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Sources: Meta begins telling its ~50 US news partners that the company will not renew its three-year deals from 2019 to pay for content in Facebook's News Tab — Meta on Tuesday began telling its news partners in the U.S. that the company no longer plans to pay publishers for their content …
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The Unraveling, CNET, Social Media Today, @jason, @rmc031, Gizmodo, @mmasnick, @jeremylittau, @mathewi, @edzitron, @mikeorren, @jamesrbuk, @zigmanfreud, @drewmcweeny, @mattbrownep, @davidfolkenflik, @sarafischer, @amasna, Wall Street Journal, @joshelman, @jeremylittau, @scottbrodbeck, @jeremylittau, @raph_bloch, @wickdchiq, Columbia Journalism Review, @elipariser, @jeremylittau, @yoda, @jeremylittau and @jeremylittau, more at Techmeme »


NBCUniversal reports Q2 revenue up 18.7% YoY to $9.4B and adjusted EBITDA up 19.5% YoY to $1.9B; Peacock lost $467M as its subscribers stayed flat QoQ at 13M — - Comcast's broadband subscribers were flat at 32.2 million for the quarter. The company said it lost 30,000 this month alone.


Adam Mosseri says Instagram will roll back some recent changes after a week of mounting criticism, including temporarily reducing the number of recommendations — Say goodbye to the full-screen feed, and at least some of those recommendations — for now. Adam Mosseri explains why
Discussion:
Insider, TechCrunch, PARADE Magazine, Slate, Social Media Today, The Information, Mashable, Gizmodo, Adweek, BuzzFeed News, @kelsaywhat, Ed Zitron's Where's Your Ed At, The Verge, People vs Algorithms, @lisatozzi, @parismartineau, @frankpallotta, @michaelmiraflor, 9to5Mac, @oduneweniyi, @delia_cai, dont be boring, @fabiochiusi, @reckless, @rob_sheridan, @brianstelter, @kateconger, @dz and @seyitaylor, more at Techmeme »


How Florida Power & Light bankrolled and controlled the Capitolist, which portrayed itself as a feisty independent outlet, to bash Florida Power & Light critics — When Florida Power & Light faced a spate of bad publicity and political blowback, a small but ambitious news website called …
Discussion:
@blaskey_s, @bgrueskin, @racheyy_marie, @evesamples, @carlosgsmith, @conarck, Substack, @samjmintz, @matthewdalywdc, Occupy Democrats, Gizmodo, Poynter and The Guardian


Roku misses with Q2 revenue up 18% YoY to $764M, vs. $805.2M est., 200M fewer streaming hours at 20.7B, and 1.8M active accounts added to 63.1M; stock down 25%+ — Roku fell short of Wall Street financial forecasts for the second quarter — and the streaming platform saw the number of hours streamed by customers drop from Q1.


Over 400 TV creators and showrunners demand that Netflix, Disney, WBD, NBCU, Apple, and others publish policies to protect employees in abortion-banning states — On Thursday morning, a collective of more than 400 television creators and showrunners sent a letter to top-level executives at Netflix …
Discussion:
Forbes, @adamconover, @itslizhannah, @lenadunham, @meganeabbott, @junkyardmessiah, 9to5Mac, @caissie, @melissahilfers, @atticalocke, @wendymolyneux, Deadline, Rolling Stone, @jholtham, @kateaurthur, @stephanielaing, @allcharisma, @janevandis, @henderson_joe, @cadlymack, @liztigelaar, @lizalps, @thelizfeldman, @alinebmckenna, @susanmcp1 and @brendengallager


Warner Bros. Discovery hires Alan Horn as a consultant; Horn left Disney in 2021 after serving as The Walt Disney Studios' chief creative officer and co-chair — Disney's former chief creative officer Alan Horn is joining Warner Bros. Discovery. — Horn, who retired from Disney in 2021 …
Discussion:
Observer, The Wrap, @sherazfarooqi_, @blackmajikman90, @richlightshed and @loudmouthjulia


Apple reports Services revenue grew 12% YoY to $19.6B in Q3 2022 and 860M paying subscribers globally across all its services, up from 825M in Q2 2022 — - Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations for sales and profit but showed slowing growth for the iPhone maker.
Discussion:
Reuters, @kifleswing, 9to5Mac, @timkhiggins, @jyarow, @charlesadler and AppleInsider, more at Techmeme »


YouTube rolls out a new tool that lets creators select up to 60 seconds of any video they posted and turn it into Shorts content, available on Android and iOS — YouTube wants to quickly ramp up the number of short-form “Shorts” videos available on its platform in order to better compete with TikTok.
Discussion:
@killedbygoogle, Mashable and Tubefilter


NLA Media Access helped get 50K+ articles from 1K fake or illegitimate news sites removed in the UK in 2021, up from ~20K articles and 700+ sources in 2020 — The number of cloned and ripped-off news articles successfully taken down from “pretty sophisticated fake sites” …
Discussion:
American Press Institute


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:
The Keyword, Insider, Digiday, Reclaim The Net, TechRadar, @campuscodi, @simonjharris, @johnwilander, @larakiara, The Register, @aexm, Mumbrella, @martinsfp, MediaPost, AdExchanger, The Verge, The Drum and StreetInsider.com


Amazon reports Q2 advertising services revenue grew 18% YoY to $8.76B, vs. $8.65B est., and subscription services grew 10% YoY to $8.72B — - Amazon reported second-quarter results on Thursday that beat on the top line. — It also gave upbeat guidance for the third quarter.
Discussion:
Ad Age, @danielnewmanuv, @stevekopack, @jonathanvanian, @annierpalmer, @mpelletiercio, @anthony, @samro, @paulpage, @levynews, @mattrosoff and Wall Street Journal, more at Techmeme »