Mediagazer: AOL's Earnings Are Light, but Revenue and Ad Sales Are on Track (Peter Kafka/AllThingsD)

2:05 PM ET, May 8, 2013

Top News:

Peter Kafka / AllThingsD:

AOL's Earnings Are Light, but Revenue and Ad Sales Are on Track — This looks like a pretty good performance from AOL: Tim Armstrong's Internet company came in a couple pennies light on earnings in its Q1, but hit its revenue marks. — As important: Its underlying numbers look pretty good.

Discussion: Forbes, paidContent, mediabistro.com, Street Fight, New York Times, FishbowlNY, @jeffjohnroberts, Reuters, MarketWatch, TechCrunch and Beet.TV

Joe Pompeo / Capital New York:

Breaking: Pink slips for ‘Daily News’ staffers, Joanna Molloy and Albor Ruiz among them — The Daily News is now undergoing what employees of the tabloid have been fearing for weeks: Multiple insiders tell Capital that layoffs have hit the newsroom today. — Several sources put the total number of pink slips at around 15.

Peter Kafka / AllThingsD:

NowThisNews Raises a New Round to Help Bring Pregnant Panda Videos to Your Phone — NowThisNews, the startup that's trying to create a video news service for the iPhone generation, has raised another $4.8 million. — In addition to earlier investors, who include Lerer Ventures …

Discussion: VentureBeat

Charlie Savage / New York Times:

Obama May Back F.B.I. Plan to Wiretap Web Users — WASHINGTON — The Obama administration, resolving years of internal debate, is on the verge of backing a Federal Bureau of Investigation plan for a sweeping overhaul of surveillance laws that would make it easier to wiretap people …

Discussion: CNET, The Raw Story, @stevesilberman and @carr2n

Shara Tibken / CNET:

Google, authors wrangle in court again over digital books — The authors are asking for $3 billion in damages related to Google's digital books project, while Google is asking for class action status to be revoked. — Google and the Authors Guild are wrangling in court again …

Discussion: PublishersWeekly.com and @bloombergnews

Andrew Beaujon / Poynter:

Advocate owner says he ‘tried to buy’ Times-Picayune — In a May 2 interview, WWL-TV anchor Melanie Hebert passed on a viewer question to John Georges, the new owner of the Baton Rouge, La.-based Advocate: Would he be interested in buying the Times-Picayune of New Orleans, with which his paper is engaged in a growing newspaper war?

Discussion: Baton Rouge news …, JIMROMENESKO.COM and New Orleans Times-Picayune

Josh Sternberg / Digiday:

Confessions of a Newspaper Ad Exec — The woes of the newspaper world in digital media are well known: a decimated subscription base, lower ad revenue and declining relevance. — Newspapers are continuing the long process of change, but the road is bumpy.

Discussion: Kirk LaPointe's …, Thanks:@haniyarae

Jeff John Roberts / paidContent:

Get your cat on: BuzzFeed creates new section where readers can publish — Users will now get their own vertical on BuzzFeed, where they can submit according to their “Cat Power.” — Viral site BuzzFeed launched a new content vertical on Wednesday called “Community” that consists entirely of user-submitted content.

Discussion: BuzzFeed

Georg Szalai / Hollywood Reporter:

Former News Corp. Top Executive Tom Mockridge to Become CEO of Virgin Media — He will run the company once John Malone's Liberty Global closes its acquisition of the U.K. cable operator. — John Malone's Liberty Global said Wednesday that it has picked former News Corp. top executive Tom Mockridge …

Discussion: Reuters, Variety, Bloomberg, The Register, Bloomberg, RTTNews, Deadline.com, Guardian, Telegraph and Pocket-lint

Andrew Beaujon / Poynter:

Government acts on health care costs, in part because of Time story — The U.S. Department of Health and Human Services will release a data file showing prices for inpatient services at U.S. hospitals, Steven Brill reports. Brian Cook at the department's Centers for Medicare …

Discussion: TIME, The Huffington Post and The Week

Josh Feldman / Mediaite:

Maddow Rips Apart Politifact: ‘You Are Ruining’ Fact-Checking, ‘Truly Terrible’ — One of Rachel Maddow's favorite punching bags is the fact-checking site Politifact, for being self-appointed arbiters of truth who make rulings that appear to go against the very facts they lay out.

Discussion: The Huffington Post, Politifact.com Truth …, The Raw Story, @dylanbyers and Wonkette

Meg James / Los Angeles Times:

Nielsen to include Internet viewers in its definition of TV homes — Nielsen is expanding its definition of what constitutes a TV home. In this 2011 file photo, three Dish Network satellite dishes are shown at an apartment complex in Palo Alto. (Paul Sakuma / Associated Press / May 7, 2013)

Discussion: TVWeek.com