Top News:
Wall Street Journal:
Facebook says it overestimated average video viewing time metric by 60%-80% for 2 years, according to information Publicis Media says it obtained from Facebook — Social network miscalculated the average time users spent watching videos on its platform — Big ad buyers and marketers …
Discussion:
SocialTimes, USA Today, AgencySpy, The Awl - Medium, Bloomberg, Forbes, @perlberg, FishbowlNY, Business Insider, New York Magazine, Adweek, Wall Street Journal, Guardian, Variety, @dangillmor, Fast Company, the Econsultancy blog, Fortune, VatorNews, Mashable, Boing Boing, The Next Web, Gizmodo, TechCrunch, @wfederman, Engadget, @joshtpm, @davidfrum, @bilgeebiri, @hotlinejosh, @kellyweill, @emilydreyfuss, @trevortimm, @michaelbolen, @kevinmdraper, @sacca, @noonz, @spclarke, @tomgara, @dicktofel, @tomkrazit, @margarita, @techmeme, @treehcapital, @hankgreen, Mother Jones and Instapundit
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David Fischer / Facebook:
Facebook VP of advertising David Fischer explains video metric miscalculation, apologizes, says the mistake had no impact on billing — Many of you may have seen the reports about our video metric miscalculation - I want to provide further clarity on the issue.
Discussion:
@thenextweb, ZDNet, @simonowens, @pennyriordan1, @larakiara, @boztank and Business Insider
CNBC:
Sources: Twitter may receive formal bid shortly, suitors said to include Salesforce and Google — Twitter has received expressions of interest from several technology companies and may receive a formal bid shortly, sources said. — The social media company is engaged in conversations …
Discussion:
Recode, TechCrunch, Guardian, Ad Age, @anthony, Media Wire Daily, VentureBeat, Forbes, AppleInsider, Business Insider, SFist, Light Reading, New York Magazine, Vanity Fair, Droid Life, VatorNews, Los Angeles Times, Bloomberg, GeekWire, East Bay Times, The Next Web, Consumerist, Variety, @wesunruh, @mattmhunter, @cnbc, @sarahw, @dan_murphy, @nancycnbc, The Verge, @jowyang, @jimwaterson, Engadget, Mashable and USA Today
Kelsey Sutton / Politico:
USA Today suspends columnist Glenn Reynolds for one month — USA Today has suspended the column of a conservative commentator for one month after he called for drivers to “run ... down” demonstrators protesting police shootings in Charlotte, North Carolina Wednesday night.
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Sarah Ellison / Vanity Fair:
Inside the final days of Roger Ailes at Fox News: an army of lawyers and advisers, the internal investigation, and power shifts among the Murdochs — For 20 years, Roger Ailes did as he pleased at Fox News. Then former anchor Gretchen Carlson sued him for sexual harassment …
Discussion:
Mediaite, The Wrap, @jayrosen_nyu, @mlcalderone, FTVLive, @felixsalmon, Talking Points Memo, @mlcalderone, Inside Cable News, @karaswisher, @ny1david, @mattdpearce, @alexburnsnyt, @esotericcd, @adamweinstein, @jayrosen_nyu, @gabrielsherman, @craigcalcaterra, @eriqgardner, @jackshafer, @mattdpearce, @mattdpearce, @gabrielsherman and @jeffbercovici
Shan Wang / Nieman Lab:
NPR Planet Money and Netflix alums launching 60dB, an app to aggregate short-form audio stories into playlists tailored to listener interests — Give the people what they want, when they want it, where they want it. It's the mandate of streaming services like Spotify or Netflix …
Discussion:
Fast Company, @hennseggs, Stephen Henn, @niemanlab and @niemanlab
Paul Szoldra / Business Insider:
Security journalist Brian Krebs' site, KrebsOnSecurity, hit by record cyberattack; site will be “offline for a while” — Cloud hosting giant Akamai Technologies has dumped journalist Brian Krebs from its servers after his website came under a “record” cyberattack.
Discussion:
Softpedia News, WebProNews, @samsaltis, Engadget, Talking Biz News, BetaNews, Daily Mail and Krebs on Security
Kif Leswing / Business Insider:
Yahoo confirms data from 500M+ accounts was stolen in 2014 by “state-sponsored actor”; info includes email addresses, hashed passwords, security questions, more — Yahoo on Thursday revealed a massive data breach of its services. — Yahoo “has confirmed that a copy …
Discussion:
Recode, New York Times, Fortune, Guardian, CNNMoney, FishbowlNY, www.wnyc.org, Gizmodo, ZDNet, Talking Biz News, Android Community, Computerworld, AppleInsider, Pocket-lint, New York Magazine, Mashable, IT ProPortal, Softpedia News, The Daily Caller, BetaNews, Droid Life, Mediaite, GeekWire, TIME, VentureBeat, Vocativ, The Wrap, NetNewsCheck Latest, The Drum, CBS Sacramento, AppAdvice.com Latest, Yahoo, MacRumors, Adweek, Consumerist, Daring Fireball, @christophera, Business Wire, New York Times, MediaFile, Refinery29, TechCrunch, Vanity Fair, Engadget, Boing Boing, Recode, Fast Company, @wesphillips, Forbes, fox8.com, Tech Times, The Verge and 9to5Mac
Lucia Moses / Digiday:
News Corp is testing a new, homegrown content recommendation tool, Project Hamilton, which lets its publications share their stories across sites — When it comes to recirculating readers, many media companies turn to Outbrain and Taboola, sprinkling ads into the mix to also generate revenue.
Discussion:
@digiday, @ylichterman, @brendanquinn and Talking Biz News
Matthew Garrahan / Financial Times:
While tabloids like TMZ do great with scoops like Pitt-Jolie divorce they must rely on other revenue streams like online gambling, celebrity tours, and TV shows — High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article.
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Dylan Byers / CNNMoney:
NBC's Lester Holt, who once seemed destined to spend his career as a journeyman, could cement his national reputation moderating Monday's presidential debate — Lester Holt is carrying the weight of the nation. — On Monday, the NBC Nightly News anchor will preside over what may be the …
Discussion:
@dylanbyers, @cnnmoney and @scottdetrow
Ian Burrell / The Drum:
The Lad Bible, one of the UK's fastest growing news sites, hires 16-year-old paid apprentices to bolster editorial operation and help plan strategy — The Lad Bible, one of the UK's fastest-growing news and entertainment publishers, has begun to hire 16-year-olds and place them at the heart of its editorial operation.
Discussion:
@felicitymorse, @thedrum, @charlesbanthony, @lcbrennan, @tomgara, @paul_framp and @baconchin
Peter Sterne / Politico:
Sources: The Guardian US lost $15.85M on revenue of $15.5M in 12 months ending April 2016 — The Guardian's U.S. operation took in $15.5 million in revenue but suffered a $15.85 million net loss in the 12 months ending April 2016, POLITICO has learned. It initially believed …
Discussion:
@thetowncrier, Business Insider, @justin_b_smith, @alexgspence, @petersterne and @petersterne
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