Mediagazer: Facebook has quietly released an app for iOS and Android called Lasso, designed to compete with TikTok, that lets users create short videos (Shannon Liao/The Verge)

4:50 PM ET, November 9, 2018

Top News:

Federal prosecutors have evidence of Trump's participation in American Media Inc.'s payoffs of Stormy Daniels and Karen McDougal, a violation of election laws — New link at Wall Street Journal

Drew Harwell / Washington Post:

Press Secretary Sanders tweeted a video that experts say was altered and which made Jim Acosta's encounter with a White House intern appear more violent — White House press secretary Sarah Sanders on Wednesday night shared a video of CNN reporter Jim Acosta that appeared to have been altered …

Discussion: Associated Press, @presssec, Pew Research Center, Wired, New Yorker, Washington Post, The Daily Beast, @rafaelshimunov, The Verge, Rolling Stone, Wall Street Journal, @cwarzel, Media Matters for America, New York Post, Broadcasting & Cable, @brianstelter, BuzzFeed News, Tubefilter, @oliverdarcy, @farhip, Arkansas Blog, Arkansas Times, Hmm Daily, USA Today, New York Times, The Verge, @nppalawyer, @fbajak, @buzzfeednews, Gothamist, New York Times, @danpfeiffer, @jaketapper, Lefsetz Letter, The Overspill, The Wrap, @nppalawyer, @jonmladd, @mattortega, @knicksfanblog, NPPA, @news_guild, @tomemburyd, @normeisen, @brendannyhan, @tigerbeat, @cdisillusion, @drfrancesryan, @rafaelshimunov, @jackiekcalmes, @davidfrum, @buzzfeedben, @jk_rowling, Mother Jones, Slate, Nicholas Kristof, The Independent, HuffPost, Vox, Hit & Run, Fast Company, Media Matters for America, The Daily Caller, New York Post, Rewire.News, Mashable and The Daily Beast

Amy B Wang / Washington Post:

White House suspends Jim Acosta's press pass after he and Trump had a tense exchange; Sarah Sanders claims Acosta “placed his hands” on woman at press event — The White House has suspended the press pass of CNN reporter Jim Acosta after President Trump took issue …

Discussion: Longreads, @presssec, Committee to Protect …, New York Times, @cnnpr, @jeffmason1, @acosta, @acosta, @acosta, @cnnpr, Columbia Journalism Review, Conservative News Today, Sputnik International, @jayrosen_nyu, @joelockhart, @mikeisaac, @olivianuzzi, @mckaycoppins, @nora_kelly, @ac360, @ronwyden, @chuckrossdc, @pattonoswalt, @joshtpm, New York Times, @yamiche, @benshapiro, @peterbakernyt, @parkermolloy, @peterbakernyt, @mikiebarb, @peterbakernyt, @brianklaas, @chrismegerian, @kendilaniannbc, @jonathanalter, The Daily Beast, @milbank, @harikunzru, @jeffjarvis, @brianstelter, @w7voa, @noahshachtman, @perlberg, @colbyhall, @jason_a_w, @mattyglesias, @olivianuzzi, @maggienyt, @armandodkos, @maggienyt, @joelockhart, @davidshepardson, @sopandeb, @susan_hennessey, @davidakin, @anildash, @fridaghitis, @jayrosen_nyu, @erikwemple, @jonathanlanday, @girlsreallyrule, @jenniferjjacobs, @mlcalderone, Congressman Alcee L. Hastings and Dan Rather

Jeremy Barr / Hollywood Reporter:
Trump says “it could be others also” when asked how long Acosta will be suspended

Discussion: Variety, TVNewser and Mediaite

Margaret Sullivan / Washington Post:
CNN should sue the White House for taking away Jim Acosta's press pass under a false pretext, and press-rights groups and media outlets should join in

Discussion: @melissakchan, Poynter, Poynter, @sulliview, @sopandeb, @sopandeb, Politico, @jeffjarvis, Politico, @rcfp, @ejdionne, @davidakaye, @indexcensorship, @trevortimm, @jonathanwpeters and Mediaite

