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2:35 AM ET, July 28, 2022

Mediagazer

 Top News: 
Abner Li / 9to5Google:
Google delays phasing out third-party cookies in Chrome to H2 2024, after deferring the plan from 2022 to 2023, citing the need for more Privacy Sandbox tests  —  Google was originally planning to get rid of third-party cookies in its browser by 2022, but that was later pushed back to 2023.
The Hollywood Reporter:
CEO Daniel Ek says Spotify plans to reduce the pace of hiring by 25%: “I do believe only the prepared survive, and we're preparing as if things could get worse”  —  As the music streaming giant's stock jumps, CEO Daniel Ek addresses macro-economic challenges, saying …
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Todd Spangler / Variety:
Spotify reports Q2 revenue up 23% YoY to €2.9B, a €125M net loss, up from €20M YoY, MAUs up 19% YoY to 433M, and Premium users up 14% YoY to 188M; stock up 12%  —  Spotify turned in strong numbers for the second quarter, beating expectations for total and paid subscriber adds and reporting 23% revenue growth.
Ingrid Lunden / TechCrunch:
Spotify has “decided to stop further production of Car Thing units” and will take a €31M charge, citing factors like “product demand and supply chain issues”
Charlotte Klein / Vanity Fair:
Some Republican candidates are barring mainstream media from events and ignoring debate requests as US midterm elections approach, favoring right-wing outlets  —  GOP politicians are increasingly shirking sit-down interviews, barring journalists from 2022 events, and skipping debates …
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Paul Farhi / Washington Post:
A profile of Governor Ron DeSantis' press secretary Christina Pushaw, who uses Twitter to attack journalists and mainstreamed the term “groomer” within the GOP
Laura Hazard Owen / Nieman Lab:
Institute for Nonprofit News: 65% of US nonprofit news site launches in 2021 were local; foundations remain the largest funding source for most outlets surveyed  —  Local news sites have accounted for 55% of all U.S. nonprofit news sites launched since 2017, and last year, 65% of launches were local …
Discussion: Poynter
Salvador Rodriguez / Wall Street Journal:
Meta reports its first-ever YoY quarterly revenue decline and issues a lowered Q3 forecast, citing a weak ad demand environment and macroeconomic uncertainty  —  Social-media giant missed Wall Street's sales expectation but added users—defying analysts' projections  —  The Tech Sector Is Taking a Beating.
Emma Roth / The Verge:
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Chris Stokel-Walker / Gizmodo:
Internal TikTok PR documents reveal suggested responses to difficult questions, including downplaying AI, parent company ByteDance, and “the China association”
Sara Fischer / Axios:
Source and memo: Vox Media lays off 39 people, or less than 2% of its 2,000+ staff, including some in editorial, and will slow hiring, amid economic uncertainty  —  Vox Media is laying off 39 people, less than 2% of its total staff of more than 2000, in an effort to get ahead of economic uncertainty …
Sara Fischer / Axios:
Hulu now accepts political issue ads, after Democrats complained over rejected ads around guns and abortions, matching the policies of Disney's cable networks  —  Disney on Wednesday confirmed to Axios that it would allow political issue ads — in addition to candidate ads …
Taylor Lorenz / Taylor Lorenz's Newsletter:
Nostalgia for the “old”, chronological Instagram makes sense but belies changing norms around online sharing, communication, privacy, and engaging content  —  It isn't just the platform that has changed, we have too.  —  Over the past few days there's been a movement to “Make Instagram Instagram again.”
RELATED:
Taylor Lorenz / Washington Post:
Source: Meta is forming an advisory board composed of top entertainment executives, managers, and publicists; the board will not advise on product changes
Rick Edmonds / Poynter:
Money, the finance magazine that converted to digital-only in 2019, becomes the exclusive syndicated provider of finance news to McClatchy's 29 local outlets  —  Contrary to the unsual hedge fund narrative, McClatchy is increasing its editorial investment  —  Money, the longtime personal …
Jon Harris / Buffalo News:
The Buffalo News names Sheila Rayam as executive editor, the first Black journalist and the second woman to hold the position in the outlet's 142-year history  —  Longtime journalist Sheila Rayam has been named executive editor of The Buffalo News, the first Black journalist and the second woman …
 
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 More News: 
Dan Taylor / Tech.eu:
Madrid-based Seedtag, which offers brands a cookie-less contextual advertising engine, raised €250M+ from Advent, following a $40M Series B in September 2021
 Earlier Picks: 
Peter Beaumont / The Guardian:
The UK government sanctions Graham Phillips, a British citizen and YouTuber who broadcasts pro-Kremlin material from Russian-occupied areas of Ukraine
The Daily Beast:
Sources: ABC's The View plans to name former White House communications director Alyssa Farah Griffin as its conservative co-host, filling Meghan McCain's slot