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5:15 PM ET, January 27, 2015

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 Top News: 
Alex Wilhelm / TechCrunch:
Yahoo reports mixed Q4 with mobile revenue of $254M, up from $200M previous quarter; total revenue of $1.18B  —  Yahoo Reports Mixed Q4 With Mobile Revenue Of $254M, Total Top Line Of $1.18B  —  Today Yahoo reported its fourth-quarter financial performance, including revenue excluding …
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Kara Swisher / Re/code:
Yahoo to Spin Off Rest of Alibaba Stake as Expected  —  Yahoo said it would spin off the rest of its stake in China's Alibaba Group today.  It said the transaction will result in two independent public companies:
Jonathan Chait / New York Magazine:
Not a Very P.C. Thing to Say — How the language police are perverting liberalism.  —  Not a Very P.C. Thing to Say  —  How the language police are perverting liberalism.  —  Around 2 a.m. on December 12, four students approached the apartment of Omar Mahmood, a Muslim student …
Yuri Kageyama / Associated Press:
Japan Turns to ‘I Am Kenji’ Facebook Page on Hostage Crisis  —  TOKYO (AP) — The plight of freelance journalist Kenji Goto, taken captive by Islamic State group militants, has gripped Japan, and the people's hopes for his safety are now on Facebook with a simple, unifying plea: “I am Kenji.”
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Jinen Kamdar / The Twitter Blog:
Twitter starts rolling out group Direct Messaging, 30-second video capture and sharing  —  Now on Twitter: group Direct Messages and mobile video camera  —  A few months ago, we mentioned some features coming soon, and today we're excited to start rolling out two of them: group messaging and a new mobile video experience.
Trevor Timm / Guardian:
The war on leaks has gone way too far when journalists' emails are under surveillance  —  The US government's demands for the private emails of WikiLeaks staffers is outrageous.  Disliking Julian Assange is a disgraceful reason anyone to stay silent  —  he outrageous legal attack on WikiLeaks …
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Matt Apuzzo / New York Times:
Ex-CIA officer Jeffrey Sterling convicted of espionage in leak to NYT reporter James Risen
Lukas I. Alpert / Wall Street Journal:
Village Voice Owner Ponders M&A Options  —  Voice Media Group, owner of 11 alternative weeklies including the Village Voice, said Tuesday it was exploring “new strategies” including the possible sale of its publications or acquisition of other titles.  —  The company said it had hired merger …
Discussion: AAN
Rich McCormick / The Verge:
Snapchat's new Discover feature puts news and entertainment a swipe away from your stories  —  Snapchat has launched “Discover,” a new feature that highlights stories and videos provided both by outside publishers and by Snapchat's in-house team of journalists and videographers.
Ken Doctor / Capital New York:
Meet ‘Reveal,’ the show that could be ‘60 Minutes’ for our century  —  What might “60 Minutes” be like if it were launching in 2015?  —  It might look—or really sound—a lot like “Reveal.”  You may have bumped into “Reveal,” a first-of-its-kind regular radio investigative-journalism show …
Alana Goodman / Washington Free Beacon:
Employees Organizing Push to Unionize Politico  —  Employees at Politico are organizing a push to unionize the news outlet, amid recent shakeups at the inside-the-Beltway publication.  —  The effort is being led by Mike Elk, a Politico labor reporter and a strident proponent of unions who started at the outlet last year.
Tom LoBianco / Indianapolis Star:
Governor of Indiana plans to launch state-run, taxpayer-funded news service to compete with other media  —  Pence state-run news outlet will compete with media  —  Gov. Mike Pence is starting a state-run news service that will provide pre-written news stories to Indiana news outlets …
Mark Sweney / Guardian:
London Live local television station to cut third of staff  —  Evgeny Lebedev's channel to re-invest savings made from around 20 people going from news and current affairs teams into programming content  —  Evgeny Lebedev's struggling London TV station is to cut 20 jobs, around a third of its staff …
Bloomberg:
France seeks to sanction web companies as hate-speech accomplices if they host extremist messages  —  France Seeks to Sanction Web Companies for Posts Pushing Terror  —  The French government is stepping up the pressure on Google Inc. (GOOGL) and Facebook Inc. (FB) to help in the struggle against terrorist groups.
Discussion: VentureBeat, Techdirt and The Verge
Mike Masnick / Techdirt:
YouTube's Offer To Musicians Isn't As Bad As Some Believe, But YouTube Should Still Change Its Policies  —  Last summer, there was some kerfuffle about YouTube allegedly threatening to kick musicians off of YouTube if they didn't agree to license their music to the subscription service it was building.
Discussion: Guardian, PandoDaily and stratechery
Richard Leider / YouTube Engineering …:
YouTube now defaults to HTML5 video instead of Flash  —  YouTube now defaults to HTML5  —  Four years ago, we wrote about YouTube's early support for the HTML5 <video> tag and how it performed compared to Flash.  At the time, there were limitations that held it back from becoming our preferred platform for video delivery.
 
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 More News: 
Lucia Moses / Digiday:
Vox Media produces social-only content to be ready for any Facebook moves and to extend reach
Brant Houston / The American University in Cairo:
Investigative journalists build new networks and partnerships, but funding challenges remain
Justin Rocket Silverman / NY Daily News:
Vivian Schiller talks tech integration in journalism at Daily News Innovation Lab ‘Conversation’ event
Dominic Ponsford / Press Gazette:
Four years after Met began investigating journalists: £33.5m spent, 64 arrested and/or charged, four jailed
Richard Parker / Columbia Journalism Review:
How the Houston Chronicle is catching up to a changing city
 Earlier Picks: 
Investigative News Network:
Reporters Committee Partners With INN As A Media Law Resource For Nonprofit News Organizations
Economist:
Without the threat of widespread piracy that musicians face, authors and publishers may constrain the rise of all-you-can read e-book subscriptions
Joe Pompeo / Capital New York:
Texas Monthly publisher resigns, president retires; Cincinnati mag publisher to be president
Discussion: FishbowlNY and MediaPost