Jeffrey A. Trachtenberg / Wall Street Journal:

Meredith sells Fortune magazine to Thai businessman Chatchaval Jiaravanon for $150M — The sale to Chatchaval Jiaravanon gives the business publication a new owner for the second time this year — Meredith Corp. MDP -4.70% said Thai businessman Chatchaval Jiaravanon has agreed …

Discussion: Fortune, The Wrap, @alansmurray, Observer, Folio, Ad Age, PR Newswire, @jbenton, @jeffjohnroberts, Variety, New York Times and Talking Biz News

Jim Edwards / Business Insider:

Medium CEO Ev Williams says he will be raising more money; Medium has raised $132M, has 90M MAUs, and publishes 20K articles per day — - Ev Williams needs more money for Medium, which he says is still not profitable. — Medium has received $132 million from investors so far.

Discussion: @rafat, @duanekinsey and @jbenton

Ashley Feinberg / HuffPost:

Leaked audio and screenshots show Axios dismiss criticism after it used a clip of Trump saying he would end birthright citizenship as a promo for its HBO show — “They hate ya cause they ain't ya,” one employee wrote. — Their weekly staff meeting had become a crisis debriefing …

Discussion: Mediaite, @mattdpearce, @lkmcgann, @titivil, @gavinjenkins80, @jackmirkinson, @aleksnotalex, @brandonetc and @jbenton

Stephen Shankland / CNET:

The New York Times is digitizing its 5-7M photo archive using Google AI to recognize text describing the photos and will use Google's storage services — Google's computer brains are helping The New York Times turn a historic archive of more than 5 million photos into digital data that'll appear …

Discussion: Digiday, Nieman Lab and Editor & Publisher, more at Techmeme »

Carmin Chappell / CNBC:

News Corp. reported mixed Q1 results with net income of $128M, up 47% YoY, on $2.52B in revenue, up 23% YoY but shy of estimates of $2.54B; ad revenue fell 7% — - News Corp. reported fiscal first-quarter earnings Wednesday that beat analysts' expectations for earnings but missed on revenue.

Discussion: @npfandos and News Corp

Lauren Feiner / CNBC:

Disney is taking a $157M writedown on its $400M investment in Vice Media; investment in December 2015 reportedly gave Disney 10%, at a valuation of $4B-$4.5B — - Disney wrote in its fourth-quarter earnings report that it plans to write down its investments in Vice Media for $157 million.

Discussion: @pkafka, The Wrap, Financial Times, Business Insider, Variety, Talking Biz News, Deadline, Fast Company and Variety

Michelle Castillo / CNBC:
Disney says its new streaming service will be called Disney+ and will launch in the US in late 2019

Discussion: /Film, The Verge, MediaPost, The Walt Disney Company, /Film, Yahoo! Finance, @backlon, @chillmage, @natjarv, @xpangler, CNN and TV Tattle, more at Techmeme »

Jessica Toonkel / The Information:

Sources: WarnerMedia has approached NBCU about a partnership that would include licensing films or TV shows as it prepares for its new streaming service — AT&T's WarnerMedia has approached Comcast's NBCUniversal to discuss ways of working together, including about licensing films or TV shows …

Discussion: Business Insider, @benmullin and CNBC

Wendy Lee / Los Angeles Times:

YouTube office in Playa Vista's Spruce Goose hangar opens to house office space and productions as part of a plan to build a 450,000-square-foot complex — Google has moved a step closer to transforming the historic Spruce Goose hangar in Playa Vista into a state-of-the-art office and production facility …

Discussion: Los Angeles Times

Shannon Liao / The Verge:

Facebook has quietly released an app for iOS and Android called Lasso, designed to compete with TikTok, that lets users create short videos — The aging social media platform wishes to win teens over — Facebook has quietly released an app called Lasso that lets users create fun short videos designed …

more at Techmeme »

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More News:

Kris Holt / Engadget:
Giphy unveils its short-form video platform and showcases the 118 finalist videos from the first Giphy Film Fest, held earlier this week

Discussion: The Verge, TechCrunch and Engadget, more at Techmeme »

Raphael Satter / Associated Press:
A Saudi dissident was targeted by hackers attempting to access his email by impersonating Jamal Khashoggi and a BBC staffer, including a sham LinkedIn profile

Discussion: Reporters Without Borders and middleeastmonitor.com

Jon Lafayette / Broadcasting & Cable:
E. W. Scripps reports Q3 revenue of $303M, up 51% YoY; political ad revenue reached $140M, up 86% from 2014 midterms

Discussion: MediaPost and PR Newswire

Hollywood Reporter:
Tribune Media reports Q3 net income of $54.1M vs. loss of $18.7M in Q3 2017, revenue up 11% YoY to $498M thanks to growth in retransmission and carriage fees

Discussion: Broadcasting & Cable, Tribune Media Investor …, San Francisco Chronicle and Variety

Gabriel Arana / Columbia Journalism Review:
A look at diversity in US newsrooms after they missed an ASNE goal set in 1979 to match the percentage of minorities in newsrooms with the population by 2000

Discussion: @karenkho

Nielsen Newswire:
Nielsen estimates 36M people watched primetime coverage of the midterm elections, more than in the previous four midterms

South China Morning Post:
Hong Kong denied entry to senior Financial Times journalist Victor Mallet, who tried to enter the city as a visitor after his work visa was refused in October

Discussion: @vjmallet, Hong Kong Free Press HKFP, Al Jazeera English, @keithrichburg and Agence France-Presse

Earlier Picks:

Reuters:
Netflix announces plans to make 17 original productions in Asia including shows in Chinese and Thai as it looks abroad for growth

Dave McNary / Variety:
Lionsgate reports Q2 revenue of $901M, beating estimates, and a net loss of $144.1M due to shareholder litigation; Starz gained 1.3M subscribers in the quarter

Discussion: The Wrap and Investors

David Wood / Houston Chronicle:
A review of 744 Houston Chronicle stories by Mike Ward could not find 44% of the 275 people quoted; The Chronicle will retract eight stories and correct others

Discussion: @chandler_rome, @atompkins, The Wrap, @lomikriel, @mrkmully, @craigsilverman, @rizzotk, @mrglenn, @brianmrosenthal, @mike_hixenbaugh, @lizabio, @charlesornstein, @jdharden, @omackson, @dylanlysen, @alisoncook, @andreazelinski and @shelbywebb

Jim Waterson / The Guardian:
David Attenborough, the legendary BBC broadcaster, will provide the voiceover for Netflix's eight-part series Our Planet, to be released in April

Discussion: Financial Times, Deadline, @scottygb, @mecafolidas, @stevenjbattelle and TVWeek.com

Li Tao / South China Morning Post:
China's Xinhua News Agency launches “composite anchors”, which combine images and voices of human anchors with text via AI tech from internet company Sogou

Discussion: The Verge, CNBC, The A.V. Club, xinhuanet.com, Business Insider, @ahamitbilici, @bcmerchant, @taylorlorenz, Engadget, Mashable, Fast Company, China Money Network and CNET

Kevin Roose / New York Times:
Some experts say Facebook performed well for the midterms, but disinformation and false news still spread fast, requiring outsiders' monitoring and prodding

Discussion: @mantzarlis, Nieman Lab, @politifact, @willoremus, @alexstamos, Poynter, @nymag, @digiphile, @willoremus, @mattyglesias, @mattyglesias, @elephantjournal, @elephantjournal, @josh_emerson and @mat

From Techmeme:

Kif Leswing / CNBC:
Apple says general counsel Kate Adams and policy chief Lisa Jackson will retire, and Jennifer Newstead, Meta's former chief legal officer, will replace Adams

A.J. Vicens / Reuters:
US and Canadian authorities warn that Chinese hackers are using the Brickstorm malware to install backdoor access within unnamed government and IT entities

Mike Isaac / New York Times:
Meta says it is shifting some of its investment from metaverse toward AI glasses and wearables, and “we aren't planning any broader changes than that”

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