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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...🧵
Discussion:
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Casey Newton / The Interface:
Twitter's political ad ban will run into enforcement issues on defining issue ads and possibly disadvantage lesser-known or nontraditional candidates — If you've ever wondered about the value of having multiple social networks competing to develop the best products and policies, Wednesday offered us a clear example.
Kevin Webb / Business Insider:
Campbell Brown's defense of Facebook not fact-checking political ads: “It should be the role of the press to dissect the truth or lies found in political ads” — - Campbell Brown, Facebook's Head of News Partnership, said she was “astonished” by the media's response …
Discussion:
Campbell Brown, Talking Biz News, CNN, @dicktofel, @campbell_brown, @jonesonthenba, @tomgara, @muldowney, @slpng_giants, @digiphile, @gavinsblog, @oneunderscore__, @glennf and @jason_kint
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
Discussion:
Washington Post, The Drum, @willoremus, Fast Company, Axios, @alexstamos, New York Times, @alexstamos, @chrizap, @dobbln, @internetryan, The Big Lead and CNBC, more at Techmeme »
Marc Tracy / New York Times:
In a revolt at Deadspin after the firing of top editor Barry Petchesky, at least 8 journalists resigned Wednesday; 6 of 10 staff writers quit in the past week — On Monday, the journalists at the freewheeling website Deadspin were instructed by its owners to stick to sports.
Discussion:
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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:
CNN, @hadas_gold, Mediaite, Politico, Breitbart, mailchi.mp, Talking Points Memo, @amy_siskind, @cbsnewspress, Mediaite, @davidfolkenflik, @jmhaigh and @greta
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:
Talking Biz News and Thomson Reuters
Tony Maglio / The Wrap:
AMC Networks beats Q3 expectations with net income of $117M, up from $111M in Q3 2018, on revenue of $718.6M, up 3.1% YoY; ad revenue fell $2.6% to $194M — Aided by income tax cuts, AMC Networks reported better-than-expected Q3 earnings on Thursday, but the company whiffed on revenue estimates as domestic ad sales declined.
Discussion:
Broadcasting & Cable, Variety, MediaPost and AMC Networks Inc.
Crunchbase:
Crunchbase, which aggregates and provides business information on public and private companies, raises $30M Series C led by Omers Ventures — We are excited to share that Crunchbase just closed a $30 million dollar Series C funding round led by OMERS Ventures.
Discussion:
TechCrunch and VentureBeat, more at Techmeme »
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 …
Al Jazeera:
Reporters Without Borders condemns Pakistani directive ordering TV channels not to allow anchors to express opinions and only invite “unbiased” analysts — Reporters Without Borders says regulatory body's ‘draconian’ orders for TV anchors violate journalistic independence.
Charlotte Tobitt / Press Gazette:
The Ozone Project, the digital ad sales venture by News UK, Reach, the Guardian, the Telegraph, and others, says it reaches 99% of the UK's online population — Stylist Group has joined the advertising platform jointly owned by four national newspaper publishers.
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:
The Atlantic, @robertmmahoney, @jim_edwards and @suzannenossel
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