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9:40 AM ET, November 2, 2022

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 Top News: 
Elon Musk / @elonmusk:
Twitter Blue will soon cost $8/month, with half the ads, ability to post long video and audio, priority in replies, paywall bypass for some publishers, and more  —  Twitter's current lords & peasants system for who has or doesn't have a blue checkmark is bullshit. Power to the people! Blue for $8/month.
Discussion: @elonmusk, @elonmusk, @elonmusk, Insider, MediaNama, @elonmusk, Variety, @jason, Raw Story, The Guardian, CNBC, @jennyenicholson, @ia, @teslaownerssv, @vitalikbuterin, @asemota, @clarajeffery, @morganicink, @themaxburns, @michaelehayden, @dgisserious, @naval, @cameronwilson, @mmasnick, @snazzyq, @walkerbragman, @edroso, @everywhereist, @joshtpm, @robertmaguire_, @tomgara, @balajis, @alexmleo, @joshtpm, @mmasnick, The Indian Express, @karaswisher, @carlhigbie, @alexagagosz, @indyfromspace, @lilahsturges, @byyourlogic, @chuckwendig, @bradmossesq, @mattdpearce, @kairyssdal, @inmortalcrypto, @phil_lewis_, @mkbhd, @elonmusk, @davmicrot, @heathergtv, @bendreyfuss, @pbump, @grimkim, @mattdpearce, Digital Liturgies, @elivalley, @byyourlogic, @aaronhuertas, @ashleyrindsberg, @n_waters89, @sewellchan, @bendreyfuss, @katrosenfield, @mattbrownep, @atticusgf, @pbump, @julesterpak, @semaforben, @tim_burgess, @aravosis, @bantg, @gaywonk, @levinejonathan, @amandathejedi, @mattdpearce, @kwawkese, @drmistercody, @arunbothra, @taylorlorenz, @elonmusk, @timodc, @malwaretechblog, @oliverdarcy, @wongmjane, @readdanwrite, @digiphile, @rhysriddell, @cliffordlevy, @wsj, CNET, Fortune, American Greatness, Los Angeles Times, 9to5Mac, Bloomberg, al.com, PC Gamer, Gizmodo, The Information, The Verge, The Daily Wire, The Wrap, TechCrunch, Al Jazeera, Deadline, @perezhilton, Waivly, @thomasfuchs, @mekkaokereke, @film_girl, @bobcesca_go, @dariccott, @scottmonty, @therealhoarse, @aud_bowler, @pandemona, @ethank, Wall Street Journal, The Post Millennial and Axios, more at Techmeme »
RELATED:
Washington Post:
Internal email: Twitter appears to be rushing out a “high”-risk “Paywalled Video” feature, letting users charge to view their videos, with Twitter taking a cut  —  The tool would let video creators charge users for access.  The team working on it flagged big potential pitfalls.
New York Times:
Sources: ad holding company IPG has issued a recommendation through its media agencies for clients to pause spending on Twitter because of moderation concerns  —  At least three Twitter executives have left in recent days, as one of the world's largest ad companies said clients should pause spending on the social media platform.
Sara Fischer / Axios:
Twitter Chief Customer Officer Sarah Personette “resigned” after over four years and told ad partners the new administration is committed to brand safety
James Ball / New Statesman:
Elon Musk's plan to monetize Twitter verification risks alienating creators and advertisers while helping accounts spread fake news
Sara Fischer / Axios:
Insider EIC Nicholas Carlson plans to bring the stories of ~60 writers in front of the outlet's paywall, to bring in more traffic against which to sell ads  —  Insider is planning to restructure its newsroom to bring more content in front of its paywall, Nicholas Carlson, global editor-in-chief of Insider, told Axios.
RELATED:
The New York Times Company:
The NYT reports The Athletic generated $24.1M in Q3 revenue on a $9.6M loss; the sports outlet has lost nearly $29M in the three quarters since it was acquired  —  NEW YORK, November 2, 2022 - The New York Times Company (NYSE: NYT) announced today third- quarter 2022 diluted earnings per share …
New York Times:
A US judge blocking the Penguin-Simon & Schuster deal thwarts further consolidation while offering little clarity on the future for the companies or publishing  —  The uncertainty comes at a time when publishing is facing slumping sales after a pandemic boom, and fears of recession.
Georg Szalai / The Hollywood Reporter:
Paramount reports Q3 global streaming subscribers reached ~67M, up from 63.7M+ in Q2, and 46M+ Paramount+ subscribers, up from 43.3M in Q2  —  The Hollywood giant, led by CEO Bob Bakish, reports its third-quarter results.  —  Paramount Global reached nearly 67 million streaming subscribers worldwide …
New York Times:
Julie Powell, who blogged about trying to cook every recipe in Julia Child's Mastering the Art of French Cooking, dies at 49; her blog became a book and a movie  —  She documented her attempt to cook every recipe in Julia Child's “Mastering the Art of French Cooking” in a popular blog that became a best-selling book and a hit movie.
Nilay Patel / The Verge:
Q&A with Amazon VP of Music Steve Boom on running the unit, expanding benefits for Prime members, working with labels, the music industry, podcasts, and more  —  Apple Music raised its rates.  Will Amazon Music follow suit? … Steve Boom is the VP of Amazon Music, and he has a great name for the music business.
Reuters:
Thomson Reuters reports Q3 revenue up 3% YoY to $1.57B and maintains FY 2022 and 2023 guidance; CEO plans to be “quite a bit more aggressive” in acquisitions  —  Thomson Reuters Corp (TRI.TO) kept its financial guidance for this year and next after a forecast-beating rise …
 
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 More News: 
Jennifer Dunham / Committee to Protect Journalists:
CPJ Global Impunity Index: 263 journalists were murdered in retaliation for their work over the past decade, and no one has been convicted in 78% of those cases
Danny Hakim / New York Times:
Russia's RT, banned by major platforms in March 2022, has found an audience on Thiel-backed Rumble, often pushing Russian propaganda about the Ukraine invasion
 Earlier Picks: 
Sara Fischer / Axios:
Instagram is paying millennial-focused media company ATTN: six figures to create content to fight Spanish-language misinformation ahead of the 2022 US midterms
Sara Fischer / Axios:
Sources: CVC Capital Partners looks to provide equity and partner with Group Black on its bid to buy BDG Media; Blackstone also eyed a role in the acquisition
Brooks Barnes / New York Times:
Disney unveils a “limited test” offering select Disney+ show and film merchandise for US subscribers before it goes on sale in retail stores on November 8
 

 
From Techmeme:

Alphabet:
Alphabet Q1: revenue up 15% YoY to $80.5B, net income up 57% to $23.7B, Google Cloud revenue up 28% to $9.6B, and headcount down 5%; GOOG jumps 11%+ after hours

Microsoft:
Microsoft Q3: revenue up 17% YoY to $61.9B, net income up 20% to $21.9B, Office Commercial revenue up 13%, LinkedIn revenue up 10%; MSFT jumps 4%+ after hours

Reuters:
Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems
 
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