When it comes to social media, not all sites are created equal. MediaBistro sifted a recent social networking study from Pew Internet, zeroing in on educational data of users. According to the study, Twitter users are better educated than Facebook users. However, LinkedIn users blew them both away, with nearly 40% having attended graduate school.

The New York Observer chronicled Conde Nast's struggle to adapt to digital mediums. It noted that the iPad is not the panacea it hoped it would be, and that no staff is in charge of designing tablet-friendly contenet. http:/

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Gannett, the largest newspaper publisher in the US and the owner of the Newsquest group in Britain, reported a 22-percent-drop in profit, the Guardian's Roy Greenslade reported. The decline reflects the advertising slump that is affecting the whole newspaper industry.

The New York Times analyses Murdoch's troubles in the U.S and how the British phone hacking scandal could influence the F.C.C. in its review of media ownership rules.

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