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12:00 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.
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  —  A federal district court judge on Wednesday ruled that President Trump  —  can't block people from viewing his Twitter feed over their political views.
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 …
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 …
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.
Tyler Lauletta / Business Insider:
ESPN and UFC agree to a five-year deal worth $1.5B, moving UFC from Fox Sports to ESPN and ESPN+, starting in 2019  —  - The move will likely introduce a new audience to the world of mixed martial arts and will give ESPN plenty of opportunities to promote its new product.
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
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  —  Flacks in this White House press office are getting enormous exposure — but potentially at a long-term cost to their credibility.
 
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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
Kurt Wagner / Recode:
Snap launches a seed accelerator, called Yellow, that will invest $150K in 10 different media startups and creators starting this fall
Discussion: Variety
 Earlier Picks: 
Nicholas Thompson / Wired:
Facebook outlines new steps to combat false news: request for academic proposals to study it on Facebook, release of a 12-minute film, and news literacy program
CNNMoney:
Reporters from CNN, Politico, and other news outlets have been banned from covering the EPA summit for a second day
Lucia Moses / Digiday:
With its short-run newsletters on topics like the World Cup, The New York Times can showcase its expertise and convert readers into subscribers