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6:45 AM ET, April 14, 2018

Mediagazer

 Top News: 
Chicago Tribune:
Michael Ferro sells stake in Chicago Tribune parent Tronc to McCormick Media for $208.6 million  —  Michael Ferro, who resigned last month as chairman of Chicago-based newspaper chain Tronc, has struck a deal to sell his entire stake in the company, according to a filing late Friday with the Securities and Exchange Commission.
New York Times:
Profile: new owner of Los Angeles Times, biotech mogul Patrick Soon-Shiong, who plans to move LAT to suburbs, and pursued Dean Baquet and Marty Baron for EIC  —  LOS ANGELES — As a son of Chinese immigrants growing up in apartheid South Africa, Patrick Soon-Shiong spent his afternoons racing through …
RELATED:
Andrea Chang / Los Angeles Times:
Tronc fires Lewis D'Vorkin, chief content officer of Tribune Interactive, and lays off several dozen others, including LA-based video and online content teams
Mark Gurman / Bloomberg:
Apple staff memo says it caught 29 leakers, including staff, contractors, and suppliers, in 2017, 12 arrested; memo implies possible legal action for leaks  —  Company memo says it found 29 ‘leakers’ last year, 12 arrested  —  CEO Tim Cook pledged to ‘double down’ on secrecy in 2012
Tess Owen / VICE News:
Facebook removes pages linked to white nationalist Richard Spencer and The Nationalist Initiative's page; all pages are linked to “hate groups” by the SPLC  —  Two Facebook pages associated with white nationalist Richard Spencer have been kicked off the platform.
Tom Dotan / The Information:
Univision laid off another 150 people on Thursday across the company, including at Fusion Media Group  —  The cutting at Univision continues.  The company laid off more than 150 people on Thursday, across the company, including at the beleaguered Fusion Media Group.
Discussion: Variety, New York Post and The Wrap
Madison Malone Kircher / New York Magazine:
Sources: Snapchat redesign has led to metrics volatility for Discover publishers; Snap has invited publishers to daylong summits for discussion  —  When Snapchat first rolled out its redesigned app to a select group in January — users in Australia, Canada, and the United Kingdom — it was met with an immediate backlash.
Discussion: Wall Street Journal
Adam Thomas / European Journalism Centre:
The EJC, with €1.7M funding from the News Integrity Initiative and Civil, to offer grants to emerging EU media organizations in October 2018 and February 2019  —  It's time to get serious about new journalism models  —  The European Journalism Centre believes journalists have a key role …
Discussion: Journalism.co.uk and Nieman Lab
Todd Spangler / Variety:
7Park Data analysis: at Netflix and Hulu, 80% and 97% of US viewing is of licensed content, respectively; 42% of Netflix users watch mostly licensed content  —  Netflix is spending a pretty penny on original entertainment — but while that stuff grabs most of the headlines …
Discussion: CinemaBlend
Bloomberg:
Les Moonves's contract stipulates a ~$187M payout if he's dismissed or demoted and chooses to leave though NAI says it wants him to lead the combined company  —  CEO would stand to collect large payout if dismissed  —  Controlling shareholder can change board and management
Discussion: Deadline
Brenda Goh / Reuters:
Chinese microblogging platform Weibo says it will remove gay and violent content during a 3-month cleanup campaign to comply with China's new cybersecurity law  —  SHANGHAI (Reuters) - China's Sina Weibo will remove gay and violent content, including pictures, cartoons and text posts …
Discussion: What's on Weibo and globaltimes.cn
 
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 More News: 
The Guardian:
UK court on right to be forgotten: Google has to remove links about one man who “showed remorse” for past conviction, can keep links for another, who didn't
Josh Schwartz / Nieman Lab:
Chartbeat: Google Chrome Suggestions is driving 100M+ visits a month to news sites in US on Android, is fast approaching Twitter as a referrer to news
Discussion: Business Insider
Benjamin Mullin / Wall Street Journal:
eMarketer: growth of native ad spending is slowing, will rise 31% in 2018 after growing about 50% in 2017; over 75% of 2018 mobile display ads will be native
 Earlier Picks: 
Jon Brodkin / Ars Technica:
FCC Chairman Ajit Pai declines to investigate Sinclair after a dozen senators requested a probe under “news distortion” standard of the public interest test
Don Thompson / Associated Press:
Carl Ferrer, Backpage.com CEO, pleads guilty to state, US charges of conspiracy, money laundering; Texas AG says the company pleaded guilty to human trafficking
 

 
From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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