Top News:
VICE:
Angry over critical coverage, tech figures discuss hitting back against journalists, on Twitter and invite-only Clubhouse, leading to harassment of NYT's Lorenz — In leaked audio from an invite-only app, venture capitalists pondered everything they think is wrong with journalism.
Discussion:
@hunterwalk, @rossneumann, @sarahnemerson, @hshaban, @jenn_ruth, @dangillmor, @grahamstarr, @jenn_ruth, @steven_strauss, @ericgeller, @albertburneko, @rogerwcheng, @tlangford, @vaurorapub, @emilybell, @benfischersbj, @bafeldman, @dannypage, @jessica_roy, @charlesarthur, @brandyzadrozny, @bafeldman, @libshipwreck, @audreywatters, @calisurf, @meena_thiru, @kosamari, @aprilaser, @a_w_gordon, @chwoodiwiss, @cherylrofer, @gossithedog, @hshaban, @rossneumann, @rossneumann, @pavsmo, @joshsternberg, @mat, @psa_sitch, @jason_koebler, @chillmage, @merylkornfield, @rationalwiki, @a_w_gordon, @taylorlorenz, @taylorlorenz, @taylorlorenz, @taylorlorenz, @maxwelltani, @jeffbercovici, @davidbix, @davidbix, @balajis, @taylorlorenz and @digitalshields, more at Techmeme »
Judd Legum / Popular Information:
Facebook says it now finds that there is an undisclosed financial relationship between The Daily Wire and Mad World News and will temporarily demote the latter — The Daily Wire's Ben Shapiro (Photo by Rich Polk/Getty Images for Politicon) — Facebook has concluded there is an undisclosed …
Discussion:
@mikeisaac, Gizmodo, @blackamazon, @mikeisaac, @mikeisaac, @rmac18, @juddlegum, @mikeisaac, @mattyglesias, @adelsteinpaul, @aymanndotcom, @patrick_wyman, @juddlegum, @juddlegum, @monteiro, @juddlegum, @slpng_giants and @chetfaliszek
Jack Shafer / Politico:
Companies have little to lose from joining a Facebook boycott during a slow month for ads amid a pandemic; they'll be back, and Facebook will emerge stronger — Every day, it seems, another major corporation joins the advertiser boycott against Facebook. First came The North Face, REI and Patagonia.
Discussion:
Axios, Advocate, @joshsternberg, Fortune, Pancake Brain, @iainlevine and @dylanbyers
RELATED:
CNN:
Of the top 25 Facebook advertisers in 2019, which include Uber and Netflix, only three, Microsoft, Starbucks, and Pfizer, have said they are pausing ad spending
Discussion:
The Information, Wall Street Journal, @daviduberti, @dylanbyers, Real Clear Politics, Breitbart, The Guardian, Gizmodo, The Daily Caller, @nberlat, @neontaster, VentureBeat, MediaPost, Vanity Metrics, @cwarzel, @juancpedreira, @mims, @lauramandaro, @willoremus, @johnbattelle, @monteiro, @thesporkful, @jason_kint, @cwarzel, @chuckliddell, @ifeomaozoma, @anthonyquintano, @amir, @jayrosen_nyu, @cwarzel, @jeffersongraham, @ritholtz, @gpingersoll, @chrisstrub, @steveguest, @holmesjosh, @repjimbanks, @oliverdarcy, @kerrymflynn, @kyurieff and @b_fung, more at Techmeme »
Reuters:
400+ advertisers suspend Facebook ads for a month, as sources say talks with some advertisers broke down; Zuckerberg has agreed to meet with boycott organizers
Discussion:
The Guardian, @nick_clegg, Wall Street Journal, MediaPost, @rmac18, @william_fitz, @juliacarriew, Forbes, Protocol, Just The News, The Verge, CNET, Beyond Search, @mirabarhillel, Music Ally, @amahnke, @shannoncoulter, @notdan, @brendannyhan, @riotta, @david_rudnick, @libshipwreck, @rebootedstef, @ladyhaja, @alexthomas, @justinhendrix, @zeynep, @shannonvallor, @jbenton, @kargo, @sub8u, @mikeisaac, @carolecadwalla, @arrington, @mmasnick, CNN, @katielpaul, @mikeisaac, @berthacoombs and @jayrosen_nyu, more at Techmeme »
Maiysha Kai / The Glow Up:
Following the publication of an open letter alleging mistreatment, misconduct, and mismanagement at Essence, the outlet names Caroline Wanga interim CEO — The pioneering and still most prominent media brand for Black women will once again have one at the helm—at least, for the immediate future.
