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12:20 PM ET, October 7, 2021

Mediagazer

 Top News: 
Todd Spangler / Variety:
IAC's digital publishing arm Dotdash acquires Meredith, publisher of People and other magazines, in a $2.7B all-cash deal  —  Meredith, the media company home to publications including People, EW, Better Homes & Gardens and InStyle, will become part of Dotdash, the digital publishing division …
Twitch Blog:
Twitch says a server configuration change left data exposed on the internet and let a third-party access its data  —  [10:30PM PT] We have learned that some data was exposed to the internet due to an error in a Twitch server configuration change that was subsequently accessed by a malicious third party.
RELATED:
Chris Scullion / Video Games Chronicle:
Twitch acknowledges a “breach” after a 4chan user leaks its source code, creator payouts from 2019-2021, proprietary SDKs, internal AWS services, and more
Reuters:
YouTube says it has removed R. Kelly's official channels following his conviction for sex trafficking, though his music catalog will remain on YouTube Music  —  Alphabet Inc's (GOOGL.O) YouTube said it has removed R&B singer R. Kelly's channels from its video platform, distancing itself …
Megan Brenan / Gallup:
Survey: 36% of Americans have a great or fair deal of trust in mass media, the second lowest on record, while 34% have no trust at all  —  WASHINGTON, D.C. — Americans' trust in the media to report the news fully, accurately and fairly has edged down four percentage points since last year to 36% …
Discussion: Mediaite, The Hill and New York Post
Reuters:
Twitter is selling mobile ad subsidiary MoPub to AppLovin for $1.05B, after acquiring it for nearly $350M in 2013  —  Twitter Inc (TWTR.N) said on Wednesday it has agreed to sell mobile ads company MoPub to AppLovin Corp (APP.O) for $1.05 billion in cash.  —  MoPub, which generated …
Alex Heath / The Verge:
Brandon Silverman, the founder and CEO of the Facebook-owned analytics tool CrowdTangle, is leaving the company; team members were reassigned several months ago  —  CrowdTangle has been caught up in an internal transparency battle at Facebook  —  Brandon Silverman, the founder and CEO …
Mike Butcher / TechCrunch:
Webrazzi, a Turkish outlet that covers tech startups, acquires Tech.eu, a tech startup site founded in 2013 by a TechCrunch alum  —  Webrazzi, the main tech startup media title in Turkey, has acquired Tech.eu, the long-time tech startup site in Europe.  The pooled entity of Webrazzi and Tech.eu …
Steven Perlberg / Insider:
Recurrent Ventures, owner of Popular Science and MEL, raises $75M from North Equity and expects to make 2-4 acquisitions in 2021 and nearly a 30% profit margin  —  - Recurrent Ventures, which owns MEL and Popular Science, has raised a total of $100 million to date.
Discussion: @perlberg
Tom Warren / The Verge:
UK's Sky unveils Sky Glass, a 4K TV in 43", 55", or 65" that uses Wi-Fi instead of satellite dishes, available as a standalone or as part of Sky Ultimate TV  —  Sky is transforming itself in the UK  —  British Satellite broadcaster Sky is moving away from the satellite dishes that have defined its TV service for decades.
Eric Berger / Ars Technica:
A new Russian law essentially bans a variety of space topics for reporters and bloggers, likely reducing coverage of Roscosmos within the country  —  “Will it affect the coverage of Roscosmos?  For sure it will.”  —  It is safe to say that Russian President Vladimir Putin is not a fan of independent media.
Yashraj Sharma / Rest of World:
Instagram usage exploded in India after the TikTok ban, but the creator economy is still devastated, and critics say Reels content is comparatively bland  —  “TikTok was a canteen; Instagram is a café.  But the canteen has better food, and the café serves costly coffee that not everyone drinks."
 
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 More News: 
Craig Newmark Graduate School of Journalism:
Comparative analysis finds that the Black press publishes more coverage on racism, health disparities, and voting access than the US mainstream media
Katie Robertson / New York Times:
Bustle relaunches Mic for a young, “extremely online” audience, with more pop culture coverage and less politics
 Earlier Picks: 
Sarah Perez / TechCrunch:
Spotify says it will let Anchor podcast creators in the US apply to join its programmatic ad marketplace Spotify Audience Network
Todd Spangler / Variety:
Snap expands Snapchat creator monetization programs, including Spotlight Challenges, which pays $25K+ to creators using specific sounds, topics, or AR lenses
John Shiffman / Reuters:
Review of court records details AT&T's role in creating and funding OANN; 90% of OANN's revenue comes from contracts with DirecTV and other AT&T services
Laura Hazard Owen / Nieman Lab:
Daily Mail Online ran a lawyer's full tweet thread as a sidebar to another story, then after he complained, put the tweets into the main story and paid him
 

 
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

Robert Burnson / Bloomberg:
Court filing: OpenAI says Elon Musk's claim that the company has abandoned its altruistic principles is “revisionist history” and a bid to boost his AI company

 
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