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7:50 PM ET, February 1, 2012


 Top News: 
Facebook's IPO announcement  —  Full coverage as the social network launches the biggest-ever stock market listing for a technology company  —  12.17am: This article from Dan Randall of Reuters explores the options for investors who want a stake in Facebook on the first day of trading.
Ryan Chittum / CJR:
The Old-School Value of Facebook  —  The New York Times's curtain-raiser on the Facebook IPO this morning asks, “Personal Data's Value?  Facebook Is Set to Find Out.”  —  But is that really what Facebook is set to find out?  The Times says about all this private data …
Mathew Ingram / GigaOM:
Facebook wants to rewire the way the world works
Zach Carter / The Huffington Post:
‘Gasland’ Journalists Arrested At Hearing By Order Of House Republicans  —  In a stunning break with First Amendment policy on Capitol Hill, House Republicans directed Capitol Hill police to detain a highly regarded documentary crew that was attempting to film a Wednesday hearing on a controversial natural gas procurement practice.
Talia Buford / Politico:
Josh Fox arrested at hearing  —  Photo courtesy of the office of Rep. Paul Tonko  —  Oscar-nominated documentary filmmaker Josh Fox was arrested Wednesday morning after attempting to film a House Science Committee hearing on hydraulic fracturing.  —  Fox was led out in handcuffs …
Joe Pompeo / Capital New York:
Times and 12 other news organizations write another letter to the NYPD, calling for answers in police treatment of the press  —  Police during the Occupy Wall Street ‘Day of Action.’ Adrian Kinloch  —  The New York Times fired off another letter to the Police Department today on behalf of 13 …
Discussion: Gothamist and Future of Journalism
Steven Greenhouse / Media Decoder:
Former Intern Sues Hearst Over Unpaid Work and Hopes to Create a Class Action  —  5:23 p.m. |  Updated A former unpaid intern for the fashion magazine Harper's Bazaar filed a lawsuit on Wednesday, accusing its parent company, the Hearst Corporation, of violating federal and state wage …
Steve Myers / Poynter:   Former Harper's Bazaar intern suing Hearst may want to rethink career goal
Jeff Bercovici / Mixed Media:
AOL's Armstrong: Some Patches DID Turn Profitable in 2011  —  Armstrong.  Image by Getty Images North America via @daylife  —  It's not like AOL chairman Tim Armstrong to hide his light under a bushel, but when it comes to Patch, the company's hyperlocal network, he may have done just that on this morning's earnings call.
Kara Swisher / AllThingsD:
AOL Beats Low Expectations, Increasing Ad Revenue and Slowing Total Decline in Q4 (Plus Charts!)
Jeff Bercovici / Mixed Media:
Is AOL Retreating on Its Patch Profitability Promise?
Jana Winter / Fox News:
EXCLUSIVE: Wikileaks to move servers offshore, sources say  —  Julian Assange's investors are in the process of purchasing a boat to move WikiLeaks' servers offshore in an attempt to evade prosecution from U.S. law enforcement, has learned.  Multiple sources within the hacker community …
Tom Espiner / ZDNet:
Assange's Supreme Court extradition appeal kicks off
Discussion: CNN, WebProNews and Guardian
Robert Booth / Guardian:
Julian Assange extradition breaches legal principle, lawyer claims
David Kravets / Threat Level:
Google to Censor Blogger Blogs on a ‘Per Country Basis’  —  Google has quietly announced changes to its Blogger free-blogging platform that will enable the blocking of content only in countries where censorship is required.  —  Twitter announced technology last week addressing the same topic.
