Top News:
Wall Street Journal:
Cambridge Analytica is shutting down following the Facebook data misuse scandal, says it was losing clients and facing mounting legal fees — Company had lost multiple clients in recent months — Cambridge Analytica , a data firm that worked for President Donald Trump's 2016 campaign …
Discussion:
CA Commercial, Gizmodo, Fast Company, Variety, Fast Company, Ad Age, Wired, The Guardian, The Verge, @profcarroll, MediaPost, CNBC, @charlesarthur, @otto_english, @georgeslefo, @philipdalidakis, @marcialangton, NBC News, ThinkProgress, The Hill, Vanity Fair, Adweek, USA Today, Slate, The Wrap, New York Times, Motherboard, @mollymckew, @rebeccaballhaus, @rubenkmajor, @darth, @kris_sacrebleu, @profcarroll, VentureBeat, PAPER, @lachlan, @timkmak, The Next Web, @natashafatah, @justin_ling, @claire_phipps, @agschneiderman, Engadget, Digital Trends, Business Insider, Mediaite, AOL, TechCrunch, Law & Crime, The Week, Beyond Search and New York Magazine, more at Techmeme »
Sara Fischer / Axios:
Facebook, which relies on Republicans to advocate for minimal regulation, is bringing in advisers to investigate claims it's biased against conservative voices — To address allegations of bias, Facebook is bringing in two outside advisors — one to conduct a legal audit of its impact …
Discussion:
Splinter, Media Matters for America, @stevenlevy, @maxkennerly, @mariabustillos, Mashable, ThinkProgress, The Hill, Gizmodo, @pashulman, Engadget, @jamisonfoser, @page88, @kausmickey, New York Magazine, @kausmickey, @shannoncoulter, @peterwsinger, The Verge, The Daily Caller, @klonkitchen, @matthewstoller, @jbenton, @arishahdadi, @sarahnemerson, @rasmus_kleis, @sarafischer, @matthewstoller, Broadcasting & Cable, @culturejedi, @civilrightsorg, @mathbabedotorg and Fast Company, more at Techmeme »
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Peter Kafka / Recode:
Zuckerberg says Facebook won't pay annual fees to publishers, an idea floated by Murdoch, and emphasizes interest in helping news outlets sell subscriptions — Sorry, Rupert Murdoch: Facebook isn't a pay TV company. — Quick memo to Rupert Murdoch, Jonah Peretti and other media executives …
Discussion:
Longreads, Business Insider, AdExchanger, Ad Age, The Daily Caller, The Outline, Recode, Vanity Fair, @iamdylancurran, @oliverdarcy, The Week, @rasmus_kleis, BuzzFeed, @raju, @karaswisher, MediaNama, @jason_kint, @stevenlevy, @nxthompson, @davidcayj, Gizmodo, Fortune, Wall Street Journal, Recode, @minitakumar, @nixxin, @nickstatt and @karaswisher
Ben Smith / BuzzFeed:
Zuckerberg says Facebook is already ranking news organizations based on trust, will invest billions to fight fake news, remains committed to WhatsApp encryption
Discussion:
Techdirt, Nieman Lab, The Information, The Wrap, Ad Age, The Daily Caller, @ckummer, @trevortimm, @mskellymhayes, @libshipwreck, @richardkimnyc, @rasmus_kleis, @mathewi, @bombaywallah, @johncassidy, @nickconfessore, @lpolgreen, @ddayen, @matthewstoller, @mattnavarra, @sarahfkessler, Quartz, @dicktofel, Press Gazette, Wall Street Journal, @dabeard, @markdistef, @mimbsy, Vanity Fair and HuffPost
Benjamin Mullin / Wall Street Journal:
Bloomberg's paywall, beginning Wednesday, costs $35/month, or $40/month with Businessweek subscription and events; non-subscribers can see 10 stories/month free — The paywall, which allows visitors to read 10 articles a month for free, includes a $39.99 option that comes with a subscription …
Discussion:
Business Insider, @cahnemily and @tomgara
Jessica Toonkel / Reuters:
