Top News:
Vindu Goel / New York Times:
Yahoo scraps Alibaba spinoff plan, will spin off core assets including stake in Yahoo Japan; Max Levchin resigns from board — Yahoo to Spin Off Its Core Businesses — SAN FRANCISCO — Yahoo said on Wednesday that it had dropped a plan to spin off its $31 billion stake in Alibaba, the Chinese e-commerce company.
Discussion:
Wall Street Journal, TechCrunch, Forbes, Ad Age, Street Fight, Fast Company, Mercury News, Bloomberg Business, USA Today, Yahoo, VentureBeat, Re/code, Business Insider, Variety, Re/code, Reuters, SiliconANGLE, Channel NewsAsia, Yahoo! Finance, BBC, CNBC, Wall Street Journal, KCCI-TV, Gizmodo, Bloomberg View, Reuters, The Verge, Re/code, Benzinga, Mashable, Fortune, The Next Web, MarketWatch, Seeking Alpha, CNET, Financial Times, Business Insider, Associated Press, Talking Biz News, Washington Post, ZDNet, CNBC and Engadget
Oliver Darcy / The Blaze:
Leaked Memo: BuzzFeed Editor-In-Chief Says It's ‘Entirely Fair’ to Call Trump a ‘Mendacious Racist’ — BuzzFeed Editor-In-Chief Ben Smith wrote in an email to his editorial staff Tuesday that calling Republican frontrunner Donald Trump a racist on social media does not violate the company's ethics guidelines.
RELATED:
Arianna Huffington / The Huffington Post:
Arianna Huffington announces The Huffington Post will no longer relegate Trump to its entertainment section, noting his impact on other candidates
Arianna Huffington announces The Huffington Post will no longer relegate Trump to its entertainment section, noting his impact on other candidates
Discussion:
Guardian, ABC News, TVNewser, New York Times, Foreign Policy, BBC, Washington Post, Business Insider, Here & Now, FishbowlDC, Variety, @ezraklein, Vox, Mediaite, The Wrap, Vanity Fair, bookforum.com, American Press Institute, Fortune, Poynter, Washington Times, USA Today, Fox News, Donald J Trump for President, Talking Points Memo and Fast Company
Bloomberg Business:
CBS CEO Les Moonves says Apple puts live TV plans on hold; source says media firms want more money for their programming — Apple Said to Suspend Effort to Develop Live TV Service — Focus instead will be on App Store as platform for others — Media companies resist channel package at $30 to $40 a month
Discussion:
Business Insider, Forbes, Multichannel News, International Business Times, AppleInsider, ValueWalkValueWalk, Washington Post, SiliconANGLE, MacRumors, The Verge, Pocket-lint, Fortune, CNET, Macworld, CNET, SlashGear, @jyarow, @pmarca, The Next Web, Ubergizmo, Gizmodo, Engadget, American Press Institute, App Advice, AppleInsider, MacRumors, 9to5Mac, The Verge, Engadget, Forbes, AppleInsider, AppleInsider, MacRumors, VentureBeat, The Verge, AppleInsider, Variety and Daring Fireball
Hannah Karp / Wall Street Journal:
Sources: Spotify to test allowing some musicians to temporarily withhold music from ad-supported version of the service — Spotify to Allow Some Musicians to Withhold Music From Free Service — Last year Taylor Swift pulled her entire catalog from Spotify because the streaming service …
Discussion:
Bloomberg Business, AppleInsider, NetNewsCheck Latest, BBC, Reuters, Metro.co.uk, TIME, The Independent, Associated Press, The Verge, @swiftonsecurity, Music Week, Radio Ink Magazine, Music Week, iDigitalTimes.com, Stereogum, Motherboard, Digital Trends, Digital Spy, stuff.tv, gigwise.com, Neowin, Mashable, Tech Times, Jezebel, BGR, Ars Technica, Billboard, Music Business Worldwide, SiliconANGLE, Guardian, Business Insider, Engadget, AllAccess.com, TIME, BuzzFeed, TechHive, The Verge, Quartz, Gizmodo, Forbes, The Drum, New York Times, BGR, Pocket-lint, Variety, Ubergizmo and Canadianreviewer.com
RELATED:
Lukas I. Alpert / Wall Street Journal:
Tribune Media Invests $25 Million in Dose and OMGFacts — Venture founded by Emerson Spartz specializes in identifying, creating viral content — Emerson Spartz began his media career with the Harry Potter blog he created at the age of 12. Fast forward 16 years and he is still channeling …
Discussion:
Re/code, Ad Age, Poynter, Chicago Tribune, @pkafka, Built In Chicago and AdExchanger
RELATED:
Robert Channick / Los Angeles Times:
Eli Broad: No deal in works to buy Los Angeles Times — The Los Angeles Times buiding and the former Times Mirror Square in a view from the Los Angeles city hall observation deck. — Addressing rumors fueled by a tweet from media mogul Rupert Murdoch, Los Angeles investor Eli Broad said …
Discussion:
The Huffington Post, International Business Times, Wall Street Journal and LA Observed
Paul Farhi / Washington Post:
Diane Rehm, host of her self-titled news show that aired nationally on NPR for two decades, plans to retire after 2016 election — Diane Rehm, an NPR staple, eyes retirement from broadcasting — Diane Rehm, the host of one of public radio's longest-running and most popular news discussion programs …
Discussion:
Jezebel, Mediaite, New York Times, Talking Points Memo, Radio & Television …, CNNMoney, @brianstelter and Politico
Paresh Dave / Los Angeles Times:
ESports video streamer Azubu gets nearly $60 million in debt sale — Azubu is competing with Twitch and YouTube to be the go-to app for watching people compete in video games. — Azubu Inc. is taking on Twitch and YouTube. Those two huge online distributors of video about video games have deep pockets.
Discussion:
VentureBeat, Forbes and Fortune
Beatrice Verhoeven / The Wrap:
Mashable to Distribute First Feature Film “CodeGirl” — Mashable and FilmBuff are partnering to distribute and promote the documentary “CodeGirl,” written and directed by Lesley Chilcott, on Mashable and the social news site's AppleTV app. — “CodeGirl” chronicles teams of high school girls around …
Discussion:
PRWeb, Tubefilter and The Drum
Mike Shields / Wall Street Journal:
Sources: some media firms are pulling back from syndicating videos with AOL On network, uncertain where their videos appear — AOL On's Video Distribution Troubles Media Partners — Network syndicates 2.5 million videos from media companies to place on websites
Peter Kafka / Re/code:
Apple News app updates with a Top Stories tab curated by editors and adds ComScore integration so publishers can get credit from advertisers for traffic — Apple Updates Its News App to Make It More Like a ... Newspaper — Apple is tweaking its News app, with hopes of making …
Discussion:
9to5Mac, CNET, MacStories, TrustedReviews, SiliconANGLE, MacRumors, App Advice, iDownloadBlog.com, Forbes, The Next Web and AppleInsider
Mark Sweney / Guardian:
Time Out to cut about 40 staff in UK and US — Listings title aims to focus on digital as it becomes a global multimedia business — Time Out is to cut about 40 staff at its UK and US operations as part of a strategic refocus of the listings magazine into a global multimedia business.
Dana Rubinstein / Politico:
Port Authority to weigh $25M in incentives for 21st Century Fox and News Corp at 2 World Trade Center; firms would commit to 1.5M square feet for 30 years — Port and New York State consider subsidizing News Corp. lease — New York State and the Port Authority are considering giving …
Discussion:
The New York Observer and The Real Deal New York