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7:50 AM ET, April 15, 2020

Mediagazer

 Top News: 
Freddy Mayhew / Press Gazette:
Google News Initiative launches The Journalism Emergency Relief Fund to aid small and medium-sized local news publishers globally  —  Google has launched a global emergency relief fund for local news publishers to help them during the coronavirus (Covid-19) downturn.
RELATED:
Anthony Ha / TechCrunch:
Stanford and Google News Initiative launch tool that lets journalists embed up-to-date maps of US COVID-19 cases per 100,000 people, using NYT county-level data  —  Stanford University's Big Local News and Pitch Interactive projects, along with the Google News Initiative …
Kali Hays / WWD:
Memo: LA Times is furloughing some non-union, business-side employees up to 16 weeks, and some editorial staff and managers will get pay cuts from 5% to 15%  —  A company executive told staff that the coronavirus has caused an “unprecedented” decline in revenue for the paper.
Kerry Flynn / CNN:
Memo: Valence Media lays off staff, cuts pay due to COVID-19 and as part of revamping at Hollywood Reporter, Billboard, Vibe; source: media unit lost 100+ jobs  —  New York (CNN Business)The media industry continues to see widespread cuts as Valence Media slashes jobs across several of its brands …
Annie Palmer / CNBC:
Amazon will cut commission rates for its affiliate program starting April 21; amount of drop dependent on category, rates for grocery products dropping 5% to 1%  —  - Amazon on Tuesday told members of its affiliates program that it will cut commission rates beginning April 21.
Ben Jacobs / New York Magazine:
WH press corps reporters discuss risking their health to attend daily press briefings that have provided the most direct access to the president in modern times  —  The White House briefing room is a low-ceilinged claustrophobic space.  Built on top of a swimming pool where Franklin Delano …
Todd Spangler / Variety:
NBCUniversal's ad-supported Peacock Premium tier launches for Xfinity X1 and Flex customers on Wednesday; the bulk of Peacock's originals are delayed until 2021  —  NBCUniversal's Peacock is ready to start rolling out to Comcast cable customers starting this week as scheduled …
Joshua Benton / Nieman Lab:
Taboola, Parse.ly, Chartbeat data: COVID-19 traffic to news sites peaked in mid-March and traffic has now gone down, though it remains higher than average  —  Audience numbers now look more like a standard busy news week than a global pandemic that's captured the world's attention.
Taylor Lorenz / New York Times:
Amid the pandemic, demand for newsletters, Instagram accounts, and YouTube channels focused on good news has grown, from NatGeo to Upworthy  —  The coronavirus pandemic has driven interest in uplifting headlines way, way up.  —  Though it can be hard to see past the daily deluge of devastating headlines …
Paul Karp / The Guardian:
Australia suspends local content obligations, waives spectrum tax for TV and radio, and will invest A$50M in regional journalism, of which A$13.4M is new money  —  Communications minister Paul Fletcher announces tax waiver for TV and radio, and new money for regional journalism
Zoe Schiffer / The Verge:
Medium's opaque moderation of user-created content related to COVID-19 has allowed misinfo to spread, making it harder to tell fact from fiction on the platform  —  The platform empowers voices — and misinformation  —  On March 20th, an article about the novel coronavirus started to spread.
Greg Dool / Folio:
Modern Luxury Media, publisher of 40+ regional magazines, is furloughing staff and suspending some executive pay through June, aiming to avoid permanent cuts  —  Modern Luxury Media, publisher of more than 40 high-end regional lifestyle magazines, has furloughed a significant number …
 
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 More News: 
J. Clara Chan / The Wrap:
Fortune magazine lays off 35 employees globally, or about 10% of its staff, and cuts CEO pay 50% and executive team pay about 30%
Discussion: Talking Biz News
The Guardian:
The UK-based Daily Telegraph stops publishing its long-running China Watch section, which was funded by China Daily and written by Chinese state journalists
 Earlier Picks: 
Rebecca Rubin / Variety:
Universal says Trolls World Tour had the biggest opening day and weekend for a digital title, generating around ten times what the next largest VOD release had
Tamar Lapin / New York Post:
On SiriusXM, CNN's Chris Cuomo says his COVID-19 case made him question his public figure role, rethink values: “I don't value indulging ... hyper-partisanship”
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Bob Van Voris / Bloomberg:
US prosecutors charge two founders of Samourai Wallet, saying the crypto mixing service facilitated more than $100M in money laundering transactions

 
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