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9:35 AM ET, January 5, 2017

Mediagazer

 Top News: 
Ev Williams / Medium:
Medium says it's laying off 50 employees, about a third of its staff, and closing its NY and DC offices, as it refocuses on a “less proven” means to pay writers  —  We've decided to make some major changes at Medium.  —  I'll start with the hard part: As of today …
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M.G. Siegler / Medium:
Medium strayed toward the easy but broken legacy publishing model, and is now refocusing on exploring the correct model for the future  —  As is often the case, there's quite a bit of nuance...  Publishing, as we know it, is broken.  More specifically, publishing on the internet is broken.
Politico:
At least five publishing partners say they had no advance notice Medium would stop selling its native ad unit “Promoted Stories”  —  On Wednesday, Medium co-founder Evan Williams announced in a blog post that the publishing platform would abandon its strategy to sell native advertising …
New York Times:
Apple removed news apps made by The New York Times from its App Store in China, complying with what it vaguely described as a request from Chinese authorities  —  Apple, complying with what it said was a request from Chinese authorities, removed news apps created by The New York Times from its app store in China late last month.
Gabriel Sherman / New York Magazine:
Sources: Kelly will be replaced by a pro-Trump conservative, and Rupert Murdoch may lobby Trump to place conditions on AT&T-Time Warner merger  —  Megyn Kelly's decision to jump from Fox News to NBC resolves one of the last unanswered questions of the Roger Ailes scandal: Would she stay or would she go when her contract ended?
RELATED:
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Edward-Isaac Dovere / Politico:
Incoming White House press secretary Sean Spicer received a tour and briefing from Obama's press staff, had an hours-long meeting with Josh Earnest, Jen Psaki
Discussion: @isaacdovere
Todd Spangler / Variety:
Comcast Buys Video-Metadata Startup Watchwith  —  Comcast has acquired Watchwith, a startup that has built a “deep metadata” video platform that tracks info down to the scene level.  —  Terms of the deal, which closed last month, were not disclosed.  San Francisco-based Watchwith had raised …
Heather Caygle / Politico:
GOP approves new fines of up to $2.5K for Congress members who livestream or take photos from House floor; Dem. John Larson blasts the move as unconstitutional  —  Republicans barreled ahead with a plan to fine members who use their phones to broadcast future floor protests …
Andrew Wallenstein / Variety:
Hulu's live TV service, expected in Q1 2017, will cost under $40 per month and will include CBS, Hulu's VOD offering, and cloud DVR  —  Hulu will offer its upcoming live TV service at a price under $40.  —  Hulu CEO Mike Hopkins announced the price point at Citi's 2017 Internet …
Benjamin Mullin / Poynter:
Twitter begins showing blue checks for verified users on main timeline as well as on individual profiles  —  Twitter just made it a little easier to determine which users have that little blue tick.  —  Beginning today, the social network is identifying verified users in additional places across its platform.
Discussion: @twitterfornews
Mark Sweney / The Guardian:
The Sun made a loss of $77.1M last year as steep declines in print advertising, redundancy costs, and phone-hacking charges battered the tabloid  —  Total revenues fell from £456m to £446m after price increase failed to offset decline in print advertising and rising legal costs
Discussion: @guardiannews and @simon_cullen
 
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 More News: 
Gerry Smith / Bloomberg:
BuzzFeed's customizable Tasty recipe book, printed on demand, sells more than 100K copies in less than two months, with sales ranging between $2.4M and $3.9M
Kyle Pope / Columbia Journalism Review:
Interview and profile of Bill Grueskin and daughter Caroline, who covered the same beat, Standing Rock Sioux Reservation, 40 years apart
Financial Times:
Financial Times acquires geographic information system tech company GIS Planning
Discussion: Talking Biz News
 Earlier Picks: 
Keith J. Kelly / New York Post:
Digital ads company CPXi has acquired the last of Spin Media's sites, including Celebuzz, The Frisky and The Superficial, from MC Partners
Discussion: FishbowlNY
Nathan McAlone / Business Insider:
Gary Vaynerchuk buying women's lifestyle publisher PureWow, will integrate it with his digital marketing agency; source says PureWow's 2016 revenue was ~$20M
Glenn Thrush / Politico:
Interview with Meet the Press host Chuck Todd, on Trump's phone-in TV interviews, emphasis on visuals, lack of laughter, and more
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

David Cassel / The New Stack:
An interview with Linus Torvalds at the Open Source Summit North America on the XZ Utils exploit, open source development, RISC-V, AI, and more
 
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