Top News:
Kara Swisher / Re/code:
Yahoo is exploring “strategic alternatives”, says its chairman; CEO Marissa Mayer outlines plans for $400M in cost cuts and asset sales that could bring in $1B+ — Yahoo for Sale, Says Yahoo, Finally Admitting the Obvious (Also Q4 Results!) — Who cares how Yahoo's business performed in its fourth quarter?
Discussion:
Mashable, Fortune, FishbowlNY, New York Times, Wall Street Journal, BuzzFeed, StreamDaily, Business Wire, VentureBeat, Fortune, London Evening Standard, Bloomberg Business, New York Times, The Indian Express, TechSpot, Canadian Press, Ars Technica, Gizmodo, TechCrunch, Reuters, Daily Mail, USA Today, Mercury News, Business Insider, Vanity Fair, Business Insider, The Wrap, Wall Street Journal, Ad Age, @eringriffith, The Next Web, @digitalshields, @digitalshields, Benzinga and The Verge
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William Alden / BuzzFeed:
Yahoo writes down Tumblr's value by $230M, nearly a quarter of what it paid for it in 2013 — Tumblr Has Lost Almost A Quarter Of Its Value Under Yahoo's Ownership — The scene at Tumblr's Year In Review 2014 at Brooklyn Night Bazaar. — Rob Kim / Getty Images
Discussion:
Engadget, Quartz, Fortune, Tech Times, Wall Street Journal and Business Insider
Ken Yeung / VentureBeat:
Yahoo announces 15% staff cut, will close 5 overseas offices as part of “aggressive strategic plan”, $1.27B in quarterly revenue, up 1.5% YoY, beating estimates
Yahoo announces 15% staff cut, will close 5 overseas offices as part of “aggressive strategic plan”, $1.27B in quarterly revenue, up 1.5% YoY, beating estimates
Discussion:
Fortune, New York Post, Al Jazeera America, MediaNama, Financial Post, Los Angeles Times, Los Angeles Times, Variety, NPR, USA Today, Financial Times, Deadline, Business Insider, Forbes, Adweek, GeekWire, Business Insider, ZDNet, Tech Trader Daily, AOL, The Wrap, WWD, Reuters, @benfritz, Re/code, TechCrunch, Guardian, Talking New Media, @jswartz, @dmac1, @dmac1 and The Tell
Betsy Reed / The Intercept:
The Intercept says reporter Juan Thompson fabricated quotes, used fake email accounts to impersonate people, including alleged source, was on staff until Jan. — A Note to Readers — The Intercept recently discovered a pattern of deception in the actions of a staff member.
Discussion:
Gawker, Breitbart, BuzzFeed, News Blog, Riverfront Times, @craigsilverman, New Republic, Talking Points Memo, Mashable, Talking New Media, Mediaite, iMediaEthics, The Wrap, The Daily Caller, Talking New Media, The New York Observer, Guardian, @moneyries, One Man & His Blog, @jktrotter, Editor & Publisher, @normative, @laura_nelson, @laurenpelley, @chrismlusk, @onthemedia, @jessebrown, @markamesexiled, @kelkord, @jacobinism, @jktrotter, @barryap1, @katzish, @weareyourfek, @sonnybunch, @janelytv, @lpolgreen, @mattschiavenza, @adamserwer, @robertfeder, Daring Fireball, @amandahess, @underoak, @nycsouthpaw, @hadas_gold, @scottleadingham, @weareyourfek, @mattaikins, @palafo, @mlcalderone, @raju, @monkeycycle_org, @lachlan, @craigsilverman, @timothys and @cashut
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Sydney Smith / iMediaEthics:
Talking Points Memo Unpublishes Juan Thompson Essay, Trust with Writer ‘Irrevocably Broken’ — Talking Points Memo unpublished a freelance first-person essay by Juan Thompson, The Intercept reporter who was fired for fabrication. — Talking Points Memo said it didn't believe Thompson's story …
Discussion:
Talking Points Memo, Re/code, New York Times, Slate, The Huffington Post, New York Daily News, Robert Feder, Poynter and USA Today
Jeffrey A. Trachtenberg / Wall Street Journal:
Time Launches New Site Called ‘Motto’ for Young Women — Publisher aims to ramp up digital advertising with content focused on life, work and play — Magazine publisher Time Inc. has launched a new website called Motto aimed at younger women looking for advice about life, work and play.
