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6:50 AM ET, July 31, 2010


 Top News: 
Jim Romenesko / Romenesko:
Slate Group pulls the plug on The Big Money  —  A memo to Slate Group employees says: “This has been a difficult decision, in part because so many aspects of the project have worked as we hoped. ...  The problem, in a nutshell, is that the site is not pointed toward profitability on a fast enough timetable.”
Peter Kafka / MediaMemo:
The Big Money Isn't Enough.  Slate Shuts Down Business Site After Two Years.  —  Fortune magazine launched during the Great Depression, and it's still with us today.  * But The Big Money, a business site launched by Slate during the dark days of September 2008, is going away.
How WikiLeaks Could Change the Way Reporters Deal With Secrets  —  For the past several decades, there has been an informal understanding between the reporters who uncovered newsworthy secrets and the government intelligence agencies, which tried to keep them from public view.
Craig Silverman / CJR:
How WikiLeaks Outsourced the Burden of Verification  —  To the Times, The Guardian, and Der Spiegel  —  Julian Assange is upset with The New York Times for talking with the White House about WikiLeaks's trove of Afghanistan documents prior to publication.  Really, though, he should bite his tongue.
Hunter Walker / The Wrap:
Breaking: Piers Morgan Gets CNN Gig  —  NBC Universal Television Entertainment chairman Jeff Gaspin, confirmed that Piers Morgan will be going to CNN at the TCA summer press tour Thursday.  —  Morgan's “America's Got Talent” contract with NBC was the last obstacle standing in the way between …
Sam Schechner / Speakeasy:
NBC Chairman Jeff Gaspin Says There Is ‘Real Health’ in TV Business … Jeff Gaspin, chairman of NBC Universal Television Entertainment, says that after a brutal few years, there are signs of hope in the TV industry.  Gaspin made his comments in a press conference at the semiannual Television …
Discussion: The Wrap and MediaPost
Michael Learmonth / AdAge:
Why Flipboard Won't Help Publishing's Smoldering Model  —  Sure, Smart Publishers Want to Be on Flipboard, But Let's Stop Pretending Why  —  Good news!  Flipboard is ready to log me in via Twitter and Facebook.  It took a while because demand for the new iPad app — a visual …
Michael Oneal / Chicago Breaking Business:
Tribune Co. proposes golden parachutes for top execs … Tribune Co. proposed paying its top 43 executives a severance package of cash and benefits if they are asked by a new board to leave the company after the Chicago-based media conglomerate emerges from bankruptcy.
Discussion: Romenesko
Megan Garber / Nieman Journalism Lab:
WikiLeaks and continuity: What if we had a news outlet exclusively focused on follow-up journalism?  —  In his assessment of the journalistic implications of the WikiLeaked Afghanistan War Logs earlier this week, Jay Rosen made a provocative prediction:
Mark S. Luckie / 10,000 Words:
The Washington Post gets ‘Luckie’; Goodbye Cali, Hello D.C.!  —  I am extremely excited to announce that I have just been named the new National Innovations Editor for the Washington Post.  I will be responsible for helping to coordinate the online strategy for the Post's National desk …
Mandy Jenkins / TBD:
TBD and Foursquare offer a guide to DC dining  —  You've seen on us Twitter, Facebook and Flickr - now TBD's infiltrating Foursquare.  —  Don't worry, we aren't stalking you - we just want to help make social media work a little harder for you.  —  Yeah, that's right - Foursquare and work.
Discussion: Washington Post
Wayne Friedman / MediaPost:
The CW: Getting Digital Dollars, Not Digital Pennies  —  The CW's radical move this past upfront in June — selling a one-for-one package of an Internet commercial and a TV spot to advertisers — has been a big success.  —  This is according to Dawn Ostroff, president of entertainment for the network …
New York Post:
Mag publishers, Apple in subscription app scrap  —  Only three months ago, Apple CEO Steve Jobs was being hailed as a potential savior in the publishing world for getting magazines involved in the launch of the iPad.  Now he's involved in a behind-the-scenes tug-of-war over annual subscriptions …
Discussion: Gawker
Laurel Wentz / AdAge:
