Top News:
Leslie Picker / Bloomberg:
Alibaba opens for trading on NYSE at $92.70 a share, up from IPO price of $68 — Alibaba Surges in New York Trading Debut After U.S. IPO — Alibaba Group Holding Ltd. surged in its U.S. trading debut, after the company raised a record-breaking $21.8 billion in an initial public offering.
Discussion:
Businessweek, USA Today, Forbes, New York Times, Wall Street Journal, Business Insider, Talking Biz News and TIME
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Claire Atkinson / New York Post:
Hollywood emerges as winner in Alibaba's market debut — If Hollywood handed out an award for film financing, it would go to Alibaba founder Jack Ma. — Studio heads are anticipating an influx of investment dollars from Asia, thanks to the Chinese e-commerce giant, which is poised to pull off …
Discussion:
Guardian, Forbes, VentureBeat, New York Times, Hollywood Reporter, CBS News, Hollywood Reporter, CNBC, Los Angeles Times, USA Today, Reuters, Mashable, Mynextfone.co.uk …, Variety, Re/code, Variety and CNBC
Andrew Edgecliffe-Johnson / Financial Times:
Corporate owned news sites bypass traditional media, blurring lines between journalism and PR — The invasion of corporate news — The lines between journalism and PR are rapidly becoming blurred as business interests bypass traditional media to get their message across
Discussion:
Capital New York, @dgelles, @emilybell, Om Malik and @raju
Peter Kafka / Re/code:
Twitter's New US Media Boss is Kirstine Stewart — Twitter has named Kirstine Stewart to head up its U.S. media unit, filling a vacancy left by Chloe Sladden in June. Stewart, who had previously run Twitter's media group in Canada, will report to Katie Stanton, who now runs Twitter's global media group.
Discussion:
Broadcasting & Cable, Variety, @joannauk, @katies, @shinangovani, @mathewi, @kathrynbuczko and @chrisdoyle
Peter Kafka / Re/code:
Facebook Video Boom Increases Internet Bandwidth Usage — Video streams on Facebook are skyrocketing, thanks to a new system that automatically plays clips in your stream, and encourages Facebook to show you more clips. So guess what happens to bandwidth usage as all of those videos are playing?
Tamara Baluja / J-source:
Winnipeg Free Press adds social media element to letters to the editor — Letters to the editor are a dying breed. Although a long-standing tradition at newspapers, they just don't jibe with today's media landscape of immediacy and urgency. The Winnipeg Free Press is changing that by bringing social media to snail mail.
Discussion:
@meltait, @tamara_baluja, @tamara_baluja, @quinparker and @iabcmanitoba
Mike Wallberg / IVOH:
New Washington Post newsletter delivers optimism to readers' inboxes — Washington Post photo of Whitney Paxson and daughter Madeline, 6, who were featured in a story about the transformation of alleyways in D.C. The story appeared in the Post's new newsletter, The Optimist.
Discussion:
Poynter, @mallarytenore, @ivohmedia, @carloslozadawp, @meena_thiru and @jayrosen_nyu
Nick Summers / The Next Web:
Getty Images launches Stream, an iOS app anyone can use to browse its vast photo library — Getty Images today launched an app called Stream that makes it easy for any iPhone or iPad user to browse, save and share photos uploaded by its community of professional photographers.
Discussion:
@alexjamesfitz
Stuart Dredge / Guardian:
Facebook wants to be better at putting breaking news in your feed — Social network will factor trending topics and how recently friends have commented in to its algorithm — Facebook: much better for ice bucket videos, BuzzFeed quizzes and baby photos than it is for keeping abreast of breaking news.
Discussion:
Facebook, Wall Street Journal, BetaNews, Gigaom, Ars Technica and Engadget
Alex Weprin / Capital New York:
Comcast makes its case to F.C.C., listing its disruptors — Thursday evening, Comcast filed with the F.C.C. a detailed response to questions asked by the Commission late last month. Comcast's filing is redacted, with many answers about its business removed for competitive reasons.
Ben Sisario / New York Times:
BMI Reports a Record $977 Million in Revenue — BMI and Ascap, two of the music industry's oldest and biggest licensing organizations, are struggling to adapt to the digital age. But both groups are also collecting more and more money as their songs are played on all kinds of media.
Discussion:
BMI.com, Music Week, Complete Music Update and RAIN News
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