Mediagazer: TouchCast Thinks It Can Create Smarter Web Videos Than YouTube (Todd Spangler/Variety)

1:05 PM ET, June 29, 2013

Top News:

Margaret Sullivan / The Public Editor's Journal:

Who's a Journalist? A Question With Many Facets and One Sure Answer — Behind almost every correction in The Times, there is a story. In the case of the correction about Alexa O'Brien, the story is a particularly interesting one. — The correction, which was in Wednesday's paper, read:

Discussion: Guardian, @digiphile, New York Magazine, @jeffjarvis, The Huffington Post and Softpedia News

Walter Hamilton / Los Angeles Times:

Profit at L.A. Times owner Tribune Co. plummets 41% — Tribune Co., owner of the Los Angeles Times, KTLA-TV and other media properties, reported declines in first-quarter income and revenue. Above, the front entrance of Tribune Tower in Chicago. (M. Spencer Green / AP / March 30, 2007)

Discussion: The Breakdown and LA Observed

Sara Morrison / The Wrap:

LA Times Hit by Another Round of ‘Modest’ Layoffs — At least 11 are believed to have been let go in the latest cutbacks — The Los Angeles Times has cut more employees in what the paper termed a “modest round of staff reductions” on Friday. — The layoffs coincided with the end …

Discussion: JIMROMENESKO.COM, Variety and LA Observed

Rem Rieder / USA Today:

One newspaper cuts to survive; another invests to thrive … Talk about a study in contrasts. — One was a vision of an industry in rapid decline, one that needed to scale back dramatically on its beleaguered core product and reinvent itself to prevent a “descent into irrelevancy.”

RT:

Turkish government combing Twitter in search of protest organizers to arrest — Turkish government officials are investigating Twitter and similar social media platforms in an attempt to identify and eventually prosecute the organizers of mass demonstrations, Erodgan administration officials said this week.

Eliza Kern / GigaOM:

First Round Capital wants to be Harvard Business Review for startup founders — First Round Capital is announcing Friday that it's going to be taking the insights learned from its portfolio companies and launching a series of blog posts that give tactical advice to startup founders …

Discussion: The Next Web, First Round Capital, PE Hub Blog, VentureBeat, Forbes and TechCrunch

Peter Kafka / AllThingsD:

New Intel CEO Says Intel TV Sounds Great in Theory. But ... Since February, Intel executives have been promising to launch a Web TV subscription service sometime this year. And they're still making those promises. — But Intel also has a new CEO. And while Brian Krzanich is still supporting …

Discussion: NYT Bits and Reuters

Ingrid Lunden / TechCrunch:

Yahoo To Sunset AltaVista, Axis, RSS Alerts, and Nine Other Products, Some As Soon As Today — Yahoo under Marissa Mayer is taking a page from her old employer, Google, and sunsetting 12 products, with some starting as soon as today. Included are AltaVista and other search products …

Discussion: Yahoo!, Search Engine Land, Softpedia News, CNET, @mat, @evelynrusli, Engadget, AllThingsD and The Verge

Andrew Beaujon / Poynter:

In Louisiana, journalists face jail time for publishing gun info — Last Wednesday Louisiana Gov. Bobby Jindal signed into law a bill that imposes a $10,000 fine and up to six months in jail for anyone who publishes “any information contained in an application for a concealed handgun permit …

Discussion: @jbenton

Todd Spangler / Variety:

TouchCast Thinks It Can Create Smarter Web Videos Than YouTube — Startup pitches iPad app for creating interactive video broadcasts, which require its own media player — TouchCast is touting an app for creating Internet videos with fully interactive, live web elements far superior …

DealBook:

S.E.C. Begins an Inquiry of Thomson Reuters Data — Federal securities regulators have opened an inquiry into the media company Thomson Reuters and how it releases closely watched manufacturing data to its trading clients, a move that highlights the government's continued effort to understand …

Matt Sledge / The Huffington Post:

Military Judge Deals Blow To Manning Defense — FORT MEADE, Md. — A military judge dealt Bradley Manning's defense a blow on Friday, ruling that government prosecutors can enter two tweets from WikiLeaks into the trial record as circumstantial evidence against him.

Discussion: Associated Press, Mashable and RT