Top News:
Oliver Darcy / CNN:
Sources: tech news website Protocol, launched by former Politico owner Robert Allbritton in February 2020, will close later this week and lay off its ~60 staff — New York CNN Business — Protocol, the upstart technology news website launched by former Politico owner …
Discussion:
@oliverdarcy, @issielapowsky, Observer, @nickstatt, The Information, New York Post, @caitlinwolper, @bombur, @tonyromm, @markyarm, @passantino, @fmanjoo, @ballmatthew, @jbenton, @thedextriarchy, @taylorlorenz, @dgoodison, @scottnover, @maxwelltani, @aricohn, @laura_adamczyk, @tcarmody, @kcoxdc, @jank0, @birnbaum_e, @film_girl, @patbits, @patrickmcgee_, @sheila_dang, @dannyjpalmer, @benbrodydc, @keithchu, @ashleymayer, @edzitron, @pierce, @mmasnick, @jake_k, @gaberivera, @karlbode, @ebonybowden, @himichellema, @bendreyfuss, @rmac18, @anna_c_kramer, @tcarmody, @jtemple, @zeyiyang, @jamesliamcook, @blkahn, @emilydreyfuss, @donie, @viacristiano, @senatorshoshana, @tcarmody, @karlbode and @jasonhowell, more at Techmeme »
Donie O'Sullivan / CNN:
Meta reminds Facebook fact-checking partners that “political speech is ineligible for fact-checking”, ahead of Donald Trump potentially announcing a 2024 run — Facebook's fact-checkers will need to stop fact-checking former President Donald Trump if he announces that he is running …
Discussion:
@donie, The Wrap, Mediaite, @ashtonpittman, @reichlinmelnick, @qjurecic, @mattnegrin, @jonathanlack, @grahamstarr, @crewcrew, @edbott, @tseymat, @sifill_, @donie, @donie, @donie, @dangillmor, @fmanjoo, @emilybell and @jason_kint
Alex Sherman / CNBC:
WBD CEO David Zaslav says the ad market is weaker than in 2020 and that HBO went from making $2B+ in 2019 to losing ~$3B in 2021 as content spending surged — - Warner Bros. Discovery CEO David Zaslav spoke Tuesday at RBC's 2022 Global TIMT Conference in New York.
Discussion:
The Hollywood Reporter, Insider, @jbflint, Gizmodo, @pwthornton, SlashFilm, The Playlist, @jbflint, Front Office Sports, @jbflint, @sherman4949, Deadline, The Wrap and Variety
RELATED:
Jeff Kotuby / The Streamable:
WBD CEO David Zaslav says the company will be “very disciplined” when its NBA contract expires after the 2024-2025 season: “We don't have to have the NBA” — In less than one year as CEO of Warner Bros. Discovery, David Zaslav has made some “interesting” comments …
Matt Novak / Gizmodo:
The New York Times' bizarre SBF profile presents the founder through a gauzy lens, doesn't contextualize his assertions, and gives him the benefit of the doubt — FTX filed for bankruptcy on Friday, leaving reasonable people to wonder how a cryptocurrency platform founded in 2019 …
Discussion:
New York Times, @ercwl, CoinDesk, @austen, @aaron_renn, @dandarkpill, New York Post, @mayazi, @adamscochran, @dominicmadori, The Verge, @ulonnaya, @coloradotravis, @trungtphan, @shitmgmtsays, @renato_mariotti, @0xsisyphus, Tismaneanu & Tiramisu, @jamesgleick, @johnedeaton1, @abelmike, @coloradotravis, @dominic2306, Brad DeLong's Grasping Reality, @krugermacro, @chainlinkgod, Fortune, @kevinroose, @diviacaroline, @antoniogm, Cointelegraph, bookforum.com and Insider, more at Techmeme »
Axios:
Sources: the consortium in exclusive talks to buy Forbes Media includes investment firms GSV Ventures and SUN Group, and the deal would value Forbes at ~$800M — After a chaotic path ended in a failed SPAC IPO earlier this year, Forbes Media is now in exclusive talks to sell to a consortium …
Discussion:
Observer and Talking Biz News
Mike Masnick / Techdirt:
Techdirt no longer plans to embed tweets due to Twitter's “erratic and unpredictable situation”, instead using screenshots, the tweet text, or a description — I sent this notice around internally here at Techdirt, but figured it might be useful to state this publicly.
Discussion:
@mmasnick, @gabrielsnyder, @dangillmor, @cathygellis, @gabrielsnyder and Mike's List
Manori Ravindran / Variety:
A Writers' Guild of Great Britain survey finds 55% of 250+ writers say that rising energy and food costs are impacting their ability to sustain a writing career — The Writers' Guild of Great Britain has warned that its members are set to face the sharp edges of the U.K.'s cost-of-living crisis this winter …
Discussion:
The Bookseller
Lauren Forristal / TechCrunch:
Netflix launches Manage Access and Devices, which lets account owners identify and remotely log out of devices they do not recognize or no longer want signed in — Want to kick your ex off your Netflix account without having to change your password? A new Netflix feature will make that possible.
Discussion:
Variety, @scottygb, The Streamable, The Verge and Decider, more at Techmeme »
Financial Times:
YouTube introduces Shorts shopping features, letting users buy products while scrolling through videos, diversifying its revenue streams during a weak ad market — World's biggest online videos platform seeks new forms of revenue — YouTube is ramping up its push into ecommerce …
Discussion:
CNET, PRWeek, The Verge, @mattnavarra, TechCrunch and City A.M., more at Techmeme »
Sara Fischer / Axios:
Sources: European private equity firm CVC Capital and media collective Group Black are pursuing a joint bid to buy Vox Media, though Vox is not looking to sell — CVC Capital Partners and Group Black are pursuing a joint bid to buy Vox Media, according to sources familiar with the matter.
Discussion:
The Information, @jessicalessin, @joshtpm, @ethangach, @strngwys and The Wrap, more at Techmeme »
Dominic Ponsford / Press Gazette:
The editor of the UK's Tortoise says podcasting is profitable for the slow news publisher and the “bedrock of everything we do”, despite huge investment costs — The editor of Tortoise Studios, Ceri Thomas, has told Press Gazette how podcasts went from an experiment …
Discussion:
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