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8:55 PM ET, May 12, 2012

Mediagazer

 Top News: 
Mathew Ingram / GigaOM:
My personal take: 3 reasons I don't like newspaper paywalls  —  We've written a lot at GigaOM about the rise of newspaper paywalls, a trend that seems to be accelerating as the financial health of the industry continues to deteriorate, and in particular I've written a number of posts about what I see as the downsides of paywalls.
RELATED:
Steve Ladurantaye / Globe and Mail:
Globe to charge readers for online content
Tom McGeveran / Capital New York:
Jason Horowitz and ‘The Washington Post’ won, and the rest is political noise  —  There were lots of moments in Jason Horowitz's piece in The Washington Post yesterday morning about presidential candidate Mitt Romney's high-school days at the elite Cranbrook Schools in Michigan.
RELATED:
Andrew Beaujon / Poynter:
Washington Post adds Editor's Note to Romney bullying story; Ombud weighs in  —  The Washington Post has added an editor's note to its story about Mitt Romney's high school days.  “We should have been clearer about it and we are adding an Editor's note to the story to explain the change,” …
Tommy Christopher / Mediaite:
Tamron Hall Reams Tim Carney, Cuts His Mic For Accusing Her Of ‘Media Trick’  —  During a segment on the Mitt Romney campaign's poor handling of the fallout from the Washington Post bullying story, News Nation host Tamron Hall got into it with frequent MSNBC guest and Washington Examiner …
Nat Ives / AdAge:
Time's Perfect Controversy: Advertisers, Retailers Fine With Breast-feeding Cover  —  Gets More Subscription Orders in One Day Than the Whole Week Before  —  Time may have just stoked the perfect controversy: It got everybody talking but made very few people actually angry.
Neal Ungerleider / Fast Company:
Twitter Developing Original Sports Content  —  @JohnMadden @MarvAlbert @BobCostas Watch your backs.  #TwitterSports.  —  Sports fans are one of Twitter's core audiences.  The microblogging giant hasn't been shy about their interest in working with established brands …
Peter Osnos / The Atlantic Online:
The Good News About Foreign Media Coverage  —  This year's Overseas Press Club of America awards shows that, even if international reporting resources and bureaus are being scaled back, the quality is still excellent.  —  Every spring, the Overseas Press Club of America has a banquet to hand …
Julie Bosman / Media Decoder:
Houghton Mifflin Harcourt Enters Bankruptcy Process  —  Houghton Mifflin Harcourt, the educational and trade publisher in Boston, has agreed with most of its creditors to eliminate $3.1 billion of debt and enter a prearranged Chapter 11 bankruptcy process, the company said on Friday.
Discussion: GalleyCat
Beth Healy / The Boston Globe:
New York Times Co. sells its remaining stake in the Boston Red Sox  —  The New York Times Co. said it has sold its remaining share of Fenway Sports Group, which includes the Boston Red Sox, for $63 million.  —  The sale, to undisclosed buyers believed to be current minority owners of the team …
Reuters:
U.S. Senate to hold hearing on Universal-EMI deal  —  WASHINGTON, May 11 (Reuters) - A U.S. Senate antitrust subcommittee is planning a hearing to discuss Universal Music Group's plan to buy EMI's recorded music unit, a deal that would bring the market share of the No. 1 music giant to 40 percent.
Ryan Chittum / CJR:
The Washington Post Co.'s Self-Destructive Course  —  Dividends, share buybacks, and an anti-paywall stance help bleed the paper dry  —  The Washington Post Company's dismal quarterly earnings release last week was received with something of a shrug—more of the same.
Ingrid Lunden / TechCrunch:
No Tablet News From Nokia, But It's Launching A Reading App Powered By OverDrive  —  There are still some big question marks over what Nokia plans to do in tablets — a market where it is now possibly the only major smartphone maker yet to make a device — but at least Nokia is moving ahead with the launch of tablet-friendly services.
New York Times:
Rebekah Brooks Testifies About Relationships With British Elite  —  LONDON — Offering a rare glimpse into the personal relationship between political power and the press in Britain, Rebekah Brooks, the former chief executive of Rupert Murdoch's British newspaper subsidiary …
RELATED:
Dan Sabbagh / Guardian:   Rebekah Brooks tells the Leveson inquiry of more meetings with David Cameron
 
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 More News: 
Josh Sternberg / Digiday:
The Atlantic Media's Digital Transformation
Discussion: Folio
Robin Wauters / The Next Web:
Slashnot? Geeknet mulls sale of online media businesses, including Slashdot and SourceForge
Jeff John Roberts / paidContent:
Search engines have same speech rights as the New York Times, says Google report
 Earlier Picks: 
Alex Weprin / TVNewser:
NBC Yanks ‘Rock Center’ From May Sweeps, Presence on Fall Lineup Unclear
Jessica Roy / Betabeat:
Daily Foodie Newsletter Tasting Table is Gobbling Up Revenue
 

 
From Techmeme:

Kris Holt / Engadget:
Microsoft unveils Copilot+ PCs as a new class of AI-capable Windows PCs with at least 40 TOPs of NPU performance, with several OEMs and chipmakers on board

Sergiu Gatlan / BleepingComputer:
DOJ announces the arrest of a Taiwanese national at JFK Airport who allegedly owned Incognito Market, a dark web site used by 200K+ to buy $100M+ worth of drugs

Samantha Cole / 404 Media:
Following a tip from Instagram to the NCMEC, the FBI arrested a man for producing and distributing AI-generated images of minors engaged in sexual conduct

 
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