Top News:
Jeffrey A. Trachtenberg / Wall Street Journal:
Memo: Condé Nast will lay off about 100 US employees, with a similar number temporarily furloughed and a small number of staff getting reduced work schedules — Similar number to be temporarily furloughed as advertising slowdown takes a bite — Condé Nast …
Discussion:
The Wrap, @parismartineau, Folio, Mediaite, Adweek, @maxwelltani, @jessiwrites, @mathewi, @edmundlee, @edmundlee, @edmundlee and @jeffreyt1
Max Willens / Digiday:
Sources: Apple is asking the publishers participating in Apple News+ for permission to produce audio versions of stories, with Apple handling production costs — Apple News+ is pivoting to audio. — Over the past several months, Apple has been asking the publishers participating …
Brian Stelter / CNN:
A Fox Corp memo extends the company's work from home directive through June 15, as Fox News stars echo Trump's call to “reopen the country” — New York (CNN Business)A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here.
Discussion:
@brianstelter, @poniewozik, The Wrap and MediaPost
Bloomberg:
Sources: Luminary Media raised $30M+ at a level below last year's $200M valuation, bringing its total raised to $160M, and is seeking more funding — - Startup raises more than $30 million in round, looks for more — Luminary Media, the money-losing podcasting startup …
Discussion:
@lucas_shaw, @barondavis, @mikerugnetta, @lucas_shaw, @pkafka and @thekendallbaker
Paul Kiel / ProPublica:
ProPublica, WaPo, Bloomberg, NYT, and Dow Jones have sued the Small Business Administration over its refusal to release details about who received PPP loans — The Small Business Administration, which is administering the lending program, has said it will disclose the names of companies that got loans — just not yet.
Casey Newton / The Verge:
Facebook will pay $52M in a settlement covering 11,250 content moderators as compensation for mental health issues developed on the job — Current and former moderators will all be paid a minimum of $1,000 — In a landmark acknowledgment of the toll that content moderation takes on its workforce …
Discussion:
TechCrunch, MediaPost, @mmasnick, Wired, TechCrunch, Variety, ZDNet, @anujsrivas, Forbes, Ad Age, New York Times, Protocol, @raju, @solometibebu, @fredabrahams, The Verge, @akmercog, @joeleogue, @paul__armstrong, @j_k9, @cengizyar, @joeleogue, @harriszainul, @jason_kint, @kirabira, Boing Boing, The Guardian, Axios, CNET, The Wrap, The Week, Gizmodo and Business Insider, more at Techmeme »
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Nick Statt / The Verge:
Facebook says it took action on 9.6M pieces of hate speech content in Q1, up by 3.6M, and AI now proactively detects 88.8% of it, up from 80.2% last quarter
Discussion:
Adweek, MIT Technology Review, TechRadar.com, Facebook AI, Fast Company, About Facebook, About Facebook, CNET and VentureBeat, more at Techmeme »
Tim Warsinskey / Plain Dealer:
Cleveland.com will now produce all content for The Plain Dealer, 4 remaining Plain Dealer reporters have job offers at cleveland.com; union to be dissolved — CLEVELAND, Ohio — The reality and challenge of being a journalist these days is covering change while being part of change.
Discussion:
@pdnewsguild, WEWS, Columbia Journalism Review, Talking Biz News, American Press Institute, @brynstole, @sulliview, Poynter, @jcrutchmer, @alpertdc, @terrymetterjr, @jbenton, @newsguild, @kevinpurdy, @mattdpearce, @twkovach, @jpelzer, @clevelanddotcom, @tony_ganzer, @ericwobser, @clevelynnish, @buffaloguild, @racheldissell, @markpuente, @jgrzelewski and @media_evan
Bijan Stephen / The Verge:
Reports: live-streaming grew 45% between March and April, and 99% YoY; Twitch saw the highest growth, as hours watched rose 50% from March to April and 101% YoY — Every platform grew, but Twitch is still the biggest — We finally have numbers to back up the wild view counts we've seen …
Justin Baragona / The Daily Beast:
Fox News has launched a new series called COVID Contrarian on Fox Nation with notorious coronavirus skeptic and one-time NYT reporter Alex Berenson — Public-health experts have taken issue with the former reporter's militantly contrarian takes on the pandemic, but he's found a home in the right-wing media ecosystem.
Discussion:
@mollyjongfast, @noahshachtman, @justinbaragona, @thedailybeast and @oliverdarcy
Katie Roof / Bloomberg:
Morning Consult, the market research startup founded in 2014, raises $31M Series A from James Murdoch's Lupa Systems and others, at a valuation of $306M — - Murdoch's Lupa Systems backs market research firm with funding — Company raised $31 million valuing it at $306 million
Discussion:
The Media Nut
Washington Post:
Trump's “ask China” answer to a question by CBS' Weijia Jiang shocked listeners and fit his pattern of suggesting reporters have loyalties based on ethnicity — President Trump has a long history of using the bully pulpit to take jabs at reporters.
Discussion:
Vanity Fair, The Nation, @tracyjan, Vox, @jinkding, @eugene_scott, The Federalist, @ericboehlert, @ericboehlert, @sulliview, @jayrosen_nyu, The Week and Letters from an American
Katie Kilkenny / Hollywood Reporter:
People's digital team announces its intention to form a union with the NewsGuild, joining its print division, which unionized in the 1970s — Ninety-six percent of the brand's digital group employees nationwide who are eligible have signed cards indicating their interest in organizing.
Discussion:
@sgillette7, @ninedaves, @wear_a_helmet, @mcorriston and @katiekilkenny7
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