Newsweek was officially handed over to IBT Media on Monday, and not everyone made the cut; Tina Brown reportedly fired around 20 members of the editorial staff yesterday, including Richard Just and Louise Roug. (New York Post)

But the new Newsweek is still staffing up. (Capital New York)

American Media—publisher of The National Enquirer, Star, and Men’s Fitness—was saved by a bond break. (The New York Post)

Ronan Farrow—son of Mia Farrow and Woody Allen—in talks to host MSNBC show (The Hollywood Reporter)

Daily Beast (and Capital New York) alum Eliza Shapiro has officially joined Capital New York’s politics team. (Twitter)

Social Networks in a Battle for the Second Screen (The New York Times)