Mediagazer: CEO Virasb Vahidi leaves Otter Media, AT&T and Chernin Group's joint venture for web video, including Fullscreen and Crunchyroll (Peter Kafka/Re/code)

10:25 AM ET, June 11, 2015

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David Faber / CNBC:

Sources: Rupert Murdoch to step down as CEO of 21st Century Fox, to be replaced by son James — Rupert Murdoch preparing to step down as CEO from 21st Century Fox — Rupert Murdoch, the 84-year old CEO and controlling shareholder of Twenty First Century Fox, is preparing to step down as CEO …

Mark Sweney / Guardian:

Wall Street Journal to relaunch European and Asian editions as global weekday broadsheet in September — Wall Street Journal to revamp European and Asian editions in broadsheet format — News Corp-owned paper to relaunch foreign versions in September after going compact a decade ago

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Discussion: TechCrunch, VentureBeat, GeekWire, Ink, Bits, & Pixels, PCWorld, SlashGear, @sarahw, The Verge, The Next Web, Engadget and Tech.eu

Peter Kafka / Re/code:

CEO Virasb Vahidi leaves Otter Media, AT&T and Chernin Group's joint venture for web video, including Fullscreen and Crunchyroll — CEO of AT&T, Chernin's Web Video Joint Venture Leaves — The CEO of Otter Media, the Web video joint venture between AT&T and The Chernin Group, is leaving after less than a year on the job.

Discussion: Hollywood Reporter, Multichannel News and Variety

Joshua Benton / Nieman Lab:

A blow for mobile advertising: The next version of Safari will let users block ads on iPhones and iPads — It didn't get a mention in Apple's big keynote announcements Monday — which already had plenty of interest to publishers — but deep within Apple's developer documentation lies perhaps …

Michael Sebastian / AdAge:

Media companies avoid “advertising” when labeling native ads, favor “sponsored”, “promoted” — Media Brands Shy Away From the A-Word, When It Comes to Labeling Native Ads — An Analysis of Two Dozen Companies Found A Variety of Terms Is Used

Madalina Ciobanu / Journalism.co.uk:

How the FT used wearables to open up the reporting process — The newspaper's employment correspondent spent four days being tracked with devices in order to report on a story — Credit: Screengrab from the FT Wearables Facebook page — When you consider wearable technology …

Joshua Hunt / Reuters:

Messaging firm Line launches streaming service in Japan, Line Music, with 1.5M songs initially, unlimited access for 1,000 yen/month, 20 hours for 500 yen/month — Japan messaging app Line launches music streaming business — Messaging app operator Line Corp launched its music streaming service …

Discussion: The Verge, The Next Web, The FADER, TechCrunch, SlashGear and FACT Magazine

Julia Greenberg / Wired:

Tech companies need to tread carefully as they become the stewards of news or risk alienating content producers and consumers — WHEN TECH GIANTS DELIVER THE NEWS, THEY DECIDE WHAT NEWS IS — So Apple's got its very own newsreader app, aptly called News.

Discussion: @jacksmithiv, @marcmenen, @thedanwells and The Awl

Peggy McGlone / Washington Post:

Librarian of Congress James Billington to retire in January — James H. Billington, the brilliant but mercurial head of the Library of Congress, will retire after 28 years at the helm of an institution that has expanded its reach across the country but struggled to stay ahead in a rapidly changing digital world.

Discussion: New York Times, @jeffjohnroberts, @mmasnick, @kwcollins, Roll Call, @danielnazer, @amyargetsinger and Publishers Lunch

Joseph Lichterman / Nieman Lab:

Public radio is seeing a shift in digital listening: Live streaming is slowing, on-demand is growing — There are early indications that the digital listenership habits of the public radio audience are changing, as fewer people listen to live streaming audio and a growing number choose to tune in on demand.

Discussion: NetNewsCheck Latest