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10:10 PM ET, April 28, 2022

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 Top News: 
Natalie Oganesyan / The Wrap:
Source: Netflix lays off writers and editors from fan site Tudum, launched in December 2021, in a marketing reorganization that globally laid off 25 out of 500+  —  Netflix's companion fan website Tudum — the streaming service's hub for news about its original content and additional marketing arm …
Natalia Antelava / Coda Story:
Dozens of local newsrooms in Ukraine are experiencing drops in revenue and audience on Facebook and Instagram, as Meta broadly applies its disinformation rules  —  Valerii Garmash, a 42-year-old Ukrainian coder and entrepreneur, remembers the devastation Russians left behind in Slovyansk …
New York Times:
G/O Media acquires business news site Quartz for an undisclosed price; Quartz CEO and co-founder Zach Seward will stay on as Quartz EIC and general manager  —  The deal is the latest in a wave of consolidation among digital publishers.  —  G/O Media, the owner of websites that once belonged …
Washington Post:
Some US officials, including the LA County sheriff, are normalizing using power to attack or threaten journalists, sending an intimidating message to all media  —  A California sheriff's targeting of a reporter is the latest instance of authorities misusing power.
Financial Times:
In an email, Twitter reassures advertisers it will remain a safe place for brands after Elon Musk's takeover, as advocacy groups predict more toxicity and abuse  —  Campaigners and car manufacturers among groups to express concern over Tesla chief's $44bn takeover
RELATED:
Lauren Feiner / CNBC:
Twitter reports Q1 revenue of $1.2B, up 16% YoY, vs. $1.23B est., net income of $513M, and 229M mDAUs; Twitter says it won't offer guidance pending Musk's deal  —  - Twitter reported earnings for the first quarter of 2022.  — It could be one of its last as a public company after its board agreed …
Jiaxing Li / South China Morning Post:
China Computerworld, started in 1980 by IDG and a Chinese government agency, is closing amid financial losses; source: ~40 staffers haven't been paid since Feb.  —  China Computerworld was created in 1980 by US media firm IDG and China's Ministry of Industry and Information Technology …
Wall Street Journal:
Netflix's quest to grow in Asia faces formidable challenges, including a crowded field of foreign and local services, preferences for local content, and more  —  The competition is cutthroat across Asia, the world's key streaming battleground, with a crowded field of foreign and local services
Discussion: @wsj
Lauren Forristal / TechCrunch:
Amazon launches Audio Streaming for Hearing Aids on second-gen Fire TV Cubes for Starkey hearing aids, the first US streaming media player to support ASHA  —  Today, Amazon Fire TV announced the launch of Audio Streaming for Hearing Aids (ASHA) on Fire TV Cube (2nd gen) for compatible Bluetooth hearing aids from Starkey.
Michelle Ruiz / Vogue:
A look at the diverse group of female correspondents reporting from Ukraine with an in-depth, empathetic, almost impressionistic emphasis on civilian life  —  Isobel Yeung has maintained her composure while reporting on atrocities that some people can hardly stomach.
 
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 More News: 
Lauren Forristal / TechCrunch:
Sensor Tower: HBO Max had a 21% US download market share in Q1 2022, ahead of Disney+'s 17% and Netflix's 15%; Peacock, Hulu, and Prime Video had 10%+ each
Aisha Malik / TechCrunch:
Snap partners with Live Nation to launch AR experiences tied to concerts and festivals, starting with the Electric Daisy Carnival in Las Vegas in May
Discussion: Variety
Dade Hayes / Deadline:
Disney signs multiyear deal to take Schitt's Creek from Netflix to its own service Hulu; the comedy series' six seasons will arrive on Hulu beginning October 3
 Earlier Picks: 
Manish Singh / TechCrunch:
Amazon launches a movie rental service in India, available to Prime and non-Prime members, and unveils a slate of 41 original shows in Hindi, Tamil and Telugu
Discussion: Variety and Hollywood Reporter
Georg Szalai / The Hollywood Reporter:
NBCU reports Q1 revenue of $10.3B, up 46.6% YoY, as EBITDA reached $1.6B; Peacock had $472M revenue, a $456M loss, added 4M paid subscribers for 13M total
Ashley Carman / Bloomberg:
Spotify Q1: revenue rose 24% YoY to €2.66B, including €282M from ads, up 31% YoY; paid subs rose 15% YoY to 182M, despite losing 1.5M in Russia; stock down 12%+
 

 
From Techmeme:

Gaby Del Valle / The Verge:
The US Senate reauthorizes FISA's Section 702; some communication service providers had threatened to stop cooperating with the US government in case of a lapse

Daniel Wiessner / Reuters:
Google scraps a 2019 policy requiring US suppliers and staffing firms to pay their employees $15 an hour and provide health insurance and other benefits

Isabelle Bousquette / Wall Street Journal:
PCs that can run large AI models may drive an enterprise PC replacement cycle, but some CIOs say they'll wait for the category to mature and prices to come down

 
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