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11:50 AM ET, July 8, 2017

Mediagazer

 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:
Senator Amy Klobuchar asks AG Jeff Sessions whether White House contacted his office about AT&T/Time Warner deal, says any interference is unacceptable  —  If the White House interfered with the AT&T-Time Warner merger, Sen. Amy Klobuchar said, it would violate the First Amendment.
Discussion: Hollywood Reporter and Variety
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
Brandon Weigel / Baltimore City Paper:
Baltimore Sun Media Group, owned by Tronc, plans to close 40-year-old City Paper later this year  —  The Baltimore Sun Media Group plans to close City Paper later this year.  No official end date has been announced for the alt-weekly, now in its 40th year.
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.
Associated Press:
Milo Yiannopoulos says he is suing Simon & Schuster for breach of contract after publisher canceled book deal; publisher dismisses suit as publicity stunt  —  NEW YORK (AP) — Polarizing right-wing writer Milo Yiannopoulos filed a $10 million lawsuit against a New York publishing company on Friday over a canceled book deal.
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.
Discussion: @michaelkruse
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 …
Laura Hazard Owen / Nieman Lab:
Circa, once a news app that broke stories into small bites, is reinvented as Sinclair's site aimed at millennials, with some staff close to Fox's Hannity  —  What was once an imaginative mobile news app has become a big part of Sinclair's national strategy — one that critics say pushes its conservative views on audiences.
Jessica Davies / Digiday:
The Economist is using its subscription and registration data to sell targeted ad campaigns, on-and-off Economist properties  —  The Economist prizes its high-quality environment, but that doesn't mean it's against audience targeting.  —  The publisher is tapping into its subscriptions data …
Richard Horgan / Adweek:
Founders of VerySmartBrothas.com, Damon Young and Panama Jackson, fold their indie site into Gizmodo Media Group's The Root, will become senior editors  —  Young says Gizmodo Media Group was among a number of recent suitors  —  Damon Young decided to have some fun with the format …
Sara Fischer / Axios:
Fusion Media Group announces it is rebranding as Splinter, will launch SplinterNews.com on July 24, will focus on news and political commentary  —  Fusion Media Group announced Friday that their digital publication FUSION will relaunch as “Splinter” (splinternews.com) on Monday, July 24.
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:
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.
 
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 More News: 
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
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
 Earlier Picks: 
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Kif Leswing / CNBC:
Intel reports Q1 revenue up 9% YoY to $12.72B, vs. $12.78B est., Data Center and AI up 5% to $3B, and Q2 revenue guidance below est.; INTC drops 7%+ after hours
 
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