Top News:
New York Times:
Some Silicon Valley luminaries, including Vinod Khosla and Jessica Livingston, express approval for Peter Thiel's tactics against Gawker — SAN FRANCISCO — After the news that one of Silicon Valley's stars secretly funded a lawsuit to bring down a gossip site, the overwhelming response …
Discussion:
Guardian, @bcappelbaum, @ggreenwald, New York Post, @mdudas, @davidbix, @dangillmor, @mattocko, @fmbutt, @karaswisher, @melissakchan, @alexia, @pt, @pt, @gabrielroth, @katierogers, @jessepesta, @jesslivingston, @mathewi, New Republic, Talking Points Memo, @dangillmor, Talking Points Memo, CNNMoney, INSIDER and Reuters Breakingviews
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Kevin Dugan / New York Post:
Pierre Omidyar's First Look Media is reaching out to media organizations about filing amicus briefs in support of Gawker's appeal — Two Silicon Valley billionaires with a history of bad blood are squaring off over Gawker. — Pierre Omidyar, an eBay co-founder, is leading the charge …
Discussion:
Newser, Forbes, @pierre, Reuters, CNNMoney, @xor, VentureBeat, BuzzFeed, @clarajeffery, @reformedbroker, @pierre, Daily Mail, SFist, SiliconBeat, The Wrap, TechCrunch, @sarahw, Fast Company, @sarahw, @john_brindle, @becket, Business Insider, @aminatou, @justinjm1, @lissawicks, New York Times, Slate, @nitashatiku and Wall Street Journal
Will Oremus / Slate:
Peter Thiel's secret war against Gawker proves Silicon Valley needs a Valleywag to hold its powerful accountable — Peter Thiel's misguided, secret war against Gawker Media proves it. — Peter Thiel, the billionaire venture capitalist and Facebook board member who co-founded PayPal and Palantir …
Discussion:
New York Times, The Wrap, Politico, @petersterne, @dangillmor, @danluvsbeer, @willoremus, @petersterne, Lefsetz Letter, @rurikbradbury and PoliMedia
Jim Rutenberg / New York Times:
Thiel's funding of Hogan's Gawker lawsuit is just one of several sometimes-secret attempts by wealthy to control weakened US media — At first blush, the secret support that the Silicon Valley billionaire Peter Thiel provided for Hulk Hogan's lawsuit against Gawker is a salacious yarn about money, power, gossip and revenge.
Discussion:
Bloomberg, @balajis, @pierre, @benedictevans, @pmarca, Technology & …, Quartz, @emilynussbaum, @rickwebb, Columbia Journalism Review, Slate, Courthouse News Service, @sama, @nicknotned, @jessesingal, @jessesingal, @freedomofpress, @drvox, @rojasburke, Reveal, New York Magazine, Vanity Fair, Forbes, Talking Biz News and Fast Company
Barry Meier / New York Times:
Legal experts discuss third-party litigation funding, previous examples involving media, and legal obligations of the lawyers involved — The Silicon Valley billionaire Peter Thiel has put the future of Gawker Media into doubt by secretly funding a successful lawsuit that threatens to undermine the media company's finances.
