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12:40 PM ET, August 1, 2019

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 Top News: 
Joshua Benton / Nieman Lab:
The LAT's disappointing digital subscriber numbers attest to the importance of subscriber retention, which the paper should invest in like the NYT has  —  When Patrick Soon-Shiong bought the Los Angeles Times out of its tronckian purgatory last year, it was an occasion to consider where it sat …
Matthew Kassel / Columbia Journalism Review:
Seventeen journalists discuss “aha” moments that changed the way they thought about their work  —  Between 2013 and 2016, I worked as a reporter for The New York Observer.  It was my first full-time job in journalism, there was little oversight, and I had no assigned beat.
Discussion: @xpatriciah
Keith J. Kelly / New York Post:
Nylon EIC Gabrielle Korn is stepping down following the title's acquisition by Bustle; Bustle Digital EIC Emma Rosenblum will be interim editor  —  There's even more churn at Bryan Goldberg's Bustle as Nylon Editor-in-Chief Gabrielle Korn is exiting after five years, Media Ink has learned.
Patricia Nilsson / Financial Times:
Ofcom gives BBC approval to make its content available on iPlayer for a year or more, scrapping the previous 30-day limit, to help compete against Netflix  —  The UK media regulator has given permission for the BBC to transform its iPlayer from a catch-up service into a Netflix-style streaming platform …
Discussion: BBC, more at Techmeme »
Javier C. Hernández / New York Times:
Profile of Hu Xijin, the influential and hawkish EIC of China's Global Times, a Fox News-like tabloid, with 2M print readers and 30M monthly online visitors  —  BEIJING — Inside a bustling, 700-person newsroom in downtown Beijing, Hu Xijin leads a 24-hour propaganda machine that some media scholars call China's Fox News.
Discussion: @niubi
Reuters:
Thomson Reuters Q2: $1.42B in revenue, up 9% YoY; it and Blackstone-affiliated funds have sold Bloomberg rival Refinitiv to the London Stock Exchange for ~$27B  —  Thomson Reuters Corp on Thursday reported a 9% rise in quarterly sales compared to the same period a year ago, while also raising its forecasts for the next two years.
Discussion: CNN and The Guardian
Kaitlyn Tiffany / Vox:
A look at FairTube, an 18,000-strong union-like organization by YouTube creators seeking greater transparency and a bigger voice in the platform's policies  —  Yes, and no. They at least have the support of a really big one.  —  YouTubers are unionizing — kind of.
 
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 More News: 
University of Birmingham:
Researchers find WhatsApp was used both to spread fake news and to strengthen accountability and promote inclusion around Nigeria's 2019 elections
Discussion: CDD
Sara Jerde / Adweek:
Bloomberg says subscribers are spending between four and five hours a day watching BloombergTV+, now available in HD and 4K, on Bloomberg.com
Discussion: @swanniontv
 Earlier Picks: 
Margaret Sullivan / Washington Post:
CNN's first debate, featuring divisive questions, frustratingly short response times, and outsize attention to fringe candidates, was a lost opportunity
Laura Hazard Owen / Nieman Lab:
After six months fact-checking for Facebook, Full Fact makes 10 recommendations, including expanding the program to Instagram, enlisting help on public health
Tim Ingham / Music Business Worldwide:
Spotify reports 108M paying subscribers in Q2, up 31% YoY, and an operating loss of €3M on revenue of €1.67B, up 31% YoY; stock drops 5%+
Erik Wemple / Washington Post:
Deadspin, owned by G/O Media, is planning a story on company CEO Jim Spanfeller; Spanfeller reacts publicly with plans for an outside editor to review the story
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Pornhub, Stripchat, and XVideos will have to comply with additional obligations, such as submitting risk assessment reports, under the EU DSA starting next week

 
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