Mediagazer: Forbes Embroiled In Billion-Dollar Ukrainian Corruption Scandal (Max Seddon/BuzzFeed)

1:45 AM ET, March 7, 2014

Top News:

Dorian S. Nakamoto denies he's Bitcoin founder, heard of Bitcoin 3 weeks ago — AP EXCLUSIVE: MAN DENIES HE'S BITCOIN FOUNDER — You are here — Home » Business » AP Exclusive: Man denies he's Bitcoin founder — LOS ANGELES (AP) — The man Newsweek claims is the founder …

Discussion: Los Angeles Times, Forbes, Business Insider, @klustout, The Switch, CNET, SlashGear, @mathewi, Wired, @jbenton, @willoremus, The Verge, @m_delamerced, @blocktechceo, @declanm, CBS Los Angeles, Ars Technica and Gigaom

J.K. Trotter / Gawker:

Newsweek Editor-in-Chief: We Stand by Our Bitcoin Story — Newsweek isn't backing down. Hours after publishing Leah McGrath Goodman's 4,5oo-word profile of a 65-year-old Temple City engineer named Dorian S. Nakamoto—who, Goodman claims, is the long-mysterious inventor of Bitcoin …

Discussion: TechCrunch, PandoDaily and Gigaom

Bloomberg:
Pursued by media, Nakamoto says “I'm not involved” with Bitcoin, then meets with AP reporter

Discussion: @jakeadelstein

Lucia Moses / Adweek:
Newsweek relaunches in print Friday, tracks down Bitcoin inventor Satoshi Nakamoto for cover story

Choire Sicha / The Awl:
Reddit Reeling From Brutal Dox Of Alleged Bitcoin Founder Satoshi Nakamoto

Discussion: Re/code, TechCrunch, Gigaom, Business Insider, New York Magazine, Capital New York, Poynter, Wired, @anildash, @fmanjoo, Daily Mail, @kmmokai, @rustyk5, @adrianchen, @rustyk5, @djbentley, Forbes, @obsoletedogma, @mims and Gawker

Paul Quigley / The Whip:

Here's what happens when the readers choose the front page story — What if front pages were selected by newspapers' readers instead of their editors? At NewsWhip, we're always interested in the news stories people are choosing to share - and how those stories differ from the normal news stories editors put …

Discussion: The Huffington Post

Ravi Somaiya / New York Times:

Janine Gibson is named editor of Guardian.com in management shuffle — Guardian to Make Management Changes — The Guardian will make broad changes among its most senior editors this year, the newspaper said Thursday, announcing that Janine Gibson, the editor in chief of its operations in the United States will return to London.

Discussion: Poynter, @mathewi, @choire, @journalismnews, @stuartmillar159, @sullduggery, @mediaguardian, @arusbridger, @vivian, @janinegibson, @alanyuhas, @ggreenwald, @janinegibson and @moorehn

Callie Schweitzer / TIME:

Why Twitter Will Never Be a News Organization — Twitter's head of news Vivian Schiller spoke with TIME about Twitter, Facebook, news discovery and more in an exclusive first interview since she left NBC News and took on the role in January. A few key insights?

Discussion: @mikeisaac, @mallarytenore, @niemanlab, @moorehn and @cschweitz

Lucas Shaw / The Wrap:

Machinima to Lay Off 42 Employees in Sales Reorganization — Machinima will lay off 42 employees from its sales division, the company said Thursday. — The changes come as Machinima, one of the first massive networks of YouTube channels, is in a state of flux.

Discussion: Variety, PandoDaily and AdAge

Max Seddon / BuzzFeed:

Forbes Embroiled In Billion-Dollar Ukrainian Corruption Scandal — Police say Sergey Kurchenko, a fugitive oligarch linked to ousted president Viktor Yanukovych and the owner of Ukrainian Forbes, stole over $1 billion. Forbes scion Miguel Forbes approved the deal and served as an adviser to Kurchenko.

