In your trenchant Tuesday media column: Fox Business Network exists for a reason, the NYT expands its online opinion section, Fortune gets theme-y, Politico guy hates the Twitter, and Michael Wolff, explained.

Former eBay CEO Meg Whitman wants to be California's next Governor. But, alas, she can't seem to find time for the good people of California and will be skipping an an upcoming event in Silicon Valley. Um, really?!

Not that one needs more reason for pessimism about the future of print news magazines, but here's one. Fortune's Stephanie Mehta has the inside look on the $51bn buyout of Bell Canada, which the magazine's current cover touts as 'The Biggest Deal Ever.' Great reporting! Too bad that the transaction-and Fortune's cover-may be torpedoed by the credit crunch.