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11:35 PM ET, August 11, 2014


 Top News: 
Caroline O'Donovan / Nieman Journalism Lab:
With $50 million, BuzzFeed growth calls for sharper lines between news and the other stuff  —  The New York Times' Mike Isaac was the first to report late Sunday night that BuzzFeed had raised $50 million in new venture funding from Andreessen Horowitz. … The story was followed by a chorus of blog posts and press releases.
Felix Salmon / Medium:
Don't compare BuzzFeed to newspapers; compare it to agencies, reaching young, mobile audiences  —  Normally, when some big deal is announced in the business world, a rah-rah press release goes out and then smart journalists start explaining what's really going on.
Peter Kafka / Re/code:
A16Z's Chris Dixon: BuzzFeed, which could reach 10X-100X the audience of past media empires, is a bargain at $850M valuation  —  How Jonah Peretti and BuzzFeed Got to $850 Million  —  We passed the billion dollar mark awhile ago.  Today a hot tech company is worth multiple billions of dollars, easily.
Laura Kosann / The New Potato:
BuzzFeed's Founding Editor Peggy Wang on the future of digital media and how she consumes it
Jezebel staff accuse Gawker of not dealing with trolls posting violent porn images in comments  —  We Have a Rape Gif Problem and Gawker Media Won't Do Anything About It  —  Working at Gawker Media is a dream job for many of the women on staff here at Jezebel.
Kristen Hare / Poynter:
Jezebel staffers wanted to 'light a fire under management's collective ass'  —  On Monday, Jezebel staff filed a post entitled “We Have a Rape Gif Problem and Gawker Media Won't Do Anything About It.”  The post shared that “For months, an individual or individuals has been using anonymous …
Mat Honan / Wired:
If you like everything on Facebook, brands and content mills like Upworthy dominate News Feed  —  I Liked Everything I Saw on Facebook for Two Days.  Here's What It Did to Me  —  There's this great Andy Warhol quote you've probably seen before: “I think everybody should like everybody.”
Sarah Buhr / TechCrunch:
BeachMint Gets Lucky In Joint Venture With Conde Nast  —  E-commerce platform BeachMint announced it will take over all operations for Lucky Magazine today.  The takeover is part of a newly formed joint venture between BeachMint and magazine publishing giant Conde Nast.
Greg Gilman / The Wrap:
Los Angeles Times Names Austin Beutner New CEO and Publisher  —  Beutner succeeds Eddy W. Hartenstein, who was the Times publisher for six years  —  Austin Beutner, the civic leader and former Wall Street investment banker, has been named the new publisher and chief executive officer …
Jeff Bercovici / Forbes:
A Year After Its Disastrous Launch, Bustle Is Doing Better Than OK  —  It would be hard to make a less auspicious entrance than the one Bustle, the women's general interest site started by Bleacher Report co-founder Bryan Goldberg, managed for itself one year ago.
Nick Summers / The Next Web:
Ghost gives its blogging platform a huge upgrade before moving to a 2-4 week release cycle  —  Ghost has updated its open-source blogging platform with a bevy of technical improvements that should help it to compete with established competitors such as WordPress, Tumblr and Medium.
James Poniewozik / TIME:
Hashtag activism after a fatal police shooting serves as grassroots media criticism  —  IfTheyGunnedMeDown and What Hashtag Activism Does Right  —  Social media protests have their limits, but one thing they're very, very good at is grassroots media criticism.  —  The injury, a deadly one, came first.
Lucia Moses / Digiday:
Yahoo Finance reboots with unpaid contributor network on Tumblr  —  Yahoo Finance tries to reboot with a platform publishing model  —  Can Yahoo Finance get its groove back?  The once-dominant online finance publisher is leaning on fellow Yahoo property Tumblr to power a revamped contributor network …
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 More News: 
Hannah Francis / The Australian:
Australian telecommunications company Telstra acquires video platform Ooyala for $AU291M
Jenny Rogers / City Desk:
Stephen Smith Is Out at Washington Examiner
Mark Sweney / Guardian:
BSkyB takes on rivals with weekly pay-as-you-go sports online tariff
 Earlier Picks: 
Todd Spangler / Variety:
Demand Media Hires Sean Moriarty, Ex-CEO of Ticketmaster, as Chief Exec
Discussion: The Wrap
Tanveer Ali / Columbia Journalism Review:
Local news outlets are joining the data journalism bandwagon
Olga Khazan / The Atlantic Online:
Why Are There So Many Women in Public Relations?
Discussion: @familyunequal and @jayrosen_nyu
Ravi Somaiya / New York Times:
Harper's Publisher Standing Firm in His Defense of Print and Paywall