Top News:
Lauren Feiner / CNBC:
Twitter agrees to be acquired “by an entity wholly owned by Elon Musk” for $54.20 per share in cash; the ~$44B deal requires shareholder and regulatory approval — - Twitter's board accepted billionaire Elon Musk's offer to buy the social media company and take it private, the company confirmed.
Discussion:
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Brooke Singman / Fox News:
Trump says that, regardless of Elon Musk's Twitter purchase, “I am not going on Twitter, I am going to stay on Truth”, whose stock closed down 12.9% on Monday — Trump said a Musk Twitter takeover would be a positive development, but he will stay with his own platform
Discussion:
Washington Post, New York Times, ScreenRant, USA Today, Mediaite, Bloomberg, CNET, TechCrunch, Deadline, MediaPost, Media Matters for America, Variety, Breitbart, New York Post, Insider, The Wrap, MarketWatch, The Verge, Vox, Al Jazeera, The Verge, CNBC, Poynter, Politico, @maggienyt, The US Sun, Rolling Stone, @fredbenenson, Press Watch, @alexplitsas, @palafo, @frankluntz, @obrien, Defending Privacy and Reuters, more at Techmeme »
The Verge:
Elon Musk says he wants to improve Twitter by “making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans” — Elon Musk will buy Twitter for $45.5 billion — Twitter has accepted Elon Musk's offer to purchase the company for $45.5 billion …
Alex Sherman / CNBC:
Sources: rival strategies for CNN+, combined with unexpected events like Jeff Zucker's resignation and the Discovery merger, fueled the service's rapid demise — Chris Licht wasn't supposed to start his new job as CNN's chief until May. — But on Thursday he found himself addressing …
Discussion:
New York Times, @sherman4949, @esotericcd, @mccarthyryanj, @ggreenwald, @pilhofer, @sherman4949, @bgrueskin, New York Post, @jaspar, @dangillmor, @margarita, @brianbrackeen, FTVLive, @realityblurred, @gabrielroth, @vivian, @lindsaygoldwert, @niemanlab, @niemanlab, @cnbci, @_richardhall, @jonlemire, @thrasherxy, @kromandavid, @nytimes, @teflongeek and @benmullin
Helen Davidson / The Guardian:
Hong Kong's Foreign Correspondents' Club scraps the Human Rights Press Awards days before its plan to announce the winners, citing national security law fears — Foreign Correspondent's Club's decision sparks outrage from journalists and resignations from press freedom committee
Discussion:
Reuters, Financial Times, @hkliberty_team, @suzannenossel, Financial Times and @danstrumpf
Lucas Shaw / Bloomberg:
Sources: Netflix staff morale is down amid its declining stock price, subscriber losses, and an engineering restructuring to create “junior” and “senior” levels — As Netflix shares plunge to their lowest point in five years, the company risks losing its most valuable resource: its star employees.
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Charlotte Tobitt / Press Gazette:
Guardian, Financial Times, and Mirror journalists were excluded from the UK Home Secretary's trip to Rwanda, where she signed a controversial asylum seeker deal — Journalists from the Guardian, Financial Times and Mirror were allegedly blocked from joining Home Secretary Priti Patel's trip to Rwanda this month.
Tim Peterson / Digiday:
Roku partners with Analytic Partners, Ipsos, IRI, and Nielsen to provide more ad data for marketing mix modeling and help it better compete with traditional TV — To catalyze the shift of TV ad dollars to streaming will require not only proof of streaming's performance but evidence of what makes it perform.
Todd Spangler / Variety:
Toni Reid joins YouTube as VP of product management to oversee Shorts, Gaming, livestreaming, and community products, after 24 years at Amazon — Toni Reid, after 24 years at Amazon, is joining YouTube as VP of product management to lead the video platform's Emerging Experiences and Community team.
Discussion:
Tubefilter
Margaret Sullivan / Washington Post:
Joe Kahn's openness to criticism can help The New York Times, which hasn't had an ombudsman since 2017, rethink its approach to politics and government coverage — I know him. Here's why I think he might be the man for this perilous moment. — Unlike The Washington Post …
Discussion:
@jamesfallows, @lisatozzi, @taylorlorenz, @porter_anderson, @washingtonpost, @amlwhere, @jayrosen_nyu, @jeffjarvis, @kheller, @kimzetter, @ericswalwell, @jayrosen_nyu, @wajahatali, @michelemclellan, @digiphile, @mickimaynard, @mattgurney, @rschles, @sulliview, @jayrosen_nyu, @sulliview, @kbandersen and @byronyork
Kyle Paoletta / The Nation:
A look at The New York Times Book Review as it tries to uphold its long tradition of being “a political Switzerland” in the social media age — What does the future hold for one of United States' oldest literary institutions? — For more than a century, The New York Times Book Review …
Discussion:
bookforum.com and The Washington Review of Books
Sky News:
The UK's Commons Speaker summons Mail on Sunday's editor over an article citing MPs saying Labour leader Angela Rayner distracted Boris Johnson with her legs — Boris Johnson said he deplored the article about Labour's deputy leader and Labour leader Sir Keir Starmer said the “misogynist” culture at Westminster must change.
Josh Ye / Reuters:
Sources: Tencent-controlled Chinese video game streaming service Huya, which rivals DouYu, plans to lay off hundreds of staff; Huya had 2,075 employees in 2020 — Chinese video game streaming site Huya (HUYA.N) has started laying off staff, three sources close to the matter said …