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6:50 PM ET, June 16, 2016

Mediagazer

 Top News: 
Joe Flint / Wall Street Journal:
Sumner Redstone removes five members of Viacom's board of directors, including Philippe Dauman, who remains CEO for now  —  Among those ousted are Viacom CEO Philippe Dauman  —  Sumner Redstone's National Amusements on Thursday replaced five board members of Viacom Inc. …
RELATED:
Joe Flint / Wall Street Journal:
Sumner Redstone Says He No Longer Trusts Viacom Board or CEO  —  Controlling shareholder says his wishes, stockholder interests are being ignored  —  Viacom Inc. controlling shareholder Sumner Redstone said he doesn't trust the company's board of directors or its Chairman and Chief Executive Philippe Dauman.
Steven Levy / Backchannel:
Tech site Backchannel moves to Condé Nast, becoming part of Wired Media Group  —  Backchannel is moving to Condé Nast.  Jessi Hempel is joining us.  We're poised to grow.  But we still will publish only the good stuff.
Steven Zeitchik / Los Angeles Times:
VR startup Vrse changes names to Within and announces $12.56M funding round, led by Andreessen Horowitz and including Fox, WME, and Vice  —  A shot from Chris Milk's ‘Evolution of Verse’ (Within)  —  For virtual-reality entertainment, the money keeps coming.
Peter Rubin / Wired:
Lucasfilm's ILMxLAB and Magic Leap partner to produce mixed-reality Star Wars content  —  You're used to C-3PO being diplomatic and prissy, wringing his droid hands over any and every little setback.  You're used to him sticking close to R2-D2.  What you're probably not used to, though …
Aaron Mackey / Electronic Frontier Foundation:
House approves FOIA Improvement Act of 2016, bill is expected to be signed by President Obama ahead of 50th anniversary of federal FOIA law next month  —  Congress has passed reforms to the Freedom of Information Act, which EFF hopes signals the beginning of a larger overhaul of the transparency law …
Georg Szalai / Hollywood Reporter:
ITV and Sky to acquire minority stakes in Ginx eSports TV, which will launch on Sky as a 24-hour channel in the UK and Ireland on June 23  —  EMAIL ME  —  With growing interest in competitive video gaming, the companies are expected to buy minority stakes.
Hayley Tsukayama / Washington Post:
Reddit is changing algorithms and processes after Orlando shooting fallout raised questions about volunteer mods, censorship, and small groups' influence  —  As the shooting in Orlando unfolded Sunday, the biggest news on Reddit — the self-proclaimed “front page of the Internet” — wasn't the crime taking place in Florida.
Discussion: Motherboard and Cyborgology
Cyrus Farivar / Ars Technica:
Matthew Keys to remain free for now as he awaits appeal of conviction for role in Los Angeles Times hack; appeals court will rule in coming weeks  —  Matthew Keys' legal team filed emergency motion to 9th Circuit late Tuesday.  —  Reporter Matthew Keys will not be going to federal prison today as he was scheduled to.
Corporate Crime Reporter:
LexisNexis Unit Law360 to Stop Using Non Compete Agreements for Most Employees  —  LexisNexis subsidiary Law360 has agreed to stop using non-compete agreements that had been mandatory for the vast majority of employees, including some in their first jobs out of college with no journalism experience.
Jon Brodkin / Ars Technica:
Net neutrality battle not over despite FCC win in DC Circuit as ISPs prepare to take case to Supreme Court  —  FCC won in all facets of today's decision, but ISPs are not out of options.  —  Today's court decision upholding net neutrality rules is a huge legal milestone …
Discussion: Forbes and Bloomberg
Mark Sweney / Guardian:
FT takes controlling stake in content marketing company Alpha Grid  —  Publisher to ramp up its presence in branded content, especially digital and video  —  The Financial Times is to significantly boost its advertiser-funded video and digital content by acquiring specialist firm Alpha Grid.
Discussion: @raju and The Drum
RELATED:
Tom Corrigan / Wall Street Journal:
Lawyers for Gawker and Hulk Hogan agree to “complete standstill” on litigation for a month; bankruptcy judge OKs Gawker's use of emergency funding
Discussion: The Huffington Post
 
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 More News: 
Roy Peter Clark / Poynter:
The 1990s Public Journalism effort, which focused on enhancing democracy by encouraging engaged readers, could help improve campaign coverage now
Kristen Hare / Poynter:
Newsrooms are sending food to the Orlando Sentinel
 Earlier Picks: 
Shirley Halperin / Billboard:
Q&A with Apple's Iovine, Reznor, Cue, and Kondrk on Apple Music, Beats 1, and YouTube's “disingenuous” business model, and more
 

 
From Techmeme:

Shakeel Hashim / Transformer:
New emails released as part of Elon Musk's lawsuit against OpenAI show Greg Brockman and Ilya Sutskever had serious concerns about Sam Altman as early as 2017

Yifan Yu / Nikkei Asia:
Biden admin finalizes its $6.6B CHIPS Act grant to TSMC; money will be disbursed in stages and TSMC is expected to receive at least $1B by the end of 2024

Financial Times:
Sources: xAI raised $5B at a $45B valuation, almost double its valuation a few months ago; SpaceX prepares a tender offer that would value the company at $250B+
 
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