Internet, Rumor | featured news

Well, well, well. A ‘little bird’ apparently informed Reuters reporter Felix Salmon that CNN is buying Mashable, a blog that covers social media-related news, a lot of lists about anything from the funniest cat videos of the day to the most pinteresting Pinterest pinboard of the hour and whatnot, often with the CAPS Lock key turned on for the headlines, for “upwards of $200 million”.

An analyst from Wedbush recently speculated that Netflix separated its DVD business to open doors for potential acquisition of the company by Amazon. Our price estimate for Netflix stands at $195, implying a premium of about 50% to the market price.

Are those who post unverified reports on Twitter playing an important role in the new ecosystem of news, or being irresponsible and indulging in gossip? That question goes to the heart of the idea of news as a process rather than a finished product.

After a string of real celebrity deaths last week, the Internet and online social networks killed a few more stars.

A publicist for Dirty Dancing star Patrick Swayze has condemned "reckless" internet rumours that the actor had died.