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8:30 AM ET, December 14, 2017

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 Top News: 
The Walt Disney Company:
Disney to acquire 21st Century Fox, including stakes in Sky and Hulu, after spinoff of certain businesses like Fox News, for $52.4B in stock  —  21st Century Fox to spin off Fox Broadcasting network and stations, Fox News, Fox Business, FS1, FS2 and Big Ten Network to its shareholders
New York Times:
Four women detail violent sexual behavior by hip-hop mogul Russell Simmons between 1988 and 2014, and three say he raped them; Simmons denies rape allegations  —  Mr. Simmons, a powerful gatekeeper in the entertainment and media worlds, damaged careers and self-confidence with his pattern …
New York State Attorney General:
NY AG asks for delay in net neutrality vote at FCC because public comment process was corrupted with up to 2M comments that had used stolen identities  —  NEW YORK - Today, New York Attorney General Eric T. Schneiderman released new details of his office's investigation into fake comments submitted during …
Salma Hayek / New York Times:
Salma Hayek details Harvey Weinstein's sexual harassment, threats, rages, and business and creative coercion as she worked to produce movie about Frida Kahlo  —  HARVEY WEINSTEIN WAS a passionate cinephile, a risk taker, a patron of talent in film, a loving father and a monster.  —  For years, he was my monster.
Adi Robertson / The Verge:
Patreon CEO Jack Conte says the company will “press pause” on planned change to service fee for each pledge, set to start Dec. 18, after uproar from creators  —  Patreon has called off plans to add a service fee to patrons' pledges, a proposed update that angered many users.
Committee to Protect Journalists:
CPJ: record high 262 journalists jailed globally in 2017 in relation to their work, with half of those imprisoned in Turkey, China, and Egypt  —  For the second year in a row, the number of journalists imprisoned for their work hit a historical high, as the U.S. and other Western powers failed …
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Margaret Sullivan / Washington Post:
While efforts to disparage legitimate reporting continue, Moore's failure to get elected by relying on cries of “fake news” is an encouraging moment
Selina Wang / Bloomberg:
Alibaba's video streaming unit, Youku Tudou, has signed multiyear content licensing deals with NBCUniversal and Sony Pictures  —  Multiyear agreements give Youku subscribers access to movies  —  Deal comes as Alibaba doubles down in entertainment, Hollywood
Lulu Yilun Chen / Bloomberg:
Sources: Tencent Music plans IPO in 2018, is expected to raise $1B+, valued at $10B; unit has 120M paying subscribers vs Spotify's 60M  —  Internet giant is said to plan music-business IPO next year  —  Katy Perry, local artists exploit messaging, karaoke apps
Natasha Lomas / TechCrunch:
Twitter says Russia-linked accounts spent just $1,031.99 on six Brexit-related ads during regulated campaign period before UK referendum from April to June 2016  —  Twitter has disclosed that Russian-backed accounts spent $1,031.99 to buy six Brexit-related ads on its platform during last year's European Union referendum vote.
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 More News: 
Lucas Matney / TechCrunch:
Microsoft updates Bing with Reddit partnership, improved conversational search, Intelligent Image Search, ability to better surface different viewpoints, more
Craig Silverman / BuzzFeed:
How ad networks and publishers are using page redirects and “pop-unders” to create tons of legitimate-looking traffic, a technique commonly found on porn sites
Janko Rottgers / Variety:
Location-based VR firm Dreamscape Immersive raises $10M more to bring Series B total to $30M; Nickelodeon invests, will let its IP be used in new VR experience
Discussion: The Wrap
Sahil Patel / Digiday:
Sources: Facebook plans to end program that paid ~300 publishers and other content creators to produce videos for News Feed
Discussion: The Wrap, more at Techmeme », Thanks:@beet_tv
 Earlier Picks: 
NWU:
In an open letter, 19 freelance journalists say they're owed $50K from science magazine Nautilus, with some writers awaiting payment for over a year
Todd Bishop / GeekWire:
T-Mobile is acquiring Denver-based TV tech company Layer3 TV and says it will launch its own wireless TV service to compete with Comcast, others, in 2018
Discussion: Adweek, Pocket-lint and Business Wire
Eugene Volokh / Reason:
The blog The Volokh Conspiracy has moved from the Washington Post to Reason, citing WaPo's tightening paywall and a lack of editorial independence
Jonah Peretti / BuzzFeed:
In a company memo, BuzzFeed CEO says Google and Facebook pay creators too little, says the media is in crisis, and expects more diversified revenue ahead
 

 
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 12%+ 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

Tom Warren / The Verge:
Sources: Microsoft is prioritizing security over new features to win back consumer trust, as it scrambles to respond to new attacks from Russia-linked hackers
 
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