It’s rarely good news when a publication titles a piece: A note to our readers. And today’s offering from Rolling Stone is no exception. The magazine has issued a public apology for its recent UVA campus gang rape story after realizing that their trust in the story’s main source and alleged victim was “misplaced.” This is a big deal for sexual assault victims who need their accounts to be believed. It’s a big deal for journalists who want their stories to be taken seriously. And, in this age of journalistic shake-ups and media landscape shifts, when news travels faster than ever, it’s a big deal for the rest of us who need to be confident our trust in news outlets is not itself misplaced. WaPo does the fact-checking RS should have: Key elements of Rolling Stone’s U-Va. gang rape allegations in doubt.

+ In other news news, many of those on the masthead of The New Republic have resigned after the resignation/firing of the magazine’s editor and “differences of vision with the magazine’s owner, Chris Hughes, a 31-year-old Facebook co-founder who bought the magazine in 2012 and now aspires to reposition it as a ‘digital media company.'”

+ Lloyd Grove in The Daily Beast: Facebook Prince Purges The New Republic: Inside the Destruction of a 100-Year-Old Magazine. (The only really rich Internet entrepreneurs you should trust to run a news publication are those who got really rich running a news publication.)

+ Jason O. Gilbert summarizes the state of news business with some personal news: “Today I resign from The New Republic. But I am excited to join Fusion! Which I am also resigning from, effective immediately. To start a new adventure at BuzzFeed! An adventure, I might add, which ends today.”

+ And finally, here’s what happened when a news site only reported good news for a day. (The Daily Show and Colbert Report have taught us that there is no good news; that’s why we decided to make bad news funny.)