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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
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Andrew Ross Sorkin / New York Times:
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
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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
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