Mediagazer: Lead Stories, a Facebook fact-checking partner, to propose that political ads be fact-checked by Facebook partners, with a nonpartisan panel reviewing results (Donie O'Sullivan/CNN)

4:00 PM ET, October 31, 2019

Top News:

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, CNN, @dicktofel, Talking Biz News, @campbell_brown, Breitbart, @tomgara, @muldowney, @jonesonthenba, @slpng_giants, @digiphile, @gavinsblog, @oneunderscore__, @glennf and @jason_kint

@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: @jack, @jack, New York Times, New York Times, @nxthompson, @jack, Axios, @jack, @jack, @aoc, Variety, Slate, The Wrap, Breitbart, The Outline, Tubefilter, Reason, NBC News, CBS News, Bloomberg, Business Insider, Washington Post, BBC, Bloomberg, @jack, Associated Press, MIT Technology Review, CNET, VICE, Vanity Fair, Facebook, The Independent, @pardesoteric, @esaagar, BetaNews, @maggieseverns, Econsultancy, The Daily Caller, MediaNama, @ryangrim, Hyperallergic, Engadget, @tanyaocarroll, @aaronhuertas, Fast Company, @chrismessina, @nickgillespie, The Verge, @rosenbergerlm, @nomikikonst, Talking Biz News, @kristenclarkejd, Inquirer, Shelly Palmer, The Week, Inc42 Media, @hillaryclinton, @tbskyen, AdExchanger, @jack, @athertonkd, @armandondk, @manvsgame, @derekwillis, @derekwillis, @logandobson, @nickconfessore, @andyrockcandy, @chillmage, @kellymakena, @mathewi, @shiraovide, @carolecadwalla, @oneunderscore__, @jimwaterson, @brianstelter, @thegarance, @truefactsstated, @angryblacklady, @priaribi, @kurtwagner8, @mathewi, @mathewi, @donie, @govhowarddean, @slpng_giants and @mollyjongfast, more at Techmeme »

Margaret Sullivan / Washington Post:

It was heartening to see Twitter CEO Jack Dorsey cut out a part of his business that he realizes he can't control — It's always hazardous to ascribe motivations of altruism to a tech titan. — They are driven by many things — mostly money, power and avoiding regulation …

Discussion: @bandylaube, @mollyjongfast, @anandwrites, @chanders, Business Insider, Fast Company and New York Times

Donie O'Sullivan / CNN:
Lead Stories, a Facebook fact-checking partner, to propose that political ads be fact-checked by Facebook partners, with a nonpartisan panel reviewing results

Discussion: @donie, @profcarroll, @donie and MediaNama

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

Discussion: MediaPost, Mark Zuckerberg, Breitbart, @brendannyhan, The Drum, AdExchanger, @fabiochiusi, @jbenton, @mikeisaac, @mollywood, @lanctot and @joshconstine, more at Techmeme »

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: Out Magazine, Washington Post, CNBC, @willoremus, @alexstamos, Axios, @alexstamos, @chrizap, New York Times, @dobbln and @internetryan, 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: @maxwelltani, New Republic, @drewmagary, @toley88, @maxwelltani, @laurawags, @gmgunion, The Outline, @barry, @jillian_schulz, The Ringer, @mckinneykelsey, HuffPost, @david_j_roth, Ad Age, @madbastardsall, @barry, @dellcam, @kylenw, @wesleylowery, @sopandeb, @arayyay, @adrianchen, @dianamoskovitz, Bloomberg, Fox News, @pablotorre, @stefanfatsis, @bypatrickgeorge, @kathbarbadoro, New York Post, @redford, @patrickklepek, @maxwelltani, Variety, @onionincunion, Deadline, @albertburneko, The Daily Beast, @johnmoe, @k_trendacosta, @ositanwanevu, @yc, The Nation, Sports Illustrated, @alyssabereznak, @mikelikessports, @yc, @sstirling, @ositanwanevu, @espiers, @megreenwell, @bubbaprog, @kerrymflynn, @alanamassey, @donttrythis, @markmaxwelltv, @genepark, @emmabaccellieri, @lalpert1, @nytmedia, @slasher, @amandamull, @stacycowley, @kashhill, @blakeaued, @steven_hyden, @gideonresnick, @anthony, @kerrymflynn, @samfbiddle, @scottwamplerbmd, @cliomiso, @itsa_talia, @thedailybeast, @megreenwell, @jasongay, @jay_jaffe, @jonbernhardt, @theisen95, @patrick_wyman, @lindseyadler, @hayesbrown, @caseyjohnston, @dcwoodruff, @emorwee, @andytarnoff, @theisen95, @rumorsandrants, @mikefromwoburn, @jamilahlemieux, @megreenwell, @outline, @ashleyfeinberg, @hamiltonnolan and @ashleyfeinberg

Drew Magary:

Drew Magary, “cheerfully profane sports blogger at-large”, resigns from Deadspin — I resigned from Deadspin today. No more Funbag questions. No more Jamboroos. No more telling you why your team, and your children's television program, and the St. Louis Cardinals, and Christmas catalogs, and mayonnaise all suck.

Discussion: @tvoti, @barry, @ianfroeb, @clairelizzie, @adamweinstein, @david_j_roth, @bobbybigwheel, @drewmagary, @kerrymflynn, @hayleighcolombo, @megreenwell and The Wrap

Kelly Tyko / USA Today:

Gannett and New Media announce members of a board for the combined company after their proposed merger, led by New Media CEO and chairman Michael Reed — Gannett and New Media Investment Group Inc. announced on Tuesday who is expected to sit on the combined company's board of directors following …

Discussion: @jeffjarvis, @apantazi and American Press Institute

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, CNN, Politico, Mediaite, mailchi.mp, @cbsnewspress, Talking Points Memo, Breitbart, @amy_siskind, @davidfolkenflik, @jmhaigh, Mediaite and @greta

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, The Streamable, Variety, MediaPost and AMC Networks Inc.

Lucinda Southern / Digiday:

Amazon is rolling out its Onsite Associates Program in Europe, starting in the UK; publishers add their product reviews on Amazon for a cut of the purchase — Amazon has been rolling out its invite-only Onsite Associates Program in Europe. The program consists of product-buying guides created by affiliate publishers on the platform.

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 and Talking Biz News

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 »