Top News:
Nellie Bowles / New York Times:
Julia Angwin and Jeff Larson are starting The Markup, a news site to cover big tech using data science, with a $20M gift from Craig Newmark and other funding — The Markup, dedicated to investigating technology and its effect on society, will be led by two former ProPublica journalists.
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@jayrosen_nyu, @juliaangwin, @jameeljaffer, @jameeljaffer, TechCrunch, @davidpleonard, @suepgardner, @jayrosen_nyu, @mer__edith, @craignewmark, @annaldavis1, @raju, @rafat, @loisbeckett, @mlcalderone, @aaschapiro, @_hartsick, @justinelszasz, @dansinker, @mikeisaac, @vickynguyentv, @dangillmor, @jayohday, @loisbeckett, @sulliview, @cliffordlevy, @johnbattelle, Fortune and Peter O'Kelly's Reality Check, more at Techmeme »
Spriha Srivastava / CNBC:
UK broadcaster Sky says it has accepted $39B takeover offer from Comcast, urges shareholders to accept the offer immediately — - Comcast outflanked rival Twenty-First Century Fox after submitting a much higher bid in a three-round auction on Saturday. — Comcast offered £17.28 per share …
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CNBC, The Verge, CNNMoney, Multichannel News, Bloomberg, Talking Biz News, Financial Times, The Drum, Bloomberg, Fortune, @sherman4949, @rwmead, @dylanbyers, @amolrajan and Bloomberg
Michael Sheetz / CNBC:
Satellite radio company SiriusXM to acquire music streaming service Pandora in a $3.5B all-stock deal — Satellite radio company SiriusXM is acquiring music streaming service Pandora in a $3.5 billion all-stock deal, the companies announced Monday. — Pandora shares rose 14.4 percent …
Discussion:
TechCrunch, VentureBeat, Radio & Television …, The Wrap, @charlesarthur, @claireatki, @readdanwrite and @eamonjavers, more at Techmeme »
Wall Street Journal:
Sources: digital publisher Vox Media will struggle to achieve double-digit percentage revenue growth this year, likely missing its goal by more than 15% — Other digital-media firms have struggled to live up to ambitious growth goals in a challenging online ad market
Discussion:
@benmullin, @jayrosen_nyu, @alexkoppelman, @jbenton, @mdudas, @jbenton, @benmullin, @rafat and @jrreed
Charlie Warzel / BuzzFeed News:
Ian Rylett, co-founder of YouTube tween channel SevenAwesomeKids, arrested for allegedly molesting a minor; YouTube demonetized the channel but left it up — For weeks now, SevenAwesomeKids, part of one of YouTube's biggest and most active tween/teen girl channel networks, has been suspiciously dormant.
Discussion:
@slpng_giants, @jedgarren, @cwarzel and @cwarzel
Robert Silverman / The Daily Beast:
A look at how Barstool Sports employees, fans regularly harass female reporters, with founder Dave Portnoy once asking if a woman “kind of deserves to be raped” — Multiple female sportswriters recount the ugly harassment they received from Stoolies—and place much of the blame …
Discussion:
@onlxn, @britnidlc and @elongreen
Wall Street Journal:
Sources: WPP is considering a merger between its digital-ad firm VML and Young & Rubicam, which WPP bought in 2000 for $4.7B — New CEO Mark Read is preparing to consolidate some of the ad giant's major properties to keep pace with the industry's digital shift
Hanna Kozlowska / Quartz:
Chartbeat: when Facebook experienced a 45-minute outage on August 3 in many parts of the world, direct traffic to news websites spiked by 11%, search was up 8% — What happens when internet users can't go on Facebook? Some turn to other social media platforms to joke about it.
Discussion:
@louisgray
Lucia Moses / Digiday:
TicToc, Bloomberg's 24/7 streaming video network, now has nearly 400K Twitter followers, 2.2M average daily views, 1.4M average daily viewers, and 60+ employees — Bloomberg Media is trying to turn its Twitter network TicToc into a full-fledged media brand.
David Stanway / Reuters:
China has shut down 4,000+ websites and online accounts, removed 147,000 pieces of information during its three-month campaign against “harmful” content — SHANGHAI (Reuters) - China has shut down more than 4,000 websites and online accounts in a three-month campaign against …
Economist:
Profile of the Global Times, a Chinese tabloid and subsidiary of the Communist Party's People's Daily, which sells 1.5M copies of its Chinese edition a day — It is unfashionable in China to take the fiery tabloid seriously — FEW countries have invested more man-hours in suppressing awkward facts than China.
Discussion:
@dsorennie, @daokedao1234, @jiehyunglo, @rollandnadege, @ehundman, @s_rabinovitch and @huxijin_gt
Douglas Busvine / Reuters:
Study: spending on digital marketing grew by 44% last year in the US and Britain to $52B, with global spending on “martech” estimated to near $100B — FRANKFURT (Reuters) - Spending on digital marketing grew by 44 percent last year in the United States and Britain to $52 billion …
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