Mediagazer: Vivendi Sells Its 13% Beats Stake to Apple for $404 Million (Kristen Schweizer/Bloomberg)

11:00 AM ET, August 1, 2014

Top News:

Kristen Schweizer / Bloomberg:

Vivendi Sells Its 13% Beats Stake to Apple for $404 Million — Vivendi SA (VIV) sold its stake in Beats Electronics LLC to Apple Inc. (AAPL) for $404 million as part of the iPhone maker's takeover of the headphone company. — The stake was about 13 percent, Paris-based Vivendi said today …

Discussion: VentureBeat, TechCrunch, AppleInsider, MacRumors, Mashable and MacDailyNews

Don Reisinger / CNET:

Apple closes $3B Beats deal, welcomes the company ‘to the family’ — Apple says that it will work with the Beats team to “elevate” the experience already created by Beats products. — Apple has officially closed its $3 billion deal to acquire Beats. — The iPhone maker posted a page …

Discussion: RAIN News, Re/code, MacDailyNews and Daily Dot

Mark Sweney / Guardian:

Facebook and fewer stories behind rise in web traffic, says Telegraph chief — Telegraph Media Group editor-in-chief Jason Seiken says a change in focus helped drive up the paper's website traffic in June — The Telegraph website's 20% traffic boost in June has been attributed …

Discussion: @samkirkla, @jeffjarvis, @kate_day, @marksweney and @chrismoranuk

BBC:

Russia enacts ‘draconian’ law for bloggers and online media — A new law imposing restrictions on users of social media has come into effect in Russia. — It means bloggers with more than 3,000 daily readers must register with the mass media regulator, Roskomnadzor, and conform …

Discussion: Gigaom, RT, Guardian, @eurohumph, The Next Web, Radio Free Europe/Radio …, Washington Post, @emmamayalex, rapsinews.com, ITAR-TASS, The Moscow Times and VPN Creative

Jay Rosen / Pressthink:

The rewriting of an AP tweet about Gaza shows the costs of avoiding perception of bias — The production of innocence: tale of two headlines over Gaza — “Members of Congress fall over each other to support Israel,” the AP said on Twitter. Then the AP decided that it could not say that. Why?

Discussion: @johnmcquaid, Pressing Issues, @ryanchittum and @jayrosen_nyu

Jason Straziuso / Associated Press:

Father of Al Jazeera journalist Peter Greste says family is focusing on appeal of verdict — DAD OF JAILED REPORTER: SON A VICTIM OF INJUSTICE — NAIROBI, Kenya (AP) — The father of an Australian Al-Jazeera journalist jailed in Egypt said Thursday that he respects the integrity …

Tanya Talaga / Toronto Star: Jailed Al Jazeera journalist Fahmy still weighing appeal; has no faith in Egypt's courts

Bloomberg:

Aereo Asks Court to Stop ‘Bleeding,’ Allow New Life — Aereo Inc. asked a judge to grant it new life, allowing it to operate like a cable-TV service and stop the “bleeding” after the U.S. Supreme Court ruled the streaming video company violated broadcasters' copyrights.

Discussion: @joshuabrustein, Thanks:@alexbarinka

Mark Scott / New York Times:

Google Details Problems With Handling Right to Be Forgotten Requests — LONDON - Google says complying with Europe's so-called right to be forgotten ruling is getting complicated. — In a lengthy response to questions from the region's data regulators, the search giant …

Discussion: Softpedia News, Guardian, ZDNet, Marketing Pilgrim, RT, Wall Street Journal, VentureBeat, Agence France-Presse, The Verge and CNET

Todd Spangler / Variety:

Judy McGrath Joins Amazon's Board — Judy McGrath, former CEO of MTV Networks, has been elected to Amazon.com's board of directors effective Oct. 1, the company said. — McGrath also was appointed to the Amazon board's leadership development and compensation committee, according to an SEC filing Friday.

Reuters:

SEC spent months searching for Reuters sources about JP Morgan settlement in London Whale case — SEC launched extensive probe to identify sources in Reuters stories — (Reuters) - A U.S. Securities and Exchange Commission watchdog conducted an extensive, months-long investigation to find …

Han Bingbin / CHINAdaily:

Quotas may limit more foreign TV shows online — China's top media authority is likely to impose quotas on the licensing of overseas programs by video websites, local media reports. — Since last October, the State Administration of Press, Publication, Radio, Film and Television is rumored …

Discussion: Deadline.com and Hollywood Reporter

Ann Friedman / Columbia Journalism Review:

Digital journalists aren't sellouts—they are aware of industry realities — Corey Pein seems to think that digitally savvy journalists have a collective case of Stockholm syndrome. “In their long and seemingly hopeless search for answers, journalists have internalized the abusive rhetoric …

Discussion: Street Fight, @annfriedman, @weinbergrrrrr, @tomciav and @sarahgrieco

Richard Prince / Richard Prince's Journal-isms:

Associations representing black and Hispanic journalists plan joint convention in 2016 — NABJ, NAHJ Approve Joint Convention — Meeting Could Assemble Most Journalists of Color Since '08 — The associations representing journalists from the nation's two largest groups of color …

Discussion: @joeruiz and @bonnie_gonzalez