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Newsweek's decision to stop publishing a print edition after 80 years and bet its life entirely on a digital future may be more a commentary on its own problems than a definitive statement on the health of the magazine industry....

Facebook Inc.'s stock took a hit Monday after an article in the financial magazine Barron's said it is "still too pricey" despite a sharp decline since its initial public offering.

Barry Diller's IAC/InterActiveCorp. has taken a controlling stake in the Newsweek/Daily Beast joint venture, after the family of the late Sidney Harman decided to stop investing in the company.

Chris Hughes, a co-founder of Facebook and organizer of Barack Obama's 2008 presidential campaign, has purchased a majority stake in the New Republic magazine and will become the venerable journal's editor in chief and publisher.

When Brown claimed in November that the Beast was not “money-losing” but “on course to make money,” I suggested that claim be regarded with skepticism. When she claimed last week that Newsweek remains one of the world’s seven most influential news brands, I pointed to data showing otherwise. And, once again, a few grains of salt are required here.

After months of rumors, and amidst mounting speculation that a deal was imminent, The Daily Beast announced that it has withdrawn from talks with Newsweek about a merger between the two organizations. Had the deal gone through, Brown was widely expected to have become editor of the magazine.