»  Terra Firma raises $156 million to stave off foreclosure on EMI. [WSJ]

»  What the “Like” button really means for Facebook’s advertisers. [AdAge]

»  James Fallows’ plan to save the news. [The Atlantic]

»  Lyrics websites in the fight over royalties. [NYT]

»  A study about Apple (NSDQ: AAPL) iPad usability finds that apps are inconsistent and have low feature discoverability. [useit.com]

»  Digg and Reddit clones, the next Facebook, and six other websites you need to stop building. [The Oatmeal]