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4:00 AM ET, September 18, 2018

Mediagazer

 Top News: 
David Streitfeld / New York Times:
Marc Benioff says he won't get involved operationally in Time, which will remain in New York, with Meredith remaining a key partner  —  While having a massage late Sunday, the West Coast-based tech billionaire discussed via text message why he was entering the East Coast-based media industry …
RELATED:
Peter Kafka / Recode:
After Time magazine's sale, questions remain about the future of Fortune, Money, and Sports Illustrated, which Meredith has been trying to sell for most of 2018
Jeffrey A. Trachtenberg / Wall Street Journal:
Meredith Corp. has agreed to sell Time magazine for $190M to Marc Benioff, co-founder of Salesforce.com, and his wife, Lynne Benioff
Cora Currier / The Intercept:
Internal memos from 2015, written by US AG for FBI, show how the US government can monitor journalists: high-level DOJ officials bring requests to FISA court  —  The U.S. government can monitor journalists under a foreign intelligence law that allows invasive spying and operates outside …
Benjamin Mullin / Wall Street Journal:
Gawker's owner Bryan Goldberg plans to spend at least $5M in the first year of its relaunch, mostly on hiring editorial staff, some toward media acquisitions  —  The company is planning to hire “dozens” of writers and editors ahead of next year's relaunch, and is scouting other acquisitions
Music Business Worldwide:
Leaked email to Dubai ad agency shows Spotify plans to launch across the Middle East and North Africa in November with a new regional headquarters in Dubai  —  Spotify's next major global move is coming soon.  —  According to a leaked email, the service plans to launch across the Middle East …
Discussion: Gulf News, Variety and RAIN News
Hannah Frishberg / Columbia Journalism Review:
A look at the three profitable independent local news outlets, a bi-weekly and two blogs, in the New York neighbourhood of Roosevelt Island  —  Roosevelt Island, a thin, roughly two-mile sliver of land in the East River between Manhattan and Queens, is home to some 14,000 New Yorkers …
Jesse Brown / CANADALAND:
Jesse Brown, the reporter who initially broke the Jian Ghomeshi story, says Ghomeshi's essay in The New York Review of Books is filled with inaccuracies  —  Had The New York Review of Books bothered to look into Ghomeshi's claims before publishing his essay, this is what they would have learned
Violet Blue / Engadget:
Female ASMR video creators have been permanently banned from PayPal and had funds frozen after 8chan harassment campaign; PayPal says it has no anti-ASMR policy  —  In June, China banned and excised videos of sound effects while claiming to cleanse its internet of pornography.
 
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 More News: 
Sean Burch / The Wrap:
Ahead of the Emmys on Monday night, Hulu's Live TV service, which it launched 16 months ago, hits 1M subscribers
Livemint:
Sources: Walmart's Flipkart has held early-stage talks with Indian video streaming service Hotstar about acquiring a stake in the company
Paige Williams / New Yorker:
A profile of Press Secretary Sarah Huckabee Sanders, including her public and private relationship with the press, and how she works with Trump
 Earlier Picks: 
Danah Boyd / Data & Society:
How extremists exploit tech's respect of “free speech” and media's bias to cover “both sides” to amplify fringe messages and get into mainstream conversation
Christine Schmidt / Nieman Lab:
Knight Foundation and Lenfest Institute each put $10M into local news, supporting a local lab in Philly and growing Table Stakes program to up to 16 new regions
 

 
From Techmeme:

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

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

James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was on May 2020

 
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