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11:20 AM ET, June 29, 2016

Mediagazer

 Top News: 
Casey Newton / The Verge:
Facebook adjusts News Feed to favor friends and family over publishers  —  Facebook is adjusting the algorithm that runs the News Feed to promote posts from friends and family members over posts from publishers, the company said today.  This marks the second time in recent years that Facebook …
Margaret Sullivan / Washington Post:
CNN's hiring of Corey Lewandowski insults the press — and women  —  Even in the highly competitive, ratings-mad, hardball-playing world of cable television, there should be a bridge too far.  —  In hiring Donald Trump's fired campaign manager Corey Lewandowski, CNN ran blithely across that bridge and plunged into a sea of muck.
RELATED:
Politico:
Sources: HarperCollins backed away from $1.2M book deal with former Trump campaign manager Corey Lewandowski over concerns about non-disclosure agreement  —  Trump's ousted campaign manager had a big offer from HarperCollins, but declined to provide a copy of his non-disclosure agreement.
Efe Kerem Sözeri / Vocativ:
Turkish government bans publication of news, interviews, visuals about Istanbul bombing  —  Once again, Turkey's government has cracked down on media after a terror attack  —  Less than an hour after a coordinated suicide attack on Istanbul's Ataturk Airport that left dozens dead and many more wounded …
Alex Pham / Billboard:
Google signs multi-year licensing deal with Toronto's LyricFind to expand the display of lyrics in search, increasing revenue for publishers and songwriters  —  Starting today, music publishers and songwriters will have a brand new source of revenue.  —  Google has signed a multi-year licensing deal …
Josh Beckerman / Wall Street Journal:
Gannett to acquire digital marketing services company ReachLocal for $156M, says deal will expand digital revenue by 50%  —  Deal worth $4.60 per share and has an enterprise value of $156 million  —  Gannett Co. agreed to buy digital marketing services company ReachLocal Inc. for about $156 million …
Tyler Falk / Current:
Pacifica Radio Archives Director Brian DeShazor resigns after 25% pay cut weeks after archive staff cut to 3/4 time, raising concerns about archive preservation  —  More on Pacifica Foundation Subscribe to Pacifica Foundation  —  The director of the Pacifica Radio Archives …
Jonathan Peters / Columbia Journalism Review:
Judge sanctions lawyer who urged editor to cover trial, sets precedent that could hinder journalists' ability to cover court system  —  An attorney has a civil case that's about to go to trial.  He contacts a friend of his, the editor of a local publication, to encourage coverage of the case.
Columbia Journalism Review:
Study comparing stories from The New Yorker and BuzzFeed finds credibility gap closing, as participants find both publications more credible than not  —  It's one of magazine journalism's most pressing questions: How can publications that have long captivated print consumers earn the trust of wary online readers?
Discussion: Politico
Todd Spangler / Variety:
Fullscreen's Rooster Teeth Seeks Wider Appeal for ‘First’ Rebranded Subscription VOD Service  —  Sci-fi and gaming entertainment company also debuts ‘Double Gold’ super-fan tier for $35 per month  —  Rooster Teeth, Fullscreen's digital entertainment unit focused on sci-fi and gaming fans …
Discussion: Digiday
Julie Gordon / Reuters:
BuzzFeed closing Ottawa bureau, shifting Canada editorial focus  —  Online media outlet BuzzFeed said on Tuesday that it is closing its Ottawa bureau as it moves away from covering Canadian political news, in a broader editorial revamp that will also see its Toronto team work more closely with editors in New York.
Harry McCracken / Fast Company:
Amazon's New Page-Flip Feature Makes Kindle Books More Skimmable  —  Skip ahead.  Skip backward.  Roam as you please.  Then go back to where you were in a jiffy.  —  The advantages that e-books have over their dead-tree forebears are so many and varied that I'm not going to bother detailing them here.
 
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 More News: 
Lucas Shaw / Bloomberg:
Sources: Sony PlayStation Vue web-TV service, which debuted in March 2015, surpasses 100K subscribers
Discussion: Ubergizmo and TIME
AJ Labs:
Lessons from Al Jazeera's 24-hour livestream on Facebook Live: no push notifications led to fewer viewers, and when it ended, most data was lost
 Earlier Picks: 
Tony Maglio / The Wrap:
Marc DeBevoise named president and chief operating officer of CBS Interactive
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Reuters:
Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems
 
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