Discussion: @maxseddon, @miriamelder and New York Times

Jim Puzzanghera / Los Angeles Times:

FCC to consider tougher rules for local TV stations — Federal Communications Commission Chairman Tom Wheeler speaks during a House subcommittee hearing in Washington. (Andrew Harrer / Bloomberg / December 12, 2013) — WASHINGTON — The Federal Communications Commission is set …

Discussion: Variety, Bloomberg, NAB, @jbflint and Wall Street Journal

Bill Mickey / Folio:

Penton Fills Out Its Digital Management Team — Three new executives join recently-hired chief data officer. — Penton Media announced this week it has rounded out its digital leadership team with three recent hires. Joining chief data officer Richard Stanton, who was hired last November …

Steven Waldman / Columbia Journalism Review:

Sometimes, contra Jeff Jarvis, philanthropy is the answer to journalism's problems — Sometimes, contra Jeff Jarvis, philanthropy is the answer to journalism's problems — Digital professor and provocateur Jeff Jarvis recently tweeted, “Every time a rich person gives to a nonprofit, a journalism startup loses its wings.”

Discussion: @stevenwaldman

Tom Grubisich / Street Fight:

New Patch Owner Hale Running Company in ‘Lean, Entrepreneurial Mode’ — After a tumultuous and mostly unprofitable three-and-a-half years under media giant Aol, hyperlocal publishing network Patch was acquired in January by Hale Global, a holding company that specializes in turnarounds, mostly with technology firms.

Discussion: AdExchanger and AJR.org

Kim Willsher / Guardian:

Libération shareholder warns of job losses at French newspaper — Bruno Ledoux says plans for cultural centre and social networking, which sparked journalists' strike, will go ahead — A “major restructuring” at French left-leaning daily newspaper Libération with the loss …

Jason Abbruzzese / Mashable:

Russia's English-Language TV Channel: We're Biased and So Are You — RT, the Russian government-funded English-language television channel, presents its country's view of the world — So, it claims, does every other broadcaster. RT is just honest enough to admit it. — “Media outlets do not exist in a vacuum.

Discussion: @nycjim

James Kirchick / The Daily Beast:
Exclusive: RT Anchor Liz Wahl Explains Why She Quit

RT:
RT reacts to anchor Liz Wahl quitting on air

Discussion: TVNewser, CNN, New Jersey Online, Erik Wemple, Refinery29, Firedoglake, The Week, Mediaite, The Huffington Post, @paulszoldra, @zaidbenjamin, Business Insider and @sambonfante

Bloomberg:

Spotify Said to Seek Credit Facility in Step Toward IPO — Spotify Ltd., the Stockholm-based music-streaming company backed by billionaire Li Ka-Shing, is speaking with banks about raising a credit facility, a move that could presage an initial public offering in the U.S., people with knowledge of the matter said.

Discussion: TechCrunch and Fast Company

Daniel Holloway / Broadcasting & Cable:

Bravo Media Promotes Development, Production Executives — Lara Spotts named senior VP of development — Bravo Media announced promotions and expanded responsibilities for several development and production executives Thursday. — Lara Spotts has been named senior VP of development.

Discussion: Variety

Caroline O'Donovan / Nieman Journalism Lab:

Interviewing the algorithm: How reporting and reverse engineering could build a beat to understand the code that influences us — Often, when there's talk about algorithms and journalism, the focus is on how to use algorithms to help publishers share content better and make more money.

Discussion: @marginalutility

Karl Taro Greenfeld / Businessweek:

The Next Ailes: Newsmax's Chris Ruddy Preps TV Rival to Fox News — Christopher Ruddy, 49, the chief executive officer and founder of conservative media company Newsmax Media, is giving a tour of his neighborhood in an Acura driven by his chauffeur, Hector. The car heads south on I-95 from West Palm Beach to Boca Raton.

Discussion: TVNewser, The Wrap, Radio & Television …, Mediaite, @bw, Inside Cable News, Talking Points Memo, @brianstelter, @mlcalderone, @jackshafer and @davidfolkenflik

Matt Petronzio / Mashable:

U.S. Adults Spend 11 Hours Per Day With Digital Media — Here's a stat we've heard over and over: 58% of American adults own smartphones. Pair that with the fact that digital culture permeates almost every aspect of our lives, and we can already assume the average person spends a lot of time with gadgets.

Discussion: Nielsen, MediaPost, AllAccess.com, PandoDaily, MediaPost and Broadcasting & Cable