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12:25 AM ET, November 3, 2020

Mediagazer

 Top News: 
Ben Smith / New York Times:
Since 2016, Trump's ongoing spectacle has slowed the decline of legacy media, but this election, regardless of who wins, marks the end of an era for the media  —  Trump made the legacy media great again.  Here's what's next for them.  —  There's a media phenomenon the old-time blogger Mickey Kaus calls …
Margaret Sullivan / Washington Post:
With fears that Trump may prematurely claim victory, journalists must do something that is not in their nature: be patient and not join a rush to judgment  —  Almost two months before the 2016 presidential election, Dave Wasserman, an editor at the nonpartisan Cook Political Report, wrote a prescient piece.
New York Times:
NYT brings back “the needle” but only for Georgia, N. Carolina, and Florida, and says it won't offer a single needle for the overall election due to mail voting  —  We'll have live estimates for Florida, Georgia and North Carolina.  —  For many Times readers …
Columbia Journalism Review:
A review finds that less than half of 1,100 posts across Facebook and Instagram containing falsehoods debunked by third-party partners bore fact-checking labels  —  Mark Zuckerberg, Facebook's CEO, has been back in Congress this week to talk about the need to reform how social-media platforms moderate content …
Wall Street Journal:
Sources: Quibi mulled options like a freemium model and had 450,000 subs paying $4.99/mo., far less than the 7.4M it targeted for its first year, when it closed  —  The instincts of Jeffrey Katzenberg and Meg Whitman, who headed the start-up, proved wrong  —  When Jeffrey Katzenberg …
CNBC:
Lucas Shaw / Bloomberg:
TikTok signs deal with Sony to let its users keep using songs from Sony's labels; source: TikTok is paying Sony significantly more now than in its previous deal  —  TikTok has secured the rights to recordings from thousands of artists, including Beyonce and Travis Scott …
Sara Fischer / Axios:
Twitter says it will use at least two sources, from among ABC News, AP, CNN, CBS News, Decision Desk HQ, Fox News, and NBC News, to call US election results  —  Twitter on Monday provided more details about its policies around tweets that declare election results, and named the seven outlets …
Katie Robertson / New York Times:
A look at a typical week for former CNN reporter Peter Hamby, who moved to Snapchat in 2015 and hosts Good Luck America, a politics show with 2.5M subscribers  —  Peter Hamby hosts “Good Luck America” on Snapchat.  “My North Star is really the low-information news consumer,” he says.
The Guardian:
UK High Court rules against Johnny Depp in his libel suit against The Sun and its publisher News Group Newspapers, which described him as a “wife beater”  —  Pirates of Caribbean actor had sued newspaper publisher for damage to his reputation  —  The Hollywood actor Johnny Depp …
 
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 Earlier Picks: 
Gabriel Snyder / Columbia Journalism Review:
NYT's biggest institutional challenge is its inability to state what it believes and why it matters, defaulting instead to a stance of “letting readers decide”
David Bauder / Associated Press:
AP says it will be more transparent with calling US elections, explaining how its experts make decisions and why they hold off declaring a winner in tight races
Jeremy Barr / Washington Post:
The Atlantic retracts a story by Ruth Shalit Barrett, after updating her byline and saying it regrets commissioning a story and giving her a “second chance”
 

 
From Techmeme:

Wall Street Journal:
Apple removes WhatsApp, Threads, Signal, and Telegram from its App Store in China, after orders from the country's regulators citing national security concerns

Zack Whittaker / TechCrunch:
Hacking group GhostR claims it stole 5.3M records from World-Check screening database, used for KYC checks for sanctions and financial crime links, in March

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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