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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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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
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