Discussion:
FishbowlNY, Media Wire Daily and Business Wire
Alex Weprin / Politico:
ESPN's FiveThirtyEight launching a presidential documentary series — FiveThirtyEight, the ESPN-owned news site which emphasizes data over political punditry, is launching a documentary series called “FiveThirtyEight's Election.” — The six-part series, which will be produced by ESPN Films …
Greg Bensinger / Wall Street Journal:
Amazon plans to open “300 to 400” brick-and-mortar bookstores, according to CEO of mall operator General Growth Properties — Amazon Plans Hundreds of Brick-and-Mortar Bookstores, Mall CEO Says — Amazon.com is planning to open as many as 400 brick-and-mortar bookstores …
Discussion:
New York Times, CNBC, CNET, Street Fight, VentureBeat, UPI, Chicago Tribune, Biz Beat Blog, Vox, Vanity Fair, Gizmodo, Newsweek, App Advice, Engadget, Reuters, Reuters, Fast Company, GeekWire, TIME, USA Today, Ars Technica, Fortune, Business Insider, Racked, ZDNet and Tech Insider
J.K. Trotter / Gawker:
Harper's Editor-in-Chief Christopher Cox Suddenly Fired After Editing Only Three Issues — Last fall, Harper's publisher and CEO John R. MacArthur promoted Christopher Cox, then serving as deputy editor of the 165-year-old literary and political magazine, to editor-in-chief.
Discussion:
FishbowlNY, New York Times, bookforum.com, The Huffington Post, @evaholland and @mathewi
Philip Wen / Sydney Morning Herald:
Chinese journalist Li Xin in custody in China after being repatriated from Thailand: wife — Beijing: A Chinese journalist and activist who disappeared while seeking refuge in Thailand has re-emerged in China, telling his wife by telephone that he is being held by police.
Hollywood Reporter:
New York City mayor Bill de Blasio appoints Julie Menin as city's film czar as agency expands into more segments including digital distribution — Julie Menin Named New York City Film Czar — Julie Menin has been chosen by Mayor Bill de Blasio to serve as New York City's new film czar, it was announced Tuesday morning.
Discussion:
Crain's New York Business, New York Post, New York Daily News, Jewish Voice, JP Updates, @tatianasiegel27, Variety, Deadline and Variety
Christopher Palmeri / Bloomberg Business:
ESPN Teams Up With Tencent to Offer Sports Online in China — Disney sports division will provide live games, commentary — Accord includes NBA, college basketball and X Games events — Walt Disney Co.'s ESPN division will offer live games and Mandarin-language sports commentary online …
Discussion:
The Wrap, Variety, Hollywood Reporter, SportsPro Media, FierceOnlineVideo News, KBSL-TV, Rapid TV News, Advanced Television, Benzinga and GeekWire
Malathi Nayak / Reuters:
Comcast Q4: beats expectations with $19.25B total revenue, up 8.5%, video subscribers up 89K; NBCU revenue up 13% to $7.5B — Comcast revenue beats Street as NBCUniversal, Internet units grow — Comcast Corp posted better-than-expected fourth-quarter revenue on Wednesday …
Discussion:
Multichannel News, Deadline, The Wrap, Broadcasting & Cable, Associated Press, International Business Times, The Hill, Broadcasting & Cable, Telecompaper, Advanced Television, The Verge, Wall Street Journal, USA Today, Variety, Hollywood Reporter, Philly.com, Daily Mail, DSLreports and Business Wire