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6:35 PM ET, November 2, 2016

Mediagazer

 Top News: 
Nick Denton / Medium:
Nick Denton confirms Gawker Media has settled with Hulk Hogan; three true stories will be removed, and staffers with equity can recoup salary or bonuses  —  After four years of litigation funded by a billionaire with a grudge going back even further, a settlement has been reached.  The saga is over.
RELATED:
Peter Kafka / Recode:   Gawker Media settlement gives $31M to Hogan, $1.25M to two other plaintiffs represented by Charles Harder, and sets a reserve of $3.5M for other possible claims
Sydney Ember / New York Times:
NYT reports Q3 print ad revenue down 19%, but digital ad revenue up 21% to $44M, 116K digital-only subs added, bringing total to 1.3M, revenue down 1% to $364M  —  The New York Times Company reported a steep decline in print advertising revenue for the third quarter on Wednesday, adding to the newspaper industry's woes.
RELATED:
Kelsey Sutton / Politico:
Wall Street Journal to debut overhauled, slimmed down version of print paper on November 14 and will cut staff from newsroom, including roughly 20 from one team  —  The Wall Street Journal will debut an overhauled and slimmed-down version of its print product on Nov. 14 in an effort …
Kurt Wagner / Recode:
Facebook's mobile ad business brought in $5.7B in Q3 2016, representing 84% of all the company's ad revenue  —  Facebook beat Q3 earnings estimates Wednesday.  —  Facebook delivered for Wall Street again — and its mobile ad business is driving the bus.  —  The social giant beat earnings …
RELATED:
Peter Kafka / Recode:
Growth at Google and Facebook makes up all of the digital ad growth in 2016, some analysts say, as other companies facing shrinking shares  —  Uh-oh!  —  It's finally happening: Advertisers have started moving big chunks of their budgets from traditional media to the internet, and digital advertising is booming.
Oliver Darcy / Business Insider:
Source: CNN has completed investigation into Brazile leak; Jeff Zucker says CNN will not work with TV One again, the network they partnered with for town hall  —  CNN president Jeff Zucker on Wednesday said the network had completed an investigation after it was revealed interim Democratic …
RELATED:
Michael Calderone / The Huffington Post:
Source: CNN Chief Jeff Zucker blasts Donna Brazile in Tuesday editorial call, describing her interactions with Clinton campaign as “unethical” and “disgusting”
Farhad Manjoo / New York Times:
Online news offers so many choices, it allows readers to confirm their biases and filter out news they don't like; fact-checking has proven ineffective  —  Next week, if all goes well, someone will win the presidency.  What happens after that is anyone's guess.  Will the losing side believe the results?
CNBC:
Sources: Apple is uninterested in buying Time Warner but the regulatory approval process for AT&T's bid could last months and things could change  —  Apple not interested in buying TWX at present: Sources  —  CNBC's David Faber reports the latest on Time Warner and addresses rumors …
Shelley Hepworth / Columbia Journalism Review:
300 newsrooms have signed up to Electionland, a project tracking and reporting on problems that prevent people from voting, including Univision and USA Today  —  On election nights past, ProPublica staffers were more likely to be found at home watching the results roll in on TV or online than in the newsroom.
Discussion: @cward1e
Nilay Patel / The Verge:
A look at how The Verge generates revenue, the technology it's built for creating and distributing ads, Hymnal and Concert, and its plans for the future  —  Platforms, united  —  The Verge turns five on November 1st, and we're in the process of refreshing our entire brand for the next five years.
Sarah Sluis / AdExchanger:
Ad tech company Rubicon lays off 19% of workforce, or 125 jobs, lowers guidance for Q4; ad spending flowing through the platform declined 1% in Q3  —  Rubicon will lay off 19% of its workforce, totaling 125 jobs, completing the reorganization it began in Q2.  The company is also lowering its guidance for Q4.
 
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 More News: 
John Ourand / SportsBusiness Daily:
Interview with Richard Sandomir on his 25 years of writing for The New York Times' sports section and his move to obituaries
Lisa Hagen / The Hill:
Trump campaign CEO Stephen Bannon says he will return to alt-right news site Breitbart, where he was executive chairman, when the election is over
Discussion: The Wrap, BuzzFeed and TheBlaze
Rick Edmonds / Poynter:
INMA and NAI study says native ads will account for 25% of ad revenues by 2018, finds 48% of newspaper media are doing some form of native ads
The Daily Beast:
Sources: Mark Burnett is continuing to threaten current and former Apprentice staff with legal action should they leak information about Trump's on-set behavior
 Earlier Picks: 
James Silver / Guardian:
Interview with WaPo executive editor Martin Baron, on the paper's Access Hollywood scoop, Trumps' media blacklist, Jeff Bezos, future editorial plans, more
Washington Post:
Venezuela more stringent with work visa rules, stops reporters who had previosly entered the country without work visas from entering, amid mounting turmoil
Todd Spangler / Variety:
Turner launches FilmStruck, a streaming video service with indie, foreign, classic, and cult films; plans cost from $7/month but service limited to US for now
 

 
From Techmeme:

Stephanie Palazzolo / The Information:
An undisclosed 2023 agreement between Microsoft and OpenAI defines achieving AGI as the point when OpenAI develops AI systems that generate $100B+ in profits

Noah Smith / Noahpinion:
How H-1B workers from India and other countries help the US remain dominant in tech, as some on the new “Tech Right” discover MAGA's racial-nationalist bigotry

Shubham Sharma / VentureBeat:
DeepSeek releases DeepSeek-V3, an open-source MoE model of 671B total parameters, with 37B activated per token, claiming it outperforms top models like GPT-4o
 
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