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4:15 PM ET, April 20, 2023

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 Top News: 
New York Times:
Memo: BuzzFeed News is shutting down, and BuzzFeed is cutting jobs by ~15%; Jonah Peretti: “We will have a single news brand in HuffPost, which is profitable”  —  BuzzFeed News, which won a Pulitzer Prize but never made money, is “beginning the process of closing,” the company's founder …
Discussion: @oliverdarcy, Nieman Lab, Los Angeles Times, The Daily Beast, Wall Street Journal, NBC News, WWD, MediaPost, @benmullin, Axios, @gamoid, @davidmackau, @genepark, The Verge, @addysbaird, PenguinRandomhouse.com, @maxseddon, CNN, Fox News, Mediaite, The Wrap, NPR, Talking Biz News, The Information, @maxseddon, @paldhous, @tomgara, @katenocera, @jgrebes, @thebrianpenny, @bcmerchant, @petersterne, Variety, Poynter, @simonateba, @sizpatel, @katienotopoulos, @panzer, @atrupar, @tess_townsend, @rahawahaile, @matthewsitman, @iansherr, @rdrv3, @michaelrcaputo, @shannon_liao, @film_girl@mastodon.social, @film_girl@mastodon.social, @film_girl@mastodon.social, @medinamora, @lolacoaster, @mikeduncan, CNBC, @jowrotethis, CBS News, Gizmodo, New York Post, The Information, @niketa, @chelseacirruzzo, @kevincollier@mastodon.social, @edmundlee, @daveyalba, @freeblackgirl, @lwalubengo, @caseynewton@mastodon.social, @ncksmmrs, @bernstein, @kpfallon, @benmullin, @chaykak, @rdrv3, @mnshap, @fortesalatifi, @karlbode, @johnpaczkowski, @papapishu, @kelsaywhat, @oliverdarcy, @ericnewcomer, @oneunderscore__, @benmullin, @harry1t6, @bcmerchant, @haleaziz, @tomnamako, @alexckaufman, @sarahw, @tomgara, @calebjhull, @kateaurthur, @lucas_shaw, @jeffjarvis, @stephaniemlee, @sarahkendzior, @mediumsizemeech, @pfpicardi, @hansmahncke, @lucas_shaw, @markseibel, @euamiri, @katienotopoulos, @cbellantoni, @kenbensinger, @craftingmystyle, @skbaer, @davidmackau, @supermathskid, @vv1lder, @film_girl, @marcusgilmer, @jon_christian, @mcbyrne, @sarafischer, @kantrowitz, @pdmcleod, @GossiTheDog@cyberplace.social, @micsolana, @sarayasin, @kemc, @1followernodad, @oliverdarcy, @oliviasolon, @jbenton, @howelloneill@infosec.exchange, @radbrowndads, @awolfeful, @oliverdarcy, @johnpaczkowski, @jason, @pt, @reichlinmelnick, @abgutman, @jayasax, @byjoelanderson, @gregbensinger, @apbenven, @selviano, @kfile, @russbengtson, @ericnewcomer, @sapna, @silvermanjacob, @mikeisaac, @rvawonk, @nycsouthpaw, @wesyang, @valeriereports, @edzitron, @katie_robertson, @waouwwaouw, @cfarivar, @lucas_shaw, @sapna, @harrymccracken, @film_girl, @annabroges, @tomgara, @charliekirk11, @maxseddon, @jane__bradley, @hardin, @film_girl, @brandyzadrozny, @sdkstl, @agraybee and The Hollywood Reporter, more at Techmeme »
RELATED:
Ben Smith / Semafor:
The end of BuzzFeed News signals a vast shift in digital media: the old way of thinking about news, based on text and distributed via social media, has passed
Gerry Smith / Bloomberg:
BuzzFeed CRO Edgar Hernandez and COO Christian Baesler are leaving as part of the company's cutbacks; BZFD is down 20%+
Bron Maher / Press Gazette:
Insider is laying off about 10% of its US-based staff, affecting editorial and commercial roles; the company employs approximately 950 people globally  —  The company president emailed staff to inform them at 7am Eastern time on Thursday.  —  Insider is laying off 10% of its staff in the US …
Angela Fu / Poynter:
A deep look at changes at The Buffalo News: print and design outsourcing, employee furloughs, insurance snafus, fewer reporters, and more pay for Lee executives  —  Lee cut budgets, pushed out veterans and outsourced design and print production at a paper that had been spared the worst of the industry's decline.
RELATED:
