Telegraph Blogs: Fake Eric Schmidt: Google Fast Flip has saved newspapers. Happy now, bitches?

Shane Richmond quotes Fake Eric Schmidt: "And here’s the part you ——— will love: we’ll share the revenue with you. Of course the ads will be ours, not yours. Oh, and Fast Flip shows enough of the article that readers will decide not to click through and read your pages at all."

Guy Fawkes’ blog: Murdoch Bucks the Market

Guido Fawkes on charging for online news: "It is like the plan by canal owners of old to use the new railway trains to pull their barges along. Rupert will lose a lot of eyeballs and the advertising revenue that goes with that, niche market media (like this blog) will soak up mass market audiences that will not be willing to climb the paywall. This is a mis-step from the maestro. Bring it on…"

Guardian: Live like an MP! Win a completely free floating duck house!

"All you have to do is scour the 20,000-odd pages of MPs' expense claims on the Guardian website, and pick the one example that for you best encapsulates the sheer bloody skull-numbing crassness of this whole episode, surely among the most thrilling in our great parliament's history. The winner will be chosen by an independent judge, whose details will be available on request. They will be looking for the most absurd, shocking or shameful claim you can find."

Sydney Morning Herald: Readers reluctant to pay for online news

"The PricewaterhouseCoopers survey on the outlook for newspapers in the digital age, Moving into multiple business models, found ... Readers interested in financial news and sport "expressed a relatively high willingness to pay for this content online", the study found. Finance readers were ready to pay up to 97 per cent of the price of a general paper. But overall, consumers were not prepared to pay as much for online content as for a traditional paper, and 'would choose free content when the quality was comparable or sufficient for their purpose'."

MediaGuardian: Monkey goes to the Society of Editors conference

"Guardian News & Media editor-in-chief Alan Rusbridger had an embarrassing admission to make during the presentation of the NCTJ awards for excellence in journalism at the Society of Editors bash in Bristol. "I should not really be doing this," Rusbridger told the room, "because I failed my NCTJ exams." Blimey - there's hope for us all."