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8:00 PM ET, October 16, 2018

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PEN America:
PEN America, along with two other organizations, sues President Trump seeking to stop him from using govt to retaliate against news outlets and journalists  —  “PEN declares for a free press and opposes arbitrary censorship.  It believes that the necessary advance of the world toward …
Jon Levine / The Wrap:
Fox Business remains the last American media partner at Saudi Arabia business conference, after the NYT, CNN, CNBC, and others withdrew  —  A rep for Fox Business told TheWrap that the network's participation in the conference remained “under review”  —  Fox Business stands increasingly alone …
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Associated Press:
High-level Turkish official says police found evidence that Jamal Khashoggi was killed at Saudi consulate  —  ISTANBUL (AP) — Police searching the Saudi Consulate found evidence that Saudi writer Jamal Khashoggi was killed there, a high-level Turkish official said Tuesday …
Matthew Iles / Civil:
Civil says the sale of its CVL token fails to hit its $8M goal, buyers will be offered full refunds; plans for a “simpler” token sale will be shared soon  —  A setback, and the path forward.  —  Key takeaways:  — The CVL token sale didn't succeed.
Alex Heath / Cheddar:
Source: Facebook is building a hybrid video chat/TV set-top box, internally called Ripley, which it plans to announce in Spring 2019  —  Facebook is developing hardware for the TV, Cheddar has learned.  —  The world's largest social network is building a camera-equipped device that sits atop …
Michelle Castillo / CNBC:
Netflix Q3: streaming revenue of $3.91B, up 36% YoY, and global membership surpassing 130M paid and 137M total; stock up 13%+ after hours  —  - Earnings per share (EPS): 89 cents vs. 68 cents estimate, according to a Refinitiv consensus estimate  —  Netflix shares soared 15 percent …
Sara Fischer / Axios:
Chartbeat: traffic to publishers from Facebook down nearly 40% since January 2017, but direct mobile traffic to publishers websites and apps has grown 30%+  —  Facebook and Twitter are declining as news and media referral sources on mobile, according to a report from traffic analytics company Chartbeat …
The Guardian:
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Joseph Menn / Reuters:
Facebook weighs a ban on posts linking to hacked material, expands ban on voting-related misinfo; sources: months ago execs weighed banning all political ads
John McCarthy / The Drum:
UK-based Facebook publisher Unilad has been sold to its rival LadBible, forming the “largest social media publisher ever” with a combined 120M followers  —  After two weeks of heated legal action, bidding, internal strife and uncertainty at Unilad, The Drum can now confirm …
Discussion: @perlberg and @johngeemccarthy
Aidan McLaughlin / Mediaite:
Memo: CNN's sister channel HLN, which has struggled with ratings, will cut back on live shows, airing taped programming after 3pm weekdays starting October 29  —  HLN is drastically cutting back on its live programming, axing all shows with the exception of Morning Express with Robin Meade …
 
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 More News: 
Christine Schmidt / Nieman Lab:
Vox launches Future Perfect, a website section, twice-weekly newsletter, and weekly podcast focused on “effective altruism”, with a $380K Rockefeller grant
Josh Constine / TechCrunch:
Facebook says it will demote links in the News Feed to websites that illicitly scrape and republish content from other sources with little or no modification
David Folkenflik / NPR:
NPR CEO Jarl Mohn names Houston Chronicle Executive Editor Nancy Barnes as the network's senior vice president for news and editorial, to start on November 28
 Earlier Picks: 
Rachel Glickhouse / Nieman Lab:
Rachel Glickhouse, the partner manager for ProPublica's Documenting Hate investigative project, describes her new newsroom role