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11:20 PM ET, August 10, 2017

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 Top News: 
Brian Stelter / CNNMoney:
CNN cuts ties with commentator Jeffrey Lord after he replies “Sieg Heil!” in a Twitter discussion with the president of Media Matters for America  —  CNN severed ties with Jeffrey Lord on Thursday, hours after he ignited controversy by tweeting the words “Sieg Heil!” at a prominent liberal activist.
Oliver Darcy / CNNMoney:
How Fox News rushed to publish a story about Seth Rich that it later retracted, with key source and Fox News pundit Rod Wheeler later suing the network  —  This is why the Seth Rich conspiracy won't disappear  —  For more than two months, Fox News has declined to explain the story behind …
RELATED:
Jeremy Barr / Hollywood Reporter:
Bill O'Reilly debuted a 30-minute online news show for paid subscribers on Wednesday night, made available for free on Thursday  —  The ousted Fox News host has debuted an experimental, 30-minute-long online news show for paid subscribers.  —  It's not Fox News, but it'll do for now.
Peter Kafka / Recode:
Under terms of proposed new funding deal for SoundCloud, former Vimeo CEO Kerry Trainor would replace Alex Ljung as CEO, who would stay on as chair of the board  —  Investors want to replace founder Alex Ljung with former Vimeo CEO Kerry Trainor.  —  Investors want to replace the CEO of SoundCloud …
RELATED:
Georgia Wells / Wall Street Journal:
Snap reports Q2 revenue of $182M vs. $186.8M expected, DAUs grow 7.3M vs. 8M expected, reaching 173M, and loss grows to $443M; stock down 16%+ after hours  —  Snapchat's parent hurt by intensifying competition from larger rival Facebook  —  Snap Inc. on Thursday said its loss nearly quadrupled …
Sara Fischer / Axios:
BuzzFeed's live Twitter morning show, premiering September 25 and called AM to DM, will aim to break news in real time  —  BuzzFeed's live Twitter morning show — premiering September 25 and called “AM to DM” — will aim to break news in real time in a way that's like television, but produced for digital audiences and consumption.
Discussion: Variety and Broadcasting & Cable
Todd Spangler / Variety:
Adam Ostrow, Mashable's chief strategy officer and board member, leaves to become chief digital officer for local broadcasting and media company Tegna  —  Tegna, the local TV broadcasting and media company that spun out from Gannett, has hired Adam Ostrow — who was the second employee hired …
Amy Caren Daniel / Reuters:
News Corp misses Q4 targets with a net loss of $430M and revenue of $2.08B, down 7% YoY, with print ad revenue down 12% and subscription revenue down 9% YoY  —  (Reuters) - News Corp (NWSA.O) reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal was hurt by decling demand for print advertising.
Discussion: News Corp, CNBC and Talking Biz News
Steven Perlberg / BuzzFeed:
Profile of Josh Raffel, a 33-year-old White House spokesman who handles PR for Jared Kushner and Ivanka Trump  —  When reporters are working on stories that involve Jared Kushner and Ivanka Trump, they hear from Josh Raffel, a tough, former New York City flack now inside the White House.
Anthony Ha / TechCrunch:
BuzzFeed hires Eric Karp, previously the general manager of licensing at Crayola, as its first head of licensing  —  Get ready for more BuzzFeed-branded products.  —  The company has hired Eric Karp, previously the general manager of licensing at Crayola, as its first head of licensing.
 
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 More News: 
Elizabeth Elizalde / New York Daily News:
Anthony Scaramucci says Ryan Lizza recorded their conversation without his consent, though in New York it is legal to do so
Max Willens / Digiday:
Quartz sees 90% renewal rate for branded content by providing tech assistance and insights, has executed 540+ campaigns for 150+ brands in past five years
Matt Pearce / Los Angeles Times:
The ACLU files a free speech suit on behalf of Milo Yiannopoulos, arguing that the DC transit system violated the 1st Amendment by removing ads for his new book
 Earlier Picks: 
Cory Haik / Recode:
Mic publisher describes how new mixed-media formats in social video deliver news in a compelling way, sees future as evolution of text more than pivot to video
Galen Stocking / Pew Research Center:
Pew report: 61% of digital-native news outlets have iOS or Android apps, 97% offer newsletters, and only 25% have an official Snapchat channel or account
Josh Constine / TechCrunch:
Facebook introduces Watch, its redesigned video section for original content, with producers earning 55% of ad revenue, rolling out Thursday