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1:20 PM ET, October 28, 2015

Mediagazer

 Top News: 
Wall Street Journal:
IBM to buy Weather Co's digital and data assets but deal doesn't include traditional TV channel business  —  IBM to Buy Weather Co.'s Digital, Data Assets  —  International Business Machines Corp. agreed to acquire the digital and data assets of Weather Co., owner of the Weather Channel.
RELATED:
Alex Weprin / Politico:
Weather Channel eyes ‘hyper-local streaming service’ after selling digital assets to IBM  —  IBM has purchased the digital and data assets of The Weather Company, parent company of The Weather Channel.  As part of the deal, Weather.com, Weather Channel's suite of apps, and its weather forecasting technology will go to IBM.
Noah Kulwin / Re/code:
Sources: SXSW organizers weigh all-day event focusing on combatting online harassment following BuzzFeed and Vox reaction to panel cancellations  —  Exclusive: After Gamergate Misstep, SXSW Weighing an All-Day Forum on Online Harassment  —  SXSW festival organizers are considering …
RELATED:
T.C. Sottek / The Verge:
Vox Media and The Verge will not attend SXSW unless it takes harassment seriously
Peter Sterne / Politico:
Gawker president and general counsel Heather Dietrick thinks Gawker likely to lose Hulk Hogan lawsuit, but that award will be much less than $100M sought  —  Gawker president: ‘More likely than not’ we'll lose Hogan case  —  Gawker Media president and general counsel Heather Dietrick thinks that it is …
Agence France-Presse:
Turkish police storm offices of opposition media group  —  Istanbul (AFP) - Turkish riot police firing tear gas and water cannon on Wednesday stormed into the Istanbul headquarters of a media group linked to President Recep Tayyip Erdogan's main rival, just days before a weekend election.
Benjamin Mullin / Poynter:
Lena Dunham teams up with Hearst Magazines to monetize Lenny Letter  —  Before “Girls” creator Lena Dunham became the latest celebrity to launch a newsletter, she hinted that it would eventually be accompanied by some form of advertising.  —  Nearly a month after the debut of Lenny Letter …
Mark Sweney / Guardian:
Trinity Mirror announces plan to acquire Local World in £220M deal, making it UK's largest regional news group with more than 200 titles  —  Trinity Mirror confirms £220m Local World deal  —  Daily Mirror owner will become UK's biggest regional newspaper publisher as it takes control of more than 100 titles
Jim Romenesko:
Toledo Blade kills print edition for almost all holidays; Newspaper Guild protests the move  —  No printed edition on most holidays  —  In an effort to encourage more traffic to our online products - toledoblade.com and the eBlade - we are making an adjustment in our print-publication schedule.
Noah Kulwin / Re/code:
Gawker's New Editor Is Alex Pareene, Formerly of First Look and Salon  —  Despite talk of making Gawker “20 percent nicer,” the newly appointed editor of Gawker.com is an old name — Alex Pareene.  —  In a memo today, Gawker Media Executive Editor John Cook announced that Pareene …
Joshua Brustein / Bloomberg Business:
Breitbart launches Breitbart Tech section with six full-time staffers, led by Milo Yiannopoulos, known for his contrarian views on Internet culture  —  Breitbart News Is Preparing to Troll Tech  —  The right-wing site is launching a tech section to combat progressive opinions about technology and Internet culture.
RELATED:
Susannah Cullinane / CNN:
Saudi blogger Raif Badawi to be flogged again, wife says  —  Saudi court upholds 1,000-lashes sentence for blogger  —  (CNN)A Saudi blogger convicted of “insulting Islam” is expected to receive the second 50 lashes of a 1,000-lash sentence soon, his wife says.
Reuters:
Honduran paper of family in U.S. money laundering probe closes  —  Oct 27 A daily newspaper belonging to a wealthy, politically connected Honduran family accused by the United States of laundering drug money said it would close on Tuesday due to a lack of money.
Discussion: Associated Press
Kurt Wagner / Re/code:
Twitter reports 320M MAUs in Q3, an increase of just 4M, and EPS of $0.10 against $0.05 expected; stock down more than 12% in after-hours trading  —  Twitter Stock Tanks on Stagnant User Growth, Lowered Expectations  —  Twitter's user growth has clearly started to slow down, and that continues to hurt the business.
 
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 More News: 
Erik Wemple / Washington Post:
Labor activist-cum-reporter Mike Elk reaches settlement with Politico over summer departure
Discussion: @mikeelk
Brenden Mulligan / Medium:
Startups targeting musicians as customers struggle because the musicians aren't in a position to spend on services
Casey Newton / The Verge:
Twitter turns to TV ads to increase reach; advertisements debut during World Series
Ben Williams / Adblock Plus and (a little) more:
Axel Springer serves Adblock Plus website with court papers, demanding they remove forum posts on how to get around Bild's ad block blockade
Erik Sass / MediaPost:
McClatchy reports Q3 revenue of $258.1M, down 7% YoY, with falling ad and circulation sales
Discussion: Forbes
 Earlier Picks: 
Mark Bergen / Re/code:
Google brings podcasting to Play Music's free and paid tiers, to be available to listeners in coming months
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

Ryan Browne / CNBC:
Telegram partners with Tether to let the messaging app's ~900M users send USDT to each other through The Open Network blockchain

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets
 
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