Top News:

Facebook launches Sports Stadium, a hub for American football now, other sports soon, offers real-time chats, stats, media commentary, more — Facebook's Sports Product to Launch During NFL Championships — There's a new stadium in town. Actually, in every town. — It's on Facebook.
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Deadspin, Facebook, Re/code, Adweek, Fast Company, TechCrunch, SocialTimes, Mashable, Facebook MediaFacebook Media, Wired.co.uk, Daily Mail, TIME, Wall Street Journal, @aaronwall, @helensitu, @gaberivera, @wy_yw, The Tech Portal, SlashGear, PCWorld, USA Today, SiliconBeat, Engadget, GeekWire, The Next Web, TechCrunch, @caseynewton, @kantrowitz, @flyosity, @mikeisaac, The Verge and VentureBeat


Weibo to expand its 140-Chinese-character limit on messages up to 2K, trial starts January 28, rolling out to all 500M users on February 28 — China's Weibo follows Twitter in controversial move to ditch 140-character limit, says users can soon waffle on for up to 2,000 — Main menu


Google disabled more than 780M ads in 2015 for violating policies including ads for unapproved drugs, misleading weight-loss claims, and “trick to click” ads — Google Disabled 49% More Ads in 2015 — Google disabled 49% more ads in 2015 than the prior year …
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TechCrunch, VentureBeat, Business Insider, @wsjd, Guardian, The Next Web, Official Google Blog, Search Engine Land, Tech Times and 9to5Google
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Google rolling out “Real-time ads”, pre-planned ads that appear at specific times, first for select brands, then more broadly later this year — Google Debuts ‘Real-Time Ads’ To Drive Live Engagement — Google sounds more and more like Twitter, heralding ways marketers can tap into live events for engagement.
Discussion:
Awful Announcing, Adweek, Ad Age, VentureBeat, @joshsternberg, YouTube Blog, Wired, Broadcasting & Cable, Engadget and mUmBRELLA


Pearson unveils £320M restructuring plan that includes 4,000 job cuts, and caps dividend due to weak earnings — Pearson to cut 4,000 jobs as it warns on profits — Pearson has unveiled a £320m restructuring plan that will cut one-tenth of its workforce …
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New York Times, Wall Street Journal, International Business Times, Editor & Publisher, Agence France-Presse, International Business Times, Sky News, Bloomberg Business, Financial Times, dailyrecord, Reuters, Fortune, Telegraph, London Evening Standard, NASDAQ.com, BBC, Scotsman, Bookseller News, Guardian and Bloomberg Business

Viacom cuts Sumner Redstone's salary by 85% to $2M amid questions about his health and competence — Viacom slashes exec pay amid lawsuit over Redstone's health — LOS ANGELES (AP) — Viacom Inc. on Wednesday pre-released details about executive pay that show an 85 percent drop in compensation …
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Welcome to Night Vale creators launch Night Vale Presents podcast platform with new fiction series Alice Isn't Dead — ‘Night Vale’ Creators to Start New Podcast Platform — The world of “Welcome to Night Vale,” the popular fiction podcast made up of dispatches from a surreal Southwestern town, is getting bigger.
Discussion:
ExaroNews, The Independent, New York Times, The Daily Dot, Tor.com, Business Insider, The Irish Times, Associated Press, Gay Times and Flavorwire


Judge recommends mediation in Gawker-Hulk Hogan trial — The state court judge overseeing professional wrestler Hulk Hogan's $100 million lawsuit against Gawker Media has recommended that the parties seek mediation rather than a trial, according to court documents.
Discussion:
Tampa Bay Times, Awful Announcing and Fortune
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News Corp denies rumors stemming from CNBC segment that it's interested in buying Twitter — Twitter's Stock Surged, Then Slipped on Takeover Speculation — Twitter's stock received a healthy boost Wednesday afternoon thanks to market speculation that the media giant News Corp may be interested …
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Wall Street Journal, Fast Company, Media Wire Daily, Reuters, Sydney Morning Herald, TechCrunch, Forbes, New York Times, Vanity Fair, TheStreet.com, Telegraph, Businesstoday.in, GeekWire, @kesslerspcapiq, StreetWise Journal, Variety, Bloomberg Business, Reuters, Guardian, SiliconBeat, @alexbarinka, The Wrap, Business Insider, International Business Times, @edmundlee and @jimkennedy250


Axel Springer to launch mobile aggregator Upday in mid-March on new Samsung Galaxy S, Note and tablets in Germany, France, UK, and Poland — Upday Ups the Ante on Mobile News Aggregation — BERLIN—Peter Wuertenberger worked as Managing Director of Yahoo Germany back in the late' 90s …
Discussion:
World News Publishing Focus …


The New York Times launches Modern Love podcast with 48 episodes planned, essays read by celebrities — Why The New York Times finds podcasting to be a ‘natural fit’ for its Modern Love column — The “Modern Love” column, arguably the Internet's favorite New York Times thing to fight …
Discussion:
Nieman Lab, New York Times and Radio Boston


Hearken, which sells software that helps journalists identify which stories their audience wants, raises $700K — With $700,000 funding round, Hearken is scaling up to sell a new kind of journalism — You might be thinking backwards if your newsroom sticks to the following formula:
Discussion:
@wearehearken