1. It gets much worse than a crotch in the face for Eminem. [via NYDN] 2. Stephen Colbert will be the first guest editor at Newsweek. [via Gawker] 3. Obama comments on the Tonight Show transition — and warns there will be no bailout if Conan fails. [via HuffPo] 4. Hoping to encourage more commerce on the website, Facebook brings in an internal payment system [via FT] 5. Does slam poetry’s increasing popularity put it in danger of going soft? [via NYT]