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1:20 PM ET, October 30, 2012


 Top News: 
Sarah Lacy / PandoDaily:
Could Sandy be Instagram's big citizen journalism moment?  —  Facebook's $750 million purchase of Instagram was clearly good for its founder.  But it's hard to argue that being owned by Facebook hasn't been good for Instagram the company as well.  —  After the announcement of the deal …
Julie Moos / Poynter:
CNN, Weather Channel inaccurately report that New York Stock Exchange is under 3 feet of water  —  During Monday night's coverage of damage due to storm system Sandy, both CNN and the Weather Channel inaccurately reported that the New York Stock Exchange was under three feet of water.
John Herrman / BuzzFeed:
Twitter Is A Truth Machine  —  There was no shark in Brigantine, and certainly no beached seal in Manhattan.  The NYSE trading floor did not flood, and the 10 or more Con Edison workers trapped at a damaged plant turned out not to exist.  These rumors were briefly and embarrassingly juxtaposed …
David Carr / Media Decoder:
As Sandy Takes Its Time, TV News Is an Endless Loop of Anticipation  —  One of the blessings of Hurricane Sandy, if there are any, is its status as a very slow moving weather event.  —  The lead time has given people in the affected area — a broad swath of the Northeast and the Mid-Atlantic …
Peter Kafka / AllThingsD:
Sandy Soaks Gawker, HuffPo, BuzzFeed  —  Tons of great Sandy coverage on the Web last night and this morning.  Largely absent from the conversation, though, are three New York-based news/aggregation sites: BuzzFeed, Gawker and the Huffington Post.  —  All three publishers relied on Datagram …
Kashmir Hill / Forbes:
Hurricane Sandy and The Flood of Social Media Misinformation  —  Sandy came and went in D.C. without leaving much of a footprint beyond a four-day weekend and power outages in the low thousands.  New York and New Jersey, though, were ravaged: flooding, explosions, home-destroying fires …
Jeff Sonderman / Poynter:
Instagram users are posting 10 Hurricane Sandy pictures every second
Julie Moos / Poynter:
New York Times circulation up 40% as newspaper numbers generally flat  —  The latest report from the Audit Bureau of Circulations finds that daily circulation for the nation's newspapers was down 0.2 percent compared to the same period last year.  Sunday circulation was up 0.6 percent.
Andrew Beaujon / Poynter:
Washington Post Sunday circulation drop bad, but not quite as bad as it looks  —  The Washington Post's average Sunday circulation dropped 20.2 percent over 2011, according to the most recent Audit Bureau of Circulations report.  But just like in the May report, the September report didn't count …
Joe Nocera / New York Times:
The Right Man for the Job?  —  The position of chief executive of The New York Times Company is not the easiest to fill.  —  There are, to start with, the obvious business challenges: like all newspaper companies, the Times Company has struggled financially as the Internet has eroded its traditional revenue sources.
Discussion: Guardian, The Raw Story and @dansabbagh
Jim Romenesko:
NYT publisher to NYT columnist: No comment on Mark Thompson  —  New York Times columnist Joe Nocera writes in his column about incoming New York Times Co. CEO Mark Thompson: Arthur Sulzberger is in a difficult spot.  He believes strongly that he's got the executive he needs to lead The Times …
Gabriele Parussini / Wall Street Journal:
France Calls On Google to Settle Rift With Publishers  —  PARIS—France will consider adopting legislation that would force Google Inc. to pay for the right to cite news articles online if the U.S. search giant fails to settle a long-running dispute with French news publishers …
Discussion: NetNewsCheck Latest
Robert Andrews / paidContent:
Google News wars are here again: Schmidt vs France on ‘news tax’
Discussion: The Register
Mark Sweney / Guardian:
Financial Times imposes recruitment freeze  —  The Financial Times has imposed a recruitment freeze and a ban on all but the most essential travel, to control costs in a tough advertising market.  John Ridding, the Financial Times chief executive, outlined the measures in an internal email …
Mathew Ingram / GigaOM:
What Tumblr can tell us about the future of media  —  If there was any doubt left that Tumblr is trying to become more of a mainstream media entity, albeit with its own odd twist, it was removed recently when the service hired bloggers to cover the Republican and Democratic national conventions …
Discussion: NetNewsCheck Latest, Thanks:@sanchezjla
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 More News: 
Emil Protalinski / The Next Web:
YouTube is down for some as users report unreliable service for several hours
NBC Chicago:
First Lawsuit Filed in Barnes & Noble Hacked PIN Pad Case
Bolivian journalist Fernando Vidal set alight on air
Andrew Laughlin / Digital Spy:
BBC iPlayer goes live on Sky+ catch-up TV service
Discussion: and Telegraph
Laura June / The Verge:
Why is an ebook ever riddled with typos?
Tanzina Vega / New York Times:
Univision to Start Its First Digital Network
Alan D. Mutter / Reflections of a Newsosaur:
Newspapers lost 31.5% of ad share in 4 years
Discussion: NetNewsCheck Latest
 Earlier Picks: 
Ingrid Lunden / TechCrunch:
Pandora's New iOS And Android Apps Get The Facebook Treatment: Listening Timelines …
Discussion: AdAge and Fast Company
Roku cross-platform search supports Netflix, Amazon Instant, Hulu Plus, HBO GO, Vudu
Dylan Byers / Politico:
Nate Silver: One-term celebrity?
Discussion: TechCrunch, The Week and BuzzFeed
B&N's E-Ink Devices Go On Sale in U.K. Today
Bill Carter / Media Decoder:
Anderson Cooper Talk Show Won't Return for a Third Season