Top News:
Melody Guyton Butts / Durham Herald-Sun:
Ailes lectures young journalists — CHAPEL HILL - Fox News chief Roger Ailes offered more than a few words of advice Thursday in a room filled mostly with young journalists, starting with a recommendation that elicited at least a few eye rolls: “I think you ought to change your major.”
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Jim Romenesko:
The Fox Mole numbers — * “I think it's pretty safe to say my career in cable news is over,” says Muto. (NYDN) — * Is Muto a whistle-blowing hero, or disloyal self-promoter? (csmonitor.com) — * “What is Gawker?” asks Ailes. “Is that a pornographic website?” (Hollywood Reporter)
Noam Cohen / Media Decoder:
The New Republic Hawks Access to a ‘Once in a Lifetime’ Dinner — Chris Hughes, the Facebook co-founder who recently bought The New Republic, has promised to use his tech savviness to breathe life into the magazine. On Friday, however, his methods tilted toward old-fashioned hucksterism.
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Dylan Byers / Politico:
Marty Peretz no longer writing for TNR

Apple Fires Back at the Feds, Amazon — Nearly two days after the Department of Justice filed antitrust charges against Apple and major book publishers, Apple is responding. Here's a comment from Apple spokesman Tom Neumayr: … Apple's response is similar to ones made by Penguin Group and MacMillan …
Discussion:
Wired, TechCrunch, Fortune, O'Reilly Radar, Media & Entertainment, MacStories, ABCNEWS, PC Magazine, WebProNews, TUAW, Business Insider, CNET, The Verge, Forbes, Economist, Softpedia News, eBookNewser, 9to5Mac and App Advice
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Jeffrey A. Trachtenberg / Wall Street Journal:
Antitrust Settlement Hits Barnes & Noble Shares
Antitrust Settlement Hits Barnes & Noble Shares
Discussion:
Tech Daily Dose, Media Decoder, SlashGear and Thad McIlroy

PostDesk launches to give long-form journalism and online discussion a shot in the arm — We've previously written that the death of the printing press doesn't mean the death of the press. However, media organizations must evolve and work in new ways, a message that is starting to trickle throughout the press.

CBS' Les Moonves Lands $69.9M In Compensation For 2011, Up 21% — For perspective, Moonves' increase is far less than the 40% rise in CBS' stock in 2011. Still, the CEO's $69.9M package makes him by far the highest paid media CEO for the year among companies that have already filed their annual proxy statements.

New York Designer Putting Together Unofficial Spotify iPad App — Max Petriv is my hero. — My utter disgust at Spotify's inability to produce an official iPad client has been well documented. And Petriv, an interactive UI/UX designer and developer from New York, is taking it upon himself to beat Spotify to the punch.
Discussion:
PandoDaily and The Next Web
Patrick Walters / Business Week:
Developer: Put Philly casino by newspaper building — PHILADELPHIA — A powerful developer wants to build a casino and entertainment complex near the headquarters for Philadelphia's two largest newspapers, an iconic building that he now owns. — Bart Blatstein owns the building that houses …
Discussion:
CBS Philly, JIMROMENESKO.COM and Philly.com

HuffPo science editor asks readers: Is climate science true? — [SEE UPDATE AT BOTTOM] — Hey, Huffington Post: I'm not one to tell you how to do your business — your budget for the time it takes me to write this sentence is bigger than Grist's budget for the year, so you must be doing something right …
Discussion:
The Huffington Post

Bloomberg Businessweek goes magazine-y on the iPhone — Bloomberg Businessweek is testing a question: How well can magazine content work on the iPhone? — Magazine companies have jumped feet first into the iPad marketplace, attracted to the idea that a lean-back medium like magazines …
Discussion:
The FJP

Tumblr Tests New Tools for Users and Brands — Can the Company Be a Business Without Traditional Advertising? Founder David Karp Explains — This may be Instagram's week, but through April, it's been the Year of Tumblr. On Wednesday, the social platform announced a partnership with Spotify.
Discussion:
Marketing Pilgrim, Betabeat and Digiday

With Punch, Tablets Get Their Own Humor Magazine — Have you ever wanted a chance to dress Rick Santorum? What about listening to a playlist of your favorite dictators tackling your favorite musical standards? Now you can, thanks to a new iPad app called Punch.
Discussion:
Capital New York and MediaPost