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Clintons' Trust Invested in News Corp. and Berkshire (Bloomberg)
The blind trust of New York Senator Hillary Clinton and former President Bill Clinton invested in such companies as Rupert Murdoch's News Corp., Wal-Mart Stores Inc. and Warren Buffett's Berkshire Hathaway Inc., according to documents released today.

How Does the Cartoon Bank Work? A Q&A With Founder Robert Mankoff (Freakonomics Blog)
After two years of submitting cartoons and getting nothing but rejection, Robert Mankoff finally succeeded in selling his first cartoon to The New Yorker in the 1970's. He went on to become one of the magazine's premiere cartoonists and ultimately its cartoon editor. He also had the clever idea of founding The Cartoon Bank, a company meant to syndicate and archive thousands of cartoons; it was bought by The New Yorker in 1997, and Mankoff still serves as its president.

HuffPost's Citizen Journalism Project Gets A Name, and Gets Rolling (HuffPo)
Arianna Huffington: The exciting new citizen journalism project Huffington Post is launching in partnership with NYU professor Jay Rosen and his experimental site, NewAssignment.Net has a name and an expected birth date. We're calling it Off The Bus (OffTheBus.Net), a name that captures the essence of what we're looking to accomplish. Our disparate mix of citizen reporters won't be part of the mainstream pack covering the campaigns — and will come at it from a wide range of different angles and perspectives, adding a new dimension to campaign journalism.

The Sunday New York Times Discovers Online Sales Losing 'Steam.' (Slate)
Jack Shafer: Nothing lives up to our expectations. My parents. Your children. Television season finales. Yesterday (June 17), the New York Times located its disappointment in Web-based retailing in a 1,200-word, Page One piece titled "Some Buyers Grow Web-Weary, and Online Sales Lose Steam." The lede of the article asks, 'Has online retailing entered the Dot Calm era?' The story answers resoundingly, 'Yes.'

80 percent of 18-24 Males Watch Online Video Weekly (MediaPost)
80 percent of 18- To-24-year-old male Internet users in the U.S. watch online videos at least once a week, and 35 percent on a daily basis, according to a national online Magid Media Futures survey conducted the last week of March. Overall, among 12- to-64-year-old Internet users, daily usage of online video rose by 56 percent over the last year. This year, 14 percent reported using online video every day — up from 9 percent in 2006.

Glam Surges to No. 1 Women's Property, Overtakes iVillage (VentureBeat)
Glam Media, the Brisbane, Calif. network of women's online lifestyle, fashion and other blogs, said it has overtaken iVillage to become the number one women's Web property. It is also the fastest growing of the top 100 U.S. Web sites, according to traffic data to be released tomorrow by ComScore for the month of May.

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