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8:55 AM ET, November 2, 2021

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 Top News: 
The Information:
Sources: FanDuel and DraftKings are among the companies that submitted bids to buy The Athletic, which is seeking a $750M+ valuation  —  Fantasy and sports betting providers, FanDuel and DraftKings, are among a number of companies that have submitted bids to buy sports news site The Athletic …
RELATED:
Kayleigh Barber / Digiday:
Sports publishers make millions on deals with sports betting companies but should remain cautious, as sportsbooks turn into competitors and consolidation looms
Ben Smith / New York Times:
The Information's Jessica Lessin analyzes tensions between tech execs including Zuckerberg and legacy media outlets, which execs associate with staff activism  —  Journalists and tech executives seem to be fighting each other to a draw in a battle that has no end in sight.
Amanda Silberling / TechCrunch:
Amazon says TikTok's app is now available on Fire TV in the US and Canada and is coming soon to Echo Show devices  —  Amazon announced today that a TikTok app is now available on its Amazon Fire TV for users in the U.S. and Canada.  The app is also coming soon to Echo Show devices.
Benjamin Mullin / Wall Street Journal:
Established news outlets compete for talent from Substack, Facebook Bulletin, and more as they build out newsletters, digital audio, and video  —  Substack, Facebook Bulletin pursue high-profile reporters and commentators, creating tension within news organizations
Emma Roth / The Verge:
Pinterest to launch a Pinterest TV shoppable live series on November 8, with weekday episodes airing in its app, featuring some of its top creators  —  The series will feature creators and celebrities, like Olympic athlete Tom Daley and popular makeup artist Manny MUA
Brodie Fenlon / CBC News:
CBC says it will keep Facebook comments closed on news posts, after turning them off in June and finding it improved the well-being of staff  —  We hope to make online spaces safer by minimizing harassment and abuse of our story subjects, commenters  —  Earlier this week …
Axios:
NewsWhip: interest in Facebook, measured by social media interactions per article, declined over 2021, with little mainstream attention for “Facebook Papers”  —  The Facebook Papers and whistleblower accounts were a public relations nightmare for Facebook, but so far …
William Turvill / Press Gazette:
Analysis: the top 50 US magazines by circulation retained 95% of sales through the pandemic, as print subscriptions fell 7% from 125M in 2019 to 116M in 2021  —  America's largest magazines retained 95% of their circulation through the Covid-19 crisis, Press Gazette research suggests.
Discussion: @pressgazette and @patrick_media
Patrick McGee / Financial Times:
Estimate: Apple's iOS App Tracking Transparency policy has cost Snap, Facebook, Twitter, and YouTube almost $10B in combined ad revenue in H2 2021  —  Forcing apps to ask for permission to track users for advertising purposes leads to big hit for social media platforms
Todd Spangler / Variety:
YouTube names veteran ad executive Tara Walpert Levy as VP of Americas, to oversee content partnerships across the US, Canada, Latin America, and Brazil  —  Tara Walpert Levy, a 10-year Google and YouTube veteran ad exec, is moving over to YouTube full-time in a big new role.
Mark Kleinman / Sky News:
Source: The Rothermere family is close to taking Daily Mail-owner DMGT private via a deal that involves injecting £400M+ into DMGT's three pension schemes  —  An agreement that would involve more than £400m being injected into the company's three pension schemes …
Discussion: @markkleinmansky
Lucas Shaw / Bloomberg:
With Spotify on pace to cross $1B in ad sales this year, a look at its growing ambitions in advertising and its plans to become the YouTube of podcasting  —  Millions of people watch videos of Joe Rogan's podcast.  They used to do that on YouTube, where Rogan posted full episodes.
 
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 More News: 
John Koblin / New York Times:
Viewership for Impeachment: American Crime Story, not on streaming services due to a 2016 Netflix deal, shows how cord cutting changed the cultural conversation
Jim Waterson / The Guardian:
UK relaunches the Ofcom chair recruitment process after tweaking the job description and interviewer lineup to favor a confrontational candidate like Paul Dacre
David Bloom / Forbes:
Tubular Labs launches Gross Ratings Points metrics of creators with 1M+ views/month on YouTube and Facebook, in the US, UK, Brazil, France, Mexico, and Germany
Discussion: nexttv.com and MediaPost
 Earlier Picks: 
BBC:
BBC rejects complaints that its article “We're being pressured into sex by some trans women” is transphobic and poorly evidenced
Press Gazette:
RT loses UK's Court of Appeal challenge over a £200K Ofcom fine for breaching impartiality rules in broadcasts about the Salisbury poisoning and the Syrian war
Ross Barkan / New York Magazine:
Profile of Matt Taibbi, the polarizing journalist that critics say turned into a “red-pilled culture warrior” on Substack, where he has 30K paying subs
 

 
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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