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2:10 PM ET, May 26, 2013

Mediagazer

 Top News: 
New York Times:
Sweeping Leak Inquiries Reveal How Wide a Net U.S. Has Cast  —  WASHINGTON — Even before the F.B.I. conducted 550 interviews of officials and seized the phone records of Associated Press reporters in a leak investigation connected to a 2012 article about a Yemen bomb plot …
RELATED:
Christine Haughney / New York Times:
Press Sees Chilling Effect in Justice Dept. Inquiries  —  President Obama's conciliatory gesture toward the press this week — a review of Justice Department investigations involving journalists — struck some national security reporters as closing the door after the sources have already bolted.
Discussion: @coreyhutchins and Boing Boing
Matthew Keys / The Desk:
Syrian Electronic Army compromises Sky News Android app  —  EXCLUSIVE: A screen capture provided to The Desk by a hacker with the Syrian Electronic Army purports to show the developer dashboard for several BSkyB Android applications.  —  The Syrian Electronic Army claimed responsibility …
RELATED:
T.C. Sottek / The Verge:
Sky's Android apps allegedly hacked by Syrian Electronic Army, removed from Google Play  —  Adding to a spate of recent infiltrations of major media outlets, the Syrian Electronic Army appears to have compromised the Android applications for the British Sky Broadcasting Group.
Discussion: The Verge, Gizmodo and The Desk
Reuters:
ITV News Twitter account hacked by Syrian Electronic Army
Discussion: Mashable and AllThingsD
Fernando Alfonso III / Daily Dot:
The real origins of Tumblr  —  Months before Yahoo's $1.1 billion acquisition turned him into an overnight media sensation, David Karp recounted the creation of Tumblr at the Austin Convention Center during the South by Southwest Interactive conference in March.  “I wanted that presence myself.
Discussion: Business Insider and The Verge
RELATED:
Adam Rifkin / AllThingsD:
Why Tumblr Was a Massive Steal for Yahoo  —  The blockbuster acquisition of Tumblr by Yahoo for $1.1 billion — all cash — has been portrayed as a gigantic gamble on the part of the acquirer.  However, for those of us who believe there can be specific guidelines around the valuation of interest graphs …
Discussion: Wall Street Journal
Ken Doctor / Nieman Journalism Lab:
The newsonomics of value exchange and Google Surveys  —  What happens when a reader hits the paywall?  —  Only a small percentage slap their foreheads, say “Why didn't I subscribe earlier?” and pay up.  Most go away; some will come back next month when the meter resets.
Discussion: Street Fight
Kevin Davis / NetNewsCheck Latest:
INN Starts Backing Nonprofit News Startups  —  After a 19-month wait to secure its own 501(c)3 status, the Investigative News Network has started to sponsor nonprofit news projects.  “Fiscal sponsorship allows these early-stage nonprofits to accept donations from philanthropists and foundations …
Peter Kafka / AllThingsD:
Yet Another Hulu Bidder!  Yahoo Is In, Too.  —  Add one more name to the Hulu bidding derby: Yahoo, which just announced plans to buy Tumblr for $1.1 billion, has made an offer on the video website as well.  —  The Web giant submitted a bid for the video site this morning, according to a person familiar with process.
RELATED:
Bloomberg:
KKR, Silver Lake Said to Join Bidding for Hulu Online Video Site
Discussion: Variety, The Next Web and Mashable
Alan Murray / Pew Research Center:
Introducing Fact Tank  —  Welcome to Fact Tank, a new, real-time platform from the Pew Research Center, dedicated to finding news in the numbers.  —  Fact Tank will build on the Pew Research Center's unique brand of data journalism.  For years, our teams of writers and social scientists …
Kim Zetter / Wired:
WikiLeaks Donations Down to a Trickle  —  As WikiLeaks founder Julian Assange approaches the one-year anniversary of his confinement in the Ecuadorian Embassy in London, a report released Wednesday reveals that donations to the secret-spilling site have dwindled to a trickle.
Josh Halliday / Guardian:
Government should reopen talks on press regulation, says Alan Rusbridger  —  Guardian editor-in-chief also raises concerns over use of royal charter, saying it is ‘a mechanism controlled by ministers’  —  The Guardian editor-in-chief, Alan Rusbridger, has urged the culture secretary …
Discussion: Big News Network.com
 
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 More News: 
Meg James / Los Angeles Times:
News Corp. to take up to $1.4-billion write-down in publishing
Tom McCarthy / Guardian:
Gawker's bid to give $200,000 to Canadian drug dealers hits slight snag
 Earlier Picks: 
Ira Teinowitz / The Wrap:
D.C. Broadcasters Sue Aerokiller for Copyright Infringement
Discussion: Hollywood Reporter and paidContent
Matt Schudel / Washington Post:
Haynes Johnson, longtime Washington Post journalist, dies at 81
Andrew Beaujon / Poynter:
Emilio Garcia-Ruiz named managing editor of The Washington Post
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Reuters:
Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours
 
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