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.
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Wall Street Journal, TechCrunch, Forbes, Ad Age, Street Fight, Mercury News, Fast Company, Bloomberg Business, Re/code, Re/code, Yahoo, VentureBeat, USA Today, Business Insider, Variety, Wall Street Journal, Tech Times, Reuters, SiliconANGLE, Gizmodo, Channel NewsAsia, Yahoo! Finance, BBC, CNBC, Wall Street Journal, KCCI-TV, Bloomberg View, The Verge, Benzinga, Mashable, Financial Times, Fortune, The Next Web, Reuters, CNET, Associated Press, Seeking Alpha, MarketWatch, Business Insider, Talking Biz News, Washington Post, ZDNet, Engadget and CNBC
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
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Business Insider, International Business Times, Forbes, Multichannel News, AppleInsider, App Advice, ValueWalkValueWalk, Washington Post, MacRumors, SiliconANGLE, The Verge, Pocket-lint, CNET, Macworld, CNET, Fortune, Tech Insider, SlashGear, @jyarow, @pmarca, The Next Web, Ubergizmo, Gizmodo, Engadget, American Press Institute, VentureBeat, 9to5Mac, AppleInsider, MacRumors, 9to5Mac, The Verge, Engadget, Forbes, AppleInsider, AppleInsider, MacRumors, The Verge, AppleInsider, Variety and Daring Fireball
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.
Discussion:
@buzzfeedben, Politico, CNNMoney, The Wrap, @antderosa, @yaboyberniesand, Talking Points Memo, Gawker, The Drum, @glynnmacn, @mattyglesias, @eliasisquith, @jmsummers, @mattbors, Mediaite, @azi, Business Insider, @davidfolkenflik, @davidfolkenflik, @ggreeneva, @elongreen and American Press Institute
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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
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Guardian, ABC News, Fusion, TVNewser, New York Times, Foreign Policy, BBC, Washington Post, Business Insider, Here & Now, FishbowlDC, Variety, @ezraklein, Vox, Mediaite, The Wrap, bookforum.com, American Press Institute, Vanity Fair, Fortune, Poynter, Washington Times and USA Today
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, BBC, Reuters, Metro.co.uk, TIME, The Independent, Associated Press, NetNewsCheck Latest, The Verge, @swiftonsecurity, Music Business Worldwide, 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, SiliconANGLE, Business Insider, Engadget, AllAccess.com, TIME, BuzzFeed, TechHive, The Verge, Quartz, Gizmodo, Forbes, The Drum, New York Times, BGR, Pocket-lint, Variety, Guardian, Ubergizmo and Canadianreviewer.com
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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:
NPR, Mediaite, Newser, NPR, Washington Post, Plain Dealer, EW.com, New York Magazine, Radio Ink Magazine, news.stlpublicradio.org, DCist, NewsCut, WCPO, Jezebel, The Kojo Nnamdi Show, kspr.com, The New York Observer, New York Times, Talking Points Memo, AllAccess.com, Radio & Television …, @brianstelter and Politico
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, Chicago Business, Poynter, @pkafka, Chicago Tribune, Built In Chicago and AdExchanger
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
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
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.
Discussion:
Adweek
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
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
Mark Scott / New York Times:
Europe to create a digital single market in which digital content can be temporarily viewed throughout the EU regardless of European country of purchase — Europe Plans to Ease Copyright Rules on Using Digital Content — Europe's policy makers on Wednesday will announce far-reaching plans …
Discussion:
BBC, VentureBeat, The Irish Times, Telegraph, EU Press Room, Guardian, Forbes, Computer Business Review, International Business Times, Total Telecom, Politico, Channel NewsAsia, EU Press Room, Broadband TV News, V3.co.uk, Phys.org, Ars Technica, TBI Vision, Hollywood Reporter, Bloomberg Business, Reuters, Wall Street Journal, CNBC, Financial Times, EU Press Room, Daily Mail, Advanced Television, TorrentFreak and Finextra Research news
Frank Bajak / Associated Press:
South America hacker team targets dissidents, journalists — 2 photos — LIMA, Peru (AP) — A shadowy cyber-espionage group that sent malware to the prosecutor whose mysterious death transfixed Argentina early this year has been hitting targets in left-leaning nations across South America …
Discussion:
The Citizen Lab and Motherboard
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