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4:35 PM ET, March 3, 2017

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 Top News: 
Andrew Ross Sorkin / CNBC:
NBCUniversal invested $500M in Snap IPO as part of a strategic investment and partnership, making it the only US media company with a stake  —  NBCUniversal, a unit of Comcast and parent of CNBC, invested $500 million in Snap during its IPO as part of a strategic investment and partnership, according to sources.
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Peter Kafka / Recode:
NBCUniversal CEO Steve Burke's note to employees: Snap investment “builds on our strategy to drive digital growth for our business”  —  Here's a note from CEO Steve Burke.  —  Comcast's NBCUniversal invested $500 million in Snap when it went public this week.
Benjamin Mullin / Poynter:
Juan Thompson, who was fired from The Intercept for fabricating quotes, is arrested on suspicion of making bomb threats against eight Jewish community centers  —  Juan Thompson, who was fired from The Intercept last year for fabricating quotes, has been arrested on suspicion of making bomb threats against Jewish community centers.
RELATED:
Benjamin Mullin / Poynter:
Vox Media names Elena Bergeron as SB Nation's first editor in chief, says it will add employees “in the double digits” to expand sports site's newsroom  —  One of these sites is not like the other: ESPN.com, CBSSports.com, FoxSports.com, SBNation.com.
Reuters:
Sources: Treasury Secretary Steven Mnuchin used his first senior staff meeting last month to tell his new aides he would not tolerate leaks to the news media  —  President Donald Trump's Treasury Secretary Steven Mnuchin used his first senior staff meeting last month to tell his new aides …
Andrew R. Chow / New York Times:
Bob Mankoff is stepping down from his post as the cartoon editor of The New Yorker after a 20-year run; Emma Allen will succeed him in April  —  Bob Mankoff is stepping down from his post as the cartoon editor of The New Yorker after a 20-year run.  —  Emma Allen, another editor at the magazine …
John Sudworth / BBC:
BBC team assaulted in China, is forced into signing confession for trying to conduct “illegal interview” by thugs and officials, while working on story  —  We'd arranged to meet a woman in her village in China's central Hunan Province and to then travel with her by train to Beijing, filming as we went.
 
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Margaret Sullivan / Washington Post:
Journalistic basics resulted in strong stories from two newspapers after weak cable news punditry followed President Trump's Congress speech
Todd Spangler / Variety:
Mashable Studios creates a new position, vice president of programming and development, in Los Angeles and hires Polly Auritt, most recently of Fullscreen
Discussion: Multichannel News