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10:20 AM ET, May 5, 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 …
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Ashley Cullins / Hollywood Reporter:
Fox News Radio staffer Jessica Golloher sues Fox News, 21st Century Fox, and two executives, claiming discrimination and retaliation after contract not renewed  —  Fox says her claims are “without merit.”  —  A Jerusalem-based Fox News employee is suing the network for discrimination and retaliation …
Bloomberg:
YouTube producing a half-dozen original series this year; source says it will spend $100M+ for 40+ ad-supported original shows and movies next year  —  Online service sees opportunity to lure big national sponsors  —  Paid Red service gets budgets matching HBO, Showtime programs
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.
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.
Matt DeRienzo / Medium:
Layoffs at Gannett, Gatehouse, and Digital First Media show the need to support local journalists, not simply local newspapers with corporate owners  —  Gannett's year-round layoffs hit small-town journalism hardest  —  As long as there have been big corporate newspaper chains answering …
John Shinal / CNBC:
Facebook is looking for a film producer to create “motion picture content,” along with a software engineer for film and a production lead for media partnerships  —  Add Facebook to the list of tech giants going Hollywood.  —  Looking to make good on a pledge by CEO Mark Zuckerberg earlier …
Discussion: @jyarow, Seeking Alpha and Dealbreaker
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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
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."
Kari Howard / Storyboard Posts:
Q&A with Gene Roberts, the former editor of The Philadelphia Inquirer and the subject of a forthcoming documentary, called “The Newspaperman”  —  Filmmaker David Layton isn't a stranger to the newsroom.  Before he produced and directed documentaries, he was a newspaper reporter …
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 …
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 More News: 
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
Discussion: McClatchy
 Earlier Picks: 
Max Willens / Digiday:
Mic has launched a gaming vertical called Multiplayer with a staff of four, plus seven outside contributors
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