Katherine Le Ruez / The Guardian:
The Guardian signs a licensing deal with British tech company Illuma, letting Illuma use The Guardian API to categorize article pages for contextual ad purposes  —  The Guardian has signed an agreement with a British technology company, Illuma, to categorise article pages for contextual advertising purposes …
Nate Saunders / ESPN.com:
The family of ex-F1 racer Michael Schumacher plans legal action against German magazine Die Aktuelle, which ran an AI-generated fake interview with the driver  —  Michael Schumacher's family plans to take legal action against a German magazine that ran an AI-generated interview with the Formula One legend.
Jef Feeley / Bloomberg:
Sources: the prospect of fired Fox News producer Abby Grossberg's secret recordings being played during trial helped push Fox News to its Dominion settlement  —  The prospect of a fired Fox News producer's secret recordings being played during trial helped push the conservative network …
Discussion: Gizmodo and @timobrien
RELATED:
CNN:
Sources and the mediator detail how Fox and Dominion settled, after Dominion notified Fox that Rupert Murdoch and Tucker Carlson were among its first witnesses
Washington Post:
The Fox-Dominion settlement is the largest publicly disclosed one in a US defamation case yet; sources: Fox doesn't have to make an on-air correction or apology
Mark Joyella / Forbes:
Fox News host Dan Bongino says he is leaving the network after unsuccessful contract talks, ending his shows Unfiltered with Dan Bongino and Canceled in the USA  —  Fox News has ended its relationship with Dan Bongino, who hosted the Saturday night show Unfiltered with Dan Bongino.
David Pierce / The Verge:
A look at ActivityPub, the open, decentralized social network protocol finalized in 2018 that is gaining prominence powering Twitter alternatives like Mastodon  —  The tech industry is abuzz about a new standard for social networking that is more open, more user-centric, and potentially more powerful than Twitter and Facebook.
Financial Times:
Winston Cho / The Hollywood Reporter:
Julia Rock / The Lever:
Fox says it can deduct the cost of its Dominion $787.5M payout; if Fox can write off the full payment, it could amount to an estimated $213M in tax savings  —  Fox's massive settlement with private equity-backed voting machine company Dominion Voting Systems didn't just spare …
 
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 More News: 
Liam Scott / Voice of America:
A judge convicted two reporters in North Carolina on April 19 of trespassing, after their 2021 arrest while covering a homeless encampment; they plan to appeal
 Earlier Picks: 
Matt Binder / Mashable:
Microsoft plans to drop Twitter support from its ad platform on April 25; users won't be able to access or manage their Twitter accounts via Microsoft's tool
Steven Monacelli / @stevanzetti:
[Thread] Twitter suspends Wired's Dell Cameron, saying he broke its hacked material policy by reporting about a hack of anti-trans activist Matt Walsh's account
Jack Shafer / Politico:
For Fox Corp., which ended 2022 with $4.1B in “cash and cash equivalents” on hand, $787.5M is a bargain to avoid more embarrassment and continue its sleazy ways
 

 
From Techmeme:

Lee-Anne Mulholland / The Keyword:
Google files its proposed remedies in the DOJ's search antitrust lawsuit, including letting browser companies have multiple default agreements across platforms

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Timothy B. Lee / Ars Technica:
Exploring the scaling challenges of transformer-based LLMs in efficiently processing large amounts of text, as well as potential solutions, such as RAG systems

 
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