Mediagazer: Sources: Comcast's NBCUniversal finalizing deal for a second $200M investment in BuzzFeed, at a valuation of $1.7B (Peter Kafka/Recode)

3:50 PM ET, October 21, 2016

Top News:

William Turton / Gizmodo:

DNS provider Dyn says it's investigating another attack after reports of widespread outages across popular sites, including Twitter, CNN, Spotify, and Reddit — Twitter, Spotify and Reddit, and a huge swath of other websites were down or screwed up this morning.

Josh Constine / TechCrunch:

Facebook plans to show more images and stories with graphic content, including violence and nudity, if they're “newsworthy, significant or of public interest” — Facebook will soon display more graphic content including violence and nudity that would normally violate its policies …

Discussion: Facebook, Guardian, VentureBeat, @sarahfrier, @bafeldman, Behavior, Business Insider, The Daily Caller, Engadget, The Verge, The Verge, Fast Company, Mashable, Agence France-Presse and Osocio

TechCrunch:

Facebook announces that Instant Articles can now include immersive 360 videos and photos; USA Today and Bild are first to showcase the feature — Oct 20, 2016, 2:09 pmOct 20, 2016, 3:51 pm — Facebook's Instant Articles — the format that displays publishers' content in a faster-loading …

Discussion: Digiday, Facebook Media, Recode, Editor & Publisher, USA Today, VentureBeat, SocialTimes and The Next Web

Anya George Tharakan / Reuters:

Sources: AT&T in advanced talks to acquire Time Warner; announcement could come as early as Monday — AT&T Inc (T.N) is in advanced talks to acquire media conglomerate Time Warner Inc (TWX.N), and a deal could come as early as this weekend, the Wall Street Journal reported.

CNBC:

Time Warner stock surges 8.2%, breaking 15-year high; sources say AT&T could pay “north of $90” a share for the company — The deal could be ‘well north’ of $90 a share, sources say — Kara Swisher, Recode Executive Editor, discusses the news that AT&T is in advanced talks to buy Time Warner.

Discussion: Engadget, Los Angeles Times, Quartz, Recode, Business Insider, MacRumors, The Verge, Bloomberg and Vanity Fair

Peter Kafka / Recode:

Sources: Comcast's NBCUniversal finalizing deal for a second $200M investment in BuzzFeed, at a valuation of $1.7B — More money for Jonah Peretti and his video ambitions. — A year after making a major investment in BuzzFeed, NBCUniversal is doing it again.

Discussion: Bloomberg, Wall Street Journal, Los Angeles Times, Fortune, Vanity Fair, Business Insider, @ekp, VatorNews, Adweek, Tubefilter, Consumerist, Fast Company, Variety, @mikeisaac, The Wrap, Hollywood Reporter, @eringriffith, @sarahcuda and @pkafka

Julia Angwin / ProPublica:

Google updated its privacy policy this summer, letting Google combine personal info from Gmail and other tools with DoubleClick browsing data to target ads — When Google bought the advertising network DoubleClick in 2007, Google founder Sergey Brin said that privacy would be the company's …

Discussion: @pqpmendigo and Beyond Search

Telegraph:

Former News of the World reporter Mazher Mahmood sentenced to 15 months imprisonment for tampering with evidence in collapsed Tulisa Contostavlos drugs trial — Mazher Mahmood, the undercover reporter known as the Fake Sheikh, has been jailed for 15 months for tampering with evidence …

Jake Kanter / Business Insider: News UK terminates the employment of Mazher Mahmood after his arrest, will defend any civil claims in relation to his previous work

Benjamin Mullin / Poynter:

UNC study finds 33%+ of US papers have changed ownership since 2004, local news is beholden to investors, and a trend toward corporate consolidation — Joseph Pulitzer, William Randolph Hearst and E. W. Scripps are out. Digital First Media, GateHouse and Civitas are in.

Discussion: @poynter and @apradhan1968

BuzzFeed:

Analysis of 1K+ posts from 6 partisan Facebook Pages shows that least-accurate are shared widely; 38% of right-wing, 19% of left-wing posts are false/misleading — A BuzzFeed News analysis found that three big right-wing Facebook pages published false or misleading information 38% …

Discussion: @buzzfeedben, @bluechoochoo, @craigsilverman, Daring Fireball, @jwherrman, New York Times, @brendannyhan, @mathewi, @sophiabush, @mims, @jayrosen_nyu, @craigsilverman, @craigsilverman, @mantzarlis and @cfiesler

John Murawski / Raleigh News & Observer:

After awarding $1.5M in libel verdict against Raleigh News & Observer, jury adds $7.5M in punitive damages for forensic firearms story; paper will appeal — A day after awarding a $1.5 million libel verdict against The News & Observer and reporter Mandy Locke, a Wake County jury came …

Discussion: @katherineblunt, @coreyhutchins and @melroselaw

Paul Sawers / VentureBeat:

Time Out to pay up to $2.94M for Yplan, the London-based event ticketing startup that had raised $37.5M — Event ticketing startup YPlan has been acquired by travel publication Time Out in a deal worth £1.6 million ($1.96 million), a figure that will rise to £2.4 million …

Discussion: TechCrunch, Business Insider, VatorNews, Telegraph and Business Insider

Chris Roush / Talking Biz News:

Internal memo: WSJ offers buyouts to all news employees globally in order to reduce layoffs — Wall Street Journal editor Gerard Baker sent out the following announcement to the staff on Friday:

Discussion: Politico, CNNMoney, @joepompeo, @joepompeo and Media Nation

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Max Willens / Digiday:
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From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Microsoft:
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