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8:20 PM ET, April 4, 2021

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 Top News: 
Wall Street Journal:
Sources: Stewart Bainum and Hansjörg Wyss say they can personally contribute $600M+ total toward their $680M bid, up from $200M, as Alden's bid loses favor  —  Tribune likely to deem new bid superior to agreement with Alden, according to sources  —  A Maryland hotel magnate …
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Orlando Sentinel:
Josh Marshall / The Atlantic:
Many digital news outlets are just not financially viable, and those that sought scale lost to platforms; survivors nurture durable ties to specific customers  —  On March 9, management at HuffPost notified 47 employees that they were being laid off as part of a cost-cutting effort following …
The Princetonian:
EICs of all eight Ivy League papers are women for the first time: they discuss what this milestone means, priorities moving forward, and more  —  For the first time, women hold the highest editorial positions at all eight Ivy League papers.  —  The path to leadership …
New York Times:
Profile of Bill Hwang, who led Archegos Capital Management to being the top shareholder in ViacomCBS, behind ~$20B in shares before the price halved in a week  —  Banks were eager to do business with Bill Hwang and his Archegos Capital Management — until he ran out of money.
Discussion: The YEET
The Guardian:
Sicilian prosecutors looking into human trafficking wiretapped Italian journalists covering the Mediterranean migrant crisis and allegedly exposed their sources  —  Conversations recorded ahead of cases in which rescuers from charities charged with collaboration with people smugglers
Tatiana Cirisano / Billboard:
Profile of Bandcamp, profitable since 2012 without ads or major investors, which has paid out $196.3M to artists since March 2020, often foregoing its fees  —  Without advertisers or major investors, Bandcamp turned a profit helping musicians at all levels make a living.
Om Malik / On my Om:
Unsplash, a startup that hosts freely usable images and was designed to upend behemoths like Getty Images, sells to Getty Images  —  Knowing of my growing distaste for the Facebookization of Instagram, Evgeny Tchebotarev, the co-founder of 500px, sent me an email about a new project from Crew, a freelancer-focused design company.
Matt Grossman / Wall Street Journal:
HYBE, which manages K-pop's BTS, is buying Ithaca Holdings, the company behind artists and labels including Justin Bieber and Big Machine Label, for $1B+  —  Deal would unite South Korean media company with Scooter Braun's Ithaca Holdings  —  The South Korean media company that manages K-pop group BTS …
Danny Konstantinovic / The Business of Business:
Gumroad's CEO on the company's first 10 years, competitors like Patreon and Substack, the rise of the creator economy, and how app store “taxes” stifle growth  —  When you visit Gumroad's website, one of the first things you see is a simple promise.  —  “Gumroad makes it possible for you to: Escape your 9-5 desk job.
David Agren / The Guardian:
An argument over press freedom erupted in Mexico after its president attacked a US human rights report that highlighted Mexico's failure to protect journalists  —  A growing row over press freedom has engulfed Mexico after the country's nationalist president maligned a routine US human rights report …
Joshua Benton / Nieman Lab:
Study: political polarization slowed in Palm Springs, CA, in July 2019 when the local paper, The Desert Sun, covered only local issues in its opinion section  —  Shifting the focus of a newspaper's opinion section from national (Trump!  Pelosi! distant, scary!) to local (schools! development! …
 
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 More News: 
Lauren Harris / Columbia Journalism Review:
An overview of the journalism crises happening globally, with significant closures and job losses in the US, Europe, Australia, India, and elsewhere
Discussion: @ashkan, @vwpickard, @cjr, @cjr and jamlab
Amelia Pollard / American Prospect:
How right-wing nonprofit PragerU, known for viral videos, has pushed content into US schools through its PREP program, used by 6,000 educators
 Earlier Picks: 
Financial Times:
Snap confirms it was testing probabilistic matching to track iOS users for a few months, but will discontinue the program after Apple rolls out tracking changes
Lucas Shaw / Bloomberg:
Voice artists are experiencing a surge in demand as Netflix and other streamers offer a broad range of programming from around the world in local languages
Tom McKay / Gizmodo:
WaPo published a piece revealing an anti-QAnon researcher's real name, when it learned he was writing for them under a pseudonym for safety, contrary to policy
 

 
From Techmeme:

Gaby Del Valle / The Verge:
NYC is partnering with Evolv, a weapons detection company that has faced scrutiny over its machines' accuracy, to test AI-based gun detectors on the subway

Sam Kim / Bloomberg:
South Korean national statistics data: chip output grew 65.3% YoY in February 2024, the most since late 2009, with demand for AI-related memory driving growth

Meredith Whittaker / LPE Project:
The TikTok divestment bill will not offer any meaningful privacy protection from China, but it will further entrench the dominance of US-based social networks

 
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