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1:15 PM ET, July 24, 2021

Mediagazer

 Top News: 
Jon Allsop / Columbia Journalism Review:
How the media is covering the Olympics, as COVID restrictions limit reporters' access to events and athletes and the absence of spectators dampen the atmosphere  —  The Olympic Games officially open today.  Thousands of people, including journalists, have faced a gauntlet of health restrictions …
RELATED:
Ingrid Lunden / TechCrunch:
Taboola says it is buying retail- and e-commerce-focused ad network Connexity for $800M in cash and stock  —  Taboola, the company that operates a popular grid-based advertising and content recommendation network across media properties, today announced an acquisition to expand its reach further …
Martin Matishak / The Record:
Sources: an NSA review finds no evidence for Tucker Carlson's claims the agency spied on him; Carlson's name was “unmasked” after third parties mentioned it  —  The NSA has found no evidence to support Tucker Carlson's accusations that the agency had been spying on him in an effort …
Jon Brodkin / Ars Technica:
The couple behind EcommerceBytes has sued eBay and ex-CEO Devin Wenig, as some members of eBay's security team face criminal charges for targeting them  —  Filing in bloody pig mask case says “morning shots of alcohol” were common at eBay.  —  A former eBay security official who pleaded guilty …
Angela Fu / Poynter:
Analysis of 47 newsroom union units finds first contract negotiations average ~18 months and voluntary recognition doesn't seem to shorten negotiations  —  More and more workers are heading to the bargaining table for the first time, and some are finding contract negotiations to be surprisingly difficult
Sam Kille / Rebuild Local News:
Senators introduce Local Journalism Sustainability Act, which would offer tax credits to news consumers, local outlets, and SMEs to advertise in local outlets  —  Rebuild Local News, a coalition representing more than 3,000 local newsrooms, funders of local journalism, and civil society …
Dean Takahashi / VentureBeat:
Outbrain closes flat on its first day of trading, after raising $160M in its IPO at a valuation of $1.25B  —  Watch now.  —  Outbrain, which provides recommended web links at the bottom of news stories, raised $160 million at a $1.25 billion valuation in its initial public offering today.
Andrew Roth / The Guardian:
Russia labels Latvia-based The Insider a foreign agent; The Insider, whose staff often work in Russia, helped Bellingcat probe Kremlin's assassination attempts  —  Move against the Insider seen as revenge for part in revealing Kremlin's role in Salisbury and other assassination attempts
eMarketer:
Influencer marketing spending in the US is set to grow more than 30% this year and exceed $3B  —  Influencer marketing spending in the US is set to grow more than 30% this year and surpass a key milestone.  According to our inaugural forecast on US influencer marketing spending …
Discussion: musically.com
Mike Juang / Ad Age:
NBCU is adopting the Ad-ID identifier, which helps reduce ad repetition and separate competitors' ads by assigning a trackable code to each ad  —  Collaboration between 4A's and ANA expands on existing work on broadcaster's Peacock streaming service  —  NBCUniversal is looking to clean …
Discussion: MediaPost and Adweek
 
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 More News: 
Keith J. Kelly / New York Post:
In his final Media Ink column, Keith Kelly shares stories from his 23 years at NY Post, about David Remnick, David Carr, Graydon Carter, Jane Mayer, and others
Chris Krewson / LION Publishers:
As local newspapers like Chicago Tribune die, digital ecosystems that unbundle legacy newsrooms have the potential to truly reflect and serve their communities
Matthew Gault / VICE:
Old stories on news sites including WaPo were displaying embedded porn videos after the domain for the defunct video service Vidme was bought by a porn company
 Earlier Picks: 
Salvador Rodriguez / CNBC:
Snap Q2: revenue of $982M, up 116% YoY, DAUs up 23% YoY to 293M, and net loss shrunk 53% YoY to $152M; stock is up 13%+ after hours
Jordan Novet / CNBC:
Twitter beats with Q2 revenue of $1.19B, up 74% YoY, vs $1.07B est., ad revenue of $1.05B, up 87% YoY, and mDAUs of 206M, up 11% YoY; stock is up 8%+
Los Angeles Times:
LA Times names Shani Hilton to a newly created role, managing editor for new initiatives; she'll oversee podcasts and video and foster newsroom experimentation
Todd Spangler / Variety:
AT&T Q2: HBO Max and HBO have 67.5M subscribers, up 12M YoY; HBO Max subscription revenue grew 39% YoY to $2B; WarnerMedia income fell 11.3% YoY to $1.7B
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple is working on a smart doorbell system with advanced facial recognition that can wirelessly connect and unlock third-party smart locks

Kyle Wiggers / TechCrunch:
Donald Trump announces that Sriram Krishnan, until recently a general partner at a16z, will serve as senior policy advisor for AI at the White House OSTP

Financial Times:
Sources: Palantir and Anduril are in talks with OpenAI, SpaceX, and more to form a consortium to bid for US defense contracts and plan to announce it in January
 
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