— David Weinberger liveblogs a talk by Craig Newmark (of his List) at the Berkman Center. “Over the past several years, they’ve begun to understand why CL is successful. ‘It has to do with the culture of trust we have.’”

— In case you hadn’t noticed, Mark Potts points out that Wall Street doesn’t like newspaper companies much these days.

— But the numbers for online video advertising aren’t looking that great, either.

— Henry Copeland of Blogads thinks Nick Denton’s doom-mongering of a coming 40-percent drop in advertising numbers is realistic. “In short, Nick’s 40% sounds entirely reasonable to me. And 60% seems possible. Most importantly, 15-20%, the current ‘extreme’ position for media analysts, seems unlikely.” Henry thinks the benefits will accrue to the small-fry sites (like the ones Henry works with).