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12:15 PM ET, February 3, 2016

Mediagazer

 Top News: 
Kara Swisher / Re/code:
Yahoo is exploring “strategic alternatives”, says its chairman; CEO Marissa Mayer outlines plans for $400M in cost cuts and asset sales that could bring in $1B+  —  Yahoo for Sale, Says Yahoo, Finally Admitting the Obvious (Also Q4 Results!)  —  Who cares how Yahoo's business performed in its fourth quarter?
RELATED:
William Alden / BuzzFeed:
Yahoo writes down Tumblr's value by $230M, nearly a quarter of what it paid for it in 2013  —  Tumblr Has Lost Almost A Quarter Of Its Value Under Yahoo's Ownership  —  The scene at Tumblr's Year In Review 2014 at Brooklyn Night Bazaar.  —  Rob Kim / Getty Images
Ken Yeung / VentureBeat:
Yahoo announces 15% staff cut, will close 5 overseas offices as part of “aggressive strategic plan”, $1.27B in quarterly revenue, up 1.5% YoY, beating estimates
Betsy Reed / The Intercept:
The Intercept says reporter Juan Thompson fabricated quotes, used fake email accounts to impersonate people, including alleged source, was on staff until Jan.  —  A Note to Readers  —  The Intercept recently discovered a pattern of deception in the actions of a staff member.
RELATED:
Sydney Smith / iMediaEthics:
Talking Points Memo Unpublishes Juan Thompson Essay, Trust with Writer ‘Irrevocably Broken’  —  Talking Points Memo unpublished a freelance first-person essay by Juan Thompson, The Intercept reporter who was fired for fabrication.  —  Talking Points Memo said it didn't believe Thompson's story …
Jeffrey A. Trachtenberg / Wall Street Journal:
Time Launches New Site Called ‘Motto’ for Young Women  —  Publisher aims to ramp up digital advertising with content focused on life, work and play  —  Magazine publisher Time Inc. has launched a new website called Motto aimed at younger women looking for advice about life, work and play.
Alex Weprin / Politico:
ESPN's FiveThirtyEight launching a presidential documentary series  —  FiveThirtyEight, the ESPN-owned news site which emphasizes data over political punditry, is launching a documentary series called “FiveThirtyEight's Election.”  —  The six-part series, which will be produced by ESPN Films …
Greg Bensinger / Wall Street Journal:
Amazon plans to open “300 to 400” brick-and-mortar bookstores, according to CEO of mall operator General Growth Properties  —  Amazon Plans Hundreds of Brick-and-Mortar Bookstores, Mall CEO Says  —  Amazon.com is planning to open as many as 400 brick-and-mortar bookstores …
J.K. Trotter / Gawker:
Harper's Editor-in-Chief Christopher Cox Suddenly Fired After Editing Only Three Issues  —  Last fall, Harper's publisher and CEO John R. MacArthur promoted Christopher Cox, then serving as deputy editor of the 165-year-old literary and political magazine, to editor-in-chief.
Hollywood Reporter:
New York City mayor Bill de Blasio appoints Julie Menin as city's film czar as agency expands into more segments including digital distribution  —  Julie Menin Named New York City Film Czar  —  Julie Menin has been chosen by Mayor Bill de Blasio to serve as New York City's new film czar, it was announced Tuesday morning.
Christopher Palmeri / Bloomberg Business:
ESPN Teams Up With Tencent to Offer Sports Online in China  —  Disney sports division will provide live games, commentary  —  Accord includes NBA, college basketball and X Games events  —  Walt Disney Co.'s ESPN division will offer live games and Mandarin-language sports commentary online …
Malathi Nayak / Reuters:
Comcast Q4: beats expectations with $19.25B total revenue, up 8.5%, video subscribers up 89K; NBCU revenue up 13% to $7.5B  —  Comcast revenue beats Street as NBCUniversal, Internet units grow  —  Comcast Corp posted better-than-expected fourth-quarter revenue on Wednesday …
 
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 More News: 
Ad Age:
Twitter and Facebook say users process mobile content faster, messages can be recalled even with one second of exposure
Discussion: @mikeisaac and TIME
Sarah Perez / TechCrunch:
SoundCloud Gets Its Own Radio Feature With Launch Of “Stations” On iOS And Android
 Earlier Picks: 
Jasper Jackson / Guardian:
PinkNews publishes stories removed from Google under ‘right to be forgotten’
Discussion: mUmBRELLA
Jeremy Barr / Ad Age:
Q4 ad revenue at digital media site Elite Daily, owned by Daily Mail's parent company, up 211% YoY, despite traffic plummeting
Amanda Connolly / The Next Web:
Instagram launches 28-part thriller series, Shield 5, posting 15-second clips daily
 

 
From Techmeme:

Sam Kim / Bloomberg:
South Korean national statistics data: chip output grew 65.3% YoY in February 2024, the most since late 2009, with demand for AI-related memory driving growth

Meredith Whittaker / LPE Project:
The TikTok divestment bill will not offer any meaningful privacy protection from China, but it will further entrench the dominance of US-based social networks

Kyle Wiggers / TechCrunch:
AI21 Labs launches Jamba, an AI model that integrates two architectures: transformer and Mamba, which is based on the Structured State Space model

 
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