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2:05 PM ET, September 29, 2015

Mediagazer

 Top News: 
Peter Kafka / Re/code:
Axel Springer acquisition of Business Insider sets new mark for digital publisher sales  —  Sold!  Axel Springer Bets Big on Digital, Buys Business Insider.  —  Earlier this year, German publisher Axel Springer tried and failed to buy the Financial Times.  Now it's acquiring Business Insider.
RELATED:
Kenneth Wong / Bloomberg Business:
Axel Springer Buys 88% of Business Insider for $343 Million  —  German media company Axel Springer SE agreed to buy an 88 percent stake in Business Insider Inc. for $343 million.  —  Axel Springer already owns a 9 percent stake in New York-based Business Insider, which runs …
Re/code:
Sources: Twitter building new product to let users share tweets longer than 140 characters, enabling publication of longform content on the platform  —  Twitter Plans to Go Beyond Its 140-Character Limit  —  Twitter is building a new product that will allow users to share tweets that are longer …
John Cassidy / New Yorker:
Financial Times CEO John Ridding on the paper's acquisition by Nikkei and how journalism shot itself in the foot by going for mass-reach, low quality  —  The Financial Times and the Future of Journalism  —  In a generally depressing decade for newspapers, the Financial Times …
RELATED:
Roy Greenslade / Guardian:
Over 200 Financial Times journalists sign a letter calling for Nikkei to formalize guarantee of editorial independence
Discussion: Talking Biz News
Todd Spangler / Variety:
Comcast launches web video service Watchable with 30 partners including Vice, Vox, and Buzzfeed  —  Comcast Launches Watchable: Can Web Video Help Save Cable TV?  —  Cable giant debuts service with 30 content partners, available on set-tops, apps and online
Krishnadev Calamur / The Atlantic:
Ta-Nehisi Coates is among 24 recipients of genius grants from the John D. and Catherine T. MacArthur Foundation  —  ‘Geniuses’ Revealed  —  The Atlantic's Ta-Nehisi Coates is among this year's 24 recipients of “genius” grants from the John D. and Catherine T. MacArthur Foundation.
Brendan James / International Business Times:
Al Jazeera America Will Not Recognize Union: NLRB Elections Underway  —  After several weeks, the management at Al Jazeera America (AJAM) has decided not to recognize the union drive announced by staffers on Sept. 3, putting into motion an election in which votes will be cast by employees …
Variety:
Trevor Noah Vows to ‘Continue the War on Bull—’ in ‘Daily Show’ Opening  —  Trevor Noah spent his first four minutes as host of “The Daily Show” paying tribute to his predecessor Jon Stewart and acknowledging the debate that ensued over who should succeed Stewart at the helm of the Comedy Central franchise.
Doc Searls Weblog:
Ad blocking is a form of boycott that could improve relationships between marketers and customers  —  Beyond ad blocking — the biggest boycott in human history  —  According to Business Insider, ad blocking is now “approaching 200 million.”  —  Calling it a boycott is my wife's idea.
Discussion: @jbenton and @dangillmor
Janko Roettgers / Variety:
Samsung to Shutter Milk Video Service in November  —  Senior Silicon Valley Correspondent @jank0  —  Samsung is shuttering its Milk Video service in November.  The company announced the shut-down on Google Play Monday, writing: “While we remain committed to providing premium entertainment services …
RELATED:
Mike Shields / Wall Street Journal:
Verizon's go90 Mobile Video Service Signs Up Publicis in Exclusive Ad Deal
Discussion: Adweek, Ad Age and Multichannel News
Dominic Ponsford / Press Gazette:
Sun reporter Mazher Mahmood to face trial charged with conspiracy to pervert the course of justice  —  Sun reporter Mazher Mahmood is to face trial accused of conspiracy to pervert the course of justice.  —  The news comes just after a year after he was suspended from his job following …
Discussion: iMediaEthics
Samuel Gibbs / Guardian:
Google launches new Chromecast and Chromecast Audio streaming dongles  —  Updated smart TV dongle improves Wi-Fi and reduces buffering while new audio connector turns almost any hi-fi smart with wireless audio streaming  —  Google has announced two new Chromecast streaming gadgets …
 
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 More News: 
Dave Philipps / New York Times:
U.S Army tried to kill New York Times story by withholding information, hoped to encourage more favorable story from other outlets
Discussion: @jonswaine
Jack Marshall / Wall Street Journal:
Digital Content Next study: fraudulent traffic is 2.8% at member sites like Conde Nast, ESPN, Vox Media, CBS, NBCUniversal, NYT, vs. 11% on wider Web
Discussion: Nieman Lab and Medium
 Earlier Picks: 
Sam Biddle / Gawker:
App Store removes app with push notifications for drone strikes due to “excessively crude or objectionable content”
Shan Wang / Nieman Lab:
Pocket FM portable transmitter spreads FM signal over 6 km radius for people in crisis areas
Peter Kafka / Re/code:
Medium says it raised $57M in a round led by Andreessen Horowitz, at a $400M valuation according to sources
Roy Greenslade / Guardian:
Ashley Highfield, CEO of Johnston Press, talks about digital news, the BBC's regional plans, and mergers and competition
Discussion: @alexgubbay