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12:40 PM ET, August 21, 2015

Mediagazer

 Top News: 
Daniel Ek / Spotify Blog:
Spotify apologizes for confusion over privacy policy, clarifies that no information will be collected without explicit permission  —  SORRY.  —  We are in the middle of rolling out new terms and conditions and privacy policy and they've caused a lot of confusion about what kind of information we access and what we do with it.
RELATED:
Thomas Fox-Brewster / Forbes:
New Spotify privacy policy says it can collect data on location, sensors, and photos from your phone  —  Location, Sensors, Voice, Photos?!  Spotify Just Got Real Creepy With The Data It Collects On You  —  Spotify has updated its privacy policy, and users should be careful about what they agree to.
Wall Street Journal:
Authors United asks US Department of Justice to investigate Amazon's “unprecedented power” in book market  —  Authors Group Seeks DOJ Probe of Amazon  —  Authors United says online retailer has ‘unprecedented power’ in book market  —  A group of prominent authors says Amazon.com Inc. has …
Michael Calderone / The Huffington Post:
Politico confirms Mike Elk has left the company, says his departure is unrelated to his efforts to unionize the newsroom  —  Politico Denies Unionizing Effort Was Behind Reporter's Departure  —  The company says remaining staff members are free to organize.
RELATED:
Miranda Ward / mUmBRELLA:
Fairfax confirms 25 jobs to go from community papers while The Land loses 16 positions  —  Fairfax Media has confirmed about 25 full-time equivalent positions across its suburban papers in Sydney and 16 positions at The Land will be made redundant as the publishing company moves ahead with a proposed restructure.
Mark Sweney / Guardian:
BBC radio stations failing northern listeners, report says  —  Trust report says Radio 4 and 5 have become even more skewed to audiences in the south-east of England despite departments moving to Salford  —  BBC Radio 4 and Radio 5 Live are failing to appeal to northern listeners, according to a report published by the BBC Trust.
Tom Cheredar / Gigaom:
Flipboard update brings personalization to news feed with voting options using Zite technology  —  Ahead of Apple News launch, Flipboard adds voting to its news feed  —  Digital magazine app Flipboard is getting an update that will allow users to fine-tune the news feed that appears …
Guy Patrick Cunningham / Los Angeles Review of Books:
Even with persistent commercial pressures, journalists have a responsibility to push for a higher quality of work and not to settle down  —  Don't Settle: The Journalist in the Shadow of the Commercial Web  —  JOURNALISM serves two important roles: it keeps us informed about political …
Business Insider:
Netflix stock falls about 8% on Thursday amid broader media stock retreat  —  Netflix is crashing hard as tech and media stocks plunge  —  Netflix shares are crashing today — down almost 8% as of this writing.  —  The entire stock market's having a bad day, with tech stocks slumping across the board …
Robert Cookson / Financial Times:
Spotify bans record labels from paying people who control playlists to promote songs  —  Spotify bans ‘payola’ on playlists  —  Spotify is cracking down on a controversial practice known as “payola”, in which record labels pay people who control influential playlists on the music streaming service to promote certain songs.
Discussion: Complete Music Update
RELATED:
Glenn Peoples / Billboard:
Sources: streaming music playlists are influenced by “pay for play”, like radio payola, and practice is part of music label marketing
 
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 More News: 
Kurt Wagner / Re/code:
Twitter Is Selling Video Ads on Apps That Aren't Twitter
Discussion: Digiday, VentureBeat, AdExchanger and Ad Age
Tobias Buck / Financial Times:
Soon-to-be-launched news site El Español has 9K subscribers and several high-profile Spanish investigative reporters
Natalie Andrews / Wall Street Journal:
Political ads coming to Instagram as the platform offers 2016 presidential candidates new ad targeting options
Discussion: Wired
 Earlier Picks: 
Samuel Gibbs / Guardian:
Google ordered by UK's ICO to remove nine links to current news stories about the right to be forgotten
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 12%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Ben Glickman / Wall Street Journal:
The US awards Micron up to $6.1B under the CHIPS Act, to back an up to $125B investment to build a megafab in New York and a fab in Idaho over the next 20 years
 
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