• CBS News hired Rick Kaplan without consulting Katie Couric. They probably just didn't want her to worry her pretty little head about it. [NYT]
  
• Barry Diller and Dow Jones are birthing a new personal finance site. You know, for kids. Web 1.0 relic Dave Kansas will be running the show. [NYP]
  
• Jack Shafer is apparently the only journalist Portfolio did not try to hire. Also, what's the deal with Kurt Eichenwald, etc. [Slate]

• WSJ ad revenue took a bit of a dip. [NYP]
  
• Rupert Murdoch and S.I. Newhouse are both fairly well off. [WWD]
  
• Graydon Carter roast: "Bono, guest editor of VF's July issue, turned up in the video wearing a gray fright wig vaguely resembling Carter's gull-wing hairdo. Smoking three cigarettes at once, Bono mumbled, 'Story ideas: Christopher Hitchens on why Martin Luther King is overrated!'" Damn you, Bono, you win this round. [NYDN]
  
• If you create enough websites, eventually one of them will catch on, right? [MediaPost]
  

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