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The evolution of Bloomberg News — Yesterday was a big day for layoffs over at Bloomberg, and Kara Bloomgarden-Smoke has the official memo from editor-in-chief Matt Winkler. In typical Bloomberg style, the defenestrations seem to be taking place in much the same way as they would on Wall Street …
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What Will It Cost to Cover China? — The Chinese Communist Party generated hopeful headlines this month by acknowledging that it faces a time of reckoning: to prevent economic peril and rising unrest, the Party promised to overhaul the economy, to allow more parents to have two children instead of only one …
Discussion:
@timkarr, New Yorker, @sarabethberman, @colvinius, @suilee, @madhulikasikka, @newyorker, New York Times and Columbia Journalism Review

Michael Forsythe out at Bloomberg News — Michael Forsythe, the Bloomberg News reporter suspected of leaking allegations that his outlet spiked investigative reports on China, has left the company, he confirmed on Tuesday. — “I can confirm that I have left Bloomberg News.
Discussion:
Business Insider, Jack Shafer, Poynter, The Huffington Post and The New York Observer

Bloomberg Lays Off Staff in Sports and Culture — Bloomberg News started laying off and reassigning employees on Monday, seeking to emphasize areas that promote growth and focus more on core subjects like finance and government. — Also on Monday, Bloomberg said that a reporter based …
Discussion:
10,000 Words, @pekingmike, @coopnytimes, @comradewong, @henrycstewart, Talking Biz News and JIMROMENESKO.COM

Winkler's note to Bloomberg staff: We will grow in 2014
Discussion:
FishbowlDC


‘Atlantic Wire’ relaunches this morning as ‘The Wire’ — Website relaunches are notorious for creating headaches in the days and hours before they go live, between staff training, functionality testing and inevitable last minute design fixes. — But the relaunch of The Atlantic Wire …
Discussion:
Nieman Journalism Lab, Poynter, FishbowlNY, The Wire, Folio, The Daily Caller, @bobbymacreports, @angryblacklady, Adweek, @attackerman and @thewire


Twitter backtracks and removes option to let users receive direct messages from any follower — Last month, Twitter quietly rolled out a new feature to give users the choice to receive private messages from any of their followers, but that option has now been removed.
Discussion:
Gigaom, Softpedia News, Yahoo! News, Fast Company, CNET, @antderosa, @bryandfischer, @chrchristensen, @jimpoco, The Drum, @chrisboutet, @mattbuchanan, @djbentley, The Verge, Mashable, ReadWrite, Engadget and Electronista


Deadline owner Jay Penske takes Nikki Finke to arbitration — The battle between entertainment journalist Nikki Finke and Jay Penske, the owner of Deadline Hollywood, the website she founded and has since left, has been turned up a notch. Late Monday, Penske Media Corp. (PMC) …
Discussion:
Gawker, @carr2n, @jbflint and Los Angeles Times


Music Streaming Startup Rdio Lays Off Staff To 'Improve Cost Structure And Ensure A Scalable Business" — The music streaming business can be tough, with market leaders like Spotify growing like weeds but still loss-making. Today, some bad news from competitor Rdio, the music streaming service startup …
Discussion:
@panzer


New report on foundation funding of media shows focus on education and tools — Report on foundation funding for media ignites crucial discussion — As senior adviser to the chairman of the Federal Communications Commission, Steven Waldman was the lead author of “Information Needs of Communities …
Discussion:
@kljdavis and @knightfdn


Apple TV Adds Yahoo, PBS — Apple has signed on more video providers for its Apple TV box: Yahoo is now offering its Yahoo Screen service on the Web video gadget, and PBS has created an app that lets users watch some, but not all, of its shows. — Apple, which has kept a tight grip …
Discussion:
Yahoo Screen, Broadcasting & Cable, Pocket-lint, Variety, MacRumors, The Next Web, The Verge, @pkafka, MacStories and Engadget


How Journalists At The Guardian Built That Epic NSA Story — The Guardian knew it had a massive story on its hands. Its NSA surveillance scoop was one of the biggest national news stories in years. But the team quickly realized that the story would spiral out of control because of its complexity …
Discussion:
@natgeocreative and @emptywheel


Vimeo Just Revealed Its Revenue For The First Time — As one of the media properties tucked away within IAC/Interactive Corp's vast group of online holdings, executives are putting the spotlight on Vimeo, breaking out the number of users and revenue for the first time.

The Subscription Project - An Update — Back in February, I wrote about the various paid digital subscription projects underway at Digital First Media. — Some of our newspapers had what has become known as a traditional paywall. — Others, experimented with finding other forms of …
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As Digital First Media Announces Its Paywalls, 41% of US Dailies Will Soon Have Them
Discussion:
Newspaper Death Watch, @codybrown and Poynter