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3:40 AM ET, May 7, 2021

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 Top News: 
Esther Crawford / Twitter:
Twitter introduces Tip Jar, allowing everyone using Twitter in English to send tips, and a limited group, including journalists and experts, to accept tips  —  We $ee you - sharing your PayPal link after your Tweet goes viral, adding your $Cashtag to your profile so people can support your work …
Washington Post:
While Alden pledged $375M in cash for Tribune, one clause would let Alden finance the cash with debt or equity financing, possibly raising Tribune's debt burden  —  Experts say Alden Global Capital's offer to invest in the Chicago Tribune, Baltimore Sun and other newspapers isn't what it seems
RELATED:
Keith J. Kelly / New York Post:
Tribune Publishing Q1: net income of $6.1M on revenue of $173.6M; ad revenue fell 26.4% YoY, compensation expenses fell 35.8% YoY, and cash balance was $250.7M  —  Tribune Publishing posted a first-quarter profit but canceled its earnings call, citing the imminent completion of a deal to take the newspaper giant private.
Victoria Lewis / WPTV:
Florida Governor Ron DeSantis has barred local media from attending the signing of a voting restriction bill; the event is a “Fox News exclusive”  —  Gov. Ron DeSantis has signed Florida's elections reform bill into law.  DeSantis signed SB90, which includes restrictions on voting …
Benjamin Mullin / Wall Street Journal:
Sources: the Athletic is no longer in merger talks with Axios, sees the NYT as the leading merger contender, and had ~$80M in revenue in 2020 with 600 staff  —  Publisher's talks with Axios are no longer active; New York Times Co. seen as leading contender for tie-up
Olivia Messer / Study Hall:
The trauma of covering the pandemic has battered journalists, and the industry is losing a generation of reporters and editors to despair and moral injury  —  When I told my editors at The Daily Beast that I needed to quit my job as the newsroom's lead COVID reporter, I couldn't even say the word “quit.”
Makena Kelly / The Verge:
NY AG's office says fake comments, including 8.5M funded by largest US ISPs, accounted for ~18M of the 22M+ net neutrality comments received by the FCC in 2017  —  The New York attorney general's office released a new report detailing the effort  —  The New York attorney general's office issued …
Sara Fischer / Axios:
A record 44% of the NYT's 301K new digital subscribers in Q1 were to non-news products like cooking, games, and audio  —  The New York Times on Wednesday said it added 301,000 new digital-only subscribers last quarter, its slowest quarter for digital subscriber growth in over a year.
RELATED:
Issie Lapowsky / Protocol:
Q&A: Facebook Oversight Board director Thomas Hughes on upholding Trump's ban, why the Board isn't a PR stunt, Facebook refusing to answer its questions, more  —  Following months of speculation, Facebook's Oversight Board issued a quasi-decision Wednesday in the case of former President Donald Trump's account.
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Oversight Board:
Facebook Oversight Board upholds Trump's suspension, but asks Facebook to review the decision within six months to determine a penalty consistent with its rules
Margaret Sullivan / Washington Post:
The Oversight Board's decision on Trump's Facebook ban failed to send a clear message that a powerful public official can't use Facebook to endanger the public
Jennifer Alsever / Fortune:
How publishers are using tech, including AI-generated voices for audiobooks, Google Lens AR, and Amazon's novella app Kindle Vella, to entice young readers  —  Our mission to make business better is fueled by readers like you.  To enjoy unlimited access to our journalism, subscribe today.
 
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 More News: 
Emily Bary / MarketWatch:
IAC beats Q1 estimates with revenue of $876M, up 28% YoY, with Vimeo posting $89.4M in revenue, up 57% YoY; shareholders set to vote on Vimeo spinoff May 14
Discussion: IAC
Anna North / Vox:
20 current and former staffers discuss their experience working for National Geographic since its 2018 recognition of past racist coverage and pledge to improve
Sophie Huet / AFP Correspondent:
Restrictions in place due to COVID have led to the proliferation of press pools, which only allow for limited perspectives, and of events closed to the press
 Earlier Picks: 
Georg Szalai / The Hollywood Reporter:
ViacomCBS Q1: 36M streaming subscribers, up 6M since Q4; streaming revenue grew 65% YoY to $816M; net earnings up 79% YoY to $899M, affiliate revenue of $2.08B