Ted Turner says Rupert Murdoch should quit, editors debate the value of journalism in the online age and Wikileaks founder Julian Assange gets a taste of his own medicine.
"I'm past retirement age now. So, I'm 72. That's a little late to be running a corporation. Murdoch's still doing it at 80, but for not for much longer, I'm afraid. I think he's going to have to step down ... You know, not even Rupert Murdoch should be allowed to break the law."
US media mogul Ted Turner calls for rival Rupert Murdoch to resign from his News Corporation empire in the wake of the phone-hacking scandal.
"The events surrounding its unauthorised publication by Canongate are not about freedom of information. They are about old-fashioned opportunism and duplicity - screwing people over to make a buck."
Pot calling kettle black? Wikileaks founder Julian Assange gets the hump with Canongate for publishing his memoirs without his permission.
"I have some fundamental doubts about the ability to monetise social platforms. If you attempt to monetise it, it's risky, there are question marks. Facebook, Google+, Twitter … is a social interaction. We used to write letters to each other and now we correspond through Facebook and Twitter and other forms of communication. If you interrupt that with a message you may run into trouble.”
Advertising guru Martin Sorrell casts doubts on the money making potential of social networking sites.
"The online advertising model is broken and does not fund journalism."
Stuart Kirkpatrick, editor of the Caledonian Mercury, does not think it is a wise idea to give content away for free on the internet.
“We do think that £2.10 on Saturday and £1.20 during the week is good value for a serious, internationalist newspaper. A daily cappuccino sets you back between £1.80 and £2.05. A satellite TV subscription is probably costing you £1.70p - odd a day. We think the prices represent fair value."
The Guardian's editor-in-chief Alan Rusbridger defends the paper's decision to up its cover price.
“We apologise for any offence this may have caused Neil Lennon, his family and also supporters ... Our headline was a misjudgement and it was not intended to stoke up feelings ahead of yesterday’s match.”
The Daily Record apologises for unwisely describing Celtic manager Neil Lennon as 'hated' in the build-up to the club's Old Firm clash with Rangers.
"Social media is not the death of journalism; it is the beginning of curation."
CNN digital honcho Peter Bale dismisses the suggestion that the rise of social media will kick off traditional news reporting.
‘Hi. I'm one of three people who have been ghostwriting @markdavidson's tweets for the last 4 years while he is out playing golf.’
Internet sales and marketing professional Mark Davidson is probably wishing he'd changed his password before firing his Twitter ghostwriter.