Good list (via @mashable)

"Hearst Corporation announced today that its San Francisco Chronicle newspaper is undertaking critical cost-saving measures including a significant reduction in the number of its unionized and nonunion employees. If these savings cannot be accomplished within weeks, Hearst said, the Company will be forced to sell or close the newspaper."

Hearst said that the Chronicle lost more than $50 million last year and that this year’s losses to date are worse. The Chronicle has had major losses each year since 2001.

"Where the infiltration of celebrities on a platform such as Twitter gets interesting, he said, is what happens when celebrities sidestep their publicists and begin communicating directly with fans."

Sloppy journalism is blowing is damaging the TechCrunch brand

Greg Maffei, president and CEO of Liberty: "SIRIUS XM's ability to grow subscribers and revenue in a difficult financial and auto market is indicative of how listeners view this as a "must have" service."

John Malone's Liberty Media has agreed to invest a total of $530 million in Sirius XM Satellite Radio, allowing the beleaguered radio company to avoid a Chapter 11 bankruptcy filing, the companies said Tuesday.

"John Malone’s Liberty Media is expected to offer about $250m in a senior secured loan on Tuesday as the first step in a “multi-stage” deal to rescue Sirius XM ahead of an imminent debt deadline, one person familiar with the satellite radio group’s discussions said."

I want it.