Magazine world view: Rich Twitter; USPS hikes; mag sites that suck; Scots' lifestyle

Funding values Twitter at $8.4 billion (Wall Street Journal)
Financial Times grows paid digital subs 34% in first half 2011 (Folio:)
Hanley Wood sees single digit revenue increase, 20% earnings jump in first half of 2011 (Folio:)
USPS wants rates raised, mag publishers cry foul (MediaPost)
Forecast downgrades global adspend (MediaDailyNews)
Conde Nast: 242,000 iPad subs in first 6 weeks (