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8:00 PM ET, August 11, 2020

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 Top News: 
Sara Fischer / Axios:
Facebook's new policy will label as political any promoted content by US news outlets with direct ties to political groups and ban them from the News tab  —  Facebook is rolling out a new policy that will prevent U.S. news publishers with “direct, meaningful ties” to political groups …
New York Times:
A case study of a story about Bible burning in Portland, covered by RT and its Ruptly video service, then amplified by US right-wing media and politicians  —  WASHINGTON — For some of President Trump's loudest cheerleaders, it was a story too good to check out: Black Lives Matters protesters in Portland …
Munsif Vengattil / Reuters:
Tencent Music reports Q2 net income of $135M, up 1.4% YoY, on revenue of $997M, up 18% YoY; paid users rose 52% YoY to 47.1M  —  Munsif Vengattil, Pei Li  —  (Reuters) - China's Tencent Music Entertainment Group (TME) (TME.N) said on Monday its quarterly revenue leaped 18% …
Discussion: Tencent Music, TechCrunch and Reuters
Brian Steinberg / Variety:
Fox News to launch live-streaming outlet Fox News International in August for $6.99/month, starting in Mexico and expanding to 20 countries by the end of 2020  —  Fox Corp. is joining the parade of big U.S. media companies seeking to stream their best-known content abroad.
Discussion: TVNewser, Mediaite and @perlberg
Reid Nakamura / The Wrap:
The anti-Trump episode of Black-ish that was canned by ABC in 2018 and led its creator Kenya Barris to sign with Netflix finally debuts on Hulu  —  The canned episode of “Black-ish” that led to a dispute between Disney and creator Kenya Barris, and Barris eventually decamping for a new deal at Netflix …
Bloomberg:
CuriosityStream, a streaming service for documentaries on science and history, has agreed to go public through a ~$330M merger with Software Acquisition Group  —  CuriosityStream, a streaming platform for documentaries on science, history and other topics, has agreed to go public through …
Isaac Stanley-Becker / Washington Post:
Researchers find network of 178 hyperpartisan low-quality news sites whose underlying purpose is to collect and sell email addresses and other personal info  —  The reality curated by “The Bearded Patriot” and “The Wolf of Washington” is dismal.  —  The websites tell of nonstop riots and “crazed leftists.”
Sara Fischer / Axios:
NYT is researching launching a standalone subscription for Wirecutter, akin to existing ones for Cooking and Crosswords  —  The New York Times is in the early stages of researching a consumer subscription for its product recommendation site Wirecutter, according to a job description posted on LinkedIn.
Sarah Sluis / AdExchanger:
Meredith debuts Data Studio, a service that licenses its first-party data to brands, available separately from its advertising business  —  Meredith introduced its Data Studio Monday, a platform built out of its extensive first-party data set to help brands better understand their consumers both on and off Meredith's properties.
 
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 More News: 
Rachael Myrow / KQED:
California public radio station KQED announces layoffs of 20 staff to help address a projected $7.1M budget gap, blaming a sharp corporate sponsorship decline
Brian Schwartz / CNBC:
Bill O'Reilly's lawyer says O'Reilly is in final negotiations to host a show in the fall on NY radio station 77 WABC, owned by Trump ally John Catsimatidis
 Earlier Picks: 
Wendy Lee / Los Angeles Times:
TikTok announces first round of recipients of its $200M US creator fund, composed of 19 creators, 6 in LA; source: at least one will receive six figures
Lesley Goldberg / Hollywood Reporter:
Disney changes name of 20th Century Fox Television to 20th Television and Fox 21 TV Studios to Touchstone Television
Juli Clover / MacRumors:
In iOS 14, Apple News+ publishers' web links are opened in the Apple News app by default for Apple News+ subscribers, though this feature can be turned off
 

 
From Techmeme:

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

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

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

 
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