Newsfeed Update: 12.07.12
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Netflix CEO Reed Hastings Faces SEC Scrutiny Over Facebook Post (AllFacebook)
A seemingly harmless congratulatory Facebook post mentioning that Netflix topped 1 billion hours of viewership may land the company with an SEC civil claim.
Martha Stewart Decides to Shut Whole Living Rather Than Selling It (AdAge)
Martha Stewart Living Omnimedia, the media and merchandising company founded by Martha Stewart, will shut down its Whole Living magazine early next year after deciding not to sell the publication.
YouTube Officially Launches Redesign (SocialTimes)
YouTube officially rolled out a brand new look that puts a lot more emphasis on subscriptions. A page on the video site dedicated to the new design explains that "YouTube gets better when you subscribe. That's what this update is all about."