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6:05 PM ET, February 12, 2018

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 Top News: 
Wired:
A behind-the-scenes look at two tumultuous years inside Facebook as it struggled with fake news, its impact on the 2016 election, and its battle with News Corp  —  ONE DAY IN late February of 2016, Mark Zuckerberg sent a memo to all of Facebook's employees to address some troubling behavior in the ranks.
Joe Pompeo / Vanity Fair:
Sources: CNN to target savings on digital by eliminating up to ~50 jobs worldwide this week, cuts to affect CNN Money, video, product, tech, social publishing  —  A year ago, CNN was positioning itself as ready to take on Vice and BuzzFeed in the digital space.
Charles Riley / CNNMoney:
Unilever marketing boss Keith Weed is to threaten to pull advertising from Facebook, Google, and other digital platforms, citing fake news, among other concerns  —  Social media giants grilled on ‘fake news’  —  Unilever is threatening to pull its advertising from digital platforms …
Kurt Wagner / Recode:
eMarketer says Facebook lost ~2.8M US users under 25 in 2017, predicts it will lose ~2.1M in 2018; Instagram's US users will grow 13%, Snapchat's by 9% in 2018  —  That's according to research firm eMarketer.  —  Facebook is losing young users even quicker than expected, according to new estimates by eMarketer.
RELATED:
Joe Pompeo / Vanity Fair:
A week after Meredith takeover of Time Inc., sources speculate about potential buyers for some of the magazines, especially Time, Fortune, Sports Illustrated  —  The sudden Midwesternizing of a Manhattan media empire.  —  It's been a little more than a week since Time Inc. ceased to exist …
Avi Selk / Washington Post:
NBC apologizes to Koreans for remarks by Olympics commentator Joshua Ramo who said Koreans viewed Japanese occupation of the country as a positive thing  —  Friday's Opening Ceremonies for the Winter Olympics in South Korea were, by most accounts, spectacular.
Jeff Baumgartner / Multichannel News:
Fusion partners with Cheddar to air a weekly 30-min show, The Point with Jon Steinberg, premiering on February 15  —  ‘The Point with Jon Steinberg’ premieres February 15  —  Fusion and Cheddar, the financial news network focused on younger audiences, have teamed on a ten-episode …
Discussion: Talking Biz News, Thanks:@jonsteinberg
The Guardian:
Sweden wanted to drop its extradition case against WikiLeaks founder Julian Assange in 2013 but was dissuaded by the UK's prosecution service  —  UK prosecutors tried to dissuade Swedish counterparts from doing so, exchange shows … Swedish prosecutors attempted to drop extradition proceedings …
 
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 More News: 
Georg Szalai / Hollywood Reporter:
Fox proposes remedies for takeover to satisfy regulator concerns, including committing to Sky News for five years and establishing independent board
 Earlier Picks: 
Glendora Meikle / Columbia Journalism Review:
Lessons on journalism funding from the defunct International Reporting Project, which gave grants for international reporting as international bureaus shut down
Libby Watson / Splinter:
Advertisers can promote Tweets that aren't linked to any Twitter profile, allowing fake organizations to run policy ads while obscuring their bankrollers
Charlie Warzel / BuzzFeed:
Technologist who predicted “fake news”, Aviv Ovadya, and other experts warn new AI-powered tools to manipulate perception could erode people's trust in reality
Wall Street Journal:
Sources: Comcast's bid for 21st Century Fox was $60B+, 15% higher than Disney's winning offer, but was rejected due to antitrust concerns
Hollywood Reporter:
NY attorney general sues Harvey Weinstein, Bob Weinstein, and The Weinstein Company, claiming they failed to protect staff from pervasive sexual harassment