Discussion:
New York Times, Black Female Anonymous, @kerrymflynn, @iwriteallday_, @jouelzy, Page Six and The Wrap
Jon Henley / The Guardian:
France allows tax credit for new subscribers to current affairs outlets since the sector is “suffering enormously” due to COVID-19 crisis — Move to support newspapers and magazines follows global slump during pandemic — French MPs have voted to grant a tax credit to anyone taking …
Discussion:
@janebsinger, @rasmus_kleis, @gaufre and National Union of Journalists
Jeremy Gordon / Columbia Journalism Review:
A requiem for The Outline, which had a broad editorial vision with creative freedom for staff, and which closed in April after less than four years of existence — On April 3, the day The Outline was shut down and its editorial staff let go, my coworkers and I received hundreds of messages …
Discussion:
@lemonsand, @ryanvailbrown, @mikelikessports, @mikelikessports, @chaykak, @jeremypgordon, @suchandrikac, @brandyljensen and @cjr
Tom Dotan / The Information:
Reuters has told employees that it is planning on putting many of its articles behind a subscription paywall — Reuters is planning on putting many of its articles behind a subscription paywall, the news service told employees. Reuters would become one of the last free news services …
Discussion:
@cityofthetown
Robert Channick / Chicago Tribune:
Tribune Publishing adds Alden Global Capital's co-founder, Randall Smith, to board, giving Alden 3 of 7 seats, and caps Alden's stake at 33% for another year — Tribune Publishing has struck a deal with its largest shareholder, Alden Global Capital, that adds the hedge fund's co-founder …
Discussion:
Nieman Lab, @byjonharris, The Media Nut, @mattdpearce, @hopnotes, @dfmworkers, @cerconejeff, @mcallguild, Poynter, @dfmworkers, @johnchacona, @niemanlab, @amlwhere, @jbenton, @lalpert1 and @jbenton
Jim Waterson / The Guardian:
The BBC is laying off 450 people, representing a sixth of BBC England staff, to save £25M, per NUJ, and axing regional news show Inside Out — Well-known local presenters to lose jobs and concerns raised about news quality — The BBC is to make 450 staff working on its regional programmes …
Manish Singh / TechCrunch:
Facebook says it is shutting down Lasso, its TikTok clone launched a year and a half ago, on July 10 — Facebook is no longer betting on Lasso, an app it launched a year and a half ago, to take on TikTok . The social juggernaut's TikTok clone is shutting down on July 10, Lasso alerted users on Wednesday.
Discussion:
Variety, @kerrymflynn, Business Insider, Tubefilter, @kawaljit, Gizmodo, @mattnavarra, The Wrap, The Verge and Neowin, more at Techmeme »
Brian Schwartz / CNBC:
In a letter to Michael Pack, senators from both parties voice concerns about Pack's firing of longtime USAGM leaders and say they'll review the agency's funding — - Sens. Lindsey Graham, Marco Rubio and a bipartisan group of senators say they are planning to review the U.S. Global Agency …
Discussion:
@schwartzbcnbc and @penamerica
Hilary Lewis / Hollywood Reporter:
Walmart will convert 160 parking lots into drive-in movie theaters with film programming by Tribeca Enterprises from August to October — The retailer will transform its store parking lots into contact-free movie theaters, allowing viewers to have a socially distanced big-screen experience amid the coronavirus pandemic.
Discussion:
Fortune, The Daily Caller, @retailprophet, @jordanbitterman, TechCrunch, @aexm, Gizmodo and @pitdesi
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