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1:55 PM ET, July 1, 2016

Mediagazer

 Top News: 
Wall Street Journal:
Sources: Apple in exploratory talks to acquire Tidal, Jay Z's streaming music service; Tidal held similar talks with Rhapsody last year  —  Sources say talks are ongoing and may not result in a deal  —  Apple Inc. is in exploratory talks to acquire Tidal, a streaming-music service run by rap mogul Jay Z …
Paul Farhi / Washington Post:
Gay Talese addresses discrepancies in his new book The Voyeur's Motel and says he should not have believed his main source  —  In his forthcoming book, “The Voyeur's Motel,” acclaimed journalist and nonfiction author Gay Talese chronicles the bizarre story of Gerald Foos …
RELATED:
Politico:
Sources: IBT Media lays off at least 30 journalists, affecting copy desk and tech, media, business, international, and culture news desks  —  IBT Media unexpectedly laid off at least 20 journalists on Thursday, POLITICO has learned.  —  The tech and media desks were hit the hardest.
RELATED:
Newswire:
IBT Media announces restructuring, spinning Newsweek off into separate operating entity and clustering other IBT brands including International Business Times  —  Restructuring Designed To Support Future Plans  —  New York, June 30, 2016 (Newswire.com) - IBT Media, a privately held publishing firm …
Politico:
Newsweek lays off roughly a half-dozen staffers  —  Newsweek has been hit with around a half dozen layoffs one day after more than 30 people were laid off at its sister publication, The International Business Times.  —  “Newsweek staffers affected by the restructuring have been notified,” …
Discussion: Folio
Justin Fenton / Baltimore Sun:
Judge grants new trial for Adnan Syed of popular “Serial” podcast; murder conviction vacated  —  A Baltimore judge has vacated the murder conviction of Adnan Syed, the subject of the popular “Serial” podcast that explored his case, and granted his request for a new trial.
Reporters Committee for Freedom of the Press:
President Obama Signs FOIA Reform Bill into Law on 50th Anniversary  —  President Barack Obama today signed a bill that significantly reforms and improves access to public records under the Freedom of Information Act (FOIA).  The signing marked the culmination of open government advocates' battle …
Peter Kafka / Recode:
In letter to Apple's general counsel, Spotify says Apple won't approve app update in move to “diminish competitiveness” of Spotify on iOS  —  “We cannot stand by as Apple uses the App Store approval process as a weapon.”  —  Spotify says Apple is making it harder …
RELATED:
Cora Currier / The Intercept:
Classified rules show the FBI can get journalists' phone records using national security letters after OK of two internal officers, including general counsel  —  Secret FBI rules allow agents to obtain journalists' phone records with approval from two internal officials — far less oversight than under normal judicial procedures.
Bloomberg:
Source: Disney to buy 1/3 stake in video unit of MLB Advanced Media in deal valued at $3.5B  —  Walt Disney Co. agreed to acquire a one-third stake in the video-streaming unit of MLB Advanced Media, in a deal valued at about $3.5 billion, according to a person familiar with the matter.
Casey Newton / The Verge:
Facebook is shutting down its Paper newsreading app on July 29th  —  Facebook is shutting down Paper, a bold reimagining of the company's flagship app for iOS that impressed critics but failed to attract a large audience, the company said today.  The app transformed the core Facebook experience …
 
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 More News: 
Jim Milliot / Publishers Weekly:
Two authors create algorithm to find bestsellers, analyze 20K novels, identify Dave Eggers' The Circle as perfect; the book sold 80K in hardcover, 140K in paper
Anthony Ha / TechCrunch:
Hyper, the Mic-owned app for curated videos, comes to iPhones
 Earlier Picks: 
Mark Sweney / Guardian:
News Corp buys radio company Wireless Group, owner of TalkSport, for £220M
Discussion: Featured Articles
Bloomberg:
Lions Gate Buys Starz for $4.4 Billion for Premium Cable Outlet
 

 
From Techmeme:

Bloomberg:
Polymarket says the FBI seized CEO Shayne Coplan's phone and electronics; source: the DOJ is investigating Polymarket for allegedly accepting bets from US users

Ramish Zafar / Wccftech:
AMD says it will lay off ~4% of its global staff to align “resources with our largest growth opportunities”; SEC filing: AMD had 26,000 employees at 2023's end

Bloomberg:
Sources: OpenAI plans to launch a new AI agent codenamed Operator, which can use a computer to take actions on a person's behalf, in January
 
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