Mediagazer: James Corden to Replace Craig Ferguson as Host of ‘The Late, Late Show’ on CBS (Bill Carter/New York Times)

1:25 PM ET, September 8, 2014

Top News:

With Videos of Killings, ISIS Sends Medieval Message by Modern Method — The ostensible purpose of the recent videos that show the beheadings of two American journalists by Islamic militants is to deter attacks — your missiles on our positions will beget our knives on Western hostages — but the true aim is to spread dread and terror.

Discussion: @carr2n, SocialTimes, @pkafka, @ddknyt, @michaelwolffnyc and Prof Chris Daly's Blog

James Doleman / The Drum:

Questions remain over new press regulator IPSO as it launches — Today (8 September) sees the launch of a new regulator for the press as the Independent Press Standards Organisation (IPSO) replaces the Press Complaints Commission (PCC). — Why IPSO? — The PCC, which was set up in 1990 …

Discussion: Guardian, Press Association, BBC, The Independent, Harborough Mail, iMediaEthics, Border Telegraph, HoldTheFrontPage and Herald Scotland

Jason Deans / Guardian: Victims of press intrusion brand new regulator Ipso a sham

Ravi Somaiya / New York Times:

Bloomberg News Stands Out With Editorial Policy to Not Report on Itself — On the Forbes list of the world's billionaires, Michael R. Bloomberg appears at No. 15, with a net worth of $33.6 billion. But on his own company's ranking, the Bloomberg Billionaires index, he appears nowhere.

Discussion: FishbowlNY, @edmundlee, @pierrebri, @markscott82, @hblodget, New York Magazine and Talking Biz News

Jessica E. Lessin / The Information:

The Information announces two hires, including WSJ media reporter Martin Peers as columnist — Welcome Martin Peers and Stephen Nellis! — I am delighted to announce that Martin Peers, a longtime Wall Street Journal media reporter and editor, is joining The Information as a columnist.

Discussion: New York Times, The New York Observer, @mvpeers and Talking Biz News

Jonathan Peters / Columbia Journalism Review:

Why California's smartphone ‘kill switch’ law should concern journalists — An antitheft measure creates the risk that the government could interfere with newsgathering — Imagine this. — You're a journalist covering a street protest, and the local police chief doesn't like the photos you're tweeting from your iPhone.

Discussion: @jonathanwpeters

Michael Calderone / The Huffington Post:

Politico Executive Editor Rick Berke Resigns Over Newsroom Strategy Differences — NEW YORK — Politico executive editor Rick Berke resigned Sunday, writing in a staff memo that he disagreed with co-founders John Harris and Jim VandeHei over strategy for running the Washington news organization.

Discussion: New York Times, Washington Post, LA Observed, The New York Observer, Talking Points Memo, @mlcalderone, @mlcalderone and @mlcalderone

Anthony Ha / TechCrunch:

Twitter Announces Its First Commerce Product — A “Buy” Button On Mobile — After months of reports and rumors, Twitter is announcing its first commerce product. — The company first signaled its interest in this area last year, when it hired former Ticketmaster CEO Nathan Hubbard to lead its commerce team.

Discussion: The Twitter Blog, Forbes, New York Times, AdAge, Deadline, Business Insider, VentureBeat, Adweek, BBC, VatorNews, Silicon Republic, hypebot, Billboard, Associated Press, CNET, Re/code, USA Today, Wired and The Verge

Bill Carter / New York Times:

James Corden to Replace Craig Ferguson as Host of ‘The Late, Late Show’ on CBS — In choosing James Corden on Monday to replace Craig Ferguson as the host of “The Late, Late Show,” CBS seems to be making a statement. — The statement: Nothing mattered more than finding a standout talent …

Discussion: The Wrap, Wall Street Journal, Guardian, Business Insider, Variety, Deadline, Reuters, ITV, Digital Spy, Telegraph, ABC News, Wall Street Journal, BBC, TIME, Daily Mail, Washington Post, @craigyferg, @jkcorden, The Wire, Vulture and Entertain This!

Kellie Riordan / Guardian:

Is showing emotion the same as taking a stance? And what place does a journalist's opinion have in the digital space? — Is showing emotion the same as taking a stance? And what place does a journalist's opinion have in the digital space? — If you think of the names that have created …

Discussion: @mrbenjaminlaw, @murpharoo and @antloewenstein

Kara Swisher / Re/code:

Flipboard Buys Photo and Video App Ultravisual, as It Preps for New Fall Products — Flipboard has purchased Ultravisual, a small Brooklyn-based app maker that offers elegant photo and video creation and collaboration software for Apple's iPhone iOS. — Terms of the deal for the seven-person company …

Discussion: TechCrunch, @ultravisualapp, @mmccue, @neilvoss, @gabiekur and Ultravisual

Joe Pompeo / Capital New York:

Wall Street Journal launches perks program for subscribers — The Wall Street Journal is buttering up its paying customers with a complimentary membership program that tacks on special perks to their print and digital subscriptions. — Members of WSJ+, an opt-in program …

Joe Pompeo / Capital New York:

American Reader to drop its web content and focus on print — One of the consequences of the print industry's downward slide over the past several years has been the trend of newspapers and magazines going “digital-only”—ditching costly paper products, with their diminished circulation …