Top News:
Peter Elkind / Fortune:
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:
Scott Collins / The Wrap:
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
Mike Isaac / New York Times:
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.
Nick Madigan / New York Times:
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
Stassa Edwards / Jezebel:
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.
Alexandra Ellerbeck / Committee to Protect Journalists:
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” …
Jasper Jackson / Guardian:
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
Shan Wang / Nieman Lab:
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.
Daria Sukharchuk / Journalism.co.uk:
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.
Mădălina Ciobanu / Journalism.co.uk:
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
Bloomberg:
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 …
Wall Street Journal:
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
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