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7:05 AM ET, October 27, 2016

Mediagazer

 Top News: 
Joe Flint / Wall Street Journal:
Sources: Megyn Kelly seeks $20M for next Fox contract; Rupert Murdoch said he hopes to get contract signed soon and also wants to renew Bill O'Reilly's contract  —  ‘The Kelly File’ host is in active negotiations; keeping her at the network is a priority for management, including Rupert Murdoch.
Alex Barinka / Bloomberg:
Sources: Snap Inc. will seek to raise as much as $4B in its planned IPO, which could value the company at between $25B and $35B  —  Sale may value Snapchat at $25 billion to $35 billion  —  Morgan Stanley, Goldman Sachs are leading the offering  —  Snapchat will seek to raise …
Vauhini Vara / New Yorker:
With its internet and cell phone business having little room for growth, AT&T acquisition of Time Warner makes sense, allows it to tap into ad revenue  —  On Saturday, when A.T. & T. announced that it hopes to acquire Time Warner for more than eighty-five billion dollars …
RELATED:
Ina Fried / Recode:
Verizon is buying and shutting down Vessel, founded by former Hulu CEO Jason Kilar; co-founder Richard Tom to be CTO for Verizon digital efforts including Go90  —  Kilar won't be joining Verizon, but his co-founder, Richard Tom, will.  —  Verizon said Wednesday it is buying the technology behind Vessel …
RELATED:
Freddy Mayhew / Press Gazette:
Sun crime reporter Anthony France has had his Elveden conviction quashed by Court of Appeals  —  Sun journalist Anthony France has had his conviction for aiding and abetting misconduct in a public office quashed by the Court of Appeal, with a retrial deemed “not in the public interest”.
Peter Kafka / Recode:
Apple to unveil its new TV guide Thursday, aggregating available content and using deep links to ease searching; sources say Netflix won't be included  —  It's an easier way to find and watch video on Apple TV.  —  Apple plans to unveil its new version of a TV guide tomorrow during a product event in California.
TechCrunch:
Twitter tests not showing usernames in replies and not counting them against character limit  —  #Beyond140 is coming to fruition with the removal of one of the most annoying laws of Twitter.  Some iOS users are now part of a test group that no longer sees a recipients' usernames appear …
Discussion: The Next Web, Gizmodo and Fast Company
Berkeley Lovelace Jr / CNBC:
Comcast Q3 revenue: NBCUniversal's cable networks revenue rose 22% to $2.9B, while broadcast revenue increased 56.6% to $3.1B  —  Comcast on Wednesday reported quarterly earnings and revenue that topped analysts' expectations.  —  The company reported third-quarter earnings of 92 cents a share on revenue of $21.31 billion.
RELATED:
David Lieberman / Deadline:   Comcast announces Q3 earnings, posts net income of $2.24B, up 12.1% YoY, and revenues of $21.31B, up 14.2% YoY
Jared Newman / Fast Company:
Pocket will start recommending popular stories saved by other users and will list them in categories like technology, food, and fitness  —  While Facebook and Twitter offer an endless parade of links, Pocket wants to promote only the good stuff.  —  Gathering good reading material from around the internet is hard.
Benjamin Mullin / Poynter:
Tow-Knight Center receives $3.5M in new funding from the Knight Foundation; it will use the money to continue its work in fostering entrepreneurial journalism  —  The journalism industry is changing quickly.  And journalism schools often are slow to catch up.
Joseph Lichterman / Nieman Lab:
Quartz launches first non-English product, La Agenda, a Spanish-language email newsletter combining original content with news translated from the Daily Brief  —  Quartz on Wednesday launched its first non-English product, a Spanish-language version of its daily Daily Brief email newsletter …
Discussion: Talking Biz News
 
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 More News: 
Janko Roettgers / Variety:
Samsung hires Fan TV founder Gilles BianRosa as its new Senior Vice President and Chief Product Officer for TV and Services
T. Rees Shapiro / Washington Post:
Rolling Stone fact-checker says she attributed discrepancies in “Jackie's” account to trauma, spent 80 hours on story but failed to fact-check key quotes
 Earlier Picks: 
Ben Collins / The Daily Beast:
Former CBS Evening News anchor Dan Rather on corporate media, the Trump campaign, and how he uses FB to reach millions of readers
Ashley Cullins / Hollywood Reporter:
Sumner Redstone files suit against two former companions, Manuela Herzer and Sydney Holland, alleges they abused him, took $150M+, and left him in debt
 

 
From Techmeme:

Gleb Bryanski / Reuters:
Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions

Bloomberg:
Taiwan's FTC blocks Uber's $950M acquisition of Delivery Hero's Foodpanda, arguing it would decrease competition as their combined market share would be 90%+

Qwen:
Alibaba's Qwen unveils QvQ-72B-Preview, an experimental research model focused on “enhancing visual reasoning capabilities”, built upon Qwen2-VL-72B
 
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