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5:50 AM ET, January 5, 2018

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 Top News: 
Rosalind S. Helderman / Washington Post:
Longtime Steve Bannon backer Rebekah Mercer issues rebuke distancing family from Bannon, says she's committed to Breitbart News, where she holds minority stake  —  Stephen K. Bannon's main financial backer is formally cutting ties with the former Trump adviser.
RELATED:
Washington Post:
Lawyer Charles Harder demands that publisher Henry Holt and Co. cease and desist from publication of Michael Wolff's book on Trump  —  President Trump on Wednesday castigated his former chief strategist Stephen K. Bannon as a self-aggrandizing political charlatan who has “lost his mind,” …
CNNMoney:
Publisher of Wolff book moves release date to Friday, starting at 9am ET, from previously scheduled Tuesday release date  —  The publisher of Michael Wolff's new book about President Trump is rushing it onto bookshelves.  —  “Due to unprecedented demand, we are moving the on-sale date …
Jack Shafer / Politico:
Trump fell for Michael Wolff's skill of sucking up to sources before he tears them down, a decade after Wolff did the same to Murdoch  —  The president should have known better.  Michael Wolff does not mess around.  —  President Donald Trump could have saved himself a lot of grief if he …
Mike Allen / Axios:
Michael Wolff has dozens of hours of tapes of interviews with Bannon and other White House insiders, making some quotes in his new book hard to refute  —  Michael Wolff has tapes to back up quotes in his incendiary book — dozens of hours of them.  —  Among the sources he taped, I'm told …
Michael Wolff / British GQ:
Wolff book excerpt on the Ailes plans for a new conservative TV network and the media handlers closest to Trump, including Hope Hicks  —  Soon after the inauguration of Donald Trump on 20 January 2017, GQ columnist Michael Wolff was granted special access to the White House.
Oliver Darcy / CNNMoney:
Source: “hard push” exists to convince Breitbart CEO Larry Solov and Susie Breitbart to fire Steve Bannon; WH press secretary says firing should be considered
John Santucci / ABC News:
Trump lawyer Charles Harder sends Steve Bannon a letter demanding he refrain from disparaging comments about Trump and his family, claims Bannon breached NDA
Billboard:
Sources: Jimmy Iovine to leave Apple Music in August, a time believed to coincide with the full vesting of his Apple stock  —  His planned departure is likely timed to his shares fully vesting, sources tell Billboard.  —  Look for Jimmy Iovine to leave Apple Music in August.
RELATED:
Juli Clover / MacRumors:
Spotify says it has 70M paying subscribers, up from 60M in late July 2017, as the company prepares for an IPO  —  Spotify today announced on Twitter that it has hit a new milestone, with the streaming music service reaching a total of 70 million paid subscribers.
A.J. Katz / TVNewser:
Memo: Bloomberg Businessweek editor Megan Murphy is leaving, to be replaced by Joel Weber, editor of Markets magazine  —  Some changes are coming to Bloomberg Media this year, and a number of them are on the staffing front.  —  Bloomberg Businessweek editor Megan Murphy is departing the company.
Steve Dent / Engadget:
TiVo's new cloud-based service lets TV providers add recommendations, voice control, more to set-top boxes; the service supports mobile and streaming devices  —  TiVo has launched its new streaming service that promises big things for both consumers and cable or streaming operators.
 
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 More News: 
Will Oremus / Slate:
Calls for Twitter to ban President Trump are misguided and counterproductive; the biggest threat posed by @realDonaldTrump is to Trump's own presidency
 Earlier Picks: 
Reuters:
Sources: Google exploring sale of US restaurant review guide Zagat which it bought for $151M in 2011
Discussion: Eater, grubstreet, Tech Times and Eater NY
Tanya Dua / Business Insider:
JPMorgan Chase created internal tool to select “safe” YouTube channels for its ads; algorithm culled list of channels where its ads can appear from 5M to 3K