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4:50 PM ET, July 7, 2017

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 Top News: 
Joe Pompeo / Politico:
BuzzFeed EIC Ben Smith criticizes CNN for not defending Andrew Kaczynski, says along with recent resignations of three reporters, it sends a “terrible signal”  —  A CNN REBUKE FROM BEN SMITH - We were emailing yesterday and he had some thoughts on the latest CNN debacle …
RELATED:
Michael Calderone / HuffPost:
Report: White House won't support pending AT&T-Time Warner merger if Zucker remains president of CNN, according to a source  —  It could be bluster, but the notion of financially punishing critics is a disturbing escalation of the president's war on the press.
J.K. Trotter / Gizmodo:
Sources: a CNN executive vice president, Rick Davis, wrote the line that caused a furor in Andrew Kaczynski's CNN/Trump video story to explain sourcing decision
Maxwell Tani / Business Insider:
Sources: Fusion is rebranding itself, with its new name - possibly “Splinter” - being unveiled in July; Univision filed a trademark for “Splinter” in June  —  The site formerly known as Fusion.net is rebranding as a site called Splinter.
Brian Steinberg / Variety:
Fox Business Suspends Anchor Charles Payne Amid Harassment Investigation  —  Charles Payne, who has anchored programs on Fox Business Network since its launch in the middle of last decade, has been suspended from his duties at the 21st Century Fox owned cable-news outlet as the company …
RELATED:
Jon Levine / Mediaite:
In a series of tweets sent on Friday, Fox Business anchor Charles Payne vehemently denies sexual harassment allegations against him, calls them “an ugly lie”  —  Fox Business anchor Charles Payne took to Twitter Friday morning to respond to explosive allegations of sexual harassment recently leveled against him.
Edward-Isaac Dovere / Politico:
AP Washington Bureau Chief Julie Pace says undermining the press is central to Trump's agenda; NYT's WH correspondent says journos could be physically attacked  —  Two veteran White House correspondents, Peter Baker and Julie Pace, on what it's like covering a president like none other.
Lynne Marek / Chicago Business:
Sources: Chicago Sun-Times owner Wrapports is prepared to close the newspaper if plan to sell to Eisendrath falls through and then DoJ contests a sale to Tronc  —  The owners of the Chicago Sun-Times are prepared to shut down the paper if a deal with an investor group falls through …
Erik Wemple / Washington Post:
Rachel Maddow warns other media that her show received a tip with a bogus document about Trump-Russia, in what she thinks was an effort to discredit her  —  It wouldn't have been the first time that a major media organization had reported a stunning development that turned out to be untrue.
Tom Ley / Deadspin:
SB Nation removed a post written by an editor, that alluded to a Boston Celtics player coming “out of the closet” but won't confirm if the editor was fired  —  On Tuesday night, the editor of SLC Dunk, SB Nation's Utah Jazz blog, posted an article about Gordon Hayward signing with the Boston Celtics.
Jonathan Randles / Wall Street Journal:
Univision says it will fight the defamation suit brought by Charles Harder for a Deadspin post about Randall Busack of Pregame.com  —  Univision Communications Inc. said it will fight a new defamation lawsuit, guided by Hulk Hogan's lawyer, over a Deadspin story the company acquired last year …
Discussion: @john_mehaffey and @itsdavidford
Yuyu Chen / Digiday:
Social media influencers say Snapchat is reluctant to work with or help them, with marketers warning that brands may abandon the platform as a result  —  Sarah Peretz started her influencer career on Snapchat around a year ago, posting humorous and delicately designed food- and beauty-themed stories …
Discussion: The Wrap
 
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Christine Schmidt / Nieman Lab:
Two years after launch, CALmatters has built a 12-person team and collaborations with 90 statewide media outlets to cover California's state government
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QVC-owner Liberty Interactive acquires 62% of HSNi in an all-stock transaction valued at $2.6B, upping ownership stake to 100%
 

 
From Techmeme:

Emma Roth / The Verge:
Mark Zuckerberg says Threads is testing custom feeds for certain profiles or topics; the Threads' version seems easier to use than Bluesky's custom feeds

Shirin Ghaffary / Bloomberg:
One year after Sam Altman was dramatically ousted and reinstated, OpenAI remains dominant as it continues to push ahead on impressive new products

Financial Times:
Sources: xAI raised $5B at a $45B valuation, almost double its valuation a few months ago; SpaceX prepares a tender offer that would value the company at $250B+
 
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