Top News:
Tim Carmody / The Verge:
Goodreads is no Instagram: Amazon paid about $150 million — Estimates of the company's billion-dollar purchase price were sadly misguided — Terms of Amazon's acquisition of Goodreads haven't been disclosed, but that won't stop people from speculating. Bloomberg Businessweek put forward …
Discussion:
AllThingsD, Forbes and WebProNews
RELATED:
Jeff John Roberts / paidContent:
Authors Guild warns of monopoly in Amazon's purchase of Goodreads — The literary world gasped on Thursday when Amazon announced it had acquired Goodreads, a popular social networks that lets book lovers connect and share reviews with one another. The deal gives Amazon control …
Discussion:
paidContent, The Authors Guild, GalleyCat, Forbes, WebProNews and Bloomberg
Kyle Stock / Businessweek:
Rampant Speculation: How Much Did Amazon Pay for Goodreads? — Valuing a social network is part art, part science, and part nonsense, but the spectrum has narrowed a bit in the past couple of years as sites like Pinterest and Twitter closed financing rounds and companies like LinkedIn hit public markets.
Discussion:
Betabeat, Business Insider, ZDNet, LA Observed, @chrisdmasters, @dkiesow, PandoDaily, @gcompadre, @michaelwolf, @alexckaufman, @percival and goodreads.com
RELATED:
Ryan Chittum / Columbia Journalism Review:
BusinessWeek's billion-dollar boo-boo — A poor piece spreads bogus news about Amazon's Goodreads acquisition — Bloomberg BusinessWeek makes itself look silly today, running a speculative piece on how much Amazon paid for its latest acquisition, Goodreads. — Here's the headline:
Discussion:
Businessweek
Associated Press:
AP opens full news bureau in Myanmar — You are here — Home » Thein Sein » AP opens full news bureau in Myanmar — FILE - In this Tuesday, March 26, 2013 file photo, Buddhist devotees visit Yangon's famous Shwedagon pagoda on Full Moon Day of Tabaung, the last month in the Myanmar calendar, in Yangon, Myanmar.
Emma Bazilian / Adweek:
New York Magazine Launches Enhanced iPad App — New York magazine is finally scrapping its digital replica app and launching a new interactive version of its weekly print magazine that was created with digital design agency The Wonderfactory and uses the Mag+ platform.
Discussion:
Mobile Marketer Media
Eliza Kern / paidContent:
Generation Mooch? Why 20-somethings have a hard time paying for content — I distinctly remember learning how to read, and it wasn't from a book or in a kindergarten classroom. — It was sitting at the breakfast table with my Dad every morning, when we would read the weather section of the Washington Post.
Discussion:
New York Times and TeleRead
Caroline O'Donovan / Nieman Journalism Lab:
Tuesday Q&A: Amanda Zamora on participation metrics, deeper engagement, and why ProPublica is heading to Reddit — When Amanda Zamora left The Washington Post for ProPublica last year, she said wanted to get back to her true love — social media. She also saw it as an opportunity to step …
Karen Rothmyer / Columbia Journalism Review:
Kenya: a public editor learns her value — Shortly after I became the Kenya Star's public editor in early 2011, the paper published a story under the headline “Police move to stop sex party at Muliro Garden,” about the sorry state of a park in one of Kenya's outlying towns.
Lucas Shaw / The Wrap:
The Hollywood Reporter Apologizes to Deadline Parent Company, Settles Lawsuit — The Hollywood Reporter admitted to stealing code from Penske Media Corporation, parent company of rival publications Deadline Hollywood and Variety, as part of a recent settlement the two companies reached to end their year-and-a-half-old legal dispute.
Discussion:
Wall Street Journal, FishbowlLA and Variety
Jake New / Wired Campus:
Journal's Editorial Board Resigns in Protest of Publisher's Policy Toward Authors — [Updated (3/27/2013, 12:46 p.m.) with reaction from Taylor & Francis Group.] — The editor and the entire editorial board of the Journal of Library Administration have resigned in response to a conflict …
Discussion:
Feral Librarian, bookforum.com, Above the Law and Boing Boing
Greg Sandoval / The Verge:
Biting the hand that feeds you: why are record labels fighting Pandora? — Labels want streaming and web radio to grow the pie, but want their share too — A few years ago, leaders from the major record companies planted the seeds from which they hoped would spring the next generation of music distributors.
Discussion:
Forbes, Pocket-lint, Electronista, The Drum, 9to5Mac, BGR, Softpedia News, App Advice, MacRumors and A VC