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2:35 PM ET, September 19, 2014

Mediagazer

 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.
RELATED:
Todd Spangler / Variety:
What Yahoo Should Do with Billions from Alibaba IPO: Invest in Video, Ad Tech  —  Yahoo stands to reap a windfall of $8 billion or more in cash after selling part of its stake in China's Alibaba Group, which is launching the biggest U.S. initial public offering in history — and with the bigger kitty …
Claire Atkinson / New York Post:
Hollywood emerges as winner in Alibaba's market debut
Dylan Byers / Politico:
N.Y. Times mulls new round of buyouts  —  The New York Times leadership is currently considering a new round of buyout offers that is likely to slash at least 50 positions from the company, and possibly several more, sources at the paper told POLITICO this week.
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
Keach Hagey / Wall Street Journal:
Al Jazeera America Files Response to Current TV Lawsuit  —  Accused by Current TV Founders Al Gore and Joel Hyatt of Misusing Escrow Funds  —  Al Jazeera America on Thursday responded to a lawsuit by Al Gore and his business partners, arguing that it has a legitimate claim to funds set aside …
Jon Brodkin / Ars Technica:
Opponents say AT&T/DirecTV merger reduces pay-TV competition  —  AT&T/DirecTV merger boosts incentive to kill copper service, opponents say  —  Petition to stop merger disputes AT&T claim that it will help expand broadband.  —  AT&T's proposed $48.5 billion acquisition of DirecTV …
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.
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.
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.
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.
John Eggerton / Broadcasting & Cable:
Senate Puts $10 Million Bounty on Journalist Murderers  —  Offers up to that sum for info leading to conviction of killers of Foley, Sotloff  —  The Senate Friday unanimously passed a bill that would provide up to $10 million for information leading to the arrest and conviction of anyone involved …
Discussion: The Hill
 
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 More News: 
Peter Kafka / Re/code:
Facebook Video Boom Increases Internet Bandwidth Usage
Discussion: @qzglass
Dominic Ponsford / Press Gazette:
Mobile website readership overtakes desktop for Mail Online, Metro and Mirror
Discussion: Journalism.co.uk and @pressgazette
Patrick Frater / Variety:
Chinese Internet Giant Tencent Launches Film Production Unit
Ben Sisario / New York Times:
BMI Reports a Record $977 Million in Revenue
Associated Press:
3 Guinean radio journalists among those killed in an attack on a team fighting Ebola in Guinea
 Earlier Picks: 
Peter Kafka / Re/code:
YouTube will spend millions to fund & promote new shows from popular creators
Tampa Bay Times:
Tampa Bay Times cuts employee pay 5% starting Sept. 29, warns of job losses, reduces severance after Oct. 1
Janko Roettgers / Gigaom:
YouTube is a big success on cable boxes in Hungary. So when will it launch elsewhere?
Discussion: Wall Street Journal
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Bob Van Voris / Bloomberg:
US prosecutors charge two founders of Samourai Wallet, saying the crypto mixing service facilitated more than $100M in money laundering transactions

 
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