Click here to receive mediabistro.com's Daily Newsfeed via email.

Facebook Founder Rejected $1B Yahoo Offer (The Times of London)
At 22, Mark Zuckerberg, a Harvard dropout, is being labelled as the next Bill Gates. Zuckerberg, founder of the Facebook social networking website, has told Yahoo, the Internet giant, that $1 billion is not enough to sell out. Now leaked documents suggest that Yahoo was willing to raise its bid to $1.6 billion.

Copyright Tool Will Scan Web for Unauthorized Copying of Text, Images, Audio, Video (WSJ)
A new online tool developed by startup Attributor seeks to combat copyright violations by combing the entire Web for unauthorized uses. Attributor analyzes the content of clients, who could range from individuals to big media companies, using a technique known as "digital fingerprinting," which determines unique and identifying characteristics of content.

Ex-Newsday Publisher to Prison on Child Porn Charges (Newsday)
Former Newsday Publisher Robert Johnson was sentenced Friday to 15 months in federal prison and fined $50,000 following his plea to possession of child pornography and obstruction of justice. Johnson, a top executive at Newsday from 1982 to 1994, also was ordered after imprisonment to serve 3 years of supervised release, and undergo counseling for sex offenders.

More Newsfeed here...