Top News:
Sarah Frier / Bloomberg:
Facebook updates its terms of service globally, effective Oct. 1, allowing it to block content amid proposed Australian law that would force it to pay for news — - Change will give Facebook powers to remove or block content — Mark Zuckerberg has long publicly championed free speech
Discussion:
BuzzMachine, @thesuniljain, @thekenyeung, @firstdraftnews, @zarazettirazr, @g8enjamin, @gunjakapoor, Breitbart, Australian Financial Review and MediaPost
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New York Times:
Facebook warns it will block Australian users and news organizations from sharing news stories on Facebook and Instagram if the ACCC's proposal passes — The move, a response to pressure to pay publishers when their stories are posted on the social network, could add to internet silos springing up around the world.
Discussion:
About Facebook, Columbia Journalism Review, news.com.au, The Week, @dylanbyers, NBC News, Wired, AdExchanger, Meduza.io, Observer, Forbes, Adweek, Savvy, Techdirt, @jamesrbuk, @jason_kint, @dylanmatt, @mattyglesias, @arielbogle, Axios, @jason_kint, @jyarow, @brooklynmarie, @jason_kint, @davidmackau, @jason_kint, @jason_kint, A Media Operator, @willoremus, @seamushughes, @lancerichardson, @seamus, @jason_kint, @fergushanson, @trevorlong, @338canada, @johnb78, @mradamtaylor, @jeffjarvis, @tomcoates, @benyt, @blackamazon, @seamushughes, Facebook Journalism Project, Bloomberg, Mumbrella, Crikey, Wall Street Journal and The Verge, more at Techmeme »
Australian Competition and Consumer Commission:
ACCC calls Facebook's “threat” to prevent sharing of news on its services in Australia ill-timed and misconceived — Facebook's threat today to prevent any sharing of news on its services in Australia is ill-timed and misconceived. — The draft media bargaining code aims …
Discussion:
Press Gazette, @mattdoran91, @911corlebra777, The Conversation, New York Post, Mumbrella, Gizmodo, TechCrunch and Mashable
NBC News:
Facebook says, after an FBI tip, it took down several pages and accounts pushing a fake left-wing news outlet made by people linked to Russian troll group IRA — Some of Russia's most infamous internet trolls have launched a news website that hired real-life journalism freelancers …
Discussion:
Washington Post, New York Times, The Guardian, About Facebook, BuzzFeed News, CNN, Politico, Bloomberg, The Week, @gregflynn, @benimmo, @petebuttigieg, @dennisdiclaudio, @benimmo, courthousenews.com, @josh_lawson, @ralee85, @andrewsweiss, @emilybell, @benimmo, @yashalevine, @benimmo, @benimmo, @draculahadgout, @yoda, @janelytv, @webjedi, @ridt, @benimmo, @kendilaniannbc, @benimmo, @hijakamran, @kendilaniannbc, @caseynewton, @benimmo, @rasmus_kleis, @lachlan, @kendilaniannbc, @oliverdarcy, @kendilaniannbc, @benimmo, @benimmo, @secretaryhobbs, @benimmo, @ridt, The Village Explainer, Gizmodo, Mediaite, Variety, New York Post, The Hill, ABC News, East Bay Times and Reuters, more at Techmeme »
Stephen Battaglio / Los Angeles Times:
With NewsNation, Nexstar plans to air a politically neutral newscast, hiring staff to scrutinize stories for biased language and to monitor fairness of coverage — When entrepreneur Ted Turner first launched CNN in the early 1980s without any big name anchors, one of his credos was that the news …
Discussion:
@jaycaruso, @dave_schilling, @ewerickson, @charrisazrep, @kimmasters, @kimmasters, @maghielse, @egavactip, @ckrewson, @sgstorey, @ibishblog, @jbarro, @blakehounshell, @kerithburke, @hshaban, @clancyreports, @jayrosen_nyu and TVSpy
Maria Armental / Wall Street Journal:
Patreon says it has raised $90M at a $1.2B+ pre-money valuation, nearly twice the $660M valuation it had prior to a funding round last year — New Enterprise Associates and Wellington Management led the $90 million funding round — Membership platform Patreon Inc., which enables musicians …
Discussion:
The Information, @saarsaar, @jessicalessin, @thepropermood, @caseynewton and Variety, more at Techmeme »
Naman Ramachandran / Variety:
Indian media conglomerate Zee launches a premium VOD service called Zee Plex, as cinemas remain closed and a spate of Indian films go direct-to-OTT — The platform makes it likely that more top film titles will bypass cinemas and release directly online, at a time when Indian cinemas remain shuttered due to the coronavirus pandemic.
Wall Street Journal:
Sources: AT&T's exploring a sale of Xandr, its digital advertising unit, after acquiring one of its biggest components, ad exchange AppNexus, in 2018 for ~$1.6B — The telecom giant had hoped to use its scale and AppNexus deal to build up an advertising business
Lillian Rizzo / Wall Street Journal:
Gray Television and other local TV station groups partner with streaming company Syncbak to launch ad-supported streaming service VUit with 200+ local channels — VUit, an ad-supported platform, offers access to over 200 local channels — A new streaming service featuring …
Discussion:
@lilliannnn, @wsj, Deadline and The Streamable
Alex Barker / Financial Times:
Google says it will raise the price for ads 2% in UK and 5% in Turkey and Austria to cover the cost of digital services taxes in Europe, starting in November — US tech group to charge additional fees in the UK, Turkey and Austria — Google is to pass on the cost of digital services taxes …
Discussion:
The Guardian, @matthewstoller, @m_kemmerling, @gchelwa, @prleblond, @fairtaxmark, AppleInsider, Search Engine Land and MediaPost, more at Techmeme »
Joshua Franklin / Reuters:
Sources: PE firm TPG is exploring a sale of Astound that could value the owner of the US network of regional cable TV and internet providers at more than $8B — (Reuters) - Private equity firm TPG is exploring a sale of Astound that could value the owner of a U.S. network of regional cable TV …
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Light Reading and Axios
Marc Tracy / New York Times:
Black Kenosha News journalist quits the paper over a since-changed headline that highlighted a threat made by one of several speakers at a peaceful rally — Daniel Thompson, an editor at The Kenosha News, resigned over a headline that highlighted a speaker who made a threat during a peaceful protest.
Discussion:
@facoalition, @kainazamaria, @deggans, @wesleylowery, @johnbrougher, @nhannahjones, @wesleylowery, @wesleylowery, The Hill, The Wrap, @david_darmofal, @mgerrydoyle, @dabeard and The Week
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