FIRST CUTS: What Facebook investment means; Will Elle sell?

Here's our list of headlines that should be on your morning media menu:

• Hearst, Lagardère confirm talks to sell Elle, other titles. (AdWeek)

• Nick Denton wants Gawker to go beyond "snark and vicious gossip." (NPR)

• Oklahoma State student paper plans to charge non-local readers for content. (College Media Matters)

• Tucker Carlson walks back comments about Michael Vick on Fox News. (Politico)

• With investment, Facebook may be able to delay IPO; avoid government scrutiny. (New York Times)

• Will Rupert Murdoch provide the royal wedding in 3-D? (Huffington Post)