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:
The Wrap, Bloomberg, Ad Age, Digiday, Nieman Lab, New York Times, Mashable, @tculpan, Wall Street Journal, TechCrunch, @mathewi, Business Insider, @perlberg, Washington Post, East Bay Times, Vanity Fair, Ars Technica, TUNE, Tubefilter, The Daily Caller, SocialTimes, USA Today, New York Magazine, Fast Company, AgencySpy, The Awl - Medium, Forbes, Tech Trader Daily, FishbowlNY, Fortune, the Econsultancy blog, Adweek, Variety, Guardian, @dangillmor, VatorNews, The Next Web, Boing Boing, @wfederman, Engadget, Gizmodo, @joshtpm, @davidfrum, @bilgeebiri, @hotlinejosh, @kellyweill, @emilydreyfuss, @trevortimm, @michaelbolen, @kevinmdraper, @sacca, @noonz, @spclarke, @tomgara, @dicktofel, @tomkrazit, @margarita, @techmeme, @treehcapital and @hankgreen
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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:
Bloomberg, Wall Street Journal, ZDNet, TechCrunch, Ad Age, Fortune, Consumerist, VideoInk, @thenextweb, @simonowens, @pennyriordan1, @larakiara, @boztank, Mashable 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:
New York Times, Recode, Bloomberg, @anthony, TechCrunch, TechnoBuffalo, Business Insider, @mathewi, Variety, Top Digital Journal News, Light Reading, The Next Web, VentureBeat, Guardian, AppleInsider, The Verge, Vanity Fair, Fortune, @karaswisher, GeekWire, East Bay Times, Droid Life, New York Magazine, The Awl - Medium, SFist, @tiffanycli, VatorNews, Forbes, Softpedia News, Engadget, Los Angeles Times, @harrymccracken, @cnbc, Ad Age, Media Wire Daily, Mashable, Editor & Publisher, Consumerist, @dan_murphy, @nancycnbc, @mattmhunter, @sarahw, @jowyang, @jimwaterson, @wesunruh, TIME, Daring Fireball and USA Today
Nilay Patel / The Verge:
The Verge founding team member Chris Ziegler took a job at Apple two months before leaving the website; internal review finds no impact on editorial decisions — Hey everyone — there have been questions about Chris Ziegler and his absence from The Verge in the past few weeks.
Discussion:
Business Insider, Mediaite, Gizmodo, Daring Fireball, SFist, Fast Company, @itsa_talia, The Huffington Post, @awallenstein, New York Magazine, AppleInsider, @mathewi, @moryan, @olivianuzzi, @mims, @glennf, @bafeldman, @jasonabbruzzese, @samfbiddle, @llsethj, @nickwingfield, @guan, @poritsky, @sfiegerman, @mattzeitlin, @selenalarson, @jessicakroy, @ashleyfeinberg, @stevekovach, @profjeffjarviss, @bendwalsh, @mikeisaac, @caseynewton, @jbrodkin, @apollozac, @jyarow, @chrisfmills, @swilliams, @jamesthomson, @yayitsrob, @realbengilbert, @jkottke, @yayitsrob, @moltz, @mattyglesias, @stevetweedie, @reckless, @barryap1, @mekosoff, @brianstelter, @kottke, @tokulski, @nycjim and Mashable
Ashley Cullins / Hollywood Reporter:
Judge rules UVA associate dean Nicole Eramo is a limited-purpose public figure, making it harder to prove defamation in a lawsuit against Rolling Stone — The court has found that UVA dean Nicole Eramo is a limited-purpose public figure and will face a higher bar in proving the story defamed her.
Discussion:
Hit & Run, Wall Street Journal and Washington Post
Paul Farhi / Washington Post:
Media reporter Paul Farhi asks readers to stop referring to “the media”, an imprecise, unfair, lazy smear — To: Everyone From: Paul Farhi — Folks, I know a lot of you don't like the people who work in my chosen profession, the news business.
Discussion:
@jwilliamsap, @rajaabdulrahim, @mzhemingway, @starfishncoffee, @jackshafer, @jordanlray, @derekwillis, @producerprobs, @farhip, @mlcalderone, @heminator and @theamishdude
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, Stephen Henn, @hennseggs, @niemanlab and @niemanlab
Washington Post:
CNN commentator Corey Lewandowski set to get nearly $500K from Trump campaign for April 2015 to December 2016, almost 25% coming after his June firing — Corey Lewandowski is set to be paid nearly half a million dollars by Donald Trump's presidential campaign by the end of the year …
Discussion:
Media Matters for America, @justinbaragona, @sopandeb and Business Insider
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:
Motherboard, Softpedia News, WebProNews, Engadget, @samsaltis, Talking Biz News and BetaNews
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:
@ylichterman, @brendanquinn, @digiday and Talking Biz News
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 …
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
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:
The Daily Caller, @thetowncrier and Business Insider
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