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4:25 PM ET, July 4, 2017

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 Top News: 
Meg James / Los Angeles Times:
Jamie Horowitz, president of Fox Sports National Networks, is fired less than a week after 21CF began probe of allegations of sexual harassment  —  Jamie Horowitz onstage at the ESPN portion of the 2013 Summer Television Critics Assn. tour at the Beverly Hilton Hotel on July 24, 2013 in Beverly Hills.
Vivienne Chow / Variety:
Chinese tech and media company Tencent lost $14B on the Hong Kong stock exchange after being criticized by the Communist Party-run paper People's Daily  —  Chinese media and technology giant Tencent suffered a dramatic loss of $14 billion on the Hong Kong stock exchange Tuesday …
Discussion: TechCrunch
RELATED:
Elzio Barreto / Reuters:
Tencent-owned China Literature, China's largest publishing and e-book company, files for IPO and is expected to raise as much as $800M  —  China Literature Ltd, a Tencent Holdings Ltd unit and the country's largest online publishing and e-book company, has filed for a Hong Kong initial public offering …
Discussion: Financial Times
RELATED:
Avi Selk / Washington Post:
A Reddit user who posted comments on the site about stabbing Muslims has claimed to be the creator of the CNN WWE GIF tweeted by Trump
Jackie Wattles / CNNMoney:
Twitter says Trump's CNN wrestling tweet doesn't violate its rules, even though it appeared to incite his supporters, with some posting even more violent images
The Guardian:
CNN says Trump is encouraging violence against reporters by tweeting an altered 2007 Wrestlemania video of Trump body-slamming a man with a CNN logo as a head
Benjamin Mullin / Poynter:
How New Jersey's Star-Ledger snapped photos of Gov. Christie on a beach he'd closed to the public, taking aerial pictures from a small plane  —  The (Newark, New Jersey) Star-Ledger is committed to keeping Gov. Chris Christie honest — even if it takes a private plane.
RELATED:
Christine Schmidt / Nieman Lab:
The Wall Street Journal officially ends eight blogs: the Law Blog, China Real Time, India Real Time, Speakeasy, Off Duty Daily, Dispatch, The Daily Fix, Numbers  —  Goodbye to Law Blog, China Real Time, India Real Time, Speakeasy, and four others.  —  On the heels of ending its news digest app …
The Guardian:
Sources: Robbie Gibb, head of BBC's Westminster operation, and James Landale, BBC's diplomatic editor, interviewed for Theresa May's head of comms role  —  James Landale and Robbie Gibb interviewed for the role after Katie Perrior quit before general election
Discussion: @jimwaterson
Reuters:
New regulations in China require at least two “auditors” to vet all audiovisual content posted online to ensure it adheres to “core socialist values”  —  China's latest maneuver in a sweeping crackdown on internet content has sent a chill through a diverse community of filmmakers …
Wall Street Journal:
On top of its troubles with ESPN, Disney's broader cable TV business is suffering, with Disney Channel and Freeform losing 4M subs each over last three years  —  It's not just ESPN.  Ratings have fallen significantly at Disney's biggest television brands, led by Disney Channel and Freeform …
Discussion: @greta and @jbflint
Andrew Keshner / New York Daily News:
Wilson Alejandro Mejia-Velez appeals life sentence he received for killing Manuel de Dios Unanue, EIC of Spanish-language paper El Diario, 25 years ago in NY  —  A teen sentenced to life in prison for gunning down a journalist in a Queens bar 25 years ago says he deserves a second chance.
Freddy Mayhew / Press Gazette:
The BBC published its annual plan on Tues, revealing that it's working with Facebook to reduce the impact of fake news, prioritising live video in its app, more  —  The BBC is prioritising live video content on its mobile News app to challenge market leaders Facebook and Youtube as it looks …
 
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Laura Hazard Owen / Nieman Lab:
After doubling its paid subscribers in a year, Talking Points Memo tries to find new extras to offer them, including views behind the scenes
Discussion: One Man & His Blog