The Morning Lowdown 08-22-11

»  Newspapers Edit Down Outlooks (WSJ)

»  Murdoch told me to have someone followed: Buttrose (ABC News)

»  The Hulu Endgame (DigiDay)

»  Forbes and advertisers: Is history repeating itself? (Talking Biz News)

»  L.A. Times employees settle lawsuit over stock ownership plan for $32 million (LAT)

»  Twitter Just Got the Respect it Deserves (The Next Web)

»  Ex-‘Rocky’ Editor Weighs in on YourHub (Street Fight)

»  Cairo Man who “insulted Islam” on Facebook arrested (MyBroadband)

»  The Soul of a Media Company Is blandness as big a problem as crookedness? (Adweek/Michael Wolff)

»  Innovation in turbulent times (Monday Note/Frédéric Filloux)