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6:10 PM ET, July 20, 2022

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 Top News: 
Knight Foundation:
The Knight Foundation announces $20K grants to 25 newsrooms to upgrade digital publishing tools; the program has provided $1.5M to 75 newsrooms over three years  —  Twenty-five newsrooms will receive $20,000 grants to deploy an improved publishing solution, in third year of Knight initiative in partnership with News Revenue Hub
The Guardian:
Guardian reports annual revenue for the year to April 2022 of £255.8M, up 13% YoY, and net operating inflow of £6.7M; digital revenue surpasses print, a first  —  Guardian Media Group (GMG) today announces outstanding financial results for the 12 months to 3 April 2022
Matthew Doig:
An LAT editor who worked on the story about drug use by a USC dean refutes the claims made in a book by an LAT reporter about editors trying to kill the story  —  An LA Times reporter's book claims corrupt editors — myself included — tried to protect USC from an embarrassing exposé.
Kyle Wiggers / TechCrunch:
Crunchbase has raised a $50M Series D led by Alignment Growth and says it attracts 75M+ unique visitors annually and recently surpassed 60,000 paying customers  —  In both down times and boom times, businesses across industries are faced with the challenge of building sales pipelines and closing revenue.
Josh Dzieza / The Verge:
A look at GPT-3-powered fiction writing tools like Sudowrite, which take text and propose plot twists, rewrite in specific tones, suggest metaphors, and more  —  On a Tuesday in mid-March, Jennifer Lepp was precisely 80.41 percent finished writing Bring Your Beach Owl, the latest installment …
Ashley Wong / New York Times:
A profile of Hell Gate, a five-person news outlet in New York City owned by the writers; the site has launched paid subscriptions of $6.99 a month or $70 a year  —  After years of being put through the wringer of New York City media, five journalists created Hell Gate, the blog-style news site run on their terms.
Haroon Siddique / The Guardian:
UK's justice secretary announces proposals for a three-stage test for courts in England and Wales to dismiss SLAPP lawsuits at an early stage  —  Strategic lawsuits against public participation have been used by rich to try to stifle free speech  —  Courts in England and Wales are to be granted …
Jay Peters / The Verge:
YouTube hires Rene Ritchie, a tech YouTuber and former editor-in-chief of iMore, as its new Creator Liaison  —  He's the company's second creator liaison  —  Rene Ritchie, the former editor-in-chief of Apple-focused site iMore who has been a full-time YouTuber for the past two years …
Charlotte Tobitt / Press Gazette:
Evening Standard editor Charlotte Ross departs suddenly; deputy editor Jack Lefley will become the paper's fourth editor or acting editor in just over two years  —  Evening Standard acting editor Charlotte Ross has left the newspaper with immediate effect.  —  Her exit means the Evgeny …
Todd Spangler / Variety:
Netflix ends customer service help via its @Netflixhelps Twitter account, established in February 2009, and says it will focus on help via Netflix's platforms  —  Netflix has quietly pulled the plug on its popular Twitter customer-help account after 13-plus years and more than 900,000 tweets, Variety has confirmed.
Brian Steinberg / Variety:
Memo: CNN CEO Chris Licht elevates Virginia Moseley to EVP of US-based editorial, in charge of newsgathering for TV and digital, and lays out other execs' roles  —  CNN's new chief expanded the news outlet's leadership team Wednesday, keeping some senior executives in place while adding new ones to the mix.
 
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 Earlier Picks: 
Karen Maniraho / Columbia Journalism Review:
Q&A with five internet culture journalists on how they describe their beat, decide what to cover, navigate algorithms, think about amplification, and more
Andrew Fedorov / The Fine Print:
Three Substack Local fellows say the year-long $1M grant program didn't offer much business support; co-founder Hamish McKenzie says success wasn't guaranteed
Todd Spangler / Variety:
Netflix plans to launch its cheaper, ad-supported plan in “the early part of 2023”, starting in “a handful of markets where advertising spend is significant”
Todd Spangler / Variety:
YouTube rolls out new shopping features, including a Shopify partnership to let eligible US creators and merchants link their Shopify store and YouTube channel
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

 
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