Is Your Detergent Stalking You?  —  Brazil's Omo Uses GPS to Follow Consumers Home With Prizes  —  NEW YORK ( — Unilever's Omo detergent is adding an unusual ingredient to its two-pound detergent box in Brazil: a GPS device that allows its promotions agency Bullet to track shoppers and follow them to their front doors.
Discussion: the Econsultancy blog
The Wrap:
Paul Lee a Done Deal at ABC; to Take on TCA Solo (updated)  —  UPDATE: Paul Lee won't have to wait very long to conduct his first TCA executive session as ABC Entertainment president.  —  According to the network, the former ABC Family Channel chief will fly solo during Alphabet Channel's morning …
Michael Triplett / Mediaite:
Gay Media Giant Threatens Former Employee Over Facebook Posts  —  The publisher of the Advocate and Out magazines-Here Media-has sent a letter threatening legal action to a former employee of its skin magazines for making negative comments about the company on his Facebook page.
Rachel McAthy /
Online journalists in Italy protest Wiretapping bill's ‘blog-killing clause’  —  Online journalists in Italy have signed a petition against a so-called “blog-killing clause” in the country's controversial new Wiretapping Bill.  —  According to a report by the AFP, Prime Minister Silvio …
Julia Angwin / Wall Street Journal:
The Web's New Gold Mine: Your Secrets  —  A Journal investigation finds that one of the fastest-growing businesses on the Internet is the business of spying on consumers.  First in a series.  By Julia Angwin  —  Hidden inside Ashley Hayes-Beaty's computer, a tiny file helps gather personal details …
Foster Kamer / Runnin' Scared:
Anatomy of an Error: Why Nobody Got Fired From the New York Post This Week  —  We reported Wednesday on the turmoil an embarrassing New York Post correction caused in the newsroom, fueled by what we heard was rage called down from the top: News Corp owner Rupert Murdoch.  Fun times.
Discussion: Romenesko
KILLING THE MYTHS  —  Chairman of the Editors' Code of Practice Committee  —  THE Press lives by disclosure.  And so, as an industry, we can't complain when caught in the headlights of public scrutiny.  Nor do we.  It is healthy, and we welcome it.  —  Indeed, in a particularly onerous year …
Discussion: Press Gazette and Guardian
Alexis Madrigal / The Atlantic Online:
The 5 Keys to Tumblr for Media Outlets  —  General awareness of the blogging platform Tumblr is rising out there among the Internet masses.  Founded in New York, the service's well-designed templates, ease-of-use, and excellent browser bookmarklet made it a favorite for people looking …
Discussion: Romenesko
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 More News: 
Foster Kamer / Runnin' Scared:
Journalism 101, How TMZ Got The Exclusive on Snooki's Arrest: via Twitter
Discussion: and MyFox Philadelphia
Rob ORegan / eMedia Vitals:
A better way to monetize search traffic?
Lauren Kirchner / CJR:
Bringing a Big Story Home at The Omaha World-Herald
Discussion: Romenesko
Emma Barnett / Telegraph:
Spotify ‘will launch in US by end of 2010’
David Kaplan / paidContent:
United Business Media Profits Rise; More Emerging Markets Acquisitions
Discussion: eMedia Vitals
Peter Lauria / The Daily Beast:
CBS Staffer Alleges Redstone Abuse
Tony Ortega / Runnin' Scared:
Discussion: FishbowlNY
 Earlier Picks: 
Julie Bosman / New York Times:
Barnes & Noble Planning Big Push to Increase Nook Sales
Pioneering Weird News Agency Calls It Quits After 30 Years
Discussion: Romenesko
Frances Martel / Mediaite:
Chris Matthews Retapes Sherrod Segment For 7PM Hardball Rerun After 5PM Flap
Discussion: Newsweek, Hot Air, Salon and Big Journalism
David Kaplan / paidContent:
Belo TV Station Website Revenue Rises
Jason Fell / Folio:
Transcending Print  —  Last week, Condé Nast announced …
Richard MacManus / ReadWriteWeb:
Video Content Farms: Howcast

From Techmeme:

Kim Zetter / Wired:
AT&T appears to have paid a member of ShinyHunters $370K+ to delete call records stolen from AT&T's Snowflake account that exposed “nearly all” of its customers

Lauren Thomas / Wall Street Journal:
Sources: Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23B; Wiz raised $1B at a $12B valuation in May 2024

Wes Davis / The Verge:
Apple approves the first PC emulator for iOS, UTM SE, weeks after initially rejecting and barring it from being notarized for third-party app stores in the EU

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