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1:30 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, NBC News, The Daily Beast, @gamoid, Axios, @benmullin, @genepark, @davidmackau, Washington Post, The Wrap, Press Gazette, Fox News, CNN, @maxseddon, Mediaite, Variety, @addysbaird, Talking Biz News, @maxseddon, PenguinRandomhouse.com, CNBC, CBS News, Gizmodo, New York Post, The Verge, @niketa, Newser, @agraybee, @GossiTheDog@cyberplace.social, @pt, @stephaniemlee, @ericnewcomer, @haleaziz, @sarahkendzior, @vv1lder, @sarayasin, @oliverdarcy, @apbenven, @jane__bradley, @katienotopoulos, @ericnewcomer, The Information, @benmullin, @silvermanjacob, @kantrowitz, @sapna, @maxseddon, @harry1t6, @euamiri, @cbellantoni, @mcbyrne, @charliekirk11, @bcmerchant, @caseynewton@mastodon.social, @skbaer, @cfarivar, @tomgara, @johnpaczkowski, @johnpaczkowski, @oneunderscore__, @radbrowndads, @hansmahncke, @freeblackgirl, @lwalubengo, @tomgara, @micsolana, @edzitron, @waouwwaouw, @davidmackau, @film_girl, @jayasax, @sapna, @kelsaywhat, The Hollywood Reporter, New York Daily News, @markseibel, @mnshap, @valeriereports, @film_girl, @papapishu, @rvawonk, @jason, @gregbensinger, @benmullin, @awolfeful, @kenbensinger, @marcusgilmer, @sarahw, @ncksmmrs, @kpfallon, @kevincollier@mastodon.social, @howelloneill@infosec.exchange, @mediumsizemeech, @1followernodad, @nycsouthpaw, @wesyang, @harrymccracken, @edmundlee, @sdkstl, @annabroges, @pfpicardi, @mikeisaac, @brandyzadrozny, @rdrv3, @sarafischer, @alexckaufman, @oliviasolon, @hardin, @tomnamako, @lucas_shaw, @jeffjarvis, @kemc, @selviano, @lucas_shaw, @pdmcleod, @lucas_shaw, @kfile, @oliverdarcy, @abgutman, @chelseacirruzzo, @daveyalba, @bernstein, @chaykak, @fortesalatifi, @kateaurthur, @jon_christian, @russbengtson, @oliverdarcy, @film_girl, Honolulu Star-Advertiser and Deadline
RELATED:
Bloomberg:
BuzzFeed CRO Edgar Hernandez and COO Christian Baesler are leaving as part of the company's cutbacks; BZFD is down 20%+  —  BuzzFeed Inc. is shutting down its news operation as part of a retrenchment that will result in pink slips for about 180 employees.  —  Both Chief Operating Officer …
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:
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 …
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
Discussion: Columbia Journalism Review, New York Magazine, Media Matters for America, New York Times, American Press Institute, @aaronblake, @tripgabriel, @justinbaragona, @danprimack, @11tulips, @senatormenendez, @leonidragozin, @davidsirota, @seanstanglanddh, @billablog, @kdeitsch_wx, @aaschapiro, @kbandersen, Poynter, @nytopinion, @awelder, @con_carnage, @finnertymike, @bizballmaury, @espuelasvox, @gibsonradio, @famousbl3, @ibishblog, @therealzblog, @ronfilipkowski, @ibishblog, @mcfaul, @dvillella, @bbtrashstan, Digital Journal, @michellebhasin, @toddhallidy, New York Daily News, @jeffjarvis, @goangelo, @martinishark, @1414maple, @fabienmajor, @bollywoodhq, @niemanlab, @kennethcolereal, @froomkin, @johncusack, Adweek, @maassp, Wall Street Journal, HuffPost, @b52malmet, @mattgertz, @goangelo, Los Angeles Times, @alexpadilla4ca, @macfarlanenews, CNN, @ryanvanvelzer, @jamilsmith, @donmoyn, @mollyjongfast, @steven_strauss, @timobrien, @walshfreedom, @waltisfrozen, @renato_mariotti, @wilkowmajority, @davidaxelrod, @davidfolkenflik, @ron_fournier, @tedlieu, @tomfitton, @nickconfessore, @brianstelter, @bgrueskin, @haldavis3, @lindyli, @erikwemple, @jakeadelstein, @farhip, @farhip, @claremalone, @bgrueskin, @bgrueskin, @erikwemple, @mattiweil, @blowryontv, @brianklaas, @alfranken, @kbandersen, @tripgabriel, @lindyli, @pickardje, @maassp, ABC News, @aaronblake, @froomkin, Axios, New Yorker, The Intercept, New York Times, Washington Post, CBC News, @heidilifeldman@mastodon …, @juddlegum@journa.host, @JoshuaHolland@mastodon.social, @jeffjarvis@mastodon.social, @Theoreticalb@mastodon.social and @heidilifeldman@mastodon …
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
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 …
RELATED:
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  —  WOW: @dellcam has been suspended by Twitter after reporting about the hack of Matt Walsh's Twitter account https://twitter.com/...
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 Twitter accounts through Microsoft's tool  —  Yet another big B2B service passes on paying for Twitter's new high-priced API.  —  Twitter is being removed from yet another big B2B platform.
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 …
Discussion: Digiday
Financial Times:
Internal slides: in the coming months, Google plans to let advertisers supply “creative” content for generative AI to “remix” for more sophisticated campaigns  —  Big tech groups are racing to incorporate the groundbreaking new technology into their products
Liam Scott / Voice of America:
Two reporters in North Carolina were convicted on April 19 of trespassing following their 2021 arrests while covering a homeless encampment; they plan to appeal  —  Two local reporters in North Carolina were convicted Wednesday of misdemeanor trespassing after being arrested while covering …
 
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 More News: 
Gene Maddaus / Variety:
Paramount files a countersuit against Warner Bros. Discovery in the dispute over South Park streaming rights, alleging the company withheld $52M in license fees
Rosa Flores / CNN:
County official Mark Jennings resigns after an Oklahoma newspaper released audio allegedly of him and others talking about killing journalists and Black people
 Earlier Picks: 
Washington Post:
An analysis of Google's C4 dataset, a snapshot of 15M websites used to train LLMs, shows that half of the Top 10 sites were news outlets like The New York Times
 

 
From Techmeme:

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

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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