If Murdoch Really Hires a New ‘WSJ’ Managing Editor, Who Will It Be?

MEDIA
• Will the invasion of the Brits continue? London Daily Telegraph editor Will Lewis seems like the perfect guy for the Wall Street Journal managing-editor position. [Mixed Media/Portfolio]
• Star Manhattan media-ites headed to Seattle for Bill Gate's CEO Summit, where Warren Buffett, Jack Welch, and other A-list businessmen are camping out. [Seattle Times]
• CBS buys CNET Networks for $1.8 billion in cash even though last year chief Les Moonves said he wasn't interested in expensive Web acquisitions. [DealBook/NYT]

FINANCE
• Is it true that Citigroup doesn't allow visitors to bring fruit in the building? Even the TSA allows you to bring oranges on planes! [DealBreaker]
• Speaking of Citigroup, the firm is really into big ideas these days. They have not one but two innovation chiefs. [NYT]
• Blackstone posted a $93.6 million loss in its first quarter. [DealBook/NYT]

REAL ESTATE
• The Mister Softee and Good Humor trucks got into an Upper West Side turf war over the prime Columbus Avenue and 83rd Street real estate. [NYT]
• The Municipal Art Society thinks that the Renzo Piano and Frank Gehry buildings are the city's best new structures. [Real Deal]
• Governor Paterson squares off against Mayor Bloomberg for the first time over the Moynihan Station project, saying the Port Authority should be in charge. [NYP]

LAW
• The lawyer who included the clause about JPMorgan being responsible for Bear's losses regardless of whether the deal goes through is no longer with the bank. Coincidence? [DealBreaker]
• As the first year of law school wraps up, students have to decide if they are going to return for a second year. But dropping out doesn't mean you won't be successful anyway. [Now's A Good Time As Any]
• Wolfgang Puck is throwing the book at Wolfgang of Wolfgang's Steakhouse. [Above the Law]