Top News:


Sources: Sumner Redstone ousts Viacom CEO Philippe Dauman and director George Abrams as trustees of entity that will control Viacom and CBS — Sumner Redstone, it seems, has at least one power move left in him—and he appears to be using it to benefit his daughter, Shari.
RELATED:


Viacom: Move to Oust Philippe Dauman ‘Extremely Disrupting and Damaging’ — The war over the fate of Viacom continues to intensify, with the media conglomerate blasting efforts to remove the CEO from a trust that could control the fate of the company. — Late Friday, Viacom boss Sumner Redstone …
Discussion:
Fortune


Current and former workers say Facebook Trending Topics group was ill-managed, relied on personal news judgment, had no intentional, institutional bias — SAN FRANCISCO — Last July, in a seventh-floor conference room at Facebook's Lower Manhattan offices, a small group met to discuss the future of news media on the social network.


A look back at the abrupt end to The Tampa Tribune after a protracted war with The Tampa Bay Times — TAMPA, Fla. — A pair of 18-wheel rigs waited outside the former printing plant of The Tampa Tribune on a recent afternoon. Workers were busy dismantling machinery and hauling it away, preparing for the building's demolition.
Discussion:
@staceyshick


Reaction to a horrid post on xoJane about an ex-friend's death reveals nasty formula fueling personal essays — On Thursday, xoJane published an essay titled “My Former Friend's Death Was a Blessing,” which outlines a series of petty grievances with a woman who, the piece reveals, later committed suicide.

Trump's insults against journalists should be taken seriously as they can lead to self censorship, antagonism, and be a prelude restrictive media legisltion — Republican presidential candidate Donald Trump has called the mainstream media “crooked” “unfair” “troublemakers” …


Walt Disney under pressure to stop Vice Media making tobacco ads — Campaigners target Frozen and The Jungle Book maker, which owns about 10% of youth-focussed media company — Anti-tobacco campaigners are pressuring Walt Disney to use its $400m (£274m) stake in Vice Media to stop …
Discussion:
@tobaccofreekids and @mattgarrahan


Columbia-based CONNECTAS nonprofit network connects reporters in Latin America and publishes collaborative investigating pieces — More than 100 media organizations partnered with the The International Consortium of Investigative Journalists on the initial swath of stories in the Panama Papers leak.


Inside Agência Pública, the Brazilian investigative journalism agency led by women — Co-founder Natalia Viana shares insights into what it's like to work with a majority-female investigative team in Brazil — Credit: Image by armandolobos on Flickr. Some rights reserved.


CNN en Marcha's two mobile studios will cover news and events on the West and East coasts in the United States for CNN's Spanish channels — CNN en Marcha's two mobile studios will cover news and events on the West and East coasts in the United States for CNN's Spanish channels

Sources: China proposes acquiring stakes and board seats in country's online video companies to increase control — Government plan said to including stakes, board seats — China's Communist Party tightening grip over online content — China's media regulator is proposing online video …


Sources: Verizon and others are expected to bid $2B to $3B for Yahoo's core business, less than $4B to $8B figure reported earlier — Most of previous bids for core business came in the range of $4 billion and $8 billion; bids are due first week of June — Verizon Communications Inc …
Discussion:
Business Insider, Los Angeles Times, Fortune, USA Today, Tech Trader Daily, Variety, Recode, New York Times, @edmundlee, @pkafka, @karaswisher, @cnbcnow, Silicon Valley Business …, FishbowlNY, CNBC, The Next Web, Deadline, Vanity Fair, Fortune, International Business Times, City A.M., FX News Call, CNET, Forbes, The Drum, @ivanthek, @scottmaustin, @mikeindustries and Fast Company