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11:10 PM ET, February 9, 2023

Mediagazer

 Top News: 
Sara Fischer / Axios:
Yahoo plans to lay off 20%+ of its workforce and restructure its ad tech unit, impacting 50%+ of the unit, or 1,600+ people; CEO says the cuts are “strategic”  —  Yahoo plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech unit, executives told Axios.
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Lillian Rizzo / CNBC:
Nelson Peltz drops his proxy fight after Disney unveils a reorganization, job cuts, and cost reductions: “Disney plans to do everything we wanted them to do”  —  Follow your favorite stocksCREATE FREE ACCOUNT  —  Nelson Peltz declared the proxy fight between his firm …
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Rebecca Picciotto / CNBC:
Disney CEO Bob Iger says “everything is on the table” when it comes to Hulu, after sharing his plans to pare back the company's general entertainment content  —  Follow your favorite stocksCREATE FREE ACCOUNT  —  Disney CEO Bob Iger said Thursday that “everything is on the table” with streaming service Hulu.
Jon Christian / Futurism:
Isobel Lewis / The Independent:
UK media watchdog IPSO plans to investigate Jeremy Clarkson's Sun column on Meghan Markle and publish the results, after receiving a record 25,100+ complaints  —  Press watchdog received more than 25,100 complaints about column  —  Culture secretary defends Jeremy Clarkson's ‘right to say what he wants’
Semafor:
Sources: two investors looking to buy Forbes, India's Shiv Khemka and Silicon Valley's GSV, seek to rope in US investors to smooth CFIUS' approval of the deal  —  Fear of U.S. government scrutiny is holding up a deal to sell Forbes to a foreign buyer, leaving the company scrambling …
 
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 More News: 
Todd Spangler / Variety:
Dish's Sling TV rebrands Sling Free to Sling Freestream, which will carry 210 free channels, 41K+ on-demand titles, and expand further by the end of spring 2023
Glenn Peoples / Billboard:
South Korean music company HYBE acquires Atlanta-based QC Media Holdings, which runs the hip-hop label Quality Control Music, for $250M cash and $50M in stock
 Earlier Picks: 
Sarah Grevy Gotfredsen / Columbia Journalism Review:
Tow Center analysis: ~4,000 journalists at US outlets tweeted 3% less per day on average after Elon Musk's takeover; those at right-leaning outlets tweeted more
NewsNation:
NewsNation reporter Evan Lambert was freed from jail late February 8 after being arrested giving a live report at Ohio Governor Mike DeWine's press conference
David Friend / Canadian Press:
Netflix rolls out its long-anticipated password sharing rules in Canada, New Zealand, Portugal, and Spain; other countries will be added in the next few months
Washington Post:
US House Oversight Committee members questioned three former Twitter executives about suppressing accounts, tweets, and the New York Post's Hunter Biden story
 

 
From Techmeme:

Elizabeth Lopatto / The Verge:
US judge sentences Binance founder Changpeng Zhao to four months in prison

Amazon:
Amazon Q1: revenue up 13% YoY to $143.3B, net income of $10.4B, vs. $3.2B YoY, operating income of $15.3B, vs. $4.8B YoY, subscription revenue up 11% to $10.7B

Jeff John Roberts / Fortune:
The US DOJ says it has charged Roger Ver, a well-known figure from the early days of Bitcoin, with filing false tax returns and more to evade paying nearly $50M

 
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