Top News:
Bloomberg:
Verizon confirms it plans to acquire Yahoo's Internet business for $4.83B in cash; deal excludes some IP, stakes in Alibaba and Yahoo Japan — Verizon confirms it will buy Yahoo's operating business for about $4.8 billion in cash, Bloomberg News reports. — Yahoo says it will change …
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Yahoo:
Marissa Mayer says she plans to stay at Yahoo, in email to worldwide employees — Today is a big day for Yahoo! This is the email that I sent to Yahoos around the world today. Given the interest around our journey to this point, I wanted to share more about today's announcement. -Marissa
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USA Today, VentureBeat, TechCrunch, Recode, Business Insider, CNNMoney, @sbyrnes, TIME, New York Magazine, GeekWire, Fortune, MobileSyrup.com, @marissamayer, @elanazak, Wall Street Journal, AdExchanger, Mashable and The Verge
Ingrid Lunden / TechCrunch:
Remaining Yahoo to rebrand after sale of assets to Verizon in 2017 — One asset that Verizon will be getting as part of its $4.83 billion acquisition of Yahoo's core assets, which it did not specifically mention in its big announcement today, is Yahoo's (in)famous brand — main name, purple color and exclamation mark all included.
Discussion:
Forbes, Ad Age, Fortune, Recode and Business Insider
Patrick Tucker / Defense One:
Wikileaks DNC dump may have been sent to site by Russian government-sponsored hackers — Evidence suggests that a Russian intelligence group was the source of the most recent Wikileaks intel dump, which was aimed to influence the U.S. election. — Close your eyes and imagine …
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Michael Calderone / The Huffington Post:
Politico admits reporter Kenneth Vogel made a mistake sending advance copy of article to DNC, emphasizes no substantive changes were made before publication — No substantive changes were made to the piece, though the arrangement has prompted criticism from the RNC and prominent conservatives.
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Erik Wemple / Washington Post:
Leaked emails show that CNN political commentator Maria Cardona shared a draft op-ed with DNC before she submitted it — On May 18, CNN.com published a pro-Hillary Clinton op-ed by Maria Cardona, a CNN political commentator. Titled “Why Sanders must take the high road,” …
New York Magazine:
In a year filled with doubts about the media, interviews with over 40 journalists show industry's greatest faults, most pressing challenges, and some optimism — BY THE MEDIA. — For decades, the pollsters at Gallup have been asking Americans if they trust their media.
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FishbowlNY, @devingo913, @ichotiner, @poniewozik, @zachtoombs, @elongreen, @jdawsey1, @scmitchp, @stephenrodrick, @jayrosen_nyu, @leahfinnegan, @gilbertcruz, @mlcalderone and @devingo913
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Hadas Gold / Politico:
CNN and Donna Brazile mutually agree to suspend contributor contract as she steps in as interim chair of the Democratic National Committee — CNN has suspended Donna Brazile's contributor agreement as she takes the reins of the Democratic National Committee.
Discussion:
The New York Observer, The Wrap, Mediaite, New York Magazine, Talking Points Memo, NPR, Washington Post, The Huffington Post, Washington Post, CBS Miami, @rubinreport, @digby56, Politicus USA, @mlcalderone, @mattmurph24, The Daily Caller, Guardian, Breitbart, Fox News, Common Dreams, TechCrunch, @steven_metz, @clarajeffery, NBC News, @hadas_gold, Gothamist, The Week, Miami New Times, New York Times and Heat Street
Josh Margolin / ABC News:
Sources: Megyn Kelly's refusal to publicly defend Roger Ailes in the wake of sexual harassment charges signaled the end of his long tenure as Fox News chief — The silence was the sign. — Roger Ailes, the powerful Fox News chief, first realized his career at the helm of the network …
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New York Times:
Interviews with about a dozen current and former Fox News employees show sexual harassment and intimidation went beyond Ailes
Interviews with about a dozen current and former Fox News employees show sexual harassment and intimidation went beyond Ailes
Discussion:
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Bloomberg:
China orders web companies, including Tencent, to stop publishing original news reporting, imposes bans on several news portals — Internet portals must shut all original reporting operations — China's top internet regulator ordered major online companies including Sina Corp …
Discussion:
@davidsirota, @delaney, Variety and Fortune
Patrick Frater / Variety:
Baidu's $2.8B bid for online streaming giant iQIYI collapses due to shareholder pressure — A proposal to buy Chinese online streaming giant iQIYI from China's search engine leader Baidu has collapsed under the weight of shareholder pressure. — A non-binding proposal was put to Baidu …
Maury Brown / Forbes:
Twitter strikes deal with MLB Media to livestream baseball, NHL games; financial terms not disclosed — A partnership between Twitter and MLB Advanced Media will see live Major League Baseball and National Hockey League games on the Twitter social media platform.
Discussion:
TechCrunch, Engadget and Variety