Top News:
Tony Romm / Washington Post:
FTC announces a $5B fine against Facebook for repeated privacy violations as part of a settlement that requires federal oversight of its business practices — The settlement between the Federal Trade Commission and Facebook ends a 16-month probe that began after revelations of the tech giant's entanglement with Cambridge Analytica
Discussion:
@ashk4n, Facebook, Mark Zuckerberg, Bloomberg, Federal Trade Commission, @alexstamos, VentureBeat, @chopraftc, @chopraftc, Slate, Techdirt, NBC News, Bloomberg, Vox, Variety, Facebook, Bloomberg, @alexstamos, Reuters, @sarahfrier, @markseibel, @eff, @chopraftc, @privacymatters, @reckless, @rashadrobinson, @moonalice, @pkafka, @kottke, Wired, @pkafka, @ashk4n, @reckless, @mikeisaac, @joesimonsftc, @daviduberti, @nickconfessore, @leakissner, @pkafka, Boing Boing and Vox, more at Techmeme »
Todd Spangler / Variety:
AT&T Q2: 778K net loss in DirecTV, U-verse customers; 168K net DirecTV Now subscriber loss; WarnerMedia revenue up 5.5% YoY to $8.35B, operating income up 10.3% — WarnerMedia was AT&T's fastest-growing division in the second quarter of 2019. But the telco showed ongoing signs of trouble …
Discussion:
The Wrap, @whatthebit, MediaPost, @lucas_shaw, @xpangler, AdExchanger, Multichannel News, Fast Company, Broadcasting & Cable, CNET, Deadline, The Streamable, Deadline, Reuters and The Wrap
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Daisuke Wakabayashi / New York Times:
Alphabet lumps YouTube's revenue with Google's in filings, making insights hard to come by, though YouTube's annual revenue is likely $16B-$25B, topping Netflix — YouTube probably generates $16 billion to $25 billion in annual revenue, making the video service big enough to crack the top half of the Fortune 500.
Discussion:
@puiwingtam and @nytimesbusiness, more at Techmeme »
Washington Post:
The Washington Post establishes a computational political journalism R&D lab to augment its campaign 2020 coverage — The Washington Post's newly launched elections engineering team will establish a computational political journalism R&D lab in the newsroom this fall.
Discussion:
@megdunk, @tylrfishr, @jeremybowers, @fexi, @danieltrielli and @jeremybowers
David Bauder / Associated Press:
NowThis has attracted attention by creating pointed media criticism with videos illustrating inconsistencies by Fox News personalities — NEW YORK (AP) — Some of the day's most pointed media criticism lets its subjects do the talking. — The news outlet NowThis has attracted attention …
Maria Bustillos / Columbia Journalism Review:
After Mueller's testimony, NBC's Chuck Todd showed a basic misunderstanding of the requirements of his job, critiquing “optics” of the testimony, not substance — After former Special Counsel Robert Mueller' testified before the House Judiciary Committee this morning …
Alex Kantrowitz / BuzzFeed News:
Interviews, including with the dev who led the team behind the retweet button, discuss the power of retweets to drive extreme content and spread misinformation — Developer Chris Wetherell built Twitter's retweet button. And he regrets what he did to this day.
Discussion:
@kantrowitz, @katiebakes, @eli_schiff, @noupside, @ericajoy, 9to5Mac, Gizmodo and The Hill
Janko Rottgers / Variety:
Amazon launches a dedicated Prime Video VR app, available for Oculus Go, Quest, and Samsung Gear VR headsets in the US and UK — Oculus VR headset users just got one more video service to watch in their virtual living rooms: Amazon's Prime Video service went live on Oculus Go …
Discussion:
Oculus, VentureBeat and Engadget, more at Techmeme »
Kyle Bessey / Journalism.co.uk:
Journalists' unique use of social media exacerbates all its negative psychological effects, which can lead to mental health problems — Social presence is no longer a hobby, it is a journalism skill. So if cancelling all your accounts is not an option, what else can you do to stay safe and sane online?
Clare Duffy / CNN:
Snap adds 13M DAUs in Q2, attributes growth to exclusive Discover content with 35% YoY increase in daily Discover users and total daily time spent on it up 60% — New York (CNN Business)Snapchat has the makings of a comeback story. — Snapchat (SNAP) added 13 million daily users …
Discussion:
Business Wire, The Wrap, The Verge, Observer, Axios, @benjamincohen and Marketing Land
Bijan Stephen / The Verge:
As streaming offerings get more expensive and convoluted, people are setting up their own platforms via Plex servers to share media, including pirated content — Have you heard about the best new streaming platform on the internet? It's totally customizable, works on any device, and, best of all, is basically free.
Discussion:
@mgsiegler, @jason_a_w, @ryanlcooper, @carnage4life, @videograndpa and @withinrafael
Barry Levine / Marketing Dive:
Staples launches a quarterly print and digital magazine, Staples Worklife, as part of a brand refresh and lifestyle marketing push — - Staples launched a quarterly magazine for sparking conversation and provide resources for professionals who see their work “as more than just a job,” according to a press release.
Discussion:
Talking Biz News, @nwquah, @staples, Dealerscope, Chain Store Age and MediaPost
Nancy Cook / Politico:
Unlike her predecessors, Trump's new Press Secretary Stephanie Grisham has remained mostly silent to the public, playing a behind-the-scenes role — In one of the most fiery months of the Trump presidency, the new press secretary has had very little to say.
Discussion:
@politico, @dandrezner, @ericboehlert, @politico and @brianstelter
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