Mediagazer: 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 (Peter Sterne/Capital New York)

3:40 PM ET, June 12, 2015

Top News:

Jonathan Mahler / New York Times:

Nick Denton reflects on the expensive Hulk Hogan lawsuit, the dangers of chasing clicks through Facebook, Gawker's purpose, and more — Gawker's Moment of Truth — “I'm pretty sure we have a revolution coming,” said Nick Denton, founder and chief executive of Gawker Media.

Discussion: The Awl, @conordougherty, @ennisnyt, @sarahlellison and @gerstenzang

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.

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, Guardian, @jacobwe, @jonathanmahler, Poynter, @sarahlyall, @nytimesworld, @jotted, @dabeard, Wall Street Journal and Washington Post

Edmund Lee / Re/code:

James Murdoch Is an Old School Media Executive, So Don't Expect Big Changes at His Dad's Empire — James Murdoch finally won. — Rupert Murdoch, his father and everyone's favorite media baron, agreed to hand over the CEO title at his company, 21st Century Fox, to his 42-year-old son, pending board approval.

Discussion: Forbes, AdAge and New York Magazine

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, CNBC, Slate, C21Media, Vox, @davidfolkenflik, Forbes, Mashable 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, Variety, The Wrap, Vanity Fair, Fortune, USA Today, The Huffington Post and Globe and Mail

Nate Swanner / The Next Web:

New York Times to block employee access to its desktop homepage next week to emphasis mobile — The New York Times wisely blocks staff from viewing its desktop homepage — The Grey Lady is changing. She's becoming a modern woman, one who enjoys a 4.7-inch retina display more than her 28-inch desktop monitor.

Discussion: Politico, @csoghoian and @cliffordlevy

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, CNET, Wall Street Journal, 9to5Google, Reuters, BBC, The Next Web, Reuters, Engadget, Politico, New York Times, VentureBeat, Bloomberg Business, Search Engine Land, SlashGear and epic.org

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.

Ross Miller / The Verge:

Google will take on Amazon's Twitch by launching YouTube Gaming, an app and website for live-streamed and on-demand gaming video, this summer in US and UK — Google is launching a ‘YouTube built for gamers’ to take on Twitch — Google is now officially taking on Twitch.

Discussion: AdAge, Business Insider, Washington Post, The Next Web and @lucas_shaw

Benjamin Mullin / Poynter:

Reuters says it isn't gunning for the competition by offering free content — On Tuesday, Reuters announced it was going to begin giving away content to publishers on a scale never before seen in the news agency's more than 160-year history. — It too early to tell what the policy will mean …

Mike Shields / Wall Street Journal:

Ad Tech Firms Find Venture Capital Funding Is Running Dry — It's a tough time to be raising money if you have the words “ad” and “tech” close together in your business plan. — Executives in the advertising technology sector and venture capitalists who are versed in the space say the climate …

Discussion: @ganeumann and AdExchanger

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.