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1:40 PM ET, July 4, 2018

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 Top News: 
Marlee Baldridge / Nieman Lab:
A look at NJ's bill to use $5M to support local media: five universities as collaborators, a board to oversee grants, language emphasizing media independence  —  The dollar amount isn't huge, and it will barely put a dent in the crisis of local news.  But it's also an official statement …
Marcy Wheeler / emptywheel:
Marcy Wheeler, author of natsec-focused emptywheel blog, says she went to FBI in 2017 about a source she thinks is lying and had role in Russian election attack  —  I'd like to put a human face — my own — to the risk posed by GOP gamesmanship on the Mueller investigation.
Nikhil Pahwa / MediaNama:
A look at changes WhatsApp can make to curb misinformation after violence in India, including making messages private by default and forwarding only by consent  —  With over 200 million users in India, WhatsApp has a massive Fake News and misinformation problem.
Michael M. Grynbaum / New York Times:
The New York Times says reporter Ali Watkins, whose email and phone records were seized by the US government, will be transferred to a new beat in New York  —  Ali Watkins, the New York Times reporter whose email and phone records were secretly seized by the Trump administration …
Stephen Carlisle / Nova Southeastern University:
A VA district court ruling that commercial use of a photo found on the internet was fair use ignored key provisions of the Copyright Act and disregarded facts  —  On June 11, 2018, another head scratching decision came out of the Eastern District of Virginia, one that has the potential …
 
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 More News: 
Paresh Dave / Reuters:
Sources say Google's delay in joining a consortium of ad tech companies has complicated its members' GDPR compliance efforts
Hamilton Nolan / Splinter:
WaPo's open shop union, lacking leverage, encourages members to accept insulting terms of new two-year contract, like $15/week raises, cuts in overtime payments
 Earlier Picks: 
Sarah Frier / Bloomberg:
Facebook's enforcement of political ad rules blocks ads for companies from waxing salons to Walmart, using words “bush” and “Clinton”, a common town name
Reuters:
Chinese state media group CMC says it raised $1.49B from Alibaba and Tencent in a deal valuing the company at around $60B
Discussion: Variety
Mark Sweney / The Guardian:
Source: BBC Worldwide is in talks with Channel 4 to purchase the 50% of UKTV it doesn't own from Discovery for £500M
Discussion: FierceCable
Jaclyn Peiser / New York Times:
Some high school newspapers find themselves censored by administrators for writing about school shootings, sexuality, and the reasons for a teacher's dismissal
 

 
From Techmeme:

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

Shashwat Chauhan / Reuters:
The US CFTC announces that spot crypto asset contracts will begin trading for the first time on CFTC-registered futures exchanges

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities

 
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