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7:50 PM ET, April 20, 2023

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 Top News: 
New York Times:
Memo: BuzzFeed shuts down News and cuts ~180 jobs, or ~15% of its staff; 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, The Daily Beast, NBC News, Los Angeles Times, Crain's New York Business, MediaPost, Wall Street Journal, @gamoid, Vanity Fair, @davidmackau, Axios, @genepark, The Verge, @benmullin, @addysbaird, @maxseddon, WWD, PenguinRandomhouse.com, @maxseddon, CNBC, NPR, The Information, Poynter, The Wrap, @chelseacirruzzo, @kevincollier@mastodon.social, @edmundlee, @daveyalba, @katenocera, @freeblackgirl, @lwalubengo, @caseynewton@mastodon.social, @ncksmmrs, @bernstein, @kpfallon, @liamstack, @benmullin, @chaykak, @rdrv3, @mnshap, @fortesalatifi, @dougsaunders, @karlbode, @johnpaczkowski, @carnage4life, Newser, @papapishu, CNN, @kelsaywhat, @oliverdarcy, @ericnewcomer, @oneunderscore__, @benmullin, @harry1t6, @bcmerchant, @iansherr, @tomgara, @haleaziz, @tomnamako, @alexckaufman, @sarahw, @tomgara, @calebjhull, @kateaurthur, @lucas_shaw, @jeffjarvis, @stephaniemlee, @sarahkendzior, @lolacoaster, @thebrianpenny, @mediumsizemeech, @pfpicardi, @film_girl@mastodon.social, @janelytv, @hansmahncke, @michaelrcaputo, @sizpatel, Mediaite, @atrupar, @lucas_shaw, @markseibel, @medinamora, @euamiri, @katienotopoulos, @cbellantoni, @kenbensinger, @craftingmystyle, @skbaer, @davidmackau, @supermathskid, @vv1lder, @film_girl, @marcusgilmer, @jon_christian, @mcbyrne, @sarafischer, @matthewsitman, @jowrotethis, Gizmodo, @niketa, CBS News, @paldhous, New York Post, @kantrowitz, The Information, @pdmcleod, @briannawu, Press Gazette, @film_girl@mastodon.social, @GossiTheDog@cyberplace.social, @micsolana, @sarayasin, @film_girl@mastodon.social, @kemc, @1followernodad, @oliverdarcy, @oliviasolon, @jbenton, @tess_townsend, @howelloneill@infosec.exchange, @radbrowndads, @awolfeful, @oliverdarcy, @johnpaczkowski, @jason, @pt, The Guardian, @shannon_liao, @reichlinmelnick, @rdrv3, @mikeduncan, @abgutman, @jayasax, @byjoelanderson, @gregbensinger, @apbenven, @selviano, @kfile, @russbengtson, @ericnewcomer, @sapna, @silvermanjacob, @panzer, @mikeisaac, @rvawonk, Variety, @nycsouthpaw, @wesyang, @jgrebes, Fox News, @rahawahaile, @valeriereports, @edzitron, @katie_robertson, @waouwwaouw, @cfarivar, @lucas_shaw, @katienotopoulos, @sapna, @harrymccracken, @film_girl, @annabroges, @tomgara, @simonateba, @charliekirk11, @bcmerchant, @maxseddon, @jane__bradley, @petersterne, @hardin, @film_girl, @brandyzadrozny, @sdkstl, @agraybee, The Hollywood Reporter and Ad Age, more at Techmeme »
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Ben Smith / Semafor:
The end of BuzzFeed News signals a vast shift in digital media: the old way of thinking about news as text distributed primarily on social media has passed  —  My old boss and partner Jonah Peretti announced today that he's shutting down BuzzFeed News, which we built together starting in 2012.
Gerry Smith / Bloomberg:
BuzzFeed CRO Edgar Hernandez and COO Christian Baesler are leaving as part of the company's cuts, following advertisers pulling back; BZFD closes down 19.71%
Angela Fu / Poynter:
A deep look at the changes at The Buffalo News: print and design outsourcing, staff furloughs, insurance snafus, fewer reporters, and higher-paid 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.
Bron Maher / Press Gazette:
Insider lays off ~10% of its US-based staff to stay “healthy and competitive”, affecting editorial and commercial roles; the company employs ~950 staff globally  —  The company president emailed staff to inform them at 7am Eastern time on Thursday.
Nate Saunders / ESPN.com:
The family of former F1 racer Michael Schumacher plans to take legal action against German magazine Die Aktuelle for a fake interview generated by an AI chatbot  —  Michael Schumacher's family plans to take legal action against a German magazine that ran an AI-generated interview with the Formula One legend.
Winston Cho / The Hollywood Reporter:
Alec Baldwin's lawyers reveal that involuntary manslaughter charges against him will be dropped in the fatal shooting of Rust cinematographer Halyna Hutchins  —  Baldwin faced two counts of involuntary manslaughter.
Katherine Le Ruez / The Guardian:
The Guardian signs a commercial licensing deal to let London-based tech startup Illuma use The Guardian's API to categorize articles for contextual ad purposes  —  The Guardian has signed an agreement with a British technology company, Illuma, to categorise article pages for contextual advertising purposes …
RELATED:
Jef Feeley / Bloomberg:
Sources: the prospect of fired Fox News producer Abby Grossberg's secret recordings being played during trial pushed Fox News to its $787.5M Dominion settlement  —  The prospect of a fired Fox News producer's secret recordings being played during trial helped push the conservative network …
Discussion: Washington Post, Gizmodo and @timobrien
Mark Joyella / Forbes:
Fox News host Dan Bongino says he is leaving after unsuccessful contract extension 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.
Tim Ingham / Music Business Worldwide:
Mandolin, a music livestreaming platform that launched in June 2020 and closed a $12M Series A in June 2021, announces it is shutting down  —  During the pandemic, it was billed as one of the leading platforms in the music livestreaming space.  Last year, it