Media

It was billed as a "shocking tell-all" and a "world exclusive," but the National Enquirer's March 26 cover story landed with a thud. TMZ, Page Six and other major players in celebrity gossip ignored the article in which a masseur claimed John Travolta offered money for sex. FOR THE RECORD: An earlier version of this article used the term "masseuse"; it should have said "masseur. " Five weeks after the issue left the checkout aisle, a DUI attorney from Pasadena put the anonymous masseur's tawdry tale in a lawsuit and it became an overnight pop culture sensation, topping Google News, trending on Twitter and meriting a segment on "Good Morning America.

What spreads almost as fast as necrotizing fasciitis, a.k.a. flesh-eating infection? News stories about it. Surely by now you've heard about the horrifying case of Aimee Copeland, the 24-year-old Georgia graduate student who cut her leg on May 1 and was on life support by May 4. When Copeland regained consciousness, much of the plugged-in world knew what she still did not: Her left leg had been amputated, skin on her abdomen had been removed and...

The wait for tables is getting longer at Buck's, a popular breakfast spot for the tech elite and a weather vane for the Silicon Valley economy. Here, like everywhere else, Facebook is the talk of the town. "Charles Schwab was in the restaurant the other day, and I asked him to hook me up with some Facebook shares," said Jamis MacNiven, owner of Buck's, in the wealthy suburban enclave of Woodside. "He told me even he can't get Facebook shares. " The new tech boom officially gets underway Friday when Facebook Chief Executive Mark Zuckerberg rings Nasdaq's opening bell remotely from the company's Menlo Park, Calif., headquarters, launching the largest initial public offering of stock in Silicon Valley history.

WASHINGTON — The public won't be protected from the type of risky bets that led to the huge trading loss at JPMorgan Chase & Co. until new rules are approved to allow better monitoring of complicated derivatives transactions, two key federal regulators told a Senate committee. As it was, the heads of the Securities and Exchange Commission and the Commodity Futures Trading Commission said Tuesday that they learned of the unusual trading activity that led to JPMorgan's $2.3-billion trading loss through media reports.

Often film sequels are slam dunks at the box office, a seamless continuation from where a previous hit left off. But as the new installment of the 15-year-old franchise "Men in Black" proves, getting to the big screen isn't always a cakewalk. One of the most troubled productions in recent Hollywood memory, Sony Pictures' latest movie in the Will Smith-Tommy Lee Jones sci-fi-comedy franchise encountered multiple script rewrites, a discontented star and a three-month production shutdown as writers and studio executives scrambled to fix a project that nearly fell apart . By the time it was over, the studio had run up a tab of nearly $250 million - making "Men in Black 3" one of the most expensive releases of the summer.

"Oh, you mean the guy with the 70-year-old head and the 20-year-old body-builder body? That picture has got to be Photoshopped." Dr. Jeffry Life smiles when I tell him about the general reaction I get about the famous picture of him with his shirt off, the shot that turned a mild-mannered doctor in his mid-60s into a poster boy for super-fit aging and controversial hormone replacement Appearing in medical-clinic ads in airline magazines and...

When the White House sent a last-minute invitation for Asif Ali Zardari to attend the two-day NATO summit, they were taking a highly public gamble. Would sharing the spotlight with President Obama and other global leaders induce the Pakistani president to allow vital supplies to reach alliance troops fighting in Afghanistan? But long before the summit ended Monday, the answer was clear: No deal. Zardari's refusal to reopen the supply routes left a diplomatic blot on a summit that NATO sought to cast as the beginning of the end of the conflict in Afghanistan.

Bob Baffert and Wayne Lukas were sitting next to each other at a recent racing function when Baffert said to Lukas, "Everyone used to hate you. Now they hate me." It's as clear as a giant flowered hat, and just as ugly. At rowdy Churchill Downs today, the only thing more quietly despised than Bob Baffert will be a Breathalyzer. The 128th Kentucky Derby will feature 19 horses, 150,000 fans, and one villain. Baffert will saddle longshot War Emblem.

BEIJING - "Beijing power struggle heralds end of China Communist Party," screams one headline. More sensational headlines purport to reveal how the wife of recently sacked Politburo member Bo Xilai poisoned an Englishman, who may have been her lover. And if that weren't enough, other stories claim that "Bo planned airline crash" and "slept with more than 100 women. " It's payback time for Chinese exiles, especially those with a printing press, television station or just a computer at their disposal.

