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.
Discussion:
Insider, The Keyword, Digiday, Mumbrella, AdExchanger, @aexm, The Drum, The Verge, @martinsfp, StreetInsider.com and MediaPost, more at Techmeme »
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 …
Discussion:
Axios, @sarafischer, Spotify, The Verge, Deadline, Fast Company and Business Wire
RELATED:
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.
Discussion:
Digiday, Music Business Worldwide, Spotify Investor Relations, @kevinbrennanmp, TechCrunch, @eldsjal, @dada_drummer, Music Technology Policy, @trengriffin, @lucas_shaw, @lucas_shaw, @jherskowitz, @richlightshed, @aagave, @tvgrimreaper, @tvgrimreaper, @livesquawk, Digital Music News, Ad Age, Billboard, CNET and Hypebot, more at Techmeme »
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”
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”
Discussion:
@chrismessina, The Desk, @heilemann, @lexnfx, ScreenRant, 9to5Google, @ashleyrcarman, @ashleyrcarman, @ashleyrcarman, TechRadar, Gizmodo, CNET, 9to5Mac and The Verge, more at Techmeme »
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 …
Discussion:
@jeff_jacoby, @jonathanchait, @jason_a_w, @karlbode, @aaronhuertas, @msignorile, @isaacdovere, @reportercioffi, @jonathanchait, @pbump, New York Magazine, @davereaboi, @joetalkshow, @greg_price11, @jameslynch32, @mattgertz, @arkansasblog, @mlcalderone, New York Magazine and Media Matters for America
RELATED:
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
A profile of Governor Ron DeSantis' press secretary Christina Pushaw, who uses Twitter to attack journalists and mainstreamed the term “groomer” within the GOP
Discussion:
@jayrosen_nyu, @ryanlcooper, @hshaban, @kemc, @adamdavidson, @jason_howerton, @jackhealynyt, @juansaaa, @dandrezner, @murphymike, @soledadobrien, @ianmsc, @mattdpearce, @drewharwell, @timjgraham and @mlcalderone
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.
Discussion:
Variety, BIG by Matt Stoller, Facebook, Transistori, Axios, @arpitrage, New York Times, Forbes, CNBC, @levynews, CNBC, @ryanbarwick, Fortune and Protocol, more at Techmeme »
Emma Roth / The Verge:
TikTok plans to give select researchers “public and anonymized data” from its platform and moderation system to “assess content and trends or conducts tests” — The move comes hours after a report reveals TikTok's efforts to distance itself from China
RELATED:
Chris Stokel-Walker / Gizmodo:
Internal TikTok PR documents reveal suggested responses to difficult questions, including downplaying AI, parent company ByteDance, and “the China association”
Internal TikTok PR documents reveal suggested responses to difficult questions, including downplaying AI, parent company ByteDance, and “the China association”
Discussion:
Scope Creep 🎯, @annalecta, @thatdanstewart, @jimhansondc, Tubefilter, New York Post, @stokel, @iblametom, Insider, @stokel, @alexhern, TechCrunch, Newslit Daily, Fortune and BuzzFeed News, more at Techmeme »
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 …
Discussion:
CNBC, @oliverdarcy, @ewerickson, Discourse Blog, @marisakabas, @tvgrimreaper, @oliverdarcy, @sarafischer, @heminator, @seanagnew, @jason_howerton, @sherman4949, Variety and MediaPost
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 …
Discussion:
Variety, Washington Post, UPI, @neontaster, @lesliemac, The Week, 𝘠𝘌 …, @issielapowsky, The Hollywood Reporter, Vanity Fair, @kestral52, @sarafischer, @sarafischer, Mediaite, Los Angeles Times, CNET, The Streamable, Bloomberg, Protocol, The A.V. Club, MediaPost, Media Play News, Forbes, Gizmodo, Insider, IndieWire, The Verge, The Wrap, @sifill_, Decider and Rolling Stone
Jackson Richman / Mediaite:
After Turning Point USA sent a cease-and-desist to ABC News, The View apologizes for associating the youth group with neo-Nazis who protested outside its summit — The View apologized for lumping in Turning Point USA with neo-Nazis who protested outside the pro-Trump youth group's summit.
Discussion:
@johnrobertsfox, Decider, Fox News, American Greatness, Deadline and The Hill
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.”
Discussion:
Mascarpone, @theurbanjuror, @rossreports, @boopfashionista, @rrroooiiirrr, @_zeets, @alex, @taylorlorenz, @caseynewton, @taylorlorenz and @taylorlorenz, more at Techmeme »
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
Source: Meta is forming an advisory board composed of top entertainment executives, managers, and publicists; the board will not advise on product changes
Discussion:
Insider, TechCrunch, Los Angeles Times, The Week, The Signal, @arainert, Today in Tabs, @jessespector, @taylorlorenz, @edwardbarsamian, @taylorlorenz, @taylorlorenz and @drewharwell
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 …
Discussion:
American Press Institute, @joespectorny and @sulliview