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9:10 AM ET, March 29, 2023

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Sara Fischer / Axios:
Substack invites its newsletter writers and others to invest, raising $5M+; source: the raise is an extension of Substack's $65M Series B in March 2021  —  Substack, the newsletter platform, will open up a community fundraising round on Tuesday, allowing writers on the platform to invest in the company.
Aamna Mohdin / The Guardian:
The Guardian owner Scott Trust apologizes for the role the newspaper's founders played in the slave trade and announces expanded reporting on Black communities  —  Scott Trust to invest in decade-long programme of restorative justice after academic research into newspaper's origins
James Rainey / Los Angeles Times:
A look at the decline of Gannett's The Salinas Californian, whose only original content comes from paid obituaries after its last reporter quit in December 2022  —  When brown water overflowed the banks of the Salinas River in January, flooding thousands of acres and throwing an untold number …
RELATED:
Charlotte Klein / Vanity Fair:
A profile of Kara Swisher where she explains why she left The New York Times, the importance of editorial control and owning your IP, writing a memoir, and more  —  The ultimate media insider is juggling podcasts, writing a memoir, and texting with “half the planet.”  ("She has a coffee before bed," says Ben Smith.)
Omari Daniels / Washington Post:
An appeals court restores Serial podcast subject Adnan Syed's murder conviction, after a lower court didn't give proper hearing notice to the victim's brother  —  A Maryland appellate court panel on Tuesday reinstated the murder conviction of “Serial” podcast subject Adnan Syed …
Ryan Barwick / Marketing Brew:
Google rolls out Ads Transparency Center, letting users search all ads on the platform within 30 days of them running  —  Users will be able to search all ads on the platform within 30 days of them running. … Get out your library cards and pay those late fees: Google is playing librarian.
@nytimesguild:
[Thread] Comparing compensation increases for The New York Times' CEO and other top executives to salaries for NewsGuild members, who are seeking a new contract  —  The @nytimes recently disclosed the latest compensation packages for our top executives. Among the highlights: Our C.E.O., @meredith_levien, was paid $7.6 million in 2022, up from $4.4 million in 2020. That's a 73% increase.
 
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 More News: 
Elias Leight / Billboard:
A Billboard charts analysis: it's a bit harder to get a top 40 hit than 20 years ago, but artists that do have similar odds of building a catalog of big tracks
 Earlier Picks: 
Alex Sherman / CNBC:
Digital media companies like BuzzFeed, Vice, and Vox, which focused on consolidation to counter Google and Meta, abandon rollups to focus on differentiation
Sewell Chan / The Texas Tribune:
The Texas Observer editors raise $200K+ in emergency funding through a GoFundMe drive and urge its board to reconsider its decision to shut down the magazine
Wall Street Journal:
Sources: Disney closes its metaverse unit, cutting ~50 jobs, and cancels an Amazon Prime-like program integrating Disney+, online retail, and theme park apps
The Daily Beast:
New York Times managing editors Carolyn Ryan and Marc Lacey held “tongue-lashing” meetings and wrote warnings to ~20 staff who blasted the NYT's trans coverage
The Verge:
Elon Musk says only verified accounts will be recommended in Twitter's For You tab and be able to vote in polls to address “AI bot swarms”, starting on April 15
 

 
From Techmeme:

Eugen Rochko / Mastodon Blog:
Mastodon forms a new US non-profit, to receive tax-deductible US donations and in-kind support, with Twitter co-founder Biz Stone and others on its board

William Brown / Firstyear's blog-a-log:
Google and Apple use passkeys to capture users by locking credentials into their platforms and have made the UX of passkeys worse than that of password managers

Mark Gurman / Bloomberg:
Sources: Apple has renewed discussions with OpenAI about using its technology to power some features in iOS 18; talks with Google on using Gemini remain ongoing

 
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