Mediagazer: Circa updates its iOS app with a faster interface and greater focus on following news stories (Nick Summers/The Next Web)

10:15 PM ET, April 5, 2013

Top News:

Meet Twitter's Newest Clique: Bloomberg's Terminal Tweeters — Until this week, many Wall Street bankers and traders had no access to Twitter. Despite the fact that Twitter is now where lots of breaking news (including today's jobs day numbers) happens first, most big banks shut off access …

Discussion: DealBook and The Atlantic Wire

Zachary M. Seward / Quartz:

BLS tweet beats everyone on today's jobs figure — Every month, when the US jobs report is announced, journalists race to tweet the number as fast as they can. Many investors, meanwhile, pay lots of money for fast access to the data so they can trade on the reaction.

Discussion: Daily Download and @bobbymacreports

Joe Weisenthal / Business Insider:

Jeff Bezos Invests in Business Insider — Jeff Bezos has invested in Business Insider, according to an internal memo we have just obtained. Here's the memo from Business Insider CEO and Editor-in-Chief Henry Blodget: Team, I wanted to share the details of the financing we mentioned last night.

Discussion: VentureBeat, GigaOM, AllThingsD, Poynter, Quartz, Forbes, Media & Entertainment, @mathewi, @djbentley, Gawker, @tcarmody, Guardian, CNET, @rafat, ZDNet, VatorNews, @ivanthek, @choire, The Next Web, 24/7 Wall St., Talking Biz News, Betabeat and GeekWire, Thanks:@max8378

Edmund Lee / Bloomberg:
Amazon's Jeff Bezos Invests in Blodget's Business Insider Site

Discussion: Business Insider, Felix Salmon, AdExchanger, Mashable, Businessweek, @nicknotned, www.wnyc.org, The Wrap and TechCrunch

Alex Weprin / TVNewser:

CNN Looking To Revive ‘Crossfire’ — CNN is looking to bring back “Crossfire,” TVNewser hears. The long-running political debate show was canceled in 2005. — It isn't entirely clear what time the program would air, though we hear it would likely be a 30-minute format.

Discussion: The Huffington Post

Reuters:

Exclusive: Former News Corp President Chernin bids $500 million for Hulu — (Reuters) - Former News Corp president Peter Chernin bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.

Discussion: Deadline.com, AllThingsD, VentureBeat, Home Media Magazine, AllThingsD, Broadcasting & Cable, SlashGear, CNET, Variety, The Verge and Engadget

Erik Maza / WWD:

Cuts at the New York Observer — OBSERVER CUTS: The New York Observer laid off 11 people from the business side of its overall media group on Friday, it said, as part of a reorganization of its sales team. — They are the most significant cuts at the weekly since June 2009 …

Andrew Beaujon / Poynter:

Report: U-T offered ad discounts to causes owner favored — KPBS — U-T San Diego offered discounts to some political candidates in 2012, potentially violating federal, state and local laws, Ryann Grochowski and Amita Sharma report. — U-T CEO John Lynch told the reporters the ads were sold …

Discussion: KPBS San Diego

Hollywood Reporter:

THR Launches Entertainment-Tech Blog ‘Behind the Screen’ — Contributing editor Carolyn Giardina will edit the blog, which covers everything from the key players to the disruptive technologies behind films, TV and mobile content. — The Hollywood Reporter has launched Behind the Screen …

Discussion: FishbowlLA

Paul Sloan / CNET:

For labels, Apple's iRadio deal could be sweeter than Pandora — Apple is close to a deal with two major music labels to bring to life its streaming music service, which could pay labels better than Pandora does. — Apple is close to striking a streaming deal with two of the major music labels …

Discussion: Nokia Conversations, TechSpot, VentureBeat, Forbes, FierceMobileContent News, Deadline.com, App Advice, BGR, Ubergizmo, Mashable, Softpedia News, The Next Web, AppleInsider and MacRumors

Nick Summers / The Next Web:

Circa updates its iOS app with a faster interface and greater focus on following news stories — News consumption service Circa has been updated its iOS app to version 1.3 today, making it easier to follow multiple stories from across the Web and access them from the main homescreen.

Josh Sternberg / Digiday:

Is Amazon the Sleeping Giant of Media? — Slowly but surely, Amazon is inching towards becoming a full-out media company. — Amazon began selling ads six years ago. But through its Amazon Media Group, it now offers brands and agencies display ads across its owned and operated sites …

Josh Halliday / Guardian:

Sun journalists ‘badly affected by Leveson’, says readers' editor — Philippa Kennedy, who handles complaints from readers, says she has detected a ‘sea change’ in attitudes at the newspaper — The Sun's readers' editor, Philippa Kennedy, has said that she detects a “sea change” …