Former NewsBeast Exec Editor Lands at Time.com

Edward Felsenthal, Tina Brown's former No. 2 at the Daily Beast, is joining Time magazine as the new managing editor of Time.com. He'll replace Time.com managing editor Cathy Sharick, who was one of 12 who took an  exit package as part of a 6 percent layoff at Time Inc. earlier this year. In a statement, Time managing editor Rick Stengel said that Sharick was leaving “to fulfill her dream of working for a dotcom start-up.”