FIRST CUTS: News Corp. weighs Myspace options; Bloomberg milestone

Joe Pompeo
·Media Reporter

Here's our list of headlines that should be on your morning media menu:

• "Mostly it's about assembling the team at the moment…and lots of brainstorming," said Tina Brown of NewsBeast prep. (WWD/Memo Pad)

• News Corp. is trying to figure out what to do about Myspace, which laid off hundreds of employees this week. (Wall Street Journal)

• How will news organizations relate to Facebook? (ReadWriteWeb)

• Bloomberg installed its 300,000th terminal this week. (Forbes/Mixed Media)

• And Bloomberg TV hired a senior editor away from Forbes. (Talking Biz News)

• Promotions and re-structuring at Discovery. (New York Times/Media Decoder)

• How the networks handled the Tucson memorial. (TVNewser)