Mediagazer: Spotify Acquired Music Tech Company The Echo Nest In A $100M Deal (Ingrid Lunden/TechCrunch)

2:25 PM ET, March 7, 2014

Top News:

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 …

Rob Wile / Business Insider:

A Forensics Analyst Who Worked On The Newsweek Story Explains How They Converged On Dorian Nakamoto — It now appears a toss-up as to whether Dorian Prentice Satoshi Nakamoto is the same Satoshi Nakamoto who created Bitcoin. — Newsweek reporter Leah McGrath Goodman continues to stand …

Discussion: Latest News & Headlines, @edfelten, @dlauer, @binarybits, @pmarca, @fmanjoo, @cdixon, @dangillmor, @thestalwart and @felixsalmon

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: @sarahcuda, @harrymccracken, @b_fung, @buttcoin, @dannysullivan, @gabosama, @tim_stevens, @fmanjoo, @lheron, @alecperkins, @biellacoleman, @adamclarkestes and @hblodget

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.

Discussion: Capital New York, JIMROMENESKO.COM, @stefanjbecket and @poynter

Ryan Nakashima / Associated Press:
Dorian S. Nakamoto denies he's Bitcoin founder, heard of Bitcoin 3 weeks ago

Discussion: Los Angeles Times, Gawker, Business Insider, Daily Dot, Wall Street Journal, Gigaom, @mathewi, @jbenton, @willoremus, @blocktechceo, Softpedia News, Mashable, CNET, Forbes, SocialTimes, The Switch, TechCrunch, Ars Technica, SlashGear, CBS Los Angeles, Wired and The Verge

Chris O'Shea / FishbowlNY:
Newsweek Returns with a Thud [Updated]

Discussion: Mediaite, CNET and @kirabind

J.K. Trotter / Gawker:
Newsweek Editor-in-Chief: We Stand by Our Bitcoin Story

Discussion: Mediaite, Poynter, AdAge, USA Today, Wall Street Journal, Daily Dot, @jayrosen_nyu, Business Insider, New York Times, BGR, @awalkerinla, @klustout, CNNMoney.com, @m_delamerced, @declanm and Gigaom

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

Discussion: @jakeadelstein

Amy Chozick / New York Times:

The Guardian's Alan Rusbridger: 'It's Essential to Be Paranoid' — You've played piano since you were a child, and you've written about parallels between this pursuit and digital news. Can you explain that? Amateur music-making used to be very commonplace and was valued in its own right.

Discussion: @amychozick, @jackshafer, @jayrosen_nyu and @niemanlab

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.

Discussion: Digital Music News, Ubergizmo, BetaBoston, hypebot and TechCrunch

Bloomberg:
Spotify Said to Seek Credit Facility in Step Toward IPO

Discussion: TechCrunch, Fast Company, BetaBoston and Gigaom

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

Jim Puzzanghera / Los Angeles Times:
FCC to consider tougher rules for local TV stations

Discussion: Variety, @jbflint, NAB and Bloomberg

Carey Dunne / Co.Design:

How Spritz Redesigned Reading, Letting You Scan 1,000 Words A Minute — When we read, our eyes move across a page or a screen to digest the words. All of that eye movement slows us down, but a new technology called Spritz claims to have figured out a way to turn us into speed-readers.

Discussion: the Econsultancy blog, EW.com, TIME, Business Insider and Melville House Books

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.

Zachary M. Seward / Quartz:

The future of TV is coming into focus, and looks pretty great — The future of TV is here. It's just not evenly distributed. — If it doesn't seem like the American television industry is in the middle of a dramatic transformation, that's simply because the pieces are scattered all over the place.

Discussion: Multichannel.com, @stevedittmore, @zseward, CNNMoney.com, Techdirt and Engadget

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

Josh Lowensohn / The Verge:

Samsung takes another crack at streaming radio with Milk — But was anyone asking for a Galaxy-only music app? — Hot off the launch of Beats Music, does the world need yet another music streaming service? Samsung's about to find out. — In January, Samsung actually shut …

Discussion: Gigaom, USA Today, 9to5Mac and TechnoBuffalo

Jeremy Barr / Poynter:

It's probably not ‘game on’ for drones, despite judge's ruling — A federal judge dismissed a case against a man who was fined $10,000 for operating a drone “in a careless or reckless manner” in 2011. Does this mean news outlets can start finally start sending cameras into the skies?

Discussion: Motherboard, Politico, TechCrunch and Techdirt