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6:40 PM ET, October 20, 2022

Mediagazer

 Top News: 
Laura Wagner / Defector:
New York Times:
Sources: Puck, which is approaching 20K paid subscribers, recently held talks with potential investors with a goal of raising ~$15M at a $75M+ valuation  —  The humble email newsletter, which became a star in its own right, appears headed back to earth.  —  Meta, which owns Facebook, is killing Bulletin, its newsletter product.
Jonathan Vanian / CNBC:
Snap reports Q3 revenue up 6% YoY to $1.13B, vs. $ 1.14B est., DAUs up 19% YoY to 363M, vs. 358.2M est., a $360M net loss, up from $72M YoY; stock is down 20%+  —  - Snap beat analysts' expectations on earnings per share but missed on revenue.  — The company's board authorized a stock repurchase program of up to $500 million.
Wall Street Journal:
Thomas Germain / Gizmodo:
Google now lets users disable targeted ads without breaking useful features by having to turn off settings like Web & App Activity and YouTube History  —  In a major fix, Google's own privacy settings will no longer disable crucial features of its apps.  —  Alerts
Mariella Moon / Engadget:
Google launches News Showcase in France, partners with 65+ publishers representing 130+ outlets, and plans to give away “a limited amount” of paywalled content  —  Google has launched News Showcase in France, and it has teamed up with over 65 publishers representing over 130 publications …
Discussion: The Keyword
Aisha Majid / Press Gazette:
Study finds the number of push alerts sent by publishers was 2% higher in 2021 than in 2019 and 28% higher than in 2018; 3% were opened at time of sending  —  The instant traffic hit from push alerts means that most publishers are now using them every day, regardless of whether the content …
Discussion: Nieman Lab
Katelyn Newberg / Las Vegas Review-Journal:
Las Vegas police ask the Nevada Supreme Court to reverse a judge's ruling that bars officials from searching slain investigative reporter Jeff German's devices  —  The Metropolitan Police Department has appealed a judge's decision to bar officials from searching the personal devices …
Discussion: Associated Press
Jon Lafayette / Next TV:
Tastemade names Evan Bregman as its general manager of streaming and launches new streaming channel Tastemade Home on Amazon Freevee, Tubi, and Sling TV  —  Evan Bregman named general manager of streaming  —  Lifestyle content company Tastemade said it launched a new streaming channel …
Reveal:
Reveal from The Center for Investigative Reporting says Planet Aid paid $1.925M to settle fees under California's anti-SLAPP law, ending a six-year libel suit  —  Reveal from The Center for Investigative Reporting (CIR), the nation's oldest investigative journalism organization …
Paul Waldman / @paulwaldman1:
[Thread] A case study in how journalists let politicians lie: Punchbowl News amplified Kevin McCarthy's claim that the DOJ tagged some parents as “terrorists”  —  1. A case study in how journalists allow politicians to lie, ensuring that the more cynical a politician is, the greater the rewards for dishonesty will be, courtesy of Kevin McCarthy and @PunchbowlNews . Come with me...
Natasha Lomas / TechCrunch:
The UK's Ofcom publishes a report on its first year regulating video sharing sites, detailing how TikTok, Twitch, OnlyFans, and others tackle content challenges  —  The UK's media watchdog, Ofcom, has published a debut report on its first year regulating a selection of video-sharing platforms …
 
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 More News: 
Julia Felton / Greensburg Tribune-Review:
Union officials and workers say ~30 Pittsburgh Post-Gazette staff crossed the picket line after a narrow strike vote; the CWA provides $300/week strike benefits
Charles Pulliam-Moore / The Verge:
WBD partners with Web3 startup Eluvio to release The Lord of the Rings: The Fellowship of the Ring in full as a set of NFTs, to kick off its “WB Movieverse”
Gabby Miller / Columbia Journalism Review:
Journalists and academics say unions can help protect some journalists from newsroom cuts at chains like Gannett, and can benefit, but not save, the industry
 Earlier Picks: 
Simon Owens / Simon Owens's Media Newsletter:
Patreon faces more competition and lacks basic creator tools to find audiences and analyze content and traffic; memo: its valuation fell 70% over the past year
Dan Kennedy / Media Nation:
Opinion editor James Bennet and Semafor's Ben Smith leave out a lot about The New York Times firing Bennet, which wasn't just victimization by the “woke mob”
Anthony D'Alessandro / Deadline:
Sources: Walter Hamada has left Warner Bros. after four years as DC Films' president; he's the fifth WB studio exec to leave since David Zaslav became WBD's CEO
New York Times:
A look at Fox News CEO Suzanne Scott's work, boosting the network's consumer brand and facing legal scrutiny for her internal messages in Dominion's lawsuit
 

 
From Techmeme:

Andy Greenberg / Wired:
Cisco details a hacking campaign that penetrated multiple governments' networks using two zero-day flaws in its VPN and firewall Adaptive Security Appliances

Cheng Ting-Fang / Nikkei Asia:
TSMC unveils a new chip manufacturing technology called A16, and says the company plans to start producing its ultra-advanced 1.6nm chips by 2026

Ben Glickman / Wall Street Journal:
The US awards Micron up to $6.1B under the CHIPS Act, to support an up to $125B investment to build a “megafab” in New York and Idaho over the next 20 years

 
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