'Life is short. Have an affair." That's the slogan of the Ashley Madison dating service, a website for people who want to cheat on their partners. That's right, unlike traditional Internet dating sites -- where you're expected to say you're unattached no matter what the truth is -- Ashley Madison is honest about its duplicity. Unlike match.

Until 1996, members of the news media could conduct one-on-one interviews with inmates in California prisons, giving the public a deeper understanding of what went on behind the barbed wire. This did not please the administration of Republican Gov. Pete Wilson, which was disgusted by the way some inmates abused this privilege to promote themselves - calling in to radio talk shows to complain about their treatment, or appearing on TV to plug their books or movie deals. So reporters were barred from holding in-person interviews.

BOSTON — A new generation of consumers who have little regard for historical distribution systems will be what drives media companies to rethink their role as gatekeepers to content. "It always seems to be about the kids," said filmmaker Ed Burns who has taken to releasing his movies on non-theatrical platforms, including Apple's iTunes, and on video-on-demand. Speaking at the National Cable Telecommunications Assn.

Actor Kelsey Grammer is back at it — trying to sell his home in the Beverly Crest area — this time for $17.999 million. Priced in 2008 at $19.9 million, the mansion is described in the listing as modern Traditional in style. The two-story house, built in 1980, features a central hall, media room, a library, a wine cellar and a service entrance. There are seven bedrooms, nine bathrooms and 10,567 square feet of living space. Lawn, a swimming pool, a six-car motor court and a four-car garage complete the grounds of more than three-quarters of an acre.

Re "Romney's media handicap," Opinion, March 15 Jonah Goldberg wants "the media" to be nicer to Mitt Romney, and yet he calls 2004 Democratic presidential candidate John Kerry "a pompous human toothache. " Surely this is the pot calling the kettle black. Romney is properly on the hot seat for his selective memory and his evasive semi-apologies. You might not remember the name of the kid who sat behind you in calculus, or the name of the teacher, but you really ought to remember the kid who you held down while cutting his hair.

Wall Street didn't get the Facebook effect it was hoping for. In a sign that the social networking giant may have already become a bellwether for its sector, shares of virtually every social media company sank Friday with Facebook Inc.'s lackluster debut on the stock market. Anticipating that Facebook would have a big day, investors had loaded up on social media stocks in recent weeks. Many backpedaled when Facebook's shares barely budged, rising just 23 cents, or less than 1%, from the initial public offering price of $38. "They were playing for a pop and didn't get it," said Michael Pachter of Wedbush Securities.

On the day Facebook went public other social media stocks have begun to drop like flies. Social media companies such as Zynga, LinkedIn, Groupon and Pandora that went public in the last year began Friday with some poor results, each seeing its stock price drop in the same fashion that Facebook stock began the day. Zynga, the social gaming site that relies on Facebook for the bulk of its users, was the biggest early loser. It saw an all-time low for its shares, at one point hitting $7.

There wasn't much to like about Facebook's first day as a public company. The social media giant's stock rose by mere pennies in its initial public offering. The shares closed at $38.23, barely above the $38 IPO price. The performance fell far short of the grandiose expectations of Wall Street and Silicon Valley, and raised questions about whether the company's stock will be the sure bet many had counted on. "There was all this pressure and hype and attention with all eyes on Facebook — and the starlet tripped on the red carpet," said Max Wolff, an analyst at GreenCrest Capital Management in New York.

Start-up companies generally get their money from two sources: professional venture investors and, a few years down the road, stock market investors. What's the difference? Here's how one of the smartest high-tech entrepreneurs I know puts it: "Venture money is expensive money, but it's smart money. Stock market money is cheap money, but it's dumb money. " Facebook is about to cannonball itself into a vast pool of dumb money. The big social media company is expected to announce its initial public offering as soon as Wednesday.

BEIJING - "Beijing power struggle heralds end of China Communist Party," screams one headline. More sensational headlines purport to reveal how the wife of recently sacked Politburo member Bo Xilai poisoned an Englishman, who may have been her lover. And if that weren't enough, other stories claim that "Bo planned airline crash" and "slept with more than 100 women. " It's payback time for Chinese exiles, especially those with a printing press, television station or just a computer at their disposal.

Sister Simone Campbell doesn't wear a habit. A nun for more than 40 years and an attorney for 35, the executive director of a Roman Catholic social justice lobby called Network doesn't feel she should wear one. Her voice mail refers to her simply as "Simone," and she hasn't worn the long, gray dress habit since her early days as a nun. Such an approach doesn't sit well with some Catholics. "Love the traditional nun ... I really would like to see the habit back," Patricia Earp, a Catholic, said on Twitter.