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, New York Times, Businessweek, Wall Street Journal, Business Insider, Talking Biz News, USA Today 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:
Forbes, Guardian, New York Times, USA Today, VentureBeat, Hollywood Reporter, CBS News, Hollywood Reporter, Re/code, Mashable, CNBC, Los Angeles Times, Mynextfone.co.uk …, 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:
@emilybell, Capital New York, @dgelles, @raju and Om Malik
Erin Madigan White / The Definitive Source:
8 ways the Obama administration is blocking information — The fight for access to public information has never been harder, Associated Press Washington Bureau Chief Sally Buzbee said recently at a joint meeting of the American Society of News Editors, the Associated Press Media Editors and the Associated Press Photo Managers.
Discussion:
TVNewser, Mediaite, FishbowlDC, Washington Post, @tbridis, @salenazitotrib, @caseymcdermott, @burgessev, @dangillmor and @freedomofpress
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.
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.
Nicole Levy / Capital New York:
Hearst acquires San Francisco-based networking startup BranchOut to develop mobile apps and services — Hearst heads to Silicon Valley to launch development group — Hearst Corporation is setting up a digital product development group in Silicon Valley to build out new mobile apps and services, Capital has learned.
Discussion:
WWD, @hearstcorp, Talking New Media and Hearst Corporation
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
Toni McQuilken / Adweek:
Facebook Will Get 10% of U.S. Digital Ad Spending in 2014 — Research shows social giant's digital dominance — Adults in the United States will spend an average of 6 percent of their total digital media time on Facebook—or 21 minutes every day—and the social media giant captures 10 percent …
Jon Brodkin / Ars Technica:
Opponents say AT&T/DirecTV merger reduces pay-TV competition, increases discrimination against online video — 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.
Discussion:
Multichannel News
Ben Fischer / New York Business Journal:
Vice Media taps Italy as first market for a full-fledged, local-language news site — Vice Media has chosen Italy as its first market for a full-fledged, local-language news operation, Chief Creative Officer Eddy Moretti said Thursday. Meanwhile, Vice brass is already pondering how to stay edgy …
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.
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