Summary:

»  How relevant are portals these days? Well, comScore data AOL (NYSE: AOL) is still a top-five site, though vertical blog network…

Morning Lowdown
photo: Corbis / Patricia Curi

»  How relevant are portals these days? Well, comScore data AOL (NYSE: AOL) is still a top-five site, though vertical blog network Glam is inching up behind it. [RRW]

»  While Twitter is bringing ads to its users’ streams, professional social net LinkedIn is letting its 80 million members post reviews of products and services linked to their professional profiles. [WSJ]

»  New York magazine’s iPad app has hit the iTunes App Store. Current print subs will get free access to it — but they’ll have to be a little more patient. [NY Observer]

»  Citysearch is laying off 3 percent of its staff and will rely on freelancers to supply its reviews, not staffers. [Techcrunch]

»  Nearly a year since reactivating Gannett Blog, Jim Hopkins is more focused on straight news reporting and is now using a less contentious tone. [Nieman Lab]

»  Providence Equity Partners, the firm behind Hulu and others, stands to lose about $400 million of its investment in movie studio MGM. [NY Post]

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