Verizon's Oath signs distribution deal to place four of its apps, Newsroom, Yahoo Sports, Yahoo Finance, and Go90, on Samsung Galaxy S9/S9+ devices in the US — (Reuters) - Verizon Communications Inc's Oath Inc subsidiary has signed a deal to place four of its most popular apps on millions …
Discussion:
Ad Age, Gizmodo, Digital Trends, Oath, XDA Developers, Techdirt, The Verge, Android Police, SlashGear, @tylerrobb, Droid Life and The Drum, more at Techmeme »
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Borys Kit / Hollywood Reporter:
Gabriel Sherman, who wrote a book about Roger Ailes, will write a screenplay for a Donald Trump movie, The Apprentice, produced by Amy Baer via Gidden Media — The film will focus on the president's rise to power. — Donald Trump is getting the big-screen movie treatment in a film called …
Discussion:
The Wrap, Mediaite, The Wrap, @ira, Deadline, @jmrivera02 and The Daily Caller
David Beard / Poynter:
South Florida Sun Sentinel puts a moratorium on gun ads and apologizes for failing to follow its own policy of not placing gun ads on the front page — “It's a mess. It's horrible.” — That's Julie Anderson, editor-in-chief of the South Florida Sun Sentinel, reacting …
Discussion:
Miami New Times, @fred_guttenberg, Washington Post, Sun-Sentinel, Associated Press, @sunsentinel, Boing Boing, @fred_guttenberg and @juliea712
Karen K. Ho / Columbia Journalism Review:
White House Correspondents Dinner gave 27 scholarships in 2018, from $2,500-$7,000; tickets cost $300, and venue, food, and entertainment expenses are high — White House Correspondent Association President Margaret Talev speaks at the WHCA dinner on Saturday, April 28, 2018.
Discussion:
@karenkho, @jayrosen_nyu, @oliverdarcy and PR Newswire
Anita Balakrishnan / CNBC:
Spotify reports first ever financial results with Q1 revenue of €1.139B, up 26% YoY, on operating loss of €41M; MAUs up 30% YoY to 170M — - The company posted a total user base of 170 million, with 75 million paid subscribers, in line with expectations.
Discussion:
Variety, TechCrunch, VentureBeat, MacRumors, @jank0 and @pkafka, more at Techmeme »
Sara Fischer / Axios:
Media exec Merrill Brown launches The News Project, a platform for news publishers, built by 10up, that includes AP wire access and uses Piano subscription tech — A group of media, journalism and tech companies has joined veteran media executive Merrill Brown to create …
Discussion:
MediaPost
Alan C. Miller / The News Literacy Project:
News Literacy Project refused to remove mentions of Turkey's press restrictions in presentation for UN Alliance of Civilizations; alliance then postpones event — The United Nations Alliance of Civilizations (UNAOC) indefinitely postponed an event at the U.N. tomorrow to observe World Press Freedom …
Discussion:
@farnazfassihi, @farnazfassihi, @alanmillernlp and @waltmossberg
Todd Spangler / Variety:
Hulu announces it has surpassed 20M subscribers in the US, increasing 18% since the end of 2017, and inks animation deal with DreamWorks — Upfront news includes ‘Good Doctor’ licensing pact, 'Handmaid's Tale' renewal, plans to start running live TV ads in Q2
Discussion:
The Wrap, MediaPost, Deadline, Broadcasting & Cable, VideoNuze Analysis, Fortune, AdExchanger and Fast Company, more at Techmeme »
Andrew Wallenstein / Variety:
Condé Nast says Wired, GQ, and Bon Appetit will get streaming channels to be carried on Apple TV, Roku, Amazon Fire; Wired channel will launch later this year — Wired, GQ and Bon Appetit are slated to become the first magazine brands within Condé Nast to support …
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