Mediagazer: Court Rejects Plea to Block FCC's Net Neutrality Rules (Brendan Sasso/National Journal)

5:40 PM ET, June 11, 2015

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David Faber / CNBC:

Rupert Murdoch to step down as CEO of 21st Century Fox, will remain executive chairman; Lachlan Murdoch to become executive co-chairman, James Murdoch to be CEO — Rupert Murdoch preparing to step down as CEO from 21st Century Fox — Rupert Murdoch, the 84-year old CEO and controlling shareholder …

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Twitter Investor Relations:

Dick Costolo out as Twitter CEO, Jack Dorsey to step in as interim CEO, effective July 1 — Twitter Initiates CEO Transition — Dick Costolo to Step Down as CEO on July 1 and Continue on Board of Directors Co-Founder and Chairman Jack Dorsey to Become Interim CEO While Board Conducts …

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Tom Kludt / CNNMoney:

Al Jazeera America's former SVP of programming and documentaries, Shannon High-Bassalik, files suit alleging discrimination, retaliation, editorial interference — Al Jazeera America abandoned ‘journalistic objectivity,’ new suit claims — A fired Al Jazeera America executive filed …

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Brett Zongker / Associated Press:

CEO Jarl Mohn says NPR is set to break even for the first time in six years, podcast revenue up 200% since 2013 — NPR chief says network positioned for growth after struggles — 4 photos — WASHINGTON (AP) — After years of leadership changes and funding deficits …

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EU Press Room:

Antitrust: Commission opens formal investigation into Amazon's e-book distribution arrangements — The European Commission has opened a formal antitrust investigation into certain business practices by Amazon in the distribution of electronic books ("e-books").

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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

Discussion: Bloomberg View, @petersontee and Consumerist

Brendan Sasso / National Journal:

Court Rejects Plea to Block FCC's Net Neutrality Rules — Net neutrality rules will take effect Friday, but the broader legal war will drag on. — A federal court rejected a bid by cable and telecom companies to block new net neutrality rules, paving the way for the expansive Internet regulations to take effect Friday.

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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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Shaun Walker / Guardian:

Azerbaijan bans Guardian from reporting on Baku European Games — The government of Azerbaijan has banned the Guardian, along with a number of media outlets and human rights activists, from entering the country to cover the inaugural European Games which begin on Friday.

Discussion: @icijorg

Jason Burke / Guardian:

Saudi blogger Raif Badawi may receive second set of lashes on Friday — Sentenced to 1,000 lashes for insulting Islam, Badawi received first 50 in January but subsequent rounds were postponed — A Saudi Arabian blogger sentenced to 1,000 lashes may be flogged for a second time on Friday, campaigners fear.

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Jane Elizabeth / American Press Institute:

Q&A with Upworthy's standards chief Matt Savener on the evolution and importance of its fact-checking process — What happens when a curation site emphasizes fact-checking? 5 good questions with Matt Savener of Upworthy — Upworthy defines itself as a curation site for “compelling …

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Joe Otterson / The Wrap:

Showtime Executive Shuffle: David Nevins Elevated to CEO, Matthew Blank Stays Chairman — David Nevins, the current President of Showtime, will become the president and CEO of the network, while current chairman and CEO Matthew Blank will remain as chairman, the company announced Thursday.

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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