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...Apparently neither the extortion attempt, nor the fact that Letterman slept with women on his show, were news to Letterman's wife of seven months, Regina Lasko, who had told Letterman's mother Dorothy Mengering about it earlier in the day. "I'm looking forward to seeing the show to see what he has to say," Mengering told the New York Daily News. "I really just found out today...

Author: /time Magazine | Title: Letterman Brings Sex and Extortion to Late Night | 10/2/2009 | See Source »

...Google's relationship with newspapers is a bit stressed, mainly because of the way Google News currently distributes newspaper content - effectively diverting readers away from individual news sites by allowing them to scan headlines and story briefs without leaving Google. However, on Sept. 16, Google attempted to mend fences with newspapers by launching Fast Flip, a free news hub that allows readers to scan through participating newspapers, but gives those papers a share of the revenue from ads placed around the site. (See the best business deals...

Author: /time Magazine | Title: The Online Competition to Save Newspapers | 10/2/2009 | See Source »

Another proposal comes from Journalism Online, a pay-for-news company whose founders include Steven Brill, the former editor of Content, and L. Gordon Crovitz, a former publisher of the Wall Street Journal. The company's proposal would provide an outlet for news from many providers, but would allow them to decide which parts of their content should go behind a pay wall and how much to charge. Unlike Google, however, Journalism Online's platform remains in development. Another proposal from MyWire's Global News Service, owned by Louis Borders (the founder of Borders Books), would also organize content from...

Author: /time Magazine | Title: The Online Competition to Save Newspapers | 10/2/2009 | See Source »

Microsoft, the other big-time company that, like Google, already has the technology available to implement a pay wall, also proposes aggregating information from several news sources in one pay-to-play location. The company's proposal emphasizes user preferences and aims to make the content accessible from any device, both on- and off-line. Yahoo is said to be readying an idea as well, but has not yet given any details. (See the top 10 magazine covers...

Author: /time Magazine | Title: The Online Competition to Save Newspapers | 10/2/2009 | See Source »

...consumers. Google CEO Eric Schmidt recently told British broadcasting executives that charging for online content won't work except for niche and specialist markets. Consumer surveys tend to support those doubts. A Belden Interactive survey released in mid-September found that computer users who said they'd pay for news online would shell out an average of only $4.64 a month, while 47% of the group surveyed said they wouldn't pay anything...

Author: /time Magazine | Title: The Online Competition to Save Newspapers | 10/2/2009 | See Source »

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