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4:10 AM ET, August 8, 2018

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 Top News: 
CNET:
Infowars page removed from LinkedIn and Pinterest, but remains on Twitter, which says Infowars and Alex Jones don't violate its policy, and Instagram  —  Conspiracy theorist Alex Jones is quickly disappearing from the internet, though some accesses to his site Infowars is still available on the web.
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David French / New York Times:
Given the malleability of the “hate speech” label, tech companies should use libel and slander legal standards when removing content like Infowars  —  “Hate speech” is extraordinarily vague and subjective.  Libel and slander are not.  —  Mr. French is a First Amendment litigator and senior writer for National Review.
Shoshana Wodinsky / The Verge:
Following bans of Infowars' content, its mobile app has shot up iOS App Store and Google Play Store charts, going from 47th to 4th in US news category on iOS  —  ‘Infowars WILL NOT be silenced’  —  Infowars Official, the app named after Alex Jones' controversial radio talk show …
Sam Stein / The Daily Beast:
Ipsos: 43% of Republicans say they believe Trump should have the power to shut down news outlets “engaged in bad behavior”, with 12% of Democrats agreeing  —  Freedom of the press may be guaranteed in the Constitution.  But a plurality of Republicans want to give President Trump …
Gizmodo:
Knight First Amendment Institute, Gizmodo, and others ask Facebook to amend its ToS, which prohibits the use of journalistic tools like web scrapers  —  Last year, we launched an investigation into how Facebook's People You May Know tool makes its creepily accurate recommendations.
Michael Phillips / Richmond Times-Dispatch:
Roanoke Times files a suit against its ex-reporter Andy Bitter over the rights to the Twitter account @AndyBitterVT, alleging it's company property he inherited  —  The Roanoke Times filed a lawsuit Tuesday morning in a U.S. District Court against a former reporter over the rights to a Twitter account.
Josh Constine / TechCrunch:
Snap reports Q2 revenue of $262.3M, up 44% YoY, and 188M DAUs, up 8% YoY but down from 191M in Q1 against competition from Facebook Stories  —  The Stories War has officially killed Snapchat's growth.  In Q2 2018 earnings today, Snapchat's daily user count shrank 1.5 percent to 188 million this quarter …
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Marc Vartabedian / Wall Street Journal:
Snap's DAU decline in Q2 marks the first time Snapchat has lost daily users since the company was founded in 2011
Brooks Barnes / New York Times:
AT&T has acquired controlling interest in Otter Media from the Chernin Group, a deal valued at more than $1B; Otter Media will be folded into WarnerMedia  —  LOS ANGELES — Jesse Jacobs, president of the Chernin Group, felt defeated.  —  It was July 12, 2013, and Mr. Jacobs had just found …
Jem Aswad / Variety:
Warner Music Group sells its entire stake in Spotify for $504M  —  UPDATED: In its earnings call on Tuesday morning, Warner Music Group announced that it has now sold its entire stake in Spotify, realizing $504 million.  —  CEO Steve Cooper said that the sale resulted in $126 million …
Kali Hays / WWD:
Analysis: US magazines lost ~$417.5M in revenue last year as top 50 biggest advertisers cut spending; there are now 7,176 magazines, 207 fewer than a decade ago  —  Some magazines are figuring out how to drive growth online and in print, but only a few.  —  The magazine industry puts on a brave face, but data doesn't lie.
Discussion: Fashionista
 
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 More News: 
Dell Cameron / Gizmodo:
Report from FCC's inspector general refutes controversial claims by senior FCC officials that a cyberattack hobbled its comment system in May 2017
Hamilton Nolan / Splinter:
It will not be long before reporters become casualties of the Trump era's rhetoric and a journalist is killed
Jason Schwartz / Politico:
Fox News says it is addressing producers and “talent involved” on Jesse Watters show over racist comments made about NYT writer Sarah Jeong
Discussion: Washington Post
 Earlier Picks: 
Alex Sherman / CNBC:
Video streaming startup NewTV, led by Jeffrey Katzenberg and Meg Whitman, raises $1B round with Disney, Alibaba, NBCUniversal, and others participating
Brian Steinberg / Variety:
Discovery's Q2 profit drops 42% YoY due to charges associated with Scripps purchase, with net income falling to $216M
Discussion: MediaPost
Andrew Beaujon / Washingtonian:
WaPo employees: Bezos should focus on fixing the 401(k), reopen US bureaus, refocus the sports desk, bring back the ombudsman, and plan for the post-Trump era