Discussion:
Wall Street Journal, @nytimesbits, @timrace and @nytimes
Nick Denton / Gawker:
Nick Denton challenges Peter Thiel to a public debate in open letter, says decade-long campaign by Thiel is out of proportion, asks about ultimate intent
Discussion:
Cody Brown, iMediaEthics, TechCrunch, Fusion, SiliconBeat, Washington Post, The Wrap, Politico, Talking Biz News, The Drum, @jtlol, Recode, Alternet, Mother Jones, TechSpot, CNBC, @ggreenwald, @jason, @nicknotned, Here & Now, New York Times, Vanity Fair, FishbowlNY, BuzzFeed, The Daily Caller, Quartz, @jason, Financial Times, CNN, Daily Mail, Wall Street Journal, New York Magazine, @csoghoian, @nicknotned, @csoghoian, @mattdpearce, @chriswarcraft, Fast Company, The Wrap, @ryanchittum, @mikeisaac, @mathewi, @ftrain, @joshsternberg, Hollywood Reporter, Mediaite, @edmundlee, @thrmattbelloni, @yaelwrites, @carneross, ABC News, Adweek, Newser, @oliyoung, Peter O'Kelly's Reality Check and Recode
Greg Sterling / Marketing Land:
Facebook expands Audience Network reach beyond just its users — to everyone — All people on Audience Network mobile sites and apps can now be targeted using familiar Facebook parameters. — Two years ago Facebook launched the Facebook Audience Network as part of an effort to expand …
Discussion:
Softpedia News, Wall Street Journal, Business Insider, Facebook, The Verge, TechCrunch, socialbarrel.com, Facebook, The Mary Sue, TechSpot, Gizmodo, Facebook, SocialTimes, Computerworld, SiliconBeat, ZDNet, Publishing Executive, CNET, TechWeekEurope UK, PerformanceIN, Telegraph, TechRadar.com, PC Magazine, International Business Times, BetaNews, VatorNews, Vanity Fair, Tech Times, USA Today, Fortune, @joshconstine and MediaNama
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Kurt Wagner / Recode:
Facebook plans to officially kill its video ad exchange LiveRail — The writing has been on the wall for some time. — Facebook plans to shutter LiveRail — the video ad exchange that it bought back in 2014 for a reported $400 million to $500 million — for good sometime in the very near future, according to sources.
Mike Shields / Wall Street Journal:
Facebook to shut down FBX, its ad exchange that lets third party companies purchase ads for desktop as company shifts focus toward mobile
Discussion:
Wall Street Journal, AdExchanger, Marketing Land, SocialTimes, Recode, MediaPost, CNBC, Business Insider, The Drum and AdExchanger
Pew Research Center:
Pew: 62% of US adults get news on social media; 66% of Facebook, 23% of Instagram, 21% of YouTube, 19% of LinkedIn users get news there — A majority of U.S. adults - 62% - get news on social media, and 18% do so often, according to a new survey by Pew Research Center …
Discussion:
NewsWhip, Forbes, @whatthebit, Starts at 60, Mashable, The Huffington Post, Nieman Lab, US News, TechSpot, PC Magazine, Tech Times, SiliconBeat, Marketing Land, Poynter, The Hill, TechCrunch and SocialTimes
David Weigel / Washington Post:
How The Young Turks grew subscribers by 75% since the start of 2015, to 3M on YouTube, by taking Bernie Sanders seriously and attacking corporate media — LOS ANGELES — On Tuesday, at a rally in Orange County, Sen. Bernie Sanders finally learned how to pronounce Cenk Uygur's name.
Discussion:
FishbowlNY and @thestalwart
Eriq Gardner / Hollywood Reporter:
Bankruptcy judge forbids Netflix from streaming Relativity Media movies ahead of theatrical release — Relativity Media wins the latest round in a bitter battle with its successful reorganization at stake. — Relativity Media can breathe a sigh of relief.
Discussion:
The Wrap, The Interrobang, Wall Street Journal, Variety and Deadline
Politico:
Inside the decline of digital media pioneer Salon.com, from changes in political coverage to financial failures — How a digital trailblazer and progressive powerhouse lost its way. — A Facebook page dedicated to celebrating the 20th anniversary of digital media pioneer Salon is functioning as a crowdsourced eulogy.
Discussion:
@mirandachale, @zunguzungu, @mikeroe_, @amlwhere, @fmanjoo, @charlesarthur, @jwherrman, @petersterne, @poniewozik and The Awl — Medium
Kevin Eck / TVSpy:
Nexstar to sell five stations to meet FCC requirements for merger with Media General — In what it's calling a first step towards getting approval for its proposed merger with Media General, Nexstar Broadcasting says it's selling five stations to three different ownership groups.
Discussion:
Radio & Television …, FierceCable and Broadcasting & Cable
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