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12:40 PM ET, March 7, 2014

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 Top News: 
Felix Salmon:
The Satoshi Paradox  —  Newsweek wanted a scoop for its relaunch cover story, and boy did it deliver: it uncovered the identity of Satoshi Nakamoto, the inventor of bitcoin.  Who then promptly came out and denied everything.  Which means that one of the two is wrong: either Nakamoto …
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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 …
Kristen Hare / Poynter:
Tina Brown: 'I'm so glad I'm not the editor' of Newsweek  —  Tina Brown appeared on Bloomberg Television's “Market Makers” Friday, and the former Newsweek editor said she's supportive of the venerable title's return to print.  —  But if its big Bitcoin story turns out to be a dud, “That would be rough.
Newsweek:
Newsweek's Statement on the Bitcoin Story  —  Leah McGrath Goodman's recent cover story for Newsweek, investigating the identity of Bitcoin founder Satoshi Nakamoto, has generated an immense amount of international attention, including denials from Mr. Nakamoto and ad hominem criticism of Ms. Goodman's reporting and character.
Discussion: @biellacoleman and @adamclarkestes
Ryan Nakashima / Associated Press:
Dorian S. Nakamoto denies he's Bitcoin founder, heard of Bitcoin 3 weeks ago  —  AP EXCLUSIVE: MAN DENIES HE'S BITCOIN FOUNDER … LOS ANGELES (AP) — The man Newsweek claims is the founder of Bitcoin denies he had anything to do with the digital currency.
Chris O'Shea / FishbowlNY:
Newsweek Returns with a Thud [Updated]  —  IBT Media's Zombie Newsweek debuted only yesterday, and already there's a problem.  A big one.  Newsweek's cover story claimed that Dorian Satoshi Nakamoto, a 65 year old engineer, created Bitcoin.  The media freaked out, with some proclaiming the piece “brilliant journalism.”
Discussion: USA Today and Guardian
Bloomberg:
Pursued by media, Nakamoto says “I'm not involved” with Bitcoin, then meets with AP reporter
Discussion: @jakeadelstein
Lucia Moses / Adweek:
Eric Danetz Named Publisher of Fortune  —  Fortune is getting a publisher after all: Eric Danetz.  The business title hasn't had someone in that role since 2012.  When Jed Hartman became group publisher of Time Inc.'s news and business brands that year, the publisher title was downgraded to vp of sales.
Discussion: Politico and AdAge
Ingrid Lunden / TechCrunch:
Spotify Acquired Music Tech Company The Echo Nest In A $100M Deal  —  On the heels of the news yesterday that Spotify had acquired music discovery technology company Echo Nest, we now have a price for the deal: it was $100 million, with 90% of that in Spotify equity.
RELATED:
Bloomberg:
Spotify Said to Seek Credit Facility in Step Toward IPO
Gautham Nagesh / Wall Street Journal:
FCC to Vote March 31 on Media Ownership Rules  —  Change Could Have Major Implications on Largest Broadcast Companies  —  The Federal Communications Commission will vote later this month on a proposal to ban two or more separately owned broadcast TV stations from teaming up to negotiate retransmission fees …
Discussion: US News
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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 …
David Amrani / Digiday:
Q&A with Foreign Affairs publisher Lynda Hammes about the challenges in digital  —  How Foreign Affairs learned to love digital  —  So much of the industry's attention on journalism is on the up-and-comers, the “millennial” news outlets delivering updates in bite-size, candy-coated pieces.
Peter Kafka / Re/code:
Nielsen: Americans watch 34 hours of TV a week, more with timeshifting, web, mobile  —  Reminder: You (Still) Love Your TV  —  This week's Disney/Dish deal, which might lead to a Web TV service in our lifetime, is very exciting.  But while we wait for the future to arrive …
Rick Edmonds / Poynter:
USA Today's two-year strategic overhaul gains traction  —  USA Today has probably changed more in the last two years than in its previous 30.  —  Always a circulation-driven enterprise, the paper now has a radically different audience strategy, substituting mobile app traffic …
Discussion: @larrymccormack1
Bonnie Burton / CNET:
Newspeg puts journalistic spin on Pinterest-style bookmarking  —  Pinterest can be a great way to bookmark and organize all your favorite celebrity photos, recipes, DIY inspirations, home-decorating tips, and videos of famous Internet cats.  But for those who want to save and organize more serious articles, Newspeg may be for you.
Discussion: Business 2 Community
 
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Native Ads in the UK: They're Popular But What Are They?  —  A new Say Media UK study finds most UK marketers like native ads - they're just not always sure what they are.  —  The study sampled more than 150 advertising …
AdExchanger:
Dynamic Price Floors Perpetuate An Ad Stack Cold War  —  “The Sell Sider” is a column written by the sell side of the digital media community.  Today's column is written by Will Doherty, senior director …
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 More News: 
Mike Shields / Wall Street Journal:
Tumblr Ponders Ways to Boost Revenue
Discussion: VentureBeat
Gideon Spanier / London Evening Standard:
Revenues soar to £1 million a week for Twitter in the UK
Clifford Coonan / Hollywood Reporter:
China to Decentralize Censorship Process for Local Films
Janko Roettgers / Gigaom:
Web TV pioneer KoldCast TV is shutting down after losing millions on original content
Daniel Holloway / Broadcasting & Cable:
Bravo Media Promotes Development, Production Executives
Max Seddon / BuzzFeed:
Forbes Embroiled In Billion-Dollar Ukrainian Corruption Scandal
Caroline O'Donovan / Nieman Journalism Lab:
Interviewing the algorithm: How reporting and reverse engineering could build a beat to understand …
Discussion: @marginalutility
 Earlier Picks: 
Bill Mickey / Folio:
Penton Fills Out Its Digital Management Team
Kim Willsher / Guardian:
Libération shareholder warns of job losses at French newspaper
Tom Grubisich / Street Fight:
New Patch Owner Hale Running Company in ‘Lean, Entrepreneurial Mode’
Discussion: AdExchanger and AJR.org
Steven Waldman / Columbia Journalism Review:
Sometimes, contra Jeff Jarvis, philanthropy is the answer to journalism's problems
Discussion: @stevenwaldman
Ravi Somaiya / New York Times:
Janine Gibson is named editor of Guardian.com in management shuffle
Lucas Shaw / The Wrap:
Machinima to Lay Off 42 Employees in Sales Reorganization
Discussion: Variety, PandoDaily and AdAge
 

 
From Techmeme:

Walt Mossberg / Re/code:
iPad Air 2: best iPad ever, but only a modest evolutionary improvement over the Air

Molly Wood / New York Times:
Apple Pay: Seamless in Stores, but Quirky Online

Dieter Bohn / The Verge:
Nexus 6 hands-on: supersized, even by today's standards, with much improved camera

 
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