The New York Times, like the rest of the newspaper industry, went through a painful series of buyouts after the 2008 financial collapse exacerbated the already ongoing collapse of the newspaper industry. In 2009, they cut 100 positions. In 2011, they had 20 more buyouts. This morning, they announced they want 30 more.

Well, we knew that this was coming: The Daily, launched by News Corp in early 2011 with great fanfare as the world's first "iPad newspaper," will be folding this month. Almost two years. That's about right.

Tyler Brule [imagine several accent marks on last name], the editor of Monocle magazine, that bedrock of ""lifestyle sensuality and gaywad uptightness," is well known for being "cool," in the sense of "not cool." I mean really he is very accomplished and all but in some ways the worst. The point is: he does not tweet.

Warren Buffett thinks that print newspapers will be around in 20 years. Warren Buffett won't, though.

Long story short, Philly.com ran a photo from Playboy in which a woman wantonly displays a hot naked boob as the illustration for a column today. This fact was noted by many readers and by Jim Romenesko, and the photo was removed. Will we allow faceless "news" organizations to try to erase the historical record like that? No, so the original boob illustration is below.

This morning, a press release hit the wires of PRWeb, a paid press release distribution site, saying that Google would be acquiring the tiny company ICOA Wireless for $400 million. ICOA's stock, which trades at fractions of a penny, briefly quadrupled in price after the press release hit. Media outlets (including our own Gizmodo) reported the story as fact, and investors immediately piled in. But very shortly after the release hit the news, it was denied by both parties, and outed as a fake. How did this happen?

Wouldn't it be nice if we could find a story that would simultaneously indict authoritarian governments, greedy PR firms, and amoral, careless media outlets, all at once? Aha. Yes. Here's one.

Longtime Gawker readers may recall a bygone era in which Laurel Touby, founder of media job board-etc. site Mediabistro, was a regular Gawker "character," famous for her feather boas and inability to use email properly. After she sold Mediabistro for $23 million in 2007, she became more famous for being a Can You Believe The Lady Who Started Mediabistro Is Now Super Rich, What The Fuck Is This World Coming To? Well. Years have passed. Now you must hear all about Laurel Touby's multimillion-dollar apartment.

Marcus Brauchli is done as editor of the Washington Post. His successor is Marty Baron, the editor of the Boston Globe.

In the New York Times today, Somini Sengupta explores the widespread epidemic of people posting things on Facebook that are not true. Yes—we're as shocked as you. False identities flourish on Facebook's lawless frontier. Thankfully, at least one fraudulent perpetrator may now be brought to justice.

Below is a brief but shockingly accurate dramatic reenactment of what you will see in the video above, from last night's campaign coverage:

"Three reasons Obama will win; three reasons Romney will win"—Los Angeles Times headline, which accurately describes the story below, which is simply a list of "three reasons each candidate has to expect victory." (Which of these reasons are correct is not discussed.) What else is in the paper today?

The ascent of Twitter has been wonderful for the democratization and quickening of news and information. A few decades ago, it might take days for a person in California to see pictures of a disaster that took place in New York. Today, all a person needs is a smartphone and an internet connection and, with Twitter, they can be their own photojournalist, updating the site's millions of global users with up-to-the-minute images of events like Hurricane Sandy.

Sad news for day gays: Anderson Cooper's daytime talk show will not return for a third season.

The New York Times Style section is the most purposely loathsome newspaper section in America and should generally be avoided at all costs. But if you must read it, why not make a game out of it?

Well, that's it for Newsweek. Celebu-editor and royal gravedigger Tina Brown announced this morning on the web site of the Daily Beast that the magazine's print edition will not survive the year. That's not all Brown's fault, of course. Newsweek is not the first magazine to abandon print, and it will by no means be the last. Tina Brown didn't kill Newsweek. She just killed its credibility.

For what seems like the second time in the last thirteen days, Barack Obama and Mitt Romney will stride on stage tonight and pretend, for a few moments, to not be sickened by one another's presence. Can Obama "recover" from his "poor performance" in the last debate? Can Romney convince "swing voters" that he is "more than a Mormon robot?" The estimable Mobutu Sese Seko and I will be live blogging this debate in order to, uh, help answer these questions, and to perform other vital unspecified pundit services.

Because TODAY has fallen behind Good Morning America in the ratings and "yum wine," Hoda Kotb is looking for a new best friend.

Ann "Of The People" Romney stopped by Good Morning America to talk average American stuff — show horses, Welsh cakes — this morning. She was a "guest host," filling in for Robin Roberts who is, of course, still recovering from a bone marrow transplant.

Jay Penske, the racing scion and media mogul who likes to employ Hollywood shut-in Nikki Finke when he's not busy (allegedly!) assaulting and urinating on strange women in public, has purchased Hollywood's oldest and most storied trade rag. Let the unceasing drama begin!