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5:50 PM ET, May 24, 2018

Mediagazer

 Top News: 
Rob Leathern / Facebook:
Facebook rolls out “Paid for by” disclosure labels on Facebook and Instagram for political ads in US, including issues ads that deal with 20 specific subjects  —  As we announced last month, we're making big changes to the way ads with political content work on Facebook to help prevent abuse, especially during elections.
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Twitter:
Twitter to add badges and disclaimers for US federal political advertisers and require certification and account elements “consistent with online presence”  —  We believe transparency is key for both the people using our service and advertisers to feel confident in our platform.
Anna Hensel / VentureBeat:
Facebook launches its archive of political ads, containing ads for political candidates and “issue ads” starting in May 2018
New York Times:
Sources: Harvey Weinstein is expected to surrender to authorities in New York on Friday to face charges in connection with at least one accuser, Lucia Evans  —  Harvey Weinstein, the disgraced movie mogul, is expected to surrender to investigators on Friday after a monthslong inquiry …
RELATED:
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 …
RELATED:
Ben Smith / BuzzFeed:
Elon Musk's bad-faith bluster shows how little the tech barons understand about journalism; suggestions to crowdsource truth are plainly naive  —  When it comes to media criticism, comparing Elon Musk to Donald Trump is very unfair — to Trump.  —  BuzzFeed Editor-in-Chief
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.
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 …
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.
Lucas Shaw / Bloomberg:
Netflix topped Walt Disney Co. in market value Thursday after surpassing Comcast on Wednesday; the company's stock is up 82% in 2018  —  - Stock, up more than 80%, leads S&P 500 Index again this year  — Investors focus on subscriber growth over burgeoning cash burn
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 …
Joseph Otterson / Variety:
Viacom's BET Networks announces that Debra Lee is stepping down as chairman and CEO on May 28  —  Debra Lee is stepping down from her position as chairman and CEO of BET Networks effective May 28, the company announced Thursday.  —  Lee began her career with the company as its first vice president and general counsel in 1986.
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
 
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 More News: 
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
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
Discussion: Engadget
 Earlier Picks: 
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