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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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.
Discussion:
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New York Magazine:
Responses from 113 journalists on the state of media, covering broad range of topics including public distrust, business models, and the impact of social media — The notion of authority and accountability has been eroded by internet journalism which allows anybody to write anything.
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.
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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 …