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1:10 PM ET, February 24, 2021

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 Top News: 
Kerry Flynn / CNN:
New York Times admits workplace issues, particularly around the treatment of Black and Latino employees, in a new report following an eight-month investigation  —  New York (CNN Business)The New York Times (NYT) is admitting its own workplace issues, particularly around the treatment of Black …
Nick Clegg / About Facebook:
Facebook defends its stance in Australia, says it invested $600M since 2018 to support the news industry and plans at least $1B more over the next three years  —  Last week, in a move that will have felt abrupt and dramatic to many, Facebook announced it was stopping the sharing of news on its service in Australia.
RELATED:
Joshua Benton / Nieman Lab:
Facebook's Australia news ban shows tech giants don't mind giving up money to appease regulators and business, but will not give up control over platforms  —  [Warning: Violent and gruesome metaphor ahead.]  —  In The Usual Suspects (1995), there's a scene in which the true extent …
ABC:
Australia says Facebook agreed to reinstate news content in Australia in the coming days after the government promised amendments to its proposed media bill
Australian Financial Review:
Kerry Stokes' Seven West Media announces it has signed a letter of intent to provide news to Facebook; sources say Nine and News Corp deals are expected soon
Simon Wilkie / The Conversation:
Australia's news media code debate has mostly focused on large media players, but the attention should be on protecting the sustainability of small publishers
Marc Tracy / New York Times:
Washington Post led all news organizations at the Polk Awards with four prizes; half of all Polk Awards were for reporting related to the pandemic  —  The Washington Post led all news organizations, with four prizes.  The infectious-disease reporter Helen Branswell, of Stat …
Theodore Schleifer / Vox:
Sources: the founder of Acronym, which backs Courier Newsroom, wants to raise $65M to push progressive local news and match the dominance of conservative media  —  It's called the Project for Good Information, and it raises big questions about the future of the information wars.
Sara Fischer / Axios:
Discussion: MediaPost
Sahil Patel / Wall Street Journal:
Fandom, a site about games, movies, and TV shows, buys UK-based Focus, owner of Fanatical; sources say Fandom is profitable and expects $200M in revenue in 2021  —  Entertainment company seeks direct sales to consumers and better appeal to marketers  —  Fandom Inc., an entertainment company focusing …
Hirsh Chitkara / Protocol:
Inside Chess.com's streaming success, with Twitch users watching 18.3M hours of chess content in January, nearly as much as they consumed throughout all of 2019  —  There's something inherently perverse in calling chess “open source.”  It's a bit like saying France “pivoted” …
New York Magazine:
First Look Media says it didn't fire Laura Poitras but chose not to renew her contract because she had been “inactive” for 2+ years, amid a fight about layoffs  —  When Laura Poitras co-founded First Look Media with Glenn Greenwald and Jeremy Scahill in 2013, the venture had immediate prestige …
Wayne Friedman / MediaPost:
Sinclair Broadcast Group reports Q4: revenue down 7% YoY to $1.5B, net income of $514M, and political ad revenue grew to $205M, up from $23M in Q4 2019  —  Sinclair Broadcast Group is another major TV station company hit with weakening core advertising in the last months of 2020 …
Lauren Harris / Columbia Journalism Review:
A look at the small-town Skagway News in Alaska, after its owner gifted it to two teachers in early 2020 and the pandemic slammed its tourist town  —  They won the Alaska newspaper giveaway.  Then the pandemic arrived.  —  In 2019, Larry Persily, owner of the Skagway News …
Discussion: @lharriswrites
 
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 More News: 
Todd Spangler / Variety:
YouTube to roll out a “supervised” account option in beta in the coming months in more than 80 countries, aimed at kids that are too old for YouTube Kids
 Earlier Picks: 
Lillian Rizzo / Wall Street Journal:
Black News Channel, largely backed by Jacksonville Jaguars owner Shad Khan, has boosted its potential audience to 52M+ households from about 2.5M in July 2020
Kelsey McKinney / Defector:
Internal memo: Slate indefinitely suspended The Gist host Mike Pesca over a Slack discussion; sources: he argued for the use of the N-word in some cases
 

 
From Techmeme:

Michael Peel / Financial Times:
Google DeepMind and Isomorphic Labs detail AlphaFold 3, an AI model to predict interactions and structures of proteins, DNA, RNA, more, beating many top methods

Tom Dotan / Wall Street Journal:
Microsoft plans to invest $3.3B to build a data center in Mount Pleasant, Wisconsin, and train locals, alongside investing in a University of Wisconsin AI lab

Mark Gurman / Bloomberg:
A look at potential successors to Tim Cook; sources say Apple's hardware engineering chief John Ternus is the most likely long-term successor

 
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