Top News:


Reddit moderators shut down popular subreddits after apparent removal of Victoria Taylor, AMA coordinator and Reddit's director of talent — Reddit In Chaos After Allegedly Firing AMA Coordinator Victoria Taylor — If you tried to visit r/IAmA, one of Reddit's biggest subs, recently …
Discussion:
Guardian, Mashable, Business Insider, @kevinroose, SiliconANGLE, @mikeisaac, BBC, CNET, Business Insider, @mikeisaac, @mccanner, Fusion, @zackwhittaker, @startupljackson, @wexler and @asher_wolf


As expensive trial looms, a look at Gawker's financials: $6.52M in operating income in 2014 on $44.2M revenue; debt financing from Silicon Valley Bank — Gawker dodges potentially deadly Hulk Hogan lawsuit — for now — Gawker boss Nick Denton was sitting in the Gramercy Cafe in Manhattan …
Discussion:
JIMROMENESKO.COM, @nicknotned, @alexweprin, @zseward, Quartz, Wall Street Journal, @danprimack and The New York Observer
RELATED:

The Hulk Hogan versus Gawker sex tape trial delayed
Discussion:
Gawker, Tampa Bay Times, @petersterne, Poynter, 10NEWS, Gawker, Reason and @brianstelter

The Guardian US is opening a San Francisco bureau; staff includes Merope Mills, Paul Lewis, Jemima Kiss, and Nigel M. Smith — Merope Mills and Paul Lewis to head up new west coast US bureau for The Guardian — The Guardian is launching an editorial office in San Francisco.
Discussion:
FishbowlNY, @meropemills, @pressgazette and @meropemills


How The New York Times uses startup KeyWee for natural language analysis to find keywords to target Facebook audiences — How The New York Times finds new subscribers on Facebook — Publishers have a lot of tools to bring readers back to their site. But often those visitors amount …


Nielsen: songs streamed in the US up 92.4% YoY to 135.2B, digital song sales down 10.4% to 531.6M, in the first half of 2015 — Americans Stream 135 Billion Songs in First Half of Year — Americans streamed a staggering 135 billion songs and music videos in the first half of 2015 …
Discussion:
VVN Music, Ars Technica and 9to5Mac


SoundCloud updates iOS app with “play related tracks” feature that creates a stream of songs — In Wake Of Apple Music, SoundCloud Update Focuses On Music Discovery, Better User Experience — All the buzz this week may be about the launch of Apple Music …
Discussion:
SoundCloud, SiliconANGLE, Engadget and 9to5Mac


On the road with teen social-media stars of DigiTour, estimated to bring in up to $20M in 2015 — On The Road With The Teen Social-Media Sensations Of DigiTour … Hayes Grier is hungry. It's well after 9 p.m., after a two-hour show and a long day, and the dinner delivery guy is running late …
Discussion:
Business Insider, The Awl and @digiphile


Twitter Updates Audience Insights & Introduces Persona Targeting — New features give advertisers more demographic information about their paid audiences and streamlines category targeting. — Twitter today announced an update to its audience insights dashboard and introduced a streamlined …
Discussion:
The Twitter Blog, BuzzFeed, Adweek, VentureBeat and The Next Web


Texas town apologizes for sending Gawker a FOIA request bill for $79K related to police abuse video, calls it a mistake — McKinney, Texas, Apologizes for “Erroneous” $79,000 FOIA Bill — Wednesday evening, a spokeswoman for McKinney, Texas, apologized to Gawker for sending a $79,000 bill …
Discussion:
@bubbaprog and @chrisgeidner


Digital media M&A grew in first half of 2015, with 1,243 deals globally, up about 24% from 1,000 in first half of 2014 — Digital Media M&A Accelerated in First Half of 2015 — Mergers and acquisitions in the digital media space are accelerating, according to data from investment banking and strategic advisory firms.


MPAA paid to renovate screening rooms in at least four US embassies in 2014 as it lobbied US government on piracy and copyright rules — As Hollywood Lobbied State Department, It Built Free Home Theaters for U.S. Embassies — Four U.S. Embassies got upgraded screening rooms last year …
Discussion:
@eff, @robertfaturechi and @robertfaturechi


Prince sends takedown requests to Spotify, Rdio, and Deezer — Prince Won't Stream 4 U (Unless You're On Tidal, Or Maybe Google Music) — Call it the Taylor effect: it looks like another high-profile musician is sharpening his arrows to take aim at how streaming music services pay artists.
Discussion:
Billboard, @cjc, SiliconANGLE, The Verge, Bloomberg Business, Forbes, BuzzFeed, AppleInsider, SlashGear, GeekWire, Globe and Mail, Engadget, Radio.com, UPROXX, The Next Web and Stereogum