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3:15 AM ET, July 12, 2015

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RELATED:
Joshua Topolsky:
Joshua Topolsky reflects on his accomplishments at Vox and Bloomberg, says media is too noisy  —  Hello again  —  As you may have heard (or read), I am leaving Bloomberg.  I'd like to try and explain why.  I never wrote a goodbye letter when I left Vox and The Verge.
Discussion: @whatthebit, @mims and @gaberivera
Dylan Byers / Politico:
Sources: Joshua Topolsky fired as a result of Michael Bloomberg's frustration with the direction of Bloomberg Digital  —  Bloomberg fires top digital editor Josh Topolsky  —  Joshua Topolsky, the top digital editor at Bloomberg, has been fired from the company due to Michael Bloomberg's frustration …
Kara Swisher / Re/code:
Ellen Pao out as Reddit CEO, co-founder and original CEO Steve Huffman takes over immediately; Pao to remain as adviser to the board through end of 2015  —  Pao Out as Reddit CEO; Co-Founder Huffman Takes Over  —  Ellen Pao is stepping down as Reddit's CEO, a move that comes amid mounting pressure …
RELATED:
Sam Altman / Reddit:
Sam Altman promises clarity about content policy of Reddit, says team will create guidelines  —  An old team at reddit  —  Ellen Pao resigned from reddit today by mutual agreement.  I'm delighted to announce that Steve Huffman, founder and the original reddit CEO, is returning as CEO.
Leah Scarpelli / NPR:
Music albums now come out on Fridays, as music industry fights piracy by timing releases to the same day globally  —  Goodbye, Music Tuesday: Starting Today, Albums Come Out On Friday  —  Listen to the Story  —  If you didn't find any new albums on iTunes or in your local music store earlier this week …
Ken Doctor / Nieman Lab:
Scrutinizing Digital First Media's strategy ahead of Paton's retirement June 30: difficult to discern larger plan beyond cutbacks to boost profits  —  Newsonomics: Do newspaper companies have a strategy beyond milking papers for profit?  —  Two months ago, Digital First Media's deal …
Rob Walker / Bloomberg:
The challenges and opportunities for SoundCloud as it grows from a popular app with 12 hours of audio uploaded every minute to a viable business  —  Can SoundCloud Be the Facebook of Music?  —  In ripped white jeans and a midriff-baring SoundCloud T-shirt, 20-year-old Toni Romiti belts …
Glyn Moody / Techdirt:
How China reined in bloggers by using harsh punishment, passing new laws restricting online messaging, and taming Weibo with censorship rules  —  How China Tamed The Country's Top Bloggers, And Took Back The Net  —  Techdirt has been reporting for a while on China's continuing clampdown on the internet …
Discussion: Financial Review
Benjamin Mullin / Poynter:
News outlets vie for global audiences with translated stories  —  The New York Times published a two-part investigation into the city's nail salons in four languages.  —  In May, after more than a year of planning, investigating, writing and editing, The New York Times was almost ready …
Discussion: @poynter, @bgpublic and @michaelluo
 
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 More News: 
Lucia Moses / Digiday:
Clicks, impressions, audience, and views still more important to ad buyers than attention-based metrics
Lisa Rein / Washington Post:
Seven US government agencies to start publishing online the records they release through Freedom of Information Act requests, in a six-month pilot
eMarketer:
New report estimates Netflix will have almost 70M subscribers by year-end, up 28% from end-2014, with Europe driving the expansion
Joe Pompeo / Capital New York:
Staff changes in the video department at The New York Times signal ambitions of higher digital ad revenue
 Earlier Picks: 
Bloomberg Business:
At Sun Valley, New York Times CEO Mark Thompson talks about Facebook's Instant Articles, apps, and journalism careers
Discussion: FishbowlNY
Eriq Gardner / Hollywood Reporter:
Sony Asserts Right to Structure Deal With Spotify Even If Result Disfavors Artists
Discussion: hypebot, Plagiarism Today and Techdirt