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8:05 PM ET, April 28, 2016

Mediagazer

 Top News: 
Variety:
Comcast buys DreamWorks Animation for $3.8B in cash, $41 a share; total equity value of deal, including debt, is $4.1B  —  NBCUniversal to Acquire DreamWorks Animation for $3.8 Billion … NBCUniversal has set a deal to buy DreamWorks Animation for $3.8 billion in cash.
RELATED:
Ryan Faughnder / Los Angeles Times:
Katzenberg will step down as DreamWorks Animation CEO, will chair DreamWorks New Media, including Awesomeness TV and NOVA, will also be NBCUniversal consultant  —  Katzenberg to relinquish DreamWorks Animation CEO role after Comcast deal  —  Jeffrey Katzenberg, the Hollywood mogul whose name …
Erik Wemple / Washington Post:
Huffington Post editor spiked April 6 story pitch about sleeping Uber driver due to parnership with Uber on “drowsy driving” campaign, later apologizes  —  Huffington Post killed story pitch critical of Uber  —  Uber yesterday announced that Huffington Post Editor …
Sarah Frier / Bloomberg:
Sources: Snapchat hits 10B daily video views, up from 8B in February; over a third of daily users create Stories  —  Snapchat User Content Fuels Jump to 10 Billion Daily Video Views  —  More than a third of daily users said to create snap stories  —  Daily video views increase from 8 billion in February
Rupert Neate / Guardian:
New York Times CEO Mark Thompson sued in US district court on claim of ageist, racist, and sexist hiring practices  —  New York Times boss sued over alleged ageist, racist and sexist hiring practices  —  Paper denies ‘unjustified’ claims that CEO Mark Thompson introduced culture that favors 'young …
Sarah Perez / TechCrunch:
In apparent move to boost visibility, Twitter switches its App Store category from Social Networking to News, where it ranks No. 1  —  Twitter aims to boost its visibility by switching from ‘Social Networking’ to ‘News’ on the App Store  —  Following yet another quarter of sluggish user growth …
Cynthia Littleton / Variety:
‘American Idol’ Producer Core Media Group Files for Chapter 11 Bankruptcy … Core Media Group, home of 19 Entertainment's “American Idol” and “So You Think You Can Dance,” was expected to file Thursday for Chapter 11 bankruptcy protection in New York.  —  Core was part of the joint venture …
Lloyd Grove / The Daily Beast:
Sources: about 40 are being laid off at Glenn Beck's The Blaze, including 20 in New York  —  40 Layoffs As Glenn Beck's ‘Blaze’ Empire Continues Its Decline and Fall  —  Sources estimate that 20 ‘Blaze’ employees will lose their jobs in New York, a dozen in Washington, five in Ohio …
Thomas Fuller / New York Times:
UC Davis Chancellor Linda P.B. Katehi removed from post pending investigation into use of funds to scrub 2011 pepper-spraying incident from search  —  University of California, Davis, Chancellor Is Removed From Post  —  SAN FRANCISCO — The chancellor of the University of California …
Dylan Byers / CNNMoney:
Sources: Politico in talks with reporters Jake Sherman, Anna Palmer about taking over as Playbook co-authors when Mike Allen leaves  —  Politico in talks with new ‘Playbook’ authors  —  Politico Playbook, the influential morning newsletter read by Washington's power players and political junkies, will have a life after Mike Allen.
 
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 More News: 
Chris O'Shea / FishbowlNY:
Crain Communications - behind Crain's New York - launching sites in 35 markets, will feature curated newsletters, and local and national news
Discussion: Talking Biz News
Mark Sweney / Guardian:
Elizabeth Denham, ex-British Columbia information commissioner who led major investigation into Facebook's privacy controls, named UK information commissioner
 Earlier Picks: 
Georg Szalai / Hollywood Reporter:
SiriusXM reports Q2 earnings of $171M, ended March with 30.1M subscribers
Discussion: PR Newswire
Brian Steinberg / Variety:
Viacom Q2 revenue falls 3% to $3B, compared to $3.08B in same period last year
Discussion: Fortune
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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