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2:15 PM ET, August 30, 2022

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 Top News: 
New York Times:
Sources: WaPo is on track to lose money in 2022 after years of profitability, and CEO Fred Ryan has floated cutting 100 roles; WaPo says it is not cutting staff  —  With digital subscriptions and digital advertising revenue stagnating, the company is on pace to lose money this year.
Todd Spangler / Variety:
YouTube Chief Business Officer Robert Kyncl plans to leave in early 2023 after 12+ years as a senior executive; Google veteran Mary Ellen Coe will replace him  —  Robert Kyncl will exit YouTube in early 2023 after more than 12 years as a senior exec at video giant.
Ryan Broderick / Garbage Day:
Social media election “war rooms” are set up to obscure the fact that misinformation and disinformation are integral parts of user-generated content platforms  —  Read to the end for a great Reddit post  —  The Election War Room Scam  —  We're less than three months away …
National Union of Journalists:
After Reach pay and workload talks break down, the UK's National Union of Journalists plans to strike on August 31 and from September 13 to September 15, 2022  —  Following two days of negotiations over the bank holiday weekend, brokered by ACAS the arbitration service, talks between the NUJ and Reach have broken down with no deal.
Colin Stutz / Billboard:
Sony Music sues Triller, claiming Triller has failed to pay licensing fees for months while continuing to use Sony's catalog after Sony terminated their deal  —  The record label says it's owned millions in monthly payments and for copyright infringement since it terminated their licensing agreement earlier this month.
RELATED:
Elahe Izadi / Washington Post:
Poynter and NewsGuild: Gannett's August 2022 layoffs cut at least 70 to 90 newsroom jobs, after a 35% drop in the newspaper's workforce from 2019 to 2021  —  The latest cutbacks at Gannett come amid an industry-wide trend of shrinking newspaper newsrooms  —  The only full-time news reporter …
Corbin Bolies / @corbinbolies:
Sources: Condé Nast's Allure magazine will end its print edition after its December issue and move to a digital-only model  —  SCOOP: @Allure_magazine will be ending its print run after its December issue, sources said, and it will feature Jennifer Aniston on the cover. The sudden announcement to staff last week had some afraid of layoffs, though a spokes said no changes are planned right now. Read: https://twitter.com/...
Discussion: @jeffjarvis and @cherylanneny
Joe Pompeo / Vanity Fair:
A look at The Washington Post's deal with Imagine and CAA to create content based on its archive and current reporting; four projects are in active development  —  Brian Grazer, Bryan Lourd, and Fred Ryan dish on the DC paper's partnership with Imagine and CAA, which already has four projects in development.
 
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 More News: 
Sara Fischer / Axios:
Australia-based sportsbook operator PointsBet launches a sports betting newsletter in partnership with Front Office Sports, as it aims to expand its US presence
Naman Ramachandran / Variety:
Disney Star licenses Indian TV rights for International Cricket Council tournaments to Zee from 2024 through 2027, opting to retain only the digital rights
Discussion: Bloomberg and Front Office Sports
Vikram Dodd / The Guardian:
Some UK police forces are asking officers to disclose personal ties with news reporters; some policing figures and freedom of speech groups oppose the clampdown
 Earlier Picks: 
Brandon Katz / The Wrap:
SEC filing: Triller raised $200M and is targeting a $3B valuation in its IPO before the end of 2022; source: Triller is on track for a $250M run rate in 2023
Discussion: @lthomasnews
The Guardian:
A look at Russia's propaganda drive in the occupied southern Ukrainian city of Kherson through a new TV station and a resurrected Soviet-era newspaper
Lucas Shaw / Bloomberg:
A look at the growing divergence between critics' reviews and viewers' ratings of top movies over the years; 2022 so far has the largest opinion gap to date
Calder McHugh / Politico:
A profile of Jelani Cobb, the Columbia Journalism School's new dean, as some say journalism schools feel slightly anachronistic and students worry about debt
 

 
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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