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12:45 AM ET, November 3, 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  —  It's (just about) over.  —  Nick Denton always insisted he would beat Hulk Hogan and Peter Thiel in court.  Now we'll never know.
Discussion: The Huffington Post
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.
RELATED:
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 …
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:
Ricardo Bilton / Nieman Lab:
Despite digital now accounting for 36% of NYT's overall revenue, Q3 earnings show print losses may be declining too rapidly to offset the slide  —  The latest earnings report from The New York Times has some good news for digital advertising and some really bad news for print.  —  Let's start with the bad.
Discussion: @mathewi, @raineytime, Fortune and Politico
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 …
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 …
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 …
Jon Brodkin / Ars Technica:
Department of Justice sues DirecTV and its owner, AT&T, claiming collusion with competitors during carriage talks for Los Angeles Dodgers games  —  Dodgers games blacked out after pay-TV companies colluded, DOJ lawsuit says.  —  The Department of Justice today sued DirecTV and its owner …
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, TheBlaze and BuzzFeed
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: 
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
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 previously entered the country without work visas from entering, amid mounting turmoil
 

 
From Techmeme:

Alex Heath / The Verge:
Meta details Llama 3: 8B- and 70B-parameter models, a focus on reducing false refusals, and an upcoming model trained on 15T+ tokens that has 400B+ parameters

David Pierce / The Verge:
Google announces a new Platforms and Devices team overseeing Pixel, Android, Chrome, Photos, and more, to integrate AI across its products, led by Rick Osterloh

Bill Toulas / BleepingComputer:
Europol and 19 countries make 37 arrests and disrupt phishing-as-a-service platform LabHost in a year-long operation with help from Microsoft, Intel, and others
 
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