Summary:

»  Thomson Reuters (NYSE: TRI) CEO Glocer is out; COO James Smith replaces him (paidContent). Here’s a tour of Thomson Reuters’ st…

Morning Lowdown
photo: Corbis / Patricia Curi

»  Thomson Reuters (NYSE: TRI) CEO Glocer is out; COO James Smith replaces him (paidContent). Here’s a tour of Thomson Reuters’ struggles since the merger.

»  Zynga aims to raise up to $1 billion (DealBook)

»  Groupon’s exaggerated deals will be probed by UK government (paidContent)

»  New Newspaper Association CEO Caroline Little on 2012 priorities, paywalls and the British invasion (AdAge)

»  Chapel Hill, NC magazine publisher looks to resuscitate local newspaper business with weekly offering (Folio)

»  Hyperlocal battle in Seattle: “Indie” West Seattle Blog vs. Corporate KOMO (Street Fight)

»  How many Christmases until we see a whole new book publishing industry (Mike Shatzkin)

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