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6:00 AM ET, July 11, 2018

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 Top News: 
Washington Post:
UK watchdog gives Facebook a preliminary fine of about $664,000, the maximum allowed, for letting Cambridge Analytica access data about millions of people  —  Facebook is staring down its first fine for allowing Cambridge Analytica to improperly access data about millions of people …
Todd Spangler / Variety:
Univision confirms it hopes to sell Gizmodo Media Group and its stake in The Onion and has hired Morgan Stanley to help with the sale  —  Univision Communications is officially looking to unload the Gizmodo Media Group — which mostly comprises the sites it acquired in the bankruptcy auction …
Joe Mayes / Bloomberg:
21st Century Fox Inc. boosts its bid for Sky TV, offering £14 per share and valuing the company at £24.5B, topping Comcast's offer of £22B  —  - Offer is now 12 percent higher than Comcast's bid for Sky  — Sky is part of a wider battle between Comcast and Disney
New York Times:
The New York Times says its 55 newsletters now have over 14M subscribers collectively  —  Times Insider delivers behind-the-scenes insights into how news, features and opinion come together at The New York Times.  —  Chris Stanford likes to think of himself as a “news concierge.”
Scott Roxborough / Hollywood Reporter:
EU's biggest TV broadcasters are combining resources to launch streaming video services in countries like UK, France, and Germany to compete against Netflix  —  Old media broadcasters in Germany and France are setting up ambitious joint national video platforms, but do they have what it takes to compete with the streaming giants?
Megh Wright / Vulture:
For a few hours, the Washington Post cited satire site Clickhole as a reputable source in a story on UK effort to push “American Idiot” to top of music charts  —  You may have heard the news that Brits are trolling Donald Trump ahead of his visit with Prime Minister Theresa …
Maxwell Tani / The Daily Beast:
Business Insider removed a post about portrayals of trans individuals in Hollywood following staff complaints, said article did not meet its standards  —  Business Insider removed a post about portrayals of trans individuals in Hollywood after staff complained internally about the column …
Taylor Kate Brown / BBC:
A look at how the loss of local newspapers, combined with dwindling regional coverage, is affecting American cities like Boulder and Denver  —  In the past decade, hundreds of local US newspapers have closed or merged.  What happens to the communities they leave behind?
Digiday:
Publishers say Publicis is asking them to collect users' consent for ad-targeting and assume liability, to get the agency in compliance with GDPR  —  Several publishers are pushing back on demands by agency giant Publicis that are meant to get the agency in compliance with the General Data Protection Regulation.
Jagmeet Singh / NDTV Gadgets 360:
To combat the spread of fake news on its app, WhatsApp is rolling out “Forwarded” label to indicate when messages have been forwarded to users  —  WhatsApp has started rolling out a feature that will indicate to users which messages they receive were forwarded by as is the sender.
RELATED:
Rishi Iyengar / CNNMoney:
WhatsApp is using newspapers to fight fake news in India, taking out full-page ads offering news literacy tips in leading English-language and Hindi titles
Ted Johnson / Variety:
The FCC prepares to take steps toward easing rules on the amount and type of children's programming required to be provided by broadcasters  —  WASHINGTON — The FCC on Thursday will take the first step toward easing a set of rules that requires the amount and type of children's programming …
Discussion: TVWeek.com
Lesley Goldberg / Hollywood Reporter:
Actor and director Jason Bateman has signed a first-look, multiple-year overall film and TV deal with Netflix  —  His Aggregate production company will team with Michael Costigan for a first-look deal with the streaming giant.  —  Jason Bateman is putting down his roots at Netflix.
 
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Shan Wang / Nieman Lab:
Newsletter startup Substack now has 11K paying subscribers, with revenue split between 10 medium-sized publications
Freddy Mayhew / Press Gazette:
A reporter hired to cover local politics, as part of BBC's “Local Democracy” partnership with regional papers, was fired after complaint from local politician
Matthew Ball / @MediaREDEF:
Netflix's content spend is not reckless; its strategy to capture paid users' leisure time gives it an edge over free content platforms like Facebook and YouTube
Travis M. Andrews / Washington Post:
Billboard's latest record-breaking chart numbers reveal the challenges it faces in figuring out a streaming equivalent to an album purchase or a song download
Discussion: New York Times
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Robert Burnson / Bloomberg:
Court filing: OpenAI says Elon Musk's claim that the company has abandoned its altruistic principles is “revisionist history” and a bid to boost his AI company

 
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