.9% in its first minutes of trading this morning.  Investors were likely responding to a report in the New York Post that Instagram, the photo-sharing that Facebook acquired this year …
Katharine Q. Seelye / New York Times:
Cape Cod Newspaper Apologizes for Reporter's Misdeeds  —  HYANNIS, Mass. — When an editor at The Cape Cod Times was reading the newspaper last month, she thought an article about the Veterans Day parade from the day before seemed slightly off.  —  The article, written by Karen Jeffrey …
Discussion: @penenberg and @bobbymacreports
Al Tompkins / Poynter:
Where The Journal News went wrong in publishing names, addresses of gun owners  —  In the days since The Journal News published and mapped the names and addresses of local citizens who hold gun permits, outraged critics have published the names and addresses of journalists at the paper.
RELATED:
Robert Andrews / paidContent:
Pearson buys $89.5m Nook stake to secure book distribution  —  Talk about vertical integration.  Pearson is taking a five percent stake in newly-reconfigured ebook device and retail brand Nook Media in order to gain favourable distribution for its education books.
Jim Romenesko:
Patch editors say staff and budgets are being cut in 2013  —  I asked Patch staffers Thursday to comment on a report that editors are being given more communities to cover and freelance budgets are being cut in 2013.  Here are two responses that came in:  —  From a Patch editor:
Discussion: BostInno
RELATED:
Liana B. Baker / Reuters:
News Corp buys regional sports channel in Ohio  —  (Reuters) - News Corp said on Friday it bought SportsTime Ohio, a Cleveland-based regional sports network that broadcasts Cleveland Indians baseball games.  —  The company did not disclose financial details.
Discussion: Broadcasting & Cable and Bloomberg
Elliot Spagat / Associated Press:
Orange County Register Owner Eyes Tribune Papers  —  SANTA ANA, Calif. — The publisher of the Orange County Register said Thursday that at an investor group he leads may want to buy Tribune Co.'s newspapers after the media conglomerate emerges from bankruptcy.
Discussion: JIMROMENESKO.COM
Hamish McKenzie / PandoDaily:
Talking about paywalls without talking about tablets is just wrong  —  Mike Masnick published a piece on Tech Dirt yesterday about how the better-than-expected success of the New York Times “paywall” doesn't mean it's actually “working.”  —  In March, when the Times re-introduced its subscription element …
The Huffington Post:
Myanmar To Allow Daily Private Newspapers  —  YANGON, Myanmar — Myanmar said Friday it will allow private daily newspapers starting in April for the first time since 1964, in the latest step toward allowing freedom of expression in the long-repressed nation.
Discussion: mediabistro.com
Brian Stelter / Media Decoder:
In Boost to U.S. Plans, BBC World News Is Added to Time Warner Cable  —  Updated In a sign of progress for its push to get on cable and satellite systems across the United States, the BBC World News channel is now available in about 10 million homes that subscribe to Time Warner Cable.
Cyrus Farivar / Ars Technica:
The music industry dropped DRM years ago.  So why does it persist on e-books?  —  Experts say it may have to do with the size of the two markets, for one thing.  —  The American e-book market is about 100 times smaller than the digital music market.  —  shiftstigma
RELATED:
Jim Romenesko:
More than 3.5 million page views for New York Times' ‘Snow Fall’ feature  —  New York Times executive editor Jill Abramson tells her staff that the paper's “Snow Fall” interactive feature received around 2.9 million visits for more than 3.5 million page views.
 
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Carl Marcucci / Radio & Television Business Report:
Dial Soap sues News Corp. over computer hacking
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing
 
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