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9:55 PM ET, April 28, 2022

Mediagazer

 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 …
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.
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  —  Sensor Tower's “Q1 2022: Store Intelligence Data Digest” report saw HBO Max as a top contender for the most downloaded apps in the U.S …
 
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 More News: 
Aisha Malik / TechCrunch:
Snap partners with Live Nation to launch AR experiences built into concerts and festivals, starting with the Electric Daisy Carnival in Las Vegas in May
Discussion: Variety
 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:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Ben Glickman / Wall Street Journal:
IBM agrees to buy HashiCorp, which helps companies manage cloud infrastructure, in a deal valuing HashiCorp at $6.4B and expected to close by the end of 2024

Bob Van Voris / Bloomberg:
US prosecutors charge two founders of the Samourai Wallet crypto mixing service, saying it facilitated more than $100M in money laundering transactions

 
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