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11:30 PM ET, June 29, 2021

Mediagazer

 Top News: 
Jacob Kastrenakes / The Verge:
Facebook unveils Bulletin, its Substack competitor, with recruited writers including Malcolm Gladwell and Erin Andrews, won't take a revenue cut “at launch”  —  Facebook won't take a cut ‘at launch’  —  Facebook is getting into the subscription newsletter game.
Oliver Darcy / CNN:
After Fox's Tucker Carlson claimed the NSA was monitoring his communications and trying to take his show off the air, the NSA denied the allegations on Tuesday  —  New York (CNN Business)Fox News host Tucker Carlson made an explosive claim on his show Monday night: That he had learned through …
Bhavya Dore / Global Investigative Journalism Network:
Despite the Indian government's hostility to critical coverage, local reporters have found ways to report out the true toll of COVID-19's second wave  —  Through April and May, government figures of COVID-19 deaths and infections were suspiciously low from the populous Indian state of Gujarat, north of Mumbai.
Thom Geier / The Wrap:
Source: NY Post media reporter and columnist Keith Kelly is planning to retire on July 23 after more than two decades at the tabloid  —  Keith Kelly, the widely read and much-feared media reporter and columnist for the New York Post, is planning to retire on July 23 after more than two decades …
Lloyd Grove / The Daily Beast:
Fox News agrees to pay a $1M fine for “a pattern of violating the NYC Human Rights Law”; Fox also must remove secret arbitration clauses from hiring contracts  —  Fox News effectively admitted to a pattern of misconduct and has agreed to pay a civil penalty in New York.
Axios:
Analysis: after Trump left office, monthly traffic to outlets has declined across the ideological spectrum, from -43.8% for far-right to -27.3% for far-left  —  In the months since former President Donald Trump left office, media companies' readership numbers are plunging …
Lucas Shaw / Bloomberg:
Amazon buys exclusive rights to celeb interview podcast SmartLess, hosted by Will Arnett, Jason Bateman, and Sean Hayes; sources say the deal is worth $60-80M  —  - Company will air new episodes before they appear elsewhere  — Podcast features Will Arnett, Jason Bateman and Sean Hayes
Kat Stafford / Associated Press:
25 members of Congress signed a letter urging the FCC to examine how policies and programs have disparately harmed Black Americans and communities of color  —  Congressional leaders and a media advocacy group are urging the Federal Communications Commission to examine how policy decisions …
Pew Research Center:
Pew State of the News Media 2020: daily newspaper circulation was down 6% from 2019, newsroom staff fell 12%, ad revenue fell 29% for public newspaper companies  —  Newspapers are a critical part of the American news landscape, but they have been hit hard as more and more Americans consume news digitally.
Taylor Lorenz / New York Times:
Nelk Boys, the YouTube stars known for pranks and parties, don't rely on ads; instead, Nelk says they sold $50M in merchandise in 2020 and expect $70M in 2021  —  Known for their pranks, parties and crude humor, the YouTubers are used to getting in trouble.  But for them, the backlash is the brand.
Tiffany Hsu / New York Times:
Outbrain files for an IPO aiming to raise over $100M, says it had $767M in revenue last year, $4.4M in net income, and funnels ads to 7,000+ websites like CNN  —  Outbrain, one of the top purveyors of clickbait ads, filed on Tuesday to raise at least $100 million through an initial public offering …
Catie Keck / The Verge:
Senator Warren asks the FTC for a “broad and meticulous review” of Amazon's MGM acquisition, citing Amazon's anticompetitive history and growing monopoly power  —  Warren argues the deal could hurt consumers  —  Senator Elizabeth Warren is calling on the Federal Trade Commission …
 
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 More News: 
Rana Ayyub / Washington Post:
The Indian government is attempting to present journalists as instigators of violence as a journalist faces harassment and criminal charges over a tweet
Associated Press:
Russian authorities raided the apartments of investigative journalists in connection to a story about the interior minister and a documentary on organized crime
The Objective:
The Objective, a nonprofit launched in June 2020 to critique journalism and highlight underrepresented communities, will take a three month break
 Earlier Picks: 
The Daily Beast:
YouTube reinstates the channel of Right Wing Watch, a watchdog group that monitors far-right media outlets, saying it was mistakenly suspended
@kerrymflynn:
Insider becomes the latest digital publisher to unionize its newsroom after CEO Henry Blodget emails staff that the union, representing ~300 staff, won the vote
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

 
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