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12:00 AM ET, November 5, 2019

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 Top News: 
Matt Canham / Salt Lake Tribune:
IRS approves nonprofit status for Salt Lake Tribune, making it the first legacy paper to make the switch; ownership to be shifted to a public board of directors  —  The Salt Lake Tribune is now a nonprofit, an unprecedented transformation for a legacy U.S. daily that is intended to bolster …
Aaron Calvin / Columbia Journalism Review:
Reporter who was fired after infamous Carson King profile for the Des Moines Register argues Gannett scapegoated him to preserve its bottom line amid backlash  —  During the seven months I worked as a trending-news reporter for the Des Moines Register, it was my job to write about viral news …
Freddy Mayhew / Press Gazette:
BBC says it will establish a new standalone non-profit body to run the Local News Partnership, which will be expanded to cover local councils and NHS trusts  —  The BBC has laid out plans to expand its local democracy reporting service, recruiting new reporters to cover local councils …
George P. Slefo / Ad Age:
Meredith sells the remaining 60% stake in the ad tech company Viant, that it acquired when it bought Time, to Viant's co-founders who owned 40%  —  The news comes roughly two weeks after Roku said it was buying DSP Dataxu  —  Viant has acquired itself from media publishing powerhouse Meredith, the companies said Monday.
Michael J. Socolow / Politico:
Journalists shouldn't use TikTok, as doing so promotes a platform that is relying on its users' ignorance of its history of censorship and privacy invasion  —  Journalists should not be promoting a platform with a documented history of political censorship.
Tim Peterson / Digiday:
Complex Networks, which sells hot sauces in connection to its popular talk show “Hot Ones”, forms Climate, a new division to create products for other companies  —  Complex Networks is often held up as a role model in digital media for its commitment to building franchises that can be multifaceted businesses.
Discussion: @petersontee
Todd Spangler / Variety:
Vice Media's acquisition of Refinery29 has closed; Refinery29's co-CEOs Philippe von Borries and Justin Stefano will no longer be involved in daily management  —  Vice Media Group closed its acquisition of Refinery29 — and Refinery29's co-CEOs and co-founders Philippe von Borries …
Discussion: Deadline, Adweek and The Wrap
Siva Vaidhyanathan / New York Times:
Vetting political ads effectively and consistently at global scale is impossible; Congress should restrict ad targeting to the level of an electoral district  —  It's not about free speech.  —  Siva Vaidhyanathan is a professor of media studies at the University of Virginia.
RELATED:
Cynthia Littleton / Variety:
CBS Interactive President and COO Marc DeBevoise to become CEO, taking over from Jim Lanzone, who is leaving after nine years to join Benchmark Capital  —  CBS Interactive is undergoing a CEO transition as Marc DeBevoise takes the reins from Jim Lanzone, who is leaving after nine years …
István / Kinja Changelog:
G/O Media says it's reevaluating options to maintain Kinja user pages after blowback to an announcement that it would discontinue them and delete content  —  All blogs running on the kinja.com domain will show a notification about the upcoming changes of Kinja user pages.
Jon Allsop / Columbia Journalism Review:
Damning Mueller findings were diluted in part by journalists' obsession with optics, but BuzzFeed and CNN's FOIA win ensures more findings in the years to come  —  In March, after William Barr, the attorney general, released his misleading summary of the Mueller report to Congress …
 
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 More News: 
David Bauder / Associated Press:
Aspiring journalists, learning to be professionals at struggling college papers, are experiencing hardships like those affecting their peers at national pubs
 Earlier Picks: 
 

 
From Techmeme:

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was on May 2020

 
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