Brian Stelter / Media Decoder:
Wall Street Journal Co-Anchor to Move to CNBC  —  Kelly Evans, who became a video star at a place not known for that sort of thing, The Wall Street Journal, is moving to the television network CNBC.  —  Ms. Evans will be an on-air reporter for the network, the CNBC senior vice president Nik Deogun …
Lucas Shaw / The Wrap:
L.A. Times Revenue Officer Departs (Exclusive)  —  Los Angeles Times executive John T. O'Loughlin will become the latest high-ranking official to leave the newspaper, TheWrap has learned.  —  O'Loughlin serves as the Times' Executive Vice President of Advertising and Chief Revenue Officer …
Discussion: JIMROMENESKO.COM and FishbowlLA
Lauren Lloyd / LAist:
Former L.A. Times Employee Warns Of Impending Massive Writer Layoff
John Stevens / Daily Mail:
Email to James Murdoch telling him hacking was rife at NotW was deleted days before police launched investigation  —  An email warning James Murdoch that phone-hacking was ‘rife’ at the News of the World was deleted from his inbox days before police started an investigation into the newspaper, it was revealed last night.
Discussion: New York Times
Mark Hughes / The Telegraph:   Glenn Mulcaire ordered to reveal who told him to hack phones
Roy Greenslade / London Evening Standard:   Arrests leave Sun journalists feeling cast off by Rupert
Ryan Lawler / GigaOM:
YouTube could introduce a subscription service of its own  —  At the D:Dive Into Media conference Tuesday, YouTube CEO Salar Kamangar gave his views on how the video marketplace is evolving both online and off.  While much of the company's efforts have been based on advertising …
Julie Moos / Poynter:
Andrew Beaujon joins Poynter in February as Senior Online Reporter  —  I'm happy to announce that Andrew Beaujon will join The Poynter Institute later this month as Senior Online Reporter.  Andrew comes to the Institute from TBD, where he has been arts editor since May 2010.
Discussion: FishbowlLA
Dylan Stableford / Yahoo! News:
Yahoo News hires Olivier Knox as its first White House correspondent  —  Yahoo News has hired Olivier Knox, Congressional correspondent for Agence France-Press, to be its White House correspondent—the first in Yahoo's 16-year history.  —  Knox—who has spent more than a decade with AFP covering politics …
Press Gazette:
Up to 75 more journalists to go at Mirror titles and People  —  Trinity Mirror has announced proposals to cut up to another 75 editorial jobs across the Daily Mirror, Sunday Mirror and People.  —  The company has announced a restructure that will see it integrate newsrooms across all three titles …
Eddie Scarry / FishbowlDC:
Operation ‘Butter Up FNC’ in Full Force by Politico  —  Politico has been working diligently to defrost its icy relationship with Fox News as of late.  And it appears to be paying off, or at least moving in a cozier direction.  —  FishbowlDC has learned that FNC's media relations department has been forced to “soften up” on Politico.
Discussion: TVNewser, FishbowlNY and Politico
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 More News: 
Joe Pompeo / Capital New York:
NYPD: Officer who obstructed ‘Times’ photographer during O.W.S. protest got a reprimand
Discussion: The Huffington Post
Jim Romenesko:
Town apologizes for arresting News & Observer reporter
Felicia Pride / FishbowlNY:
Good News: More People are Visiting Newspaper Websites
Discussion: NetNewsCheck Latest and MediaPost
David Pierce / The Verge:
Longform iPad app brings the web's best reads into one place (hands-on)
Enrico Campitelli Jr / The700Level:
Philadelphia Daily News and Inquirer Sports Desks to Work Together
Peter Bright / Ars Technica:
Barnes & Noble faces setback in Microsoft antitrust complaint
Discussion: FOSS Patents, Engadget and PC Magazine
 Earlier Picks: 
Alexander Abad-Santos / The Atlantic Wire:
Time to Ask if Vanity Fair Is Racist (Again)
Tom Cheredar / VentureBeat:
Senate Democrats don't like the idea of a Netflix Facebook app
Laura Hazard Owen / paidContent:
Amazon: Print Book Unit Sales Up; More Content For Prime
Craig Silverman / Poynter:
Star-Ledger corrects story that sparked James O'Keefe lawsuit
John Paczkowski / AllThingsD:
Vevo CEO Rio Caraeff: We Made $150 Million Last Year
Discussion: The Wrap
John Ellis / BuzzFeed:
Big Media Is About To Pull The Plug On Newt Gingrich