Top News:
@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.
Discussion:
First Draft, @ryangrim, @donie, @muckrakery, @heerjeet, @jalter, Washington Post, @jalter and @davegillis, more at Techmeme »
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:
Fast Company, @willoremus, New York Times, Axios, CNBC, The Big Lead, @alexstamos, @chrizap, @internetryan, @dobbln, @alexstamos 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:
@drewmagary, @maxwelltani, @laurawags, @toley88, @gmgunion, The Outline, @jillian_schulz, @mckinneykelsey, Deadline, @madbastardsall, The Wrap, @kylenw, Poynter, @wesleylowery, @arayyay, @sopandeb, @dellcam, @adrianchen, @dianamoskovitz, @pablotorre, The Daily Beast, @patrickklepek, @albertburneko, Sports Illustrated, @theisen95, @k_trendacosta, @ositanwanevu, @yc, @lalpert1, @kashhill, @dcwoodruff, @patrick_wyman, @lindseyadler, @alyssabereznak, @anthony, @cliomiso, @yc, @sstirling, @itsa_talia, @mikefromwoburn, @theisen95, @ashleyfeinberg, @jamilahlemieux, @ositanwanevu, @ashleyfeinberg, @amandamull, @espiers, @stacycowley, @andytarnoff, @rumorsandrants, @jasongay, @megreenwell, @slasher, @jonbernhardt, @bubbaprog, @thedailybeast, @outline, @kerrymflynn, @hamiltonnolan, @blakeaued, @alanamassey, @megreenwell, @markmaxwelltv, @hayesbrown, @emorwee, @genepark, @steven_hyden, @nytmedia, @emmabaccellieri, @samfbiddle, @gideonresnick, @scottwamplerbmd, @megreenwell, @caseyjohnston, @jay_jaffe, TechCrunch, ABC17NEWS, The Wrap, Mediaite and New York Post
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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:
New Republic, @gmgunion, @megreenwell, @thedevthomas, @nona, @aherman2006, @bmorrissey, @libbycwatson, @megancarpentier and @ryanlcooper
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 …
Discussion:
@barry, @bradinage42, @redford, Slate, The Nation, @jakemhs, @byalexzaragoza, @seth_rosenthal, @davidmackau, @futterish, @kateconger, @chrisgayomali, New York Daily News and Washington Post
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 »
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
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 …
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:
@robertmmahoney, @jim_edwards and @suzannenossel
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, Politico, Mediaite, mailchi.mp, @cbsnewspress, @davidfolkenflik, @jmhaigh and @greta
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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Benjamin Mayo / 9to5Mac:
Student subscribers to Apple Music, which costs $4.99 per month, will get Apple TV+ at no extra charge
Student subscribers to Apple Music, which costs $4.99 per month, will get Apple TV+ at no extra charge
Discussion:
TechCrunch, CNET and Complete Music Update