Mediagazer: Arthur Sulzberger's compensation took a hit in 2013 (Joe Pompeo/Capital New York)

1:15 PM ET, March 17, 2014

Top News:

Michael Wolff / USA Today:

New cash, new questions for Business Insider — Business Insider, one of the sites at the forefront of creating a native digital publishing model, happily announced the other day an additional investment of $12 million, bringing its total to about $30 million.

Discussion: @gregory, @michaelwolffnyc, @losowsky, @danprimack, @mathewi, @jeffmacke, @raju, @jackshafer, @rorybrown, @zerohedge, @jeffjohnroberts, @carr2n, @moorehn, @jayrosen_nyu and @sarahkendzior, Thanks:@steverubel

Chris O'Brien / Los Angeles Times:

Subject of Newsweek Bitcoin story hires lawyer, “unconditionally” denies its accuracy — Dorian S. Nakamoto hires lawyer to ‘clear his name’ of bitcoin claim — Dorian Satoshi Nakamoto of Temple City, the man recently named by Newsweek as the mysterious creator of bitcoin …

Joe Pompeo / Capital New York:

Quartz to launch an India channel — Quartz, the mobile-first digital publication aimed at global business and finance elites, is the latest American news brand making a foray into India. — Capital has learned that Quartz is preparing an India channel to launch this spring or summer …

Discussion: Talking Biz News

Andrew Beaujon / Poynter:

FiveThirtyEight launches, promises to break news ‘rarely’ — The new FiveThirtyEight launched Monday under ESPN's auspices. In an article welcoming readers, Editor-in-Chief Nate Silver says the fact that he called the 2012 presidential election “was and remains a tremendously overrated accomplishment.”

Discussion: FiveThirtyEightFiveThirtyEight

Joe Pompeo / Capital New York:

Arthur Sulzberger's compensation took a hit in 2013 — New York Times chairman and publisher Arthur Sulzberger Jr. made roughly $5.3 million in 2013, including his base salary, stock awards and other compensation, whereas his 2012 earnings package totaled around $6.9 million.

Discussion: JIMROMENESKO.COM

Melanie Stone / Mediashift:

Social Media Editors in the Newsroom: What the Job is Really Like — Monday through Friday, Scott Kleinberg's alarm goes off at 5:30 a.m. The Chicago Tribune social media editor then begins combing the web for news and trends, catching up on anything that happened while he was sleeping.

Discussion: @melaniealissa

Mark Kleinman / Sky News:

UK's Channel 5 to float on stock market for £700M, say sources — Media Boss Desmond Eyes £700m Channel 5 Float — Celebrity Big Brother is a Channel 5 hit — The media tycoon Richard Desmond is considering a stock market flotation of Channel 5 even as bidders firm up offers …

Discussion: Reuters, @markkleinmansky and Variety

Margaret Sullivan / New York Times:

For Some, Reader Contributions Become a New Reporting Tool — Not too long ago, it happened like this: A newspaper would publish a story. Response came in the form of letters to the editor, or maybe an outraged phone call or two, or a handwritten note to a reporter — or, every once in a while, a lawsuit.

Discussion: @mathewi and @margafret

First Look Media:

Associated Press Research Director Lynn Dombek leaves for same role at First Look — Lynn Dombek to Join First Look as Research Director — First Look Media, the new journalism organization created by Pierre Omidyar, today announced that Lynn Dombek will become the organization's research director.

Discussion: @mlcalderone

David Carr / New York Times:

A New Model for Music: Big Bands, Big Brands — I like Doritos as much as the next guy. More, probably. And I admire Lady Gaga for her handcrafted rise to the top of pop culture. In Austin last week, the salty, cheesy wonder of Doritos was brought to you by the sweet, uplifting allure of Lady Gaga.

Discussion: @mccann_ww and @qhardy

Gerry Shih / Reuters:

Twitter CEO Costolo to make first China visit — (Reuters) - Twitter Inc CEO Dick Costolo will meet Shanghai government officials, academics and students in his first visit to China, signaling Twitter's interest in cracking a lucrative but thorny market with 600 million Internet users.

Discussion: Wall Street Journal, Computerworld, International Business Times, CNET, The Week, The Next Web and Engadget

Dominic Ponsford / Press Gazette:

Tories ask why left-wing blogger with ‘little journalism experience’ made Newsnight economics correspondent — BBC head of news James Harding has been asked to explain why a left-wing blogger currently working for the TUC who has “little journalistic experience” has been made Newsnight economics editor.