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@jack:
[Thread] Twitter will stop accepting all political advertising on its platform globally starting November 22 — We've made the decision to stop all political advertising on Twitter globally. We believe political message reach should be earned, not bought. Why? A few reasons...🧵
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Josh Constine / TechCrunch:
In an earnings call, Mark Zuckerberg defends Facebook's political ads policy, estimates ads from politicians will be less than 0.5% of company's revenue in 2020 — As Jack Dorsey announced his company Twitter would drop all political ads, Facebook CEO Zuckerberg doubled-down on his policy of refusing to fact check politicians' ads.
Emily Stewart / Vox:
Jack Dorsey's announcement that Twitter will cut out political ads increases the pressure for Facebook and Mark Zuckerberg to follow suit — Twitter CEO Jack Dorsey announced his company is no longer going to allow political advertising on its platform. David Becker / Getty Images
Discussion:
@donie, Axios, @willoremus, @patrickklepek, The Big Lead, @alexstamos, @chrizap, @internetryan, @dobbln, @alexstamos, CNBC and The Daily Beast, more at Techmeme »
Maxwell Tani / The Daily Beast:
Sources: following public criticism of autoplay ads from G/O Media's editorial team, Farmers Insurance Group has pulled an ad deal, reportedly worth $1M+ — The ads were axed after G/O Media staffers at Deadspin and other sites spoke out against irritating autoplay ads …
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Sahil Patel / Wall Street Journal:
Sources: G/O Media decided to autoplay ads from Farmers Insurance Group after missing targets for a deal that required 43.5M impressions through September 2020 — Management and staff battle over ad strategies and editorial edicts — The publisher of the former Gawker Media websites …
Discussion:
The Outline, @madbastardsall, @kylenw, @dianamoskovitz, @adrianchen, The Daily Beast, New Republic, @redford, @bmorrissey, @libbycwatson, @megancarpentier, @ryanlcooper and ABC17NEWS
Reuters:
Thomson Reuters beats Q3 expectations with profit of $262M, up 51% YoY, on revenue of $1.41B, up 10% YoY, thanks to revenue paid by Refinitiv to Reuters News — NEW YORK (Reuters) - Thomson Reuters Corp (TRI.N) (TRI.TO), parent of the Reuters News agency, reported higher …
Discussion:
Thomson Reuters
New York Times:
NBC News Digital employees say they are forming a union of 150 workers with the News Guild of New York, driven partly by the network's handling of misconduct — Employees of NBC's digital news division announced on Wednesday that they intend to form a union representing about 150 workers …
Discussion:
@sensanders, @tedonprivacy, @mlcalderone, @philmccausland, @laurenkgurley, @_aliwithers, @irin, @jeremymbarr, @jimwindolf, @benmullin, CNN, HuffPost, The Week, The Hill, The Daily Caller and TVNewser
Brian Steinberg / Variety:
Catherine Herridge is leaving Fox News, where she's worked since 1996, for CBS News: “I feel privileged to join a team where facts ... will always matter” — Catherine Herridge, a Fox News Channel veteran who has been with that network since it was founded in 1996, is moving to rival CBS News.
Discussion:
@hadas_gold, Politico, Mediaite, mailchi.mp, @cbsnewspress, @davidfolkenflik, @jmhaigh and @greta
Scott Roxborough / Hollywood Reporter:
Netflix will lease more space in Amsterdam for its Europe, Middle East, and Africa headquarters, adding room that can accommodate about 800 employees — The streaming giant is leasing more than 95,000 square feet of additional office space for its Europe, Mid-East and African operations …
Discussion:
Digital TV Europe and Variety
Richard Stengel / Washington Post:
States should experiment with hate speech statutes given that the idea that underpins the First Amendment, that the truth will out, no longer holds — Richard Stengel, a former editor of Time, is the author of “Information Wars” and was the State Department's undersecretary for public diplomacy and public affairs from 2013 to 2016.
Discussion:
@robertmmahoney, @jim_edwards, @suzannenossel, The Daily Caller and Reason
BBC:
Facebook agrees to pay a £500K fine to the UK for its role in the Cambridge Analytica scandal but makes no admission of liability — Facebook has agreed to pay a £500,000 fine imposed by the UK's data protection watchdog for its role in the Cambridge Analytica scandal.
Discussion:
Press Gazette, Data & Society, @mathewi, Reuters, VentureBeat and CNBC, more at Techmeme »
Travis Clark / Business Insider:
Apple TV+ will be the cheapest streaming platform at $4.99/month at launch, but it's a tough sell with just four shows now and no licensed content library — - Apple TV Plus launches on Friday for $4.99 a month with only four original shows and no library of licensed content.
Discussion:
@nmcalone and @travclark2
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The Information:
Sources: Walmart is considering selling Vudu, its 15-year-old on-demand video service that lets people rent or buy individual shows or movies — Walmart is considering selling its 15-year old Vudu on-demand video service, say people familiar with the situation, a sign of how the digital video business …
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Engadget, @amir, The Streamable, Hollywood Reporter and Cord Cutters News
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