Top News:
Nick Clegg / About Facebook:
In response to Oversight Board ruling, Facebook suspends Trump's accounts until January 7, 2023, and says it will then reconsider suspension if conditions allow — Last month, the Oversight Board upheld Facebook's suspension of former US President Donald Trump's Facebook and Instagram accounts following …
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Salvador Rodriguez / CNBC:
Facebook announces that politicians' posts will no longer be exempt from the company's rules that prevent users from engaging in harmful speech — - Facebook on Friday announced that politicians' posts will no longer be exempt from the company's rules that prevent users from engaging in harmful speech.
Discussion:
CNN, more at Techmeme »
Peter Kafka / Vox:
Sources: Facebook plans to launch Bulletin, its Substack clone, at the end of June; it will live outside Facebook in part to evade Apple and Google's 30% fees — Facebook wants to launch its newsletter product later this month. But it doesn't want controversial writers using it — just the ones it's recruiting.
Discussion:
@manymanywords, @nandu79, @pkafka and @pkafka
Sam Schechner / Wall Street Journal:
EU and UK regulators coordinate to open antitrust investigations into Facebook's classified ad service Marketplace; UK is also probing Facebook Dating — Investigations into classified-ads service Marketplace ramp up regulatory scrutiny on the company in Europe
Discussion:
European Commission, The Guardian, GOV.UK, TechCrunch, Variety, Hollywood Reporter, Al Jazeera, Associated Press, @omidyarnetwork, Forbes, @samschech, @marietjeschaake, @vestager, Financial Times, @jason_kint, New York Times, Protocol, Fortune, @menakadoshi, The Verge, Bloomberg, Insider, New York Post, MediaPost and Politico, more at Techmeme »
Catalin Cimpanu / The Record:
Live streams for Cox radio and TV stations were down on Thursday, sources say due to a ransomware attack — Live streams for radio and TV stations owned by the Cox Media Group, one of the largest media conglomerates in the US, have gone down earlier today in what multiple sources have described as a ransomware attack.
Discussion:
NBC News, FTVLive, The Hill, @mattblaze, Peach State Politics … and The Desk, more at Techmeme »
Josh Gerstein / Politico:
Gannett is fighting an FBI subpoena, which seeks IP addresses and mobile phone info to determine who read a specific USA Today story about a Florida shooting — Gannett, the publisher, contends that demand for details on who accessed article violates the First Amendment.
Discussion:
The Hill, @_rewhan, @chayesmatthew, @joshgerstein, @bradmossesq, @politico, Newser, @oknox, @stevekrak and @midtndsa
Ashley Cullins / Hollywood Reporter:
Spotify's Discovery Mode, which lets artists and labels take lower royalty rates in exchange for higher priority in algorithms, gets scrutiny from Congress — Reps. Jerry Nadler (D-NY) and Hank Johnson Jr. (D-GA) are concerned the feature could lead to lower pay for artists and fewer choices for consumers.
Discussion:
Rolling Stone, @eriqgardner and The A.V. Club
Al Jazeera:
Myanmar court jails two journalists, from Democratic Voice of Burma and Mizzima News, to two years in prison for “false news” over anti-coup protest coverage — A court in military-ruled Myanmar has jailed two journalists under a colonial-era law that was recently revised to make spreading …
Neal Rothschild / Axios:
NewsWhip: Trump's now closed blog generated engagement roughly on par with the top posts from mid-market local newspapers — The shutdown acknowledged the flawed assumption that if you build it, they will come.
Discussion:
@nrothschild3
Bloomberg:
Germany's antitrust regulator says it will probe Google News Showcase to check if Google's terms offer “unreasonable conditions” to publishers — - Cartel office has opened multiple probes in recent weeks — Regulator is wielding new powers to take on U.S. tech giants
Discussion:
Bundeskartellamt, @wexler, TechCrunch, Reuters and Barron's Online
Bloomberg:
Vivendi says it is in talks to sell 10% of Universal Music Group to a SPAC backed by Bill Ackman, in a transaction that values UMG at €35B, up from €30B in 2019 — - Pershing Square Tontine Holdings raised $4 billion in July — UMG valuation suggests streaming-led music boom has legs
Discussion:
Music Business Worldwide, Insider, Al Jazeera, New York Post, Reuters, Hollywood Reporter and Variety
Andrew Rettman / EUobserver:
European Commission to put forward new measures later this year to protect journalists from strategic lawsuits against public participation — Investigative journalism in Europe needed “legal” protection from the growing problem of malicious law suits, the European Commission and MEPs have said.
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