Top News:
Shawn McCreesh / New York Magazine:
BuzzFeed News' union holds a walkout, as shareholders vote on whether to take the company public via a SPAC, after two years of contract negotiations — BuzzFeed shareholders will vote today to take the company public via a merger with a special-purpose-acquisition company, or SPAC.
Discussion:
@bernstein, @bfnewsunion, Nieman Lab, @alexweprin, @alexweprin, @shawnmccreesh, @shockleysmith, @stevenbeynon, @walldo, @bcmerchant, @edgecgroup, @jackmirkinson, @juliareinstein, @louispeitzman, @felixsalmon, @nicolegoodkind, @brfreed, @leavittalone, @emilybell, @o_ema, @matt_on_tech, @hamiltonnolan, @cwarzel, @joeperticone, @zoetillman, @wirecutterunion, New York Times, @sarafischer, @addysbaird, @jbenmenachem, @morroweric, @choire and @mtredden
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Wall Street Journal:
Sources: BuzzFeed is expected to receive a fraction of the $287.5M held by the SPAC it is merging with as some investors pull out — The withdrawals are expected to substantially reduce digital media outlet's cash on hand; BuzzFeed is expected to receive a fraction of the $287.5 million held by SPAC
Discussion:
New York Post, TechCrunch, @bmorrissey, @shawnmccreesh, @wsj and @benmullin
Carlos Greer / New York Post:
Ex-Shape staffers say they worked 375 unpaid overtime hours on the new Sweet July magazine, were laid off, and then asked to return as temps for the next issue — Laid-off Meredith staffers have soured on the publishing company's new Sweet July magazine — helmed by Food Network star Ayesha Curry.
Discussion:
@meredithunion, @chactivist, @tatejamesdotcom, @cnbenton1, @chactivist, @meredithunion, @jackdickey, @niemanlab, @nyguild and @pagesix
Mathew Ingram / Columbia Journalism Review:
Journalists and activists worry Twitter's new privacy policy will be weaponized and make their jobs harder, due to vague terms like “the public interest” — On Tuesday, Twitter said it is expanding its privacy policy to include what the company calls “private media.”
Discussion:
@chadloder, Washington Post, @krisgoldsmith85, @chadloder, Reason, @chadloder, @k_trendacosta, @bobarchambault, @evacide, @llauralouisiana, @krisgoldsmith85, @billyarmagh, @jsource, @donlday, @kimcrayton1, @evacide, @blackamazon, @timheuer, @dkiesow, @mathewi, @dkiesow, @vv1lder, @berkmanonlyfans, @blackamazon, @jeffjarvis, @therikeys, @chadloder, @ericajoy, @kenny_wallace and Input
Jack Suntrup / St. Louis Post-Dispatch:
Emails: Missouri officials planned to thank the St. Louis Post-Dispatch for finding a data vulnerability before they threatened a reporter, calling him a hacker — JEFFERSON CITY — Before blaming the Post-Dispatch, the Department of Elementary and Secondary Education was preparing to thank …
Discussion:
@bradheath, @mmasnick, @doylemurphy, @shipwreckedcrew, @brentajones and @derekwillis
Caroline Davies / The Guardian:
Associated Newspapers, which owns the Mail on Sunday, loses its appeal for publishing Meghan Markle's letter to her estranged father, its second loss this year — ANL had brought appeal after duchess sued publisher over articles relating to letter she sent to estranged father
Alistair Gray / Financial Times:
The Rothermeres raise their bid to take Daily Mail and General Trust private by £35M, valuing the publisher at £2.75B; shareholders must decide by December 16 — Family's ‘final’ bid raises offer by £35m and, including dividends, values DMGT at about £2.75bn
Discussion:
Reuters, Bloomberg and The Guardian
Bron Maher / Press Gazette:
Meta adds £5.9M over two years and 18 trainee spots to its UK Community News Project, which pays for reporters' salaries and training — Meta, the tech giant behind Facebook, is putting an additional £5.9m into its Community News Project collaboration in the UK over the next two years.
Reid J. Epstein / New York Times:
Two Georgia election workers sue the far-right website Gateway Pundit for defamation over its false claims that the two manipulated ballots in 2020 — The two Georgia workers were falsely accused of manipulating ballots by Trump allies and right-wing news sites. Election officials said the workers did nothing wrong.
Discussion:
Georgia Public Broadcasting, Reuters, Newser, The Hill, NBC News, @mattortega, @oneunderscore__, @oneunderscore__, @oneunderscore__, @oneunderscore__, @oneunderscore__, @cliffordlevy, @patrickdmarley, @slpng_giants, @tripgabriel, @simonowens, @tripgabriel, @tripgabriel, @kyleorangio and @tripgabriel
Mia Sato / The Verge:
Five major education publishers sue Shopify for $500M+ over failing to remove pirated textbooks and other content that violate their trademarks and copyrights — Textbook pirates are selling stolen learning materials on the platform, according to a lawsuit
Discussion:
Publishers Weekly and Wall Street Journal, more at Techmeme »
Washington Post:
A coalition of news outlets sides with Steve Bannon in fighting to keep court documents public ahead of his case for refusing to testify before Congress — A coalition of news organizations, including The Washington Post, has sided with former Trump White House adviser Stephen K. Bannon …
Discussion:
New York Times, Vanity Fair, Daily Mail, @froomkin, @julie_kelly2 and The Hill
Radhika Anilkumar / Reuters:
Canadian video platform Rumble, popular with right-wing users, will go public via a SPAC at a $2.1B valuation and expects to raise around $400M — Canadian video platform Rumble Inc said on Wednesday it would go public by merging with blank-check firm CF Acquisition Corp VI (CFVI.O) at an initial enterprise value of $2.1 billion.
Discussion:
@silvermanjacob, @justinhendrix and @rubinreport, more at Techmeme »
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