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2:30 PM ET, July 14, 2012


 Top News: 
Julie Moos / Poynter:
Chicago Tribune suspends work with Journatic as editorial manager resigns  —  Journatic's editorial leader, Mike Fourcher, announced Saturday morning that he has resigned from the outsourcing company because he and the company's founders “fundamentally disagree about ethical and management issues …
Mike Fourcher / Vouchification:
Why I Am Resigning From Journatic  —  This morning I submitted my resignation as Production Manager and head of editorial at Journatic, LLC.  I did so because the founders and I fundamentally disagree about ethical and management issues as they relate to a successful news business.
Om Malik / GigaOM:
In Memoriam: Even in losing, how Digg won  —  The Digg Townhall meeting broadcast live from the Democratic National Convention in Denver, Colorado.  2008. Photo courtesy of Eric Magnuson, via Flickr  —  Having spent a major part of the week sitting on a beach, practically disconnected …
Jeff Bercovici / Forbes:
The Lessons For Facebook, Twitter And Reddit In Digg's Demise  —  If you're Mark Zuckerberg or Dick Costolo or David Karp, what happened to Digg is the kind of thing that messes with your sleep.  If one virtual community can go from being worth almost $164 million to getting sold for parts in just a few years, why not another one?
Spencer E. Ante / Digits:
Kevin Rose: Digg Failed Because ‘Social Media Grew Up’  —  In his first interview since the remains of fallen social media Digg star were sold to Betaworks, Digg's founder Kevin Rose said he sold some company shares during the its venture-capital financing rounds but “did not make a lot of money.”
Brian Morrissey / Digiday:
Digg's Forgotten Legacy: Native Monetization
Discussion: ChasNote
The Daily:
A Letter From The Daily's Editor-In-Chief to the Staff  —  All, A big congratulations to Claire, David, Emma, Bill, Gabriella, Lacey, Ramon, Dongin, Cathy, Dami and all the others involved in creating our great new WKND magazine.  It looks absolutely fantastic and is full of great stories and video.
Staci D. Kramer / paidContent:
Virtual life on the line, The Daily launches WKND  —  News Corp.'s digital tabloid The Daily has been on borrowed time since it was an idea, given enough resources and backing by Rupert Murdoch to launch with a flourish but no guarantee that it would last.  Given the way some projects have gone …
Discussion: The Daily and CNET
Hamilton Nolan / Gawker:
The Daily Was Just a Bad Idea  —  The Daily is a daily newspaper that is available only on iPads.  This was, and remains, a terrible business model.  Consider:  —  1. It is available only on iPads.  —  2. It is a daily newspaper.  —  The Daily's business model combines two limiting factors …
Ari Levy / Bloomberg:
MobiTV Pulls $75 Million IPO, Citing ‘Unfavorable’ Conditions  —  MobiTV Inc. (MBTV) (MBTV), the maker of software that lets smartphone users watch live television, withdrew its plans for an initial public offering, citing “unfavorable market conditions.”  —  The Emeryville, California-based company …
Associated Press:
Thomson Reuters: Gay Marriage Ban Bad For Business  —  MINNEAPOLIS — The legal, business information and media company Thomson Reuters said Friday that an amendment to ban gay marriage in Minnesota would be bad for business.  Prominent companies including General Mills and St. Jude Medical spoke …
Peter Kafka / AllThingsD:
That Was Fast: Big Media Investors Are Okay With Aereo, After All  —  Remember Thursday?  When investors in big TV companies freaked out a bit about Aereo?  —  That's all old news now: All the big media companies that took hits yesterday — Comcast, Viacom, Disney, etc. …
Discussion: Blog and Bloomberg
Paul Tassi / Forbes Real Time:
Battle Royale Between DirecTV, Viacom, Dish and AMC Pushes TV Closer to Irrelevancy  —  If you've been keeping track of the drama surrounding cable TV lately, chances are you have a headache.  First it was Dish upsetting Breaking Bad fans by dropping AMC ahead of this week's premiere …
Discussion: Digital Media Wire
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 More News: 
Andy Plesser / Beet.TV:
BBC Expanding Web Video News Operations in London and Washington to Meet Surging Advertiser Demand
Craig Silverman / Poynter:
Haik: Washington Post web team a ‘disruption layer’ in the newsroom
Dylan Byers / Politico:
The Daily Caller considering a print edition
Discussion: FishbowlDC
Rob Walker / New York Times:
Can Tumblr's David Karp Embrace Ads Without Selling Out?
 Earlier Picks: 
Noah Buhayar / Bloomberg:
Buffett Poised To Add Newspapers As Publishers Face Slump
Keith J. Kelly / New York Post:
TomKat breakup a boon for celebrity mags
Discussion: The Huffington Post and FishbowlNY
Michael Malone / Broadcasting & Cable:
Magid Study: Newspapers Rule Twitter, Stations Rule Facebook
Discussion: iMediaConnection Blog and TVSpy