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9:10 PM ET, May 4, 2017

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 Top News: 
Wall Street Journal:
Sources: federal probe of Fox News includes questions about alleged intimidation; private investigator said he was hired to discredit two women who sued  —  Federal authorities have interviewed current and former Fox News employees and on-air talent in a widening inquiry into the nature …
Ken Schwencke / ProPublica:
Cloudflare shares personal information of those who complain about hosted sites like Daily Stormer; Cloudflare GC says policy lets users “face their accusers”  —  Since its launch in 2013, the neo-Nazi website The Daily Stormer has quickly become the go-to spot for racists on the internet.
Janko Roettgers / Variety:
Facebook says it is closing Oculus VR film studio, canceling all on-going projects, will invest in VR content produced by outside partners  —  Oculus Story Studio, the award-winning studio behind virtual reality (VR) short films like “Dear Angelica” and “Henry,” is being shut down, Facebook announced Thursday afternoon.
RELATED:
Associated Press:   Paris prosecutor's office says it has opened an investigation into whether fake news is being used to influence voting in the French election
Shalini Ramachandran / Wall Street Journal:
In its effort to create TV-like content, Snap has signed original show deals with NBCUniversal, Turner, others, and is in talks with CBS and Fox, sources say  —  Snap Inc.'s ambitious effort to create television-like content has old and new media companies alike clamoring to learn …
RELATED:
Laura Hazard Owen / Nieman Lab:
Interview with Jimmy Wales on the progress of Wikitribune, its business model and budget, and topics: politics to start, then bitcoin and maybe dog breeding  —  “Political news, I think, is of the most interest right now, and so I think that that's where we'll focus at first."
Jeffrey A. Trachtenberg / Wall Street Journal:
Airbnbmag, a new print publication from Airbnb and Hearst, will launch May 23 with a circulation of 350K and stories sourced from Airbnb's anonymous data points  —  New print publication will roll out May 23 with a $3.99 cover price  —  When the new travel publication Airbnbmag hits select newsstands …
Mark Glover / Sacramento Bee:
McClatchy reports Q1 adjusted net loss of $14.5M, compared to loss of $7.9M for Q1 2016, on revenue of $221.2M, down 7% YoY; total ad revenue down 12% YoY  —  Despite double-digit growth in digital-only advertising revenue, McClatchy today reported a net loss of $95.6 million, or $12.60 a share, in this year's first quarter.
Discussion: McClatchy
Lukas I. Alpert / Wall Street Journal:
Tronc posts a $3M net loss on a private share buyback as total revenue falls 8.1% to $366M and ad revenue falls 13.1% across its 11 papers in Q1  —  Newspaper company Tronc Inc. said a private share buyback from an outside investor in March resulted in a $3 million net loss for the firm in the first quarter.
Discussion: @lalpert1 and @craignewman
Mat Smith / Engadget:
EU accepts Amazon's offer to withdraw strong-arm clauses in e-book contracts to settle antitrust case  —  The European Commission has accepted Amazon's changes to how it sells its e-books.  Following a 2015 investigation over the retailer's anti-competitive behaviour, Amazon said back in January …
DSLreports:
Analyst Craig Moffett estimates pay TV sector lost a record 762K subscribers in Q1, about five times more than Q1 2016  —  Analysts estimate that the pay TV sector lost a record 762,000 pay-TV subscribers last quarter — roughly five times more than the total number of lost subscribers during the same quarter last year.
Elaine Low / Investor's Business Daily:
Viacom beats estimates with Q2 adjusted earnings of $317M on revenue of $3.26B, up 8.5% YoY; stock down 7%+ on fears of losing ground on distribution  —  Despite a major earnings topper, Viacom (VIAB) stock fell as much as 11% Thursday amid concerns that its flagship channels are losing ground in distribution.
 
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 More News: 
Max Willens / Digiday:
Mic has launched a gaming vertical called Multiplayer with a staff of four, plus seven outside contributors
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From Techmeme:

Emanuel Maiberg / 404 Media:
Apple removes three AI image generation apps from the App Store after a 404 Media probe found the apps advertised being able to create nonconsensual nude images

Wall Street Journal:
Sources: China's muted response to TikTok bill reflects the view that TikTok is of less strategic value than Huawei; China prefers TikTok US closure to sale

Dustin Volz / Wall Street Journal:
Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a board for advising the DHS on deploying AI safely within US critical infrastructure
 
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