Can Bloomberg Businessweek rival the Economist? Fortune says there’s no way to know, but it’s clearly a good thing for Bloomberg’s brand awareness in the non-terminal-owning world. And the magazine can afford to lose a lot of money while they figure things out. [Fortune]
Nick Denton says the iPhone scoop didn’t make money. [DailyFinance]
Stefano Tonchi is assembling his new team at W. [WWD]
More than 400 people paid $350 apiece to hear Ashton Kutcher, “new-media mogul.” [NYP]
Lloyd Blankfein to Jann Wenner: “Do I know you from somewhere?” [NYP]