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10:45 AM ET, November 10, 2018

Mediagazer

 Top News: 
Alexandra Stevenson / New York Times:
The Philippines says it will charge news site Rappler and founder Maria Ressa for tax evasion; Rappler accuses government of trying to silence critical coverage  —  SHANGHAI — The Philippine government said on Friday that it would charge a veteran journalist and her online news start-up with tax evasion …
Wall Street Journal:
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
Douglas MacMillan / Wall Street Journal:
Pew: of 4,500 US adults, 34% regularly let their child watch YouTube, with 47% saying they do occasionally; 61% say their kids encountered unsuitable videos  —  Survey shows that most parents let their children watch the Google-owned video site, amid concern it is profiting from advertisements targeting minors
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 …
Sara Fischer / Axios:
MoffettNathanson data shows 1M+ people cancelled cable and satellite TV packages last quarter but ~75% of households still pay for traditional TV, per Nielsen  —  More than 1 million people ditched their cable and satellite TV packages last quarter, the most ever in a quarterly earnings period …
Discussion: Gizmodo and BGR
Washington Post:
Turkish President says an audio recording of the dying moments of journalist Jamal Khashoggi has been shared with US, Saudi Arabia, Britain, France, and Germany  —  ANKARA — An audio recording tracking the dying moments of journalist Jamal Khashoggi inside the Saudi Consulate in Istanbul …
RELATED:
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 …
Stephen Shankland / CNET:
The New York Times is digitizing its 5M-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 …
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.
Alexandra Bruell / Wall Street Journal:
Post-GDPR, some brands are pushing ad agencies to take more responsibility for data breaches, asking agencies to agree to pay fines in case of a breach  —  The risk of millions of dollars in fines adds a new flashpoint to brands' relations with shops  —  New data privacy rules are pushing marketers …
Discussion: @robnorman
 
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 More News: 
Knight Foundation:
Knight Foundation awards the International Center for Journalists a $5M grant over five years for the ICFJ Knight Fellowships program
Jelter Meers / OCCRP:
Romania threatens to fine investigative non-profit RISE Project €650/day and up to €20M unless it reveals corruption investigation sources, citing GDPR
Discussion: Romania Insider and OCCRP
Jeremy Barr / Hollywood Reporter:
Trump says “it could be others also” when asked how long Acosta will be suspended
Discussion: Variety, TVNewser and Mediaite
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, MediaPost and PR Newswire
 Earlier Picks: 
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
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
Discussion: Los Angeles Times
 

 
From Techmeme:

Kate Rooney / CNBC:
Garry Tan says ~80% of YC's W25 batch is AI focused, and the cohort is growing significantly faster than past ones, with actual revenue, thanks to “vibe coding”

Bloomberg:
Baidu releases Ernie X1, an AI model that articulates its reasoning similarly to DeepSeek R1, and upgrades its flagship foundation model to Ernie 4.5, both free

Catherine Thorbecke / Bloomberg:
The hype around AI agent Manus doesn't represent a second DeepSeek moment, but reveals that Chinese startups can compete with AI product companies in the US
 
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