Magazine world view: Raiseless Time; Atlantic app; thunder thighs; iPad lit journal

• Time Inc. cancels 2013 pay raises and 500 to 700 job cuts expected (New York Post)
• With new search functions, Twitter will rule breaking news (Readwrite)
• Atlantic Media launches web app for Atlantic Wire (Audience Development)
• Metrocorp Inc. acquires majority stake in Slice Communications (Folio:)
• How about a NewPage-Quad/Graphics merger? (Dead Tree Edition)
• Is Daisy 'thunder thighs' Lowe the epitome of 'curvy' womanhood? (Guardian)
• Trending in journalism education: online degrees; entrepreneurship; mobile design (MediaShift)
• Paragraph launches aggregated literary magazine for the iPad age (paidContent)