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3:25 PM ET, July 25, 2017

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 Top News: 
Daniel Funke / Poynter:
Snopes raises more than $500K in one day, which it will use to meet basic operating expenses like staffers' salaries  —  In one day, Snopes received more than $500,000 worth of donations from nearly 20,000 people on GoFundMe in order to keep its doors open.  —  “Stunned and humbled by this.
Ashley Parker / Washington Post:
Michael Short, a White House senior assistant press secretary, has resigned after Anthony Scaramucci threatened to “fire everybody” to stop leaks  —  Anthony Scaramucci, the new White House communications director, threatened on Tuesday to fire his entire staff in an effort to stem …
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Philip Rucker / Washington Post:
Sources: Anthony Scaramucci has begun undertaking an audit of the White House communications department in an attempt to root out unauthorized leaks
Christine Schmidt / Nieman Lab:
The Athletic, a local sports startup with no advertising, raises $5.4M and hires former Sports Illustrated editor Paul Fichtenbaum as its chief content officer  —  “The Athletic's subscriber model allows us to focus entirely on high-quality written content.  NO ads, NO auto-play videos, NO clickbait."
Hadas Gold / Politico:
Gabriel Sherman is leaving New York magazine to join Vanity Fair, where he will be a special correspondent  —  EXCLUSIVE — GABRIEL SHERMAN TO JOIN VANITY FAIR: The tireless chronicler of Fox News and Roger Ailes is leaving his longtime home New York magazine to join Graydon Carter's domain at Condé Nast.
Kurt Wagner / Recode:
Facebook has acquired a content rights startup called Source3 to help fight video pirates  —  Facebook wants to make sure video creators can't get ripped off.  —  Facebook has acquired a startup to help it crack down on users who share pirated videos and other content without permission.
Joe Pompeo / Vanity Fair:
Sources: despite a historic run, the mood at The New York Times is hollow due to impending buyouts and a major newsroom reorganization  —  Despite a historic run, unease is now gripping the paper as a large-scale reorganization (physical, personnel, and psychic) looms.
David Bauder / Associated Press:
Late-breaking news creates chaos in cable's prime-time as networks scramble to book guests and cover stories  —  https://apnews.com/f6bee9db0dcf41b8941c fa2f8977a8c6  —  Link copied!  —  NEW YORK (AP) — Print outlets like The New York Times and Washington Post have developed …
Nick Statt / The Verge:
Facebook Live now supports 4K streaming and Samsung Gear VR or Oculus Rift headsets for 360-degree video  —  You can also watch 4K streams in virtual reality  —  Today, Facebook announced quite a few updates to its 360-degree live video platform to make it more accessible to both creators and viewers.
Tim Ryan / Courthouse News:
Immigration bond company Libre by Nexus sues BuzzFeed for $5M over a story it says is “full of false and defamatory statements”  —  WASHINGTON (CN) — An immigration bond company sued BuzzFeed for $5 million over a cover story it says was “full of false and defamatory statements …
Ingrid Lunden / TechCrunch:
Digital analytics marketing firm SimilarWeb raises $47M led by Viola Growth, sources say at a valuation nearing $800M  —  Companies are increasingly dependent on digital platforms for their business growth, and that is giving a boost to analytics firms that are helping them make better sense of that digital landscape.
Ingrid Lunden / TechCrunch:
Twitter confirms it's winding down its SnappyTV video editing tool, acquired in 2014, shifting features to Media Studio  —  Twitter has been making an effort for some time to streamline and simplify its interface to make its social media platform more accessible to new and more casual users …
Discussion: Digiday and Adweek
 
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 More News: 
David Sharman / HoldtheFrontPage:
Johnston Press says up to 128 jobs, 15% of sales force, could be cut as part of restructure
 Earlier Picks: 
Anastasia Valeeva / Nieman Lab:
Editors of popular Russian Telegram channels on how news orgs use the service, and the difference in audience compared with other social and messaging platforms
Sarah Perez / TechCrunch:
Hulu hires Kelly Campbell, the current head of Global Growth Marketing for Google Cloud, as CMO