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12:40 PM ET, August 12, 2016

Mediagazer

 Top News: 
Jacob Bernstein / New York Times:
The last party before Gawker Media's bankruptcy sale felt like a giddy wake, with speeches by a still-defiant Nick Denton  —  Since its beginning in 2002, Gawker has been a veritable schadenfreude machine, taking delight in deflating the egos of New York's cultural elite, among other, perhaps less worthy, targets.
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Claire Atkinson / New York Post:
Sources: up to seven bidders expected at Gawker's bankruptcy auction next week, including Univision  —  Gawker's bankruptcy auction could be as crowded as its farewell party on Wednesday evening — but without the beer and pizza.  —  As many as seven suitors are expected to attend …
Matt Drange / Forbes:
Ex-Gawker editor A.J. Daulerio faces potential bankruptcy as he and Hulk Hogan's lawyers tussle over access to his assets  —  On Wednesday night, current and former Gawker Media employees gathered at the company's Manhattan headquarters to celebrate 14 years of independent journalism ahead of a court-advised sale next week.
The Daily Beast:
The Daily Beast removes post about the use of Grindr at Olympics after complaints it outed gay athletes, says “we were wrong”  —  One athlete poses in his full Canadian team kit.  Others post their Olympic bedspreads as their profile pictures.  They're ready to date—even your distinctly non-Olympian correspondent.
Josh Constine / TechCrunch:
Facebook rolls out new code to nullify adblock workaround introduced by Adblock Plus  —  Adblock Plus launched a workaround to Facebook's ad block bypass today that ham-handedly removes posts from friends and Pages, not just ads, according to a statement provided by Facebook to TechCrunch.
Lucia Moses / Digiday:
New York Times buys marketing agency Fake Love, which specializes in virtual and augmented reality, in a push to build up its in-house ad services  —  For the second time this year, The New York Times is acquiring a marketing agency.  This time, it's buying Fake Love, an agency that specializes …
Max Willens / Digiday:
How CNN's social apps producer Masuma Ahuja experiments with Line, Kik, and Facebook Messenger to cover the Olympics  —  Masuma Ahuja's feet may be on the ground in Rio de Janeiro, but she has to be in several places at once for CNN.  As the social apps producer in charge of the news publisher's Line …
Discussion: @niemanlab and @digiday
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Hadas Gold / Politico:
Donald Trump's war with the media has given Hillary Clinton cover not to create a press pool for her campaign, bucking tradition  —  As Trump wars with the media, Clinton moves just as slowly to allow reporters full coverage, bucking tradition.  —  Think Donald Trump is the only candidate sidelining the press?
Roger Yu / USA Today:
FCC votes to retain rules limiting cross-ownership of newspapers, radio, and TV stations in the same market, despite complaints that restrictions are outdated  —  The Federal Communications Commission has voted to keep in place its rules that prohibit media companies from owning newspapers …
Todd Spangler / Variety:
Analyst: US pay-TV operators lose 757K subs in Q2, and 1.29M subscribers over past 12 months  —  The pay-television biz kept up a slow pace of descent as U.S. cable, satellite and telco TV operators shed a collective 757,000 subscribers in the second quarter, according to Wall Street analyst Craig Moffett …
Peter Kafka / Recode:
Turner and Scripps Networks announce $45M investment in Refinery29, sources say at $500M valuation  —  Like we told you!  —  Dear Recode readers: Remember a month ago, when I told you that Time Warner's Turner unit had invested in Refinery29, the digital publisher focused on millennial women?
RELATED:
Charlie Warzel / BuzzFeed:
Sources: in 2015, then-Twitter CEO Dick Costolo secretly ordered employees to filter out abusive replies to President Obama during a Q&A session
Charlie Warzel / BuzzFeed:
Ten former employees shed light on Twitter's 10-year failure to stop abuse on its platform
 
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 More News: 
Jessica Davies / Digiday:
Politico's Brexit coverage gave its traffic a 300% boost in June, establishing a blueprint for future expansion plays
Discussion: Politico and Guardian
 Earlier Picks: 
Wall Street Journal:
Sources: 21st Century Fox expects multiple settlements after Ailes allegations; number of accusers coming forward in internal investigation hits double digits
Discussion: CNBC
Hollywood Reporter:
CEOs of HBO, Netflix, A+E, AMC, and NBCUniversal on dwindling ratings, monetization, and the fight for viewers
Lukas I. Alpert / Wall Street Journal:
Arianna Huffington, editor-in-chief of the Huffington Post, will leave the company in the coming weeks to focus on health-and-wellness startup Thrive Global
 

 
From Techmeme:

Samuel Stolton / Bloomberg:
Sources: EU regulators are planning to fine Apple under the DMA, after it failed to let developers steer users to cheaper deals and offers outside the App Store

Zack Whittaker / TechCrunch:
The Mozilla Foundation lays off 30% of its employees and tells staff in an email that it is eliminating its advocacy and global programs divisions

Bill Toulas / BleepingComputer:
Interpol says a global operation has taken down over 22,000 malicious IP addresses or servers linked to cyber threats and led to the arrest of 41 individuals
 
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