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10:20 AM ET, August 12, 2017

Mediagazer

 Top News: 
Josh Constine / TechCrunch:
SoundCloud closes $169.5M Series F funding round led by Raine Group and Temasek to stay afloat; former Vimeo CEO Kerry Trainor replaces Alex Ljung as CEO  —  SoundCloud has just closed the necessary funding round to keep the struggling music service afloat.
Charlie Warzel / BuzzFeed:
“This Is Just Like GamerGate”: How The Pro-Trump Media Turned James Damore Into A Hero Overnight  —  A week ago, James Damore was anonymous.  Now, the Google engineer who lost his job after he wrote a viral anti-diversity screed has become an icon of the alt-right …
BuzzFeed:
About 10 activists turn their backs on Trump aide Omarosa Manigault during tense panel at the National Association of Black Journalists conference  —  “Walking into a room where you get shut down does not open a line of communication so change can happen," said one of the top African-American officials in the White House.
Margaret Sullivan / Washington Post:
The departures of Lord and McEnany from CNN show that the network has made too many indefensible hires in the name of evenhandedness  —  With the departures of Jeffrey Lord and Kayleigh McEnany, CNN has suddenly become a less annoying cable network.  —  That's the good news.
Michael Calderone / HuffPost:
Lawyer for Yashar Ali demands Fox News host Eric Bolling dismiss his lawsuit against Ali for HuffPost story claiming Bolling sent lewd photos to colleagues  —  She called Eric Bolling's $50 million defamation claim against Yashar Ali “utterly devoid of merit.”
Todd Spangler / Variety:
After 14 years at Viacom, Sarah Iooss is joining Mic as executive VP of revenue to expand branded-content offerings  —  Sarah Iooss, after 14 years at Viacom, is joining digital-media company Mic as executive VP of revenue.  —  At Mic, she will oversee the sales team and market-facing products …
Discussion: Adweek
Tara Palmeri / Politico:
Breitbart's campaign against national security adviser H.R. McMaster seems to have done more damage to Steve Bannon  —  The chief White House strategist is increasingly isolated in the West Wing as new chief of staff John Kelly tries to clamp down on negative news stories.
Janko Roettgers / Variety:
Facebook acquires German computer vision startup Fayteq, which specializes in adding and removing objects from videos  —  Facebook has acquired the German computer vision startup Fayteq for an undisclosed amount.  Fayteq is best known for developing technology that makes it possible …
Benjamin Mullin / Poynter:
A look at Guam's biggest daily paper, the Gannett-owned Pacific Daily News, a 20-person outlet whose traffic now doubles when it posts a story on North Korea  —  Dana Williams has covered a lot of disasters during her three-decade career as a reporter and editor.  —  Hurricanes in Florida.
Richard Horgan / Adweek:
AMI's Men's Fitness will go all-digital in November as print subscriptions are switched over to newly acquired Men's Journal  —  At AMI, print is alive and well  —  The next watershed for Men's Journal, the 25-year-old monthly glossy acquired earlier this year by American Media Inc. from Wenner Media, will be the November 2017 issue.
Discussion: Mediawire
Paul Bond / Hollywood Reporter:
Fox News competitors like The Blaze, Newsmax, and OANN seek to steal Fox viewers as the network goes through a tumultuous period  —  Glenn Beck's The Blaze, Newsmax TV, One America News Network and others are among the challengers: “There's no Pepsi to FNC's Coke yet.”
Discussion: @marklevinshow
 
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 More News: 
Chicago Tribune:
Jim Kirk, editor/publisher of Sun-Times, joins Tronc, parent of the Chicago Tribune, less than a month after local investors bought the Sun-Times
Discussion: Chicago Sun Times and Poynter
Daniel Funke / Poynter:
Parse.ly reaches profitability and raises $6.8M in Series B funding led by Grotech Ventures and Blumberg Capital
Discussion: @alansoon
Lucia Moses / Digiday:
Google reveals sites that fail ad test, risk being filtered by upcoming Chrome ad blocker, including Forbes, LA Times, Lifehacker, Chicago Tribune
 Earlier Picks: 
Shan Wang / Nieman Lab:
Maynard Institute debuts new diversity initiatives, hopes to assist 200 journalists of color through the industry over next five years
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
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 12%+