Top News:
Sarah Lyall / New York Times:
James Murdoch's resurrection in US after scandal in UK is complete, now considered a great strategist with extraordinary long-term vision — Once Down, James Murdoch Is Guided Back to the Top — It would be hard to overstate how bad James Murdoch's reputation was in London when he left town some three and a half years ago.
Discussion:
Wall Street Journal, Poynter, @jacobwe, @jonathanmahler, @jotted, Wall Street Journal, @nytimesworld, @dabeard and Washington Post
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James Warren / Poynter:
Q&A with David Folkenflik, author of Murdoch's World, on what happens next with Murdoch empire — The power shift in the Murdoch Empire: What it really means — What does the transition in power at 21st Century Fox actually mean? — What might happen to the newspapers Rupert Murdoch loves …
Discussion:
The Week, Variety, Vox, @davidfolkenflik, Forbes, Mashable, Washington Post, CNNMoney and Re/code
Brian Stelter / CNNMoney:
Fox News' Chairman Roger Ailes untouched in Murdoch shuffle — Within 21st Century Fox, how important is Fox News and how unique is Roger Ailes? — So important, so unique that Ailes will continue to report to Rupert Murdoch, even as the 84-year-old media mogul's sons James and Lachlan …
Discussion:
The Wrap, The Wrap, Fortune, Variety, Vanity Fair, USA Today, Globe and Mail and The Huffington Post
Peter Sterne / Capital New York:
Gawker faces skeptical judge and jury in Hulk Hogan's Fla. hometown, as $100M sex-tape lawsuit that could have dire financial consequences goes to court July 6 — Gawker in the fight of its life with Hulk Hogan sex-tape suit — Nick Denton is preparing for the biggest fight of his life.
Discussion:
Nick Denton, @coreypein, @alexburnsnyt, @pkafka, @nicknotned, @sherman4949, @mathewi, @sfiegerman, @jyarow, @felixsalmon, Business Insider and The Week
Farhad Manjoo / New York Times:
Twitter should focus on live news and events, using human editors to create curated feeds — For Twitter, Future Means Here and Now — Here, in 140 characters or less, is some free advice for Twitter's next chief executive: Focus on live events. … That may sound a bit simplistic.
Discussion:
Fortune, Mashable, Medium, The New York Observer, PandoDaily, Vox, Business Insider, Bloomberg View, Bloomberg Business, Re/code, MediaNama, @brianstelter, @richarddeitsch, @martinbeck, @vivian, @fmanjoo, The Atlantic, Guardian, Wall Street Journal, VatorNews, Eamonn Fitzgerald's Rainy Day, Variety and Adweek
RELATED:
Twitter Investor Relations:
Dick Costolo to step down as Twitter CEO, will remain on board; Jack Dorsey to become 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 …
Discussion:
@dickc, Re/code, Re/code, New York Times, Forbes, Reynolds Center, CNBC, Reuters, TechCrunch, Fortune, The Verge, Business Insider, The Verge, Fortune, @twitter, Daring Fireball, The Huffington Post, Globe and Mail, @twitterir, The Next Web, Adweek, AppleInsider, VatorNews, Fusion, GeekWire, SocialTimes, SlashGear, Telegraph, VentureBeat, Reuters, Business Insider, The Wrap, NPR, The Week and Cablefax
Lara O'Reilly / Business Insider:
Video ad tech company TubeMogul raises $82.9M in secondary market offering — TubeMogul CEO on $83 million raise: The ad tech market may be hurting, but we're not — Video ad tech company TubeMogul has just raised $82.9 million in a secondary market offering. — Its stock is currently trading down around 6% on the news.
Discussion:
Wall Street Journal and AdExchanger
BBC:
Greece's state broadcaster ERT back on air after two years — Greece's state broadcaster ERT went back on air on Thursday, two years after being closed down under austerity measures. — The radio and television channels shut in June 2013 after the then-government called it “a haven of waste”.
Romain Dillet / TechCrunch:
8tracks Closes $2.5 Million Debt Line, Signs More Direct Licensing Deals With Music Labels — Music streaming service 8tracks has been profitable since 2012, but wants to move faster. For its new round of funding, the company chose to secure a $2.5 million debt financing from Silicon Valley Bank.
Discussion:
VentureBeat and Billboard
Keith J. Kelly / New York Post:
Consumer Reports makes new hires to strengthen digital focus and closes two smaller print properties, ShopSmart and Money Adviser — Consumer Reports kills magazine, sparks labor dispute — Consumer Reports is pulling the plug on its 9-year-old ShopSmart magazine.
Discussion:
Folio
Natasha Lomas / TechCrunch:
French privacy watchdog demands Google make right to be forgotten delistings global, gives 15 days to comply — Google Must Expand Privacy Delistings, Says French Watchdog — The French data protection watchdog has ordered Google to widen its implementation of the so-called European 'right …
Discussion:
RSS CNIL, VentureBeat, Reuters, BBC, Bloomberg Business, Reuters, Politico, New York Times, Wall Street Journal, The Next Web and Engadget
Kristen Hare / Poynter:
Winners announced for Mirror Awards honoring excellence in media industry reporting — Winners of Mirror Awards announced today — Winners of the 2015 Mirror Awards were announced on Thursday. The awards are hosted by Syracuse University's S.I. Newhouse School of Public Communications.
Discussion:
mirrorawards.syr.edu, @jacquelinejg, @condenast, @annargriff, @mirrorawards and nieman.harvard.edu