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7:45 AM ET, July 25, 2014

Mediagazer

 Top News: 
Simon Zekaria / Wall Street Journal:
Financial Times publisher Pearson posts first-half net profit of £227M, sales fell 6.5% to £2.05B  —  Pearson Swings to Profit Despite Fall in Sales  —  Financial Times Publisher Confirms Full-Year Guidance  —  LONDON—U.K. publisher Pearson PLC on Friday swung to a first-half profit …
RELATED:
Bloomberg:
Pearson Cutting 4,000 Jobs as First-Half Sales Decline  —  Pearson Plc (PSON), the publisher of the Financial Times, said today it will have cut a total of about 4,000 jobs in the two years through 2014 and reported a sales decline of 6.5 percent for the first half.
Discussion: Wall Street Journal
Ernesto Londoño / Washington Post:
Post reporter, other journalists appear to have been detained in Iran  —  Three American citizens, including The Washington Post's correspondent in Iran, appear to have been detained this week in Tehran, U.S. officials and the newspaper said Thursday.  —  Washington Post foreign editor Douglas Jehl …
Dean Takahashi / VentureBeat:
Google's $1B purchase of Twitch confirmed — joins YouTube for new video empire  —  Google has reached a deal to buy game livestreaming firm Twitch for $1 billion, according to sources familiar with the matter.  —  Citing unnamed sources, Variety said back in May that Google had made an all-cash offer …
Juliette Garside / Guardian:
BSkyB to buy Sky Italia and Sky Deutschland for £4.9bn cash  —  Broadcaster to buy Fox's 57.4% interest in German firm, while Italian purchase to use cash and National Geographic sale  —  BSkyB is to become a pan-European broadcasting company after agreeing to buy Sky Italia …
Ravi Somaiya / New York Times:
Joshua Topolsky, editor in chief of The Verge, joins Bloomberg as editor of a series of new online ventures, will be replaced by Nilay Patel  —  Josh Topolsky of The Verge Is Joining Bloomberg  —  Josh Topolsky, the co-founder of the technology website The Verge, will join Bloomberg …
RELATED:
Peter Lauria / BuzzFeed:
Why Harry Potter And The Simpsons Are Key To A Fox-Time Warner Deal  —  Uniting the Warner Bros and 20th Century Fox production studios would give Rupert Murdoch control over the two largest film and television catalogs ever assembled, creating a highly lucrative annuity and allowing …
Discussion: @buzzfeedben and @peterlauria3
RELATED:
Reuters:
Carey pressured from both sides of Fox Time Warner deal to stay in job
Discussion: Los Angeles Times
Amy Schatz / Re/code:
Major League Baseball Cries Foul on Net Neutrality Proposal  —  Count Major League Baseball among those who aren't wildly excited by FCC Chairman Tom Wheeler's proposal to allow broadband providers to offer fast-lane Internet access to content companies.  —  Last week, the sports league's …
Discussion: The Verge and Gigaom
Samantha Smith / The Australian:
Peter Greste to appeal against conviction and jail term in Egypt … JAILED Australian journalist Peter Greste's family will appeal against his seven-year sentence in Egypt in an effort to “exhaust” all legal channels until a political solution can arise.  —  Greste's parents are already …
John Plunkett / Guardian:
London Live applies to Ofcom to slash local programming  —  Four months after launch, TV station wants to cut primetime local content from three to just one hour a day  —  London Live's local evening programming includes Not the One Show, a reference to BBC1's The One Show.
Alex Weprin / Capital New York:
Time Warner Cable C.E.O.: F.C.C. workload may delay Comcast merger  —  In a memo sent to Time Warner Cable employees Thursday, C.E.O. Rob Marcus said that a strained F.C.C. could delay approval for the proposed Comcast-Time Warner Cable merger.  —  In the letter, Marcus cited …
RELATED:
Michael Sebastian / AdAge:
Conde Nast's Golf World Magazine Goes Digital-Only  —  Fewer Than 10 People Laid Off  —  Creativity Top 5  —  The 67-year-old Golf World magazine is closing its print edition and shifting entirely to digital media, where it will be part of the Golf Digest website, the magazine said Wednesday.
Discussion: Associated Press and Folio, Thanks:@msebastian
J.K. Trotter / Gawker:
BuzzFeed Editor Caught Lifting Text From Yahoo! Answers  —  Yahoo! Answers, one of the great artifacts of Internet history, is intently studied at viral news website BuzzFeed, where its trove of half-literate questions (and even less literate answers) has supplied material for at least fifty different posts and listicles.
Jacob Silverman / Politico:
The State Department's Twitter Jihad  —  Can a bureaucracy out-tweet the terrorists?  —  The skirmish began like so many others: with a tweet.  On June 26, a Twitter user with the handle @AboudouAbdallah, who identifies himself as living in Morocco and supporting the terrorist group Islamic State …
Alex Wilhelm / TechCrunch:
Amazon Drops 5% After Missing In Q2 With In-Line Sales Of $19.34B, Larger Than Expected Loss Of $0.27  —  Following the bell today, Amazon reported its second quarter financial performance including a $0.27 per share loss on revenue of $19.34 billion.  Analysts had expected Amazon to lose $0.15 on revenue of $19.34 billion.
Abby Phillip / Washington Post:
Wikipedia blocks anonymous edits (and trolling) from a congressional IP address  —  A Wikipedia administrator has blocked anonymous edits from a congressional IP address for 10 days because of “disruptive” edits being made by someone located in the House of Representatives, a spokesman for the Wikimedia Foundation confirmed.
John McDuling / Quartz:
An epic battle in streaming music is about to begin, and only a few will survive  —  “One thing is for sure,” declared an influential American critic and record industry analyst, Bob Lefsetz, in a recent post on the topic of streaming music.  “One service will dominate, it's where we'll all go …
 
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 More News: 
John Eggerton / Multichannel News:
FCC Approves Sinclair/Allbritton Deal
Discussion: Variety, Reuters and bizjournals
Francesca Panetta / Guardian:
Telling the story of the first world war with 2014 technology
Discussion: Nieman Journalism Lab and The Drum
Janko Roettgers / Gigaom:
Chromecast has been used 400M times to ‘cast’ sessions to TVs since it launched a year ago
 Earlier Picks: 
Jeff Bercovici / Forbes:
Attention, TV Networks: Facebook Is Coming For You Next
Discussion: @jamcnn and Pocket-lint
Advanced Television:
Half broadband users use video apps monthly
Discussion: Digital TV Europe
CNN:
Journalist working for CNN abducted in Ukraine
John Schwartz / Current.org:
In spectrum auction, FCC should protect public TV's coverage
The Local:
German state bans Hells Angels' logo online
Discussion: Gigaom
 

 
From Techmeme:

Tom Warren / The Verge:
Microsoft opens up Xbox Cloud Gaming to existing Xbox game libraries, letting Xbox Game Pass Ultimate subscribers stream 50 supported games they already own

Jennifer Pattison Tuohy / The Verge:
Amazon unveils the $400 Echo Show 21, an upgrade to the Echo Show 15 from 2022, with a 21" 1080p display and auto-framing camera, and updates the Echo Show 15

Sarah Wynn / The Block:
A US judge sentences FTX co-founder Gary Wang to “time served”, meaning no jail time; Wang pleaded guilty in December 2022 to fraud charges after FTX collapsed
 
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