Glenn Beck will hire 50 employees by the end of the year. [Business Insider]

The Guardian News of the World may have to hire a new news editor, theirs, James Weatherup, is on trial for phone hacking now too. [Guardian]

The Harmans say they will continue to support Newsweek as Sidney wanted. [New York Times]

Web advertising surpassed newspaper ad revenue in 2010, which is unsurprising to anyone who’s ever wondered, “Acai berries: do they work?” [Wall Street Journal]

Gwyneth Paltrow went to Bon Appetit’s launch, tacitly confirming that she will be on the next cover, as rumored. [WWD]

Discovery is making a network for rich men called Velocity, because apparently simply owning all the networks is enough to get relevant-to-them shows made. [Yahoo]

kstoeffel@observer.com :: @kstoeffel

Follow Kat Stoeffel via RSS.