Top News:
Parker Molloy / The Present Age:
Isaac Chotiner provides the blueprint for others when covering claims of “cancel culture”, inserting in-line fact checks in a Q&A with Alan Dershowitz — If such coverage must exist, it's time to go beyond the single-source story newspapers seem to have adopted as their preferred format when covering the topic.
Discussion:
New Yorker, The Atlantic, @stevenacook, @brosandprose, @nelson, @parkermolloy, @blackamazon, @misfittorah, @margoandhow, @ronhogan, The Wrap and The Daily Beast
Bron Maher / Press Gazette:
NewsGuard, which rates news outlets using multiple criteria for credibility, downgrades Fox News from green, or trustworthy, to red, or “proceed with caution” — Fox News' credibility score has been downgraded to “red” by media watchdog Newsguard, meaning it “fails to adhere to several basic journalistic standards”.
Discussion:
@nandoodles, @grahambrookie, @mrddmia, @pressgazette, @checkmyadshq, @pressgazette, @emilybell, @stopfundinghate, @mrddmia, @mrddmia, @moonalice, @jljacobson and @pressgazette
Justin Baragona / The Daily Beast:
Verizon Fios, the largest pay TV service still carrying far-right channel OANN, says it will no longer carry it after July 31, 2022, due to a carriage dispute — Verizon announced on Thursday that One America News will be removed from its channel lineup on July 31, leaving the far-right network with almost no TV providers.
Hannah Murphy / Financial Times:
Snap plans to “substantially reduce” hiring, authorizes a stock repurchase program of up to $500M, and locks in CEO and CTO roles until at least January 1, 2027 — Social media company said it will ‘substantially reduce’ hiring and shake up strategy
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Jonathan Vanian / CNBC:
Snap Q2: revenue up 13% YoY to $1.11B, vs. $1.14B est., DAUs up 18% to 347M, vs. 344.2M est., a $422M net loss, up from $152M YoY; stock falls 25%+ after hours
Discussion:
Ad Age, TechCrunch, Adweek, Axios, @benbajarin, @kantrowitz, @levynews and @sunchartist, more at Techmeme »
Jon Porter / The Verge:
Facebook splits the Feed on iOS and Android into Home, a TikTok-style tab with recommended content, and Feeds, a chronological tab of followed pages and people — While new Feeds tab will show chronological content from pages you actually follow — Facebook's almighty News Feed is getting split in two... kind of.
Discussion:
Axios, CNN, Meta, @pierce, @aaronbearden93, @sarafischer, @carnage4life, @richlightshed, @oliverdarcy, @kylewilsontharp, @jakemhs, @axios, @brendannyhan, @jaredlholt, Digital Trends, @jayrosen_nyu, @jamespmcleod, @fidmart85, @aria_gerson, @kerrymflynn, Android Headlines, @5dollarfeminist, @baekdal, Adweek, Engadget, TechCrunch and Mashable, more at Techmeme »
Sara Guaglione / Digiday:
Publishers that make money via affiliate marketing, including Hearst, Leaf Group, Future, Reviewed, and Wirecutter, say they saw record Amazon Prime Day sales — Despite unstable macroeconomic conditions and historic inflation in the U.S., many publishers had record Amazon's Prime …
Discussion:
@dcnorg, @digiday and @simonowens
Todd Spangler / Variety:
Netflix VP of Product Todd Yellin, who has worked at the company for almost 17 years, is leaving in September 2022 to pursue potential film and TV projects — Netflix veteran Todd Yellin, who has led the streamer's product teams spanning functions from user interface to pricing, is leaving the company.
Discussion:
@richlightshed, @jank0, @xpangler and The Hollywood Reporter
Dave Jamieson / HuffPost:
The Atlantic's tech and business workers tell management they plan to form a union with ~130 people in jobs like data analysis, software engineering, and sales — Workers are following in the footsteps of their editorial counterparts and asking the media company to recognize the union and bargain a contract.
Discussion:
@atlbiztechunion, @beep, nyguild.org, @newsroomdev, @ashleyfeinberg, @benschwartz710, @fhill_official and @atlbiztechunion
Benoit Berthelot / Bloomberg:
A profile of Vincent Bolloré, dubbed the “French Murdoch”, whose €20B conglomerate controls Vivendi, which owns Canal+, TV channel CNews, and publisher Hachette — The seven-part 2019 American television series “The Loudest Voice” on Roger Ailes …
Discussion:
@bbgneweconomy
Brian Morrissey / The Rebooting:
How Industry Dive, which has 26 publications in 23 industry segments and $100M+ in revenue, became highly profitable by embracing ads, making big bets, and more — Riches in niches — Publishing is often treated as a monolith, but there are many types of publishers with different business models.
Discussion:
@nataliegilmor, @simonowens, @seangriffey and @christopherwink
Sara Fischer / Axios:
Sources: CNN CEO Chris Licht met with Nancy Pelosi, Mitch McConnell, and a few other congressional leaders in an effort to strengthen CNN's ties with lawmakers — CNN CEO Chris Licht met with a handful of senior Congressional leaders from both sides of the aisle on Capitol Hill Tuesday …
Discussion:
@sarafischer, @sarafischer, @blackamazon, @andrewcfollett, @jayrosen_nyu, @henryrodgersdc, @keitholbermann and @mlcalderone
AJ Vicens / CyberScoop:
Ukraine says hackers attacked TAVR Media, which operates nine radio stations, to broadcast a fake message that President Zelenskyy was in critical condition — Cyber criminals attacked a Ukrainian company that operates nine “major” radio stations to spread a message that Ukrainian President …
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