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8:40 PM ET, December 16, 2014

Mediagazer

 Top News: 
Ken Kurson / The New York Observer:
EXCLUSIVE: New York Mag's Boy Genius Investor Made It All Up  —  It's been a tough month for factchecking.  After the Rolling Stone campus rape story unraveled, readers of all publications can be forgiven for questioning the process by which Americans get our news.
RELATED:
New York Magazine:
An Apology to Our Readers  —  An Apology to Our Readers  —  In the most recent edition of New York, its annual Reasons to Love New York issue, the magazine published a story about a Stuyvesant High School senior named Mohammed Islam, who was rumored to have made $72 million trading stocks.
Jim Romenesko:
Reporter behind NY Mag's high school investor story to join Bloomberg's investigative unit; Bloomberg declines to comment on scandal  —  Is Bloomberg News still hiring Jessica Pressler?  'We're declining to comment'  —  “Is Jessica Pressler still joining Bloomberg News after being snookered …
Nicole Levy / Capital New York:
NYT layoffs begin today, already exceeds goal of 100 newsroom positions eliminated  —  Layoffs begin today at The New York Times  —  Job cuts at the New York Times will exceed the stated goal of 100 newsroom positions eliminated, the Newspaper Guild of New York said yesterday in a memo to union members.
RELATED:
Jeremy Barr / Capital New York:
Times ‘media pod’ slims down more with Leslie Kaufman exit  —  Digital media reporter Leslie Kaufman's time at The New York Times has come to an end.  —  “Farewell to my beloved Times,” Kaufman wrote on Twitter Tuesday afternoon.  “It was a great run.  Peace and love.”
Discussion: @leslienyt and Talking Biz News
Brian Flood / TVNewser:
NBC News launches citizen journalism app Stringwire to crowdsource video content  —  Everyone is a Newser with NBC News' Stringwire App  —  In the final season of HBO's “The Newsroom,” the ACN senior staff can't stand the thought of crowed-sourced video taken by anyone who whips out a smart phone at the opportune time to record news.
Josh Constine / TechCrunch:
Expect A Gentler Valleywag In 2015  —  “If I had my druthers, I'd write about AI, and supercomputers, and fusion energy.  I don't really care about who's f**king whom,” new Valleywag editor Dan Lyons tells me, signaling a tone shift for the tech tabloid.  “Even when I did the fake Steve stuff …
Josh Lowensohn / The Verge:
Jury finds Apple not guilty of harming consumers in iTunes DRM case  —  Apple cleared in potential $1 billion court case  —  An eight-person jury has decided that Apple is not on the hook for what could have been more than $1 billion in a trial centering on extra security measures …
Nicholas White / Mediashift:
How the Daily Dot Relaunched the Kernel as a Sunday Magazine  —  At the beginning of this year, the Daily Dot acquired the U.K.-based Internet tabloid the Kernel.  What has resulted is an experiment in Internet journalism, and a rebuttal to common conceptions of what you can and can't do online.
Josh Gerstein / Politico:
US attorney general allows court to subpoena journalist James Risen to answer limited questions; next hearing is Jan. 5  —  Holder OKs limited Risen subpoena  —  Attorney General Eric Holder has authorized federal prosecutors to subpoena New York Times reporter James Risen in connection …
Jason Abbruzzese / Mashable:
NBC is launching streaming of network shows for people with pay-TV logins  —  NBC will begin live streaming — but not so fast, cord cutters  —  Saturday Night Live isn't live streaming just yet.  —  NBC has announced plans to begin live streaming its network shows, but cord cutters won't have access to the new service.
Brian Steinberg / Variety:
Univision, Tribune Media, Fox Stations Join to Devise Alternate Local TV Audience Measure  —  Fox Television Stations, Tribune Media and Univision Communications have started NewCoin LLC, a new data venture aimed at creating an alternative to measuring local audiences across TV and digital media.
Bruce Houghton / hypebot:
Bose Is Building Their Own Streaming Music Service  —  Audio manufacturer Bose is hiring staff and moving “quickly” to build and launch its own “next generation streaming music platform”.  While Bose could integrate their music service within their own audio products, the company still faces very steep competition.
RELATED:
Peter Kafka / Re/code:
Warner Music's CEO advocates for paid services as streaming revenue rises 74% in last 12 months while download sales dropped by 12%
Discussion: Billboard
 
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 More News: 
Mark Bergen / AdAge:
Twitter Lets Advertisers Target By Wireless Carrier, New Devices
Discussion: The Twitter Blog and VentureBeat
Anthony Ha / TechCrunch:
NowThis Media Raises Another $6M To Deliver Video News Stories In Less Than A Minute
 Earlier Picks: 
Nicole Levy / Capital New York:
Former Politico deputy managing editor Gregg Birnbaum joins New York Daily News as managing editor and head of political content
Discussion: The Huffington Post and FishbowlDC
James Bradshaw / Globe and Mail:
David Carr: All the views he's fit to print
Discussion: @nickbilton and @jembradshaw
Thomas Heath / Washington Post:
Time Inc.'s Norman Pearlstine, an old-media lion, drives magazines into the digital age
Discussion: FishbowlNY