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8:40 PM ET, October 21, 2016

Mediagazer

 Top News: 
William Turton / Gizmodo:
DNS provider Dyn is investigating and mitigating a third wave of DDoS attacks causing widespread outages across many popular sites in the US and Europe  —  Twitter, Spotify and Reddit, and a huge swath of other websites were down or screwed up this morning.
Jessica Toonkel / Reuters:
Sources: AT&T reaches agreement in principle to buy Time Warner for about $85B  —  AT&T Inc (T.N) has reached an agreement in principle to buy Time Warner Inc (TWX.N) for about $85 billion, sources said on Friday, paving the way for a blockbuster deal that would give the telecom company control …
RELATED:
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.
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 …
RELATED:
Deepa Seetharaman / Wall Street Journal:
Sources: Facebook staff wanted to block some Trump posts as hate speech, like one on banning Muslim immigrants; Zuckerberg chose to keep them  —  Ruling by CEO Mark Zuckerberg to keep presidential candidate's posts spurred heated internal debates  —  Some of Republican presidential candidate …
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:
Susan Krashinsky / Globe and Mail:
Canada's Postmedia announces 20% savings target on salary costs through buyouts and layoffs as its print ad sales fall over 20% in fourth quarter  —  In the past year, Postmedia Network Canada Corp. has shed the equivalent of 800 full-time jobs.  On Thursday, the company said the job losses will deepen …
Kurt Wilms / YouTube Blog:
Third US presidential debate drew 1.7M peak concurrent views on YouTube, four times higher than 2012 debate  —  This year, more news organizations live streamed the U.S. presidential debates on YouTube than ever before, and we saw record-breaking interest from the YouTube community.
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  —  Just two weeks ago, News UK was refusing to comment on the employment status of investigative journalist Mazher Mahmood.  —  But now the so-called …
RELATED:
Telegraph:
Former News of the World reporter Mazher Mahmood sentenced to 15 months imprisonment for tampering with evidence in collapsed Tulisa Contostavlos drugs trial
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
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 …
 
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From Techmeme:

Helena Horton / The Guardian:
X limits Grok's image generation and editing to paying subscribers after widespread outcry over its use to create sexually explicit and violent imagery

Carmen Arroyo / Bloomberg:
Docs: xAI had a net loss of $1.46B in Q3, up from $1B in Q1; sources: xAI told investors it plans to build AI that will eventually power Optimus humanoid robots

Shirin Ghaffary / Bloomberg:
OpenAI is rolling out a HIPAA-compliant version of ChatGPT for clinicians to assist with medical reasoning and administrative tasks, at Cedars-Sinai and others
 
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