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8:50 AM ET, February 2, 2012


 Top News: 
Mathew Ingram / GigaOM:
Facebook wants to rewire the way the world works  —  There's a lot to take in when it comes to the much-anticipated Facebook IPO filing — the company's massive user base of 845 million (more than half of whom log on at least once a day), the $1 billion in net income it made last year, the almost $4 billion in revenue, and so on.
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 …
Facebook's $5 Billion IPO: The Next Google?  Or The Next Groupon?  —  Facebook is finally going public.  —  On Wednesday, Facebook filed the prospectus for its initial public offering.  The social giant seeks to raise $5 billion in initial funding.  That's in line with some of the largest IPOs …
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
Discussion: Mediaite
Joe Pompeo / Capital New York:
Times and 12 other news organizations write another letter to the NYPD, calling for answers …
Martin Evans / Telegraph:
Police investigating allegations of email hacking at The Times  —  The Metropolitan Police are investigating allegations of email hacking at the Times Newspaper, sources have revealed.  —  It is understood the investigation relates to claims that a former reporter at the Murdoch owned newspaper hacked …
Times editor faces Leveson inquiry recall over Nightjack email hacking  —  Exclusive: James Harding faces more questions after journalist broke into policeman's Hotmail to expose him as blogger  —  The editor of the Times, James Harding, is to be recalled to the Leveson inquiry …
Discussion: Poynter and Tom Watson MP
Brian Stelter / New York Times:
Tumblr Hires Writers to Cover Itself  —  The popular social blogging site Tumblr is hiring writers and editors to cover the world of Tumblr.  —  Chris Mohney, a senior vice president for content at BlackBook Media, will be the site's editor in chief.  Jessica Bennett, a senior writer …
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
Robert H. Christie / @nytprguy:
Robert H. Christie / @nytprguy:
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 …
Jeff Sonderman / Poynter:
Stumped New York Times reporter crowdsources ID of a rare bomb  —  Senior writer C.J. Chivers (a former Marine) knows his way around battlefield munitions, but for six months he and other experts have been stumped trying to identify an unusual cluster bomb found in Libya.
Discussion: At War
Jeanine Poggi / AdAge:
Is Netflix Kids' Streaming Part of Nickelodeon's Ratings Drop?  —  Netflix Users Streamed 2 Billion Hours in the Fourth Quarter  —  Netflix is adamant that its streaming service will not cannibalize the cable industry, but Nickelodeon's recent ratings decline may provide the first suggestion …
David Benoit / Deal Journal:
Netflix & Wash Post Bought $8M Combined In Facebook Ads Last Year  —  It's not just Zynga that's creating revenues for Facebook.  The social network's getting a good dose of advertising revenue from the combined duo of the Washington Post and Netflix.  —  According to the filing …
Discussion: Poynter
Katherine Fung / The Huffington Post:
Amanpour Gears Up For New Show  —  CNN has announced the name and format of Christiane Amanpour's new show, which will debut on CNN International in the spring.  The international correspondent will host “Amanpour,” a half hour program featuring a mix of international news and interviews.
Josh Sternberg / Digiday:
The Daily After One Year: Some Lessons Learned  —  A year ago, The Daily launched with much fanfare.  News Corp. CEO Rupert Murdoch declared, “We believe The Daily will be the model for how stories are told and consumed in this digital age.”  —  If nothing else, it has proven that the future never travels in a straight line.
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.
Discussion: Business Insider and Betabeat
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 …
Lauren Lloyd / LAist:   Former L.A. Times Employee Warns Of Impending Massive Writer Layoff
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 More News: 
Justin Ellis / Nieman Journalism Lab:
Hello Tokyo! The Guardian experiments in immersive video with Condition One
Discussion: Guardian and The Next Web, Thanks:@jbenton
Josh Sternberg / Digiday:
Jim Bankoff's Second Act
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
Eddie Scarry / FishbowlDC:
Operation ‘Butter Up FNC’ in Full Force by Politico
Discussion: TVNewser, Politico and FishbowlNY
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)
 Earlier Picks: 
Roy Greenslade / London Evening Standard:
Arrests leave Sun journalists feeling cast off by Rupert
Discussion: Guardian
Julie Moos / Poynter:
Andrew Beaujon joins Poynter in February as Senior Online Reporter
Peter Bright / Ars Technica:
Barnes & Noble faces setback in Microsoft antitrust complaint
Discussion: Engadget, PC Magazine and CNET
Robert Booth / Guardian:
Julian Assange extradition breaches legal principle, lawyer claims
Discussion:, WebProNews and ZDNet
Jana Winter / Fox News:
EXCLUSIVE: Wikileaks to move servers offshore, sources say