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9:55 AM ET, May 19, 2014

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 Top News: 
David Carr / New York Times:
Editor's Exit at The Times Puts Tensions on Display  —  Back in 2010, before she became executive editor of The New York Times, Jill Abramson sent me a handwritten attaboy note about a big story.  It still hangs in my cubicle: “You wrote a story about the trashing of a once great American institution and people never tire of that.”
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Ken Auletta / New Yorker:
Guardian's Gibson weighs in on NYT and Abramson: “Jill should not have been hung out to dry”  —  Why Jill Abramson Was Fired: Part III  —  In my last post exploring why Jill Abramson was fired as executive editor of the New York Times by Arthur O. Sulzberger, Jr. …
Kara Swisher / Re/code:
Dear Jill: From One Pushy Media Dame to Another  —  Let me be perfectly clear when it comes to ousted New York Times executive editor Jill Abramson: She has, on some occasions I have spent time with her, scared the bejesus out of me.  —  That said, it was in a very good way.
Lexi Mainland / @lexinyt:
Edmund Lee / Bloomberg:   Times Editor Inherits Business Battles Fought by Abramson
Dylan Byers / Politico:
Sources: Sulzberger fired Abramson because he felt she misled him, others in recruiting Gibson
AT&T:
AT&T agrees to acquire DirecTV in stock-and-cash deal for $95 per share  —  AT&T to Acquire DIRECTV  — Creates Content Distribution Leader Across Mobile, Video & Broadband Platforms  — The premier pay TV brand with the best content relationships now poised to deliver video to multiple screens …
RELATED:
P.J. Bednarski / MediaPost:
Chernin Group's alliance with AT&T for over-the-top video gains significance with DirecTV deal  —  Connect The Dots: AT&T/DirecTV Merger Leading To Major Over-The-Top Play?  —  The media world is just now digesting AT&T's proposed $49 billion acquisition of DirecTV but people …
Discussion: Reuters and Wall Street Journal
Nathan Mattise / Ars Technica:
AT&T and DirecTV vow to follow FCC's 2010 net neutrality guidelines for three years after deal closes
Steve Kovach / Business Insider:
DirecTV deal valued at $48.5B, or $67.1B with debt; AT&T frames purchase as a way to extend internet access to rural areas
Discussion: Re/code and WGBH News
Todd Spangler / Variety:
YouTube to Acquire Videogame-Streaming Service Twitch for $1 Billion: Sources  —  Deal would be biggest ever for YouTube  —  Google's YouTube has reached a deal to buy Twitch, a popular videogame-streaming company, for more than $1 billion, according to sources familiar with the pact.
RELATED:
Wall Street Journal:
Google's acquisition talks with Twitch still at an early stage  —  Google in Talks About Possible Acquisition of Twitch  —  Google's Talks With Live Video-Streaming Service at Early Stage  —  Google Inc. is in talks about a possible acquisition of Twitch, a fast-growing live video-streaming service …
Discussion: @bryfitz, Guardian, @ow and @benfritz
Leslie Kaufman / New York Times:
Hale Global's Patch is pared down to 65 journalists; on track for $21M in revenue this year  —  Patch Sites Turn Corner After Sale and Big Cuts  —  In January, when AOL announced that it was handing over the majority stake in Patch, its troubled hyperlocal news division, to an investment firm …
Lisa O'Carroll / Guardian:
William and Kate ‘embarrassed’ by hacking revelations, says NoW reporter  —  Clive Goodman tells Old Bailey the police and CPS decided to ‘ringfence’ interception of royals to keep them out of a trial  —  The royal family has been “embarrassed” by revelations that the News of the World …
Mark Potts / American Journalism Review:
What the New York Times Innovation Report Says About the State (and Future) of Digital News  —  For those of us who have spent the past decade or two on the front lines of trying to make newspapers and other legacy news organizations more digital, the internal innovation report that leaked …
Discussion: Logic+Emotion
Michael Wolff / USA Today:
Europe's “right to be forgotten” serves as a brake against the ever-growing power of Google  —  The right to be forgotten by Google  —  Google is too big, too octopus-like, too invasive, too knowing, too powerful.  Anybody disagree that Google offers a creative scenario of a dystopian …
Discussion: @securityhumor, @raju and @ryanchittum
 
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Philip Oltermann / Guardian:
German court rules late American psychologist is author of book she claimed was dictated …
Daniel Roberts / Fortune:
Will.i.am owns an equity stake in Beats, played a key role in its success
Discussion: @tapbot_paul
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