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1:25 PM ET, May 24, 2018

Mediagazer

 Top News: 
Nathan Bomey / USA Today:
Elon Musk unleashes barrage of criticism aimed at “big media companies” in at least 19 tweets and says he plans to launch a site to assess journalists  —  Elon Musk, the billionaire CEO of Tesla and SpaceX, ripped the news media for what he described as irresponsible reporting …
Abigail Abrams / Fortune:
Netflix market value reaches $149B, surpassing Comcast's $147B, and approaching Disney's $153B; the company's stock has gone up 70% since January  —  Netflix passed Comcast in market value on Wednesday, signaling another win for the streaming service as it continues to compete with traditional television.
Lucia Moses / Digiday:
Some publishers sit out meetings with Google about GDPR, citing its public silence on how it will use the data it expects publishers to give it access to  —  Google is set to have meetings today with media trade associations and various publishing company representatives to address their concerns …
Erik Wemple / Washington Post:
The Daily Beast's EIC John Avlon is moving to CNN as a full-time senior political analyst and anchor, replaced by Noah Shachtman, moving from executive editor  —  How do you improve the Daily Beast?  —  “I want us to lean harder into who we are,” says Noah Shachtman of the Daily Beast.
Discussion: TVNewser, Mediaite and @olivianuzzi
Janko Rottgers / Variety:
Vevo is shuttering its Android, iOS, and Windows Mobile apps and website to refocus on YouTube following resignation of several execs and significant layoffs  —  Major-label owned Vevo is giving up on plans to build its own music video platform outside of YouTube's control …
Jeff Baumgartner / Multichannel News:
Verizon seems to abandon plans to build its own OTT service as CEO says it wants to partner with an existing OTT service to deliver Oath digital content  —  Verizon has been adamant that the OTT TV service it was developing would not be a “me-too” amid a growing sea of virtual MVPDs.
Discussion: The Verge and Light Reading
Gavri Smith / The Keyword:
Google Trends gets revamped Trending searches and Explore pages, new infographic types like an intensity map, showcased data stories curated by News Lab, more  —  {[drawerToggle.open ?  ‘Hide Related Articles’ : 'Show Related Articles']}  —  Google Trends has become a key part …
Discussion: Engadget
Garrett Camp:
Sixteen years after it started, StumbleUpon to shut down and transition its accounts to content discovery platform Mix.com over the next couple of months  —  Sixteen years ago, we started StumbleUpon to help people discover new webpages.  The idea was simple: click a button to find a cool webpage.
Gerry Smith / Bloomberg:
Buzzfeed to develop a Hulu documentary about R. Kelly abuse allegations; Peretti is also considering subscription products in subjects like education and gaming  —  - Production for Hulu marks company's latest programming deal  — CEO Peretti says BuzzFeed seeing ‘double-digit’ sales growth
BBC:
Egypt detains prominent blogger and activist Wael Abbas, and sources say he faces accusations of “disseminating false news and joining an outlawed group”  —  A prominent Egyptian activist and blogger known for documenting alleged abuses by the security forces has been detained, his lawyer says.
 
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 More News: 
Devin Coldewey / TechCrunch:
The FCC's Ajit Pai has repeatedly evaded answers and refused to respond to questions from members of Congress, 13 Democrats say in new letter seeking responses
 Earlier Picks: 
Mark Leibovich / New York Times:
Interviews with White House communications staffers Hogan Gidley and Sarah Sanders, who have linked their integrity to a president not known for accuracy
Kurt Wagner / Recode:
Snap launches a seed accelerator, called Yellow, that will invest $150K in 10 different media startups and creators starting this fall
Lydia Wheeler / The Hill:
District court judge rules President Trump can't block people from viewing his Twitter feed, calling it a designated public forum protected by First Amendment
 

 
From Techmeme:

Gaby Del Valle / The Verge:
NYC is partnering with Evolv, a weapons detection company that has faced scrutiny over its machines' accuracy, to test AI-based gun detectors on the subway

Meredith Whittaker / LPE Project:
The TikTok divestment bill will not offer any meaningful privacy protection from China, but it will further entrench the dominance of US-based social networks

Sam Kim / Bloomberg:
South Korean national statistics data: chip output grew 65.3% YoY in February 2024, the most since late 2009, with demand for AI-related memory driving growth

 
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