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8:25 PM ET, June 14, 2017

Mediagazer

 Top News: 
Daniel Funke / Poynter:
Vocativ lays off editorial staff and says in a statement it will focus exclusively on video distributed via social media and other platforms  —  “RIP fake deep web data reporting.”  —  That was one reaction Wednesday morning after Vocativ announced it was cutting its entire newsroom focused …
Gabriel Sherman / New York Magazine:
Fox News has dropped the marketing slogan “Fair & Balanced”, invented by Roger Ailes in 1996, to be replaced by “Most Watched. Most Trusted.”  —  As Fox News moves further into the post-Roger Ailes era, the network is shedding one of its most iconic elements.
Michael Calderone / HuffPost:
HuffPost layoffs affecting 39 people include one winner of a Pulitzer as DC bureau is hit hard by cuts  —  HuffPost laid off over three-dozen employees Wednesday, including a Pulitzer Prize-winning journalist, as part of broader corporate cutbacks.  —  The creation of a new Verizon digital …
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Steven Perlberg / BuzzFeed:
39 staffers laid off from HuffPost, with sources saying EIC Lydia Polgreen wants to reshape the news operation with a focus on the site's DC bureau
Kelsey Sutton / Mic:
The Intercept is conducting an internal review after the publication of an NSA doc may have led to the government contractor who leaked it being identified  —  The investigative news site the Intercept has launched an internal investigation into the publication of a classified NSA document, the site's co-founders said Tuesday.
Sapna Maheshwari / New York Times:
As JPMorgan becomes one of the latest brands to pull ads from news shows or events, questions arise about whether sponsors are becoming too involved in content  —  A production of Shakespeare's “Julius Caesar” in Central Park featuring a look-alike of President Trump as Caesar.
RELATED:
Brian Stelter / CNNMoney:
Multiple brands suspend ads from Megyn Kelly's new show, Sunday Night, due to Alex Jones interview, but NBC News chairman Andy Lack says they'll return
Allison Schiff / AdExchanger:
Facebook begins testing a tool for reviewing where on- and off-platform ads run, with option to opt-out of some publishers, rolling out over the year  —  Facebook made several overtures to openness on Wednesday with tools designed to give advertisers more control over where and how their ads …
Ars Technica:
Profile of Shiva Ayyadurai, who says he invented email and is running as a Republican in 2018 senatorial election, amid his libel lawsuit against Techdirt  —  “I defined e-mail!  And you guys have got to give me that credit.”  —  History is not fixed; like memory itself, it is an act of reconstruction.
Graham Ruddick / The Guardian:
UK judge rules News Corp unit must disclose invoices and let laptops used by James Murdoch be searched ahead of October phone hacking trial  —  Judge orders News Group, part of Rupert Murdoch's media empire, to disclose documents relating to private investigators
Discussion: Ad Age
Oliver Darcy / CNNMoney:
IJR asks all staffers to sign noncompete clause barring work at any news organization for six months after leaving  —  Executives at the Independent Journal Review, the conservative millennial-focused news website, have asked employees to sign a new noncompete agreement as the upstart website continues …
Sam Levin / The Guardian:
Report: political campaigns could manipulate elections by spending just $400K on fake news and propaganda, while discrediting a journalist costs just $55K  —  Fake News Machine research comes amid increasing concern about hacking elections and the ways that fake news on social media has manipulated voters
 
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 More News: 
James Walker / Press Gazette:
Murdoch MacLennan steps down as Telegraph Media Group chief executive after 13 years, moving to deputy chairman role; he will be replaced by Nick Hugh
Chris Gardner / Hollywood Reporter:
Amid sexual misconduct scandals, Fox News' parent company, 21st Century Fox, launches Women@Fox initiative to help female staffers rise through ranks
Max Willens / Digiday:
Magazine publishers like Time and Condé Nast are turning to brand licensing as they try to recoup losses from declining print advertising revenue
 Earlier Picks: 
Nick Kostov / Wall Street Journal:
Altice USA, the fourth-largest broadband provider in the US, prices IPO at $27 to $31 per share to raise ~$1.35B
Jessica Toonkel / Reuters:
Memo: Time Inc announces it is cutting 300 jobs, 4% of workforce, with layoffs and buyouts
Dylan Byers / CNNMoney:
Reporters are told they can no longer film or record interviews in Senate halls of Capitol without special permission, then Senate Rules chair reverses course
 

 
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

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

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

 
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