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6:05 PM ET, September 8, 2014

Mediagazer

 Top News: 
Jason Deans / Guardian:
Victims of press intrusion brand new regulator Ipso a sham  —  Parents of Milly Dowler and Madeleine McCann among signatories of letter attacking publishers for rejecting Leveson  —  Madeleine McCann's parents Kate and Gerry were among 30 victims of press intrusion who signed the letter.
RELATED:
Ravi Somaiya / New York Times:
Bloomberg News Stands Out With Editorial Policy to Not Report on Itself  —  On the Forbes list of the world's billionaires, Michael R. Bloomberg appears at No. 15, with a net worth of $33.6 billion.  But on his own company's ranking, the Bloomberg Billionaires index, he appears nowhere.
Re/code:
Reddit raising over $50M for less than 10% of the company, at a valuation upwards of $500M  —  Reddit Raising a Big Round, and Some Y Combinator Players Are in the Mix  —  Reddit, the social news site with a big Web footprint, is raising a big funding round — with help from some of the people …
Jonathan Peters / Columbia Journalism Review:
Why California's smartphone ‘kill switch’ law should concern journalists  —  An antitheft measure creates the risk that the government could interfere with newsgathering  —  Imagine this.  —  You're a journalist covering a street protest, and the local police chief doesn't like the photos you're tweeting from your iPhone.
Discussion: @jonathanwpeters
Catalina Albeanu / Journalism.co.uk:
Future offers free digital editions with print in September  —  Future makes use of its own in-house publishing software to offer free digital access to its print readers at no extra cost  —  Credit: C. Regina on Flickr.  Some rights reserved.  —  Future plc announced a group-wide offer …
Brendan Sasso / National Journal:
Netflix to Join ‘Internet Slowdown’ Protest Over Net Neutrality  —  Your videos won't load slower, but the protest could add more pressure on the FCC to enact tough rules.  —  If you see a spinning loading icon when you try to watch Netflix videos Wednesday, there isn't a problem with your Internet connection.
Dominic Patten / Deadline:
DreamWorks Animation, Disney & Sony Slapped With Class Action Over Wage Suppression Deals  —  A former DreamWorks Animation effects artist is taking on the 'toon studios with a class action lawsuit over the anti-poaching agreements they allegedly had.  DWA, Disney, Pixar, Sony Pictures Animation …
Joe Pompeo / Capital New York:
American Reader to drop its web content and focus on print  —  One of the consequences of the print industry's downward slide over the past several years has been the trend of newspapers and magazines going “digital-only”—ditching costly paper products, with their diminished circulation …
Anthony Ha / TechCrunch:
Twitter Announces Its First Commerce Product — A “Buy” Button On Mobile  —  After months of reports and rumors, Twitter is announcing its first commerce product.  —  The company first signaled its interest in this area last year, when it hired former Ticketmaster CEO Nathan Hubbard to lead its commerce team.
Emily Steel / New York Times:
Nielsen Finds Older Adults Are Embracing Digital Video  —  Digital video may be most popular with children and young adults, but it increasingly is being embraced by viewers of an older set.  —  People 50 to 64 years old watched an average of 19 minutes a day of digital video during …
Jessica E. Lessin / The Information:
The Information announces two hires, including WSJ media reporter Martin Peers as columnist  —  Welcome Martin Peers and Stephen Nellis!  —  I am delighted to announce that Martin Peers, a longtime Wall Street Journal media reporter and editor, is joining The Information as a columnist.
Bill Carter / New York Times:
James Corden to Replace Craig Ferguson as Host of ‘The Late, Late Show’ on CBS  —  In choosing James Corden on Monday to replace Craig Ferguson as the host of “The Late, Late Show,” CBS seems to be making a statement.  —  The statement: Nothing mattered more than finding a standout talent …
Joe Pompeo / Capital New York:
Wall Street Journal launches perks program for subscribers  —  The Wall Street Journal is buttering up its paying customers with a complimentary membership program that tacks on special perks to their print and digital subscriptions.  —  Members of WSJ+, an opt-in program …
 
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 More News: 
Todd Spangler / Variety:
Spotify Bows First Video Ads, with ‘Takeover’ Spots from Universal and Others
Jason Deans / Guardian:
Ex-NotW deputy and features editors to stand trial on phone-hacking charges
Discussion: The Drum
 Earlier Picks: 
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Reuters:
Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours
 
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