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12:35 AM ET, July 1, 2021

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 Top News: 
Raleigh News & Observer:
UNC trustees voted to approve tenure for Nikole Hannah-Jones after controversy over her hire without tenure as Knight Chair in Race and Investigative Journalism  —  Listen to our daily briefing:  —  UNC-Chapel Hill trustees voted to approve tenure for distinguished journalist Nikole Hannah-Jones …
Salvador Rodriguez / CNBC:
Adam Mosseri says Instagram plans to test video more broadly, calls TikTok and YouTube competitors, and says Instagram is “no longer a photo-sharing app”  —  - Facebook's head of Instagram said the service plans to start showing users full-screen, recommended videos in their feeds.
RELATED:
Sarah Perez / TechCrunch:
Instagram confirms it is working on tools to let creators share “exclusive” content to Stories for paying fans
Sarah Lustbader / The Appeal:
The Appeal's newly unionized staff announces a worker-led effort to relaunch the site as its management says it is shutting down the outlet in its current form  —  After years of groundbreaking reporting and analysis, The Appeal will sunset in its current form on June 30.
David McLaughlin / Bloomberg:
Amazon seeks the recusal of FTC chair Lina Khan from antitrust probes, including Amazon's purchase of MGM, citing her previous criticism of the tech giant  —  - Online retail giant files petition saying Khan shows bias  — FTC is reviewing Amazon's purchase of MGM movie studio
Megan Graham / CNBC:
Integral Ad Science, which offers ad-verification services, closes up 14% in its first day of trading after its IPO, valuing the company at close to $3.3B  —  - Ad tech company Integral Ad Science began trading on Wednesday under the ticker “IAS.”  — IAS pegs itself as a “verification company” for digital ads.
David Ingram / NBC News:
A federal judge has issued a preliminary injunction blocking Florida's Stop Social Media Censorship Act from going into effect, which was scheduled for Thursday  —  A federal judge Wednesday put on hold a first-of-its-kind law in Florida that authorized the state to penalize social media companies …
Mark Jacob / Local News Initiative:
How college students fill local news gaps with the Eudora Times, covering a suburb of Lawrence, KS, and the Statehouse File, contributing to the Indiana Citizen  —  As the local news crisis grows, staffs are thinning out and gaps in coverage are widening.  But reinforcements are coming …
Alex Weprin / Hollywood Reporter:
Fired Fox news host Ed Henry sues Fox and its CEO for saying he was fired for “willful sexual misconduct”, alleges cover-up of other cases in Murdoch companies  —  Henry was fired last summer over what the company says was “willful sexual misconduct” claims, and lobs a number of explosive allegations in his suit.
Dan Kennedy / Media Nation:
In an about-face, major outlets, including NYT and WaPo, are running digital sponsored content from Philip Morris touting its research into nicotine products  —  More than two decades after cigarette ads began disappearing from newspapers, major news organizations are running ads on their websites …
Megan Graham / CNBC:
Taboola closed down 2% in its first day of trading after going public via merger with a SPAC  —  - Digital ad company Taboola began trading on the Nasdaq Wednesday following its merger with ION Acquisition Corp. 1, a special acquisition corporation.  — Taboola sees its opportunity …
Emily Bazelon / New York Times:
After years of covering efforts to exonerate incarcerated people, a reporter describes how a letter led her to personally get involved in a case from Louisiana  —  For years as a journalist, I've covered attempts to exonerate incarcerated people.  But a letter from Yutico Briley led to a different kind of story.
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 …
 
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 More News: 
Julia Carrie Wong / The Guardian:
How Fox News, Newsmax, and other right-wing media propelled critical race theory from academic obscurity to center stage in the US political debate
Kim Bhasin / Bloomberg:
Buzzer, a live sports streaming service that launched in January, raises $20M Series A from investors including Michael Jordan and Wayne Gretzky
Elsa Keslassy / Variety:
France unveils rules that would require streaming services, including Netflix and Disney+, to invest 20%-25% of their French revenues in local content
 Earlier Picks: 
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
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”
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
 

 
From Techmeme:

Foo Yun Chee / Reuters:
Sources: EU may accept Apple's proposal to open its NFC payments tech to rivals, and may close its antitrust probe in May, letting Apple avoid hefty fines

George Steer / Financial Times:
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets

James Hunt / The Block:
Bitcoin's fourth halving is now complete, lowering miners' block subsidy rewards from 6.25 BTC to 3.125 BTC; the third halving was on May 2020

 
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