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4:30 PM ET, June 24, 2022

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 Top News: 
Davey Alba / Bloomberg:
Source: in February, Meta started an official internal process to shut down CrowdTangle, but paused the plan as the EU's Digital Services Act gained traction  —  On May 17, as several states held their primary elections, Jesse Littlewood searched the internet using a tool called CrowdTangle …
Variety:
Netflix lays off roughly 300 people out of its ~11,000 global employees, with the bulk of the jobs lost in the US, after initial job cuts of 150+ in May 2022  —  Layoffs have hit Netflix again, with the streamer letting go of roughly 300 staffers on Thursday, Variety has learned exclusively.
RELATED:
Patience Haggin / Wall Street Journal:
Ted Sarandos confirms Netflix is talking with potential partners to help launch an ad-supported tier and says the company might build its own ad business later  —  Streaming giant's Co-CEO Sarandos says the company wants a ‘pretty easy entry to the market’  —  CANNES, France …
Washington Post:
A look at the techniques used in the live broadcasts presenting the House January 6 committee's evidence, produced by former ABC News president James Goldston  —  The panel probing the Capitol attack is trying to turn its investigative grind into must-see television
Zheping Huang / Bloomberg:
How TikTok is cashing in on its exploding popularity; source: TikTok plans to grow its e-commerce gross merchandise volume to $2B in 2022 and $23B in 2023  —  Alyssa McKay used to work part-time at a frozen yogurt store in Portland, Oregon, making minimum wage to cover her college tuition.
Haroon Siddique / The Guardian:
The UK high court grants Brexit backer Arron Banks permission to appeal the judge's decision against him in his libel case against journalist Carole Cadwalladr  —  High court judge grants permission on one ground after ruling last week in Observer and Guardian journalist's favour
Discussion: @carolecadwalla
Brian Steinberg / Variety:
Fox Nation quietly starts running commercials; EVP says they are “very rare,” for “major partnerships,” and consist of billboards at the bottom of the screen  —  Streaming outlet Fox Nation is already running the commercials its larger rivals say they want to sell.
Marcela Valdes / New York Times:
US book publishing has had waves, and retreats, of fostering Black audiences; many cheer a new wave of diverse hires and books, but don't trust it will last  —  For generations, America's major publishers focused almost entirely on white readers.  Now a new cadre of executives like Lisa Lucas is trying to open up the industry.
Politico:
Books by Kellyanne Conway, Bill Barr, and other Trump administration aides are underperforming as they don't have news nuggets and don't appeal to MAGA circles  —  A year after Donald Trump lost the 2020 election, his former chief of staff Mark Meadows released a tell-all book about his 10 months …
 
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Alex Sherman / CNBC:
Semafor will be ad-supported for “six, 12, maybe 18 months” before adding a paywall and will hire talent agents to pair journalists with products and events
Deadline:
Warner Bros. Discovery acquired the Unprecedented three-part docuseries subpoenaed by the January 6 Committee, set to air on Discovery+ later in summer 2022
Jim Waterson / The Guardian:
News UK's talkTV ratings are far behind rivals and the flagship Piers Morgan show got 64K viewers on Monday; Murdoch has become involved in reviving the channel
 

 
From Techmeme:

Mark Gurman / Bloomberg:
Sources: Apple has renewed discussions with OpenAI about using its technology to power some features in iOS 18; talks with Google on using Gemini remain ongoing

Ryan Vlastelica / Bloomberg:
Alphabet closes above a $2T market cap for the first time, reaching a valuation of $2.15T after rising 10% on April 26, its biggest one-day jump since July 2015

Dustin Volz / Wall Street Journal:
Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a board for advising the DHS on deploying AI safely within US critical infrastructure

 
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