Top News:
Forbes:
Sources: Peter Thiel has played a lead role in bankrolling Hulk Hogan's lawsuits against Gawker Media — One of Silicon Valley's best-known investors has been footing a former wrestler's legal bills in lawsuits against a shared enemy. — Peter Thiel, a PayPal cofounder and one of the earliest backers …
Discussion:
Guardian, Boing Boing, Awful Announcing, Mashable, @mattyglesias, @gaberivera, @jwherrman, @brian_solomon, @mattbuchanan, @sarahcuda, @jmcduling, @brian_solomon, @jbruin, @mattbuchanan, @fredbenenson, @caseynewton, @rmac18, @gideonresnick, @dvsch, @lahlahlindsey, @profjeffjarviss, @ggreenwald, @mims, @caseynewton, @felixsalmon, @clarajeffery, @mkapor, @noupside, @kevinroose, @lhfang, @mhelft and Guardian
RELATED:
Andrew Ross Sorkin / New York Times:
Nick Denton speculates that Silicon Valley funding is behind Hulk Hogan lawsuit and two new cases against Gawker
Nick Denton speculates that Silicon Valley funding is behind Hulk Hogan lawsuit and two new cases against Gawker
Discussion:
Recode, Talking Points Memo, CNNMoney, Mediaite, Hollywood Reporter, Real Stories, Awful Announcing, The Wrap, @edmundlee, @moorehn, @pkafka, @mims, @janinegibson, @jyarow, @pmarca, @gaberivera, @blogdiva, @petersterne, @jmcduling and @tolles
Todd Sherman / The Twitter Blog:
Twitter won't count photos, videos, @names in replies toward 140 characters “in the coming months”, will allow self-retweets, touts improved onboarding metrics — Over the past decade, the Tweet has evolved from a simple 140-character text message to a rich canvas …
Discussion:
New York Times, The Verge, @twitter, TechCrunch, Social, Softpedia News, Forbes, VatorNews, SocialTimes, Droid Life, The Mary Sue, Motherboard, TechCrunch, Washington Post, BetaNews, The Huffington Post, @theswitch, @bydanielvictor, Gizmodo, New York Magazine, The Wrap, Consumerist, Adweek, Fast Company, MacStories, @alberteinstein, MacRumors, Digiday, Pocket-lint, @jack, Real Stories, 9to5Mac, BGR, @deturningcruyff, @carlquintanilla, @thenewpi, @ethanklapper, @jeremybotter, @shivaroor, @agentm, @babylonian, @rlwjones, @pelles, @twitteruk, AppAdvice.com Latest, The FADER, @nycsouthpaw, @lanceulanoff, @brianstelter, Variety and CBS Boston
Alan Rappeport / New York Times:
Over 400 writers including Stephen King, David Eggers, Amy Tan, and Cheryl Strayed release online letter opposing Trump — Donald J. Trump has been working to mend fences with many of his detractors, but among literary luminaries it is looking like it will be a tough sell.
Dylan Byers / CNNMoney:
Industry observers and some staff believe BuzzFeed will eventually curtail news to focus on more profitable video and entertainment — Early last year, BuzzFeed CEO Jonah Peretti wrote a blog post titled “Why BuzzFeed Does News,” a battle cry for journalism that had the unintended effect of unnerving some members of the news division.
Discussion:
@paulxharris, @eliasisquith, @petersterne, @rafat, @moorehn, @amzam, @ceodonovan, @dylanbyers, @edmundlee and @peterlauria3
Mark Sweney / Guardian:
Many senior Daily Telegraph staff members fired, including deputy editor Liz Hunt — String of senior staff cuts follow announcement that publisher is seeking to reduce costs — The Telegraph has started a round of targeted cuts of senior newsroom staff including deputy editor Liz Hunt …
Discussion:
Spence on Media, Talking New Media, @marksweney and @iandouglas
Gene Maddaus / Variety:
In internal email late Tuesday, Viacom CEO Philippe Dauman reassures employees, reiterates intent to sell part of Paramount — Viacom CEO Philippe Dauman sent an email late Tuesday to all employees seeking to reassure them about the state of the company. The email, obtained exclusively by Variety …
Discussion:
The Wrap
RELATED:
Tony Maglio / The Wrap:
Sumner Redstone names Tad Jankowski, Jill Krutick to National Amusements board of directors, replacing Philippe Dauman and George Abrams — Sumner Redstone has officially replaced Philippe Dauman and George Abrams in the Sumner M. Redstone Irrevocable Trust.
Discussion:
Adweek, @lucas_shaw, Broadcasting & Cable, New York Times and Variety
Lisa Campbell / Bookseller News:
Waterstones outsources its e-books business to Rakuten's Kobo, effective June 14 — Waterstones is to stop selling e-books from its website and instead divert customers to Kobo's reading platform for digital sales. — The chain book store will begin informing customers of the change …
Discussion:
TechCrunch, Bookseller News, Engadget, Talking New Media and Featured Articles
Hadas Gold / Politico:
Source: Josh Tyrangiel promoted at Vice Media to oversee company's entire news division; 15 digital producers, writers and editors laid off — Josh Tyrangiel is being promoted at Vice Media to oversee the company's entire news division, as part of a reorganization that will see around 15 …
Adi Robertson / The Verge:
Amazon's Comixology launching subscription service for digital comics selections from major indie presses at $5.99/month, not including Marvel or DC comics — Comixology is launching a subscription service that will offer readers “thousands” of digital comics for $5.99 a month.
Discussion:
Comic Book Resources, /Film, Tech Insider, Birth.Movies.Death, Polygon, EW.com and Forbes
Harrison Weber / VentureBeat:
Facebook buys VR audio company Two Big Ears and debuts “Facebook 360 Spatial Workstation”, a free software suite for designing spatial audio — Today Facebook announced it's acquired Two Big Ears, a spatial audio technology company, for an undisclosed sum.
Mike Minotti / VentureBeat:
Interview with Turner Sports executive VP Craig Barry on Eleague's goals, approach, and partnership with Twitch — One of the biggest names in cable television is getting into esports, and it think it can do a better job than current leagues. — Turner's Eleague, which will feature Counter-Strike …
Discussion:
New York Times and Forbes