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:
Forbes, Businessweek, USA Today, Wall Street Journal, New York Times, Business Insider, Talking Biz News and TIME
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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
Discussion:
Guardian, Forbes, New York Times, VentureBeat, USA Today, CBS News, Hollywood Reporter, Hollywood Reporter, CNBC, Los Angeles Times, Re/code, Mashable, Mynextfone.co.uk …, Variety and CNBC
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
Discussion:
Capital New York, @emilybell, @dgelles, @raju and Om Malik
Catalina Albeanu / Journalism.co.uk:
How data is central to the New Statesman's digital ‘spin-offs’ — With the launch of CityMetric and election portal May2015, the team behind the New Statesman is experimenting with data journalism off-site — Credit: Image by kenteegardin on Flickr. Some rights reserved.
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 …
Discussion:
USA Today, Politico, Bloomberg and Business Insider
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 …
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, Ars Technica, Gigaom 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.
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
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