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:
Yahoo's remaining assets to rebrand after sale 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:
WWD, Fortune, Media Wire Daily, Forbes, Fortune, @benthompson, TIME, Recode, Ad Age, Business Insider and VentureBeat
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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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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Natalie Jarvey / Hollywood Reporter:
Food Network orders 6-episode series from YouTube star Hannah Hart, creator of My Drunk Kitchen — Hart will also produce digital content for the cable network. Food Network is going into business with YouTube star Hannah Hart. The cable network has ordered a six-episode travel and food series starring the comedian.
Discussion:
Eater
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:
Adweek, Reuters, Variety, Engadget and TechCrunch
Leslie Berland / The Twitter Blog:
In blog post, Twitter CMO Leslie Berland announces ad campaign to show the social network is a news site, helping users discover what's happening in the world — A few months ago, we set out to understand more deeply the perceptions of Twitter around the world. As we dove into this research, some interesting trends emerged.
Discussion:
SocialTimes, TechCrunch, Vanity Fair, BetaNews, The Drum, Mashable, The Verge, Engadget and The Next Web
David Lieberman / Deadline:
Outerwall, parent company of Redbox, bought by private equity group for $1.6B, at $52 per share, a 6.6% premium on Friday's closing price — Apollo Global Management could become the nation's leading operator of DVD rental kiosks as the result of a $1.6 billion (including debt) …
John Herrman / New York Times:
Native ads make up 75% of The Atlantic's ad revenue, half of Slate's, as advertisers look to media firms for a full range of production and placement services — For some publishers unsettled by a fast-changing online advertising business, sponsored content has provided much-needed relief.
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:
New York Times, Fortune, Variety, @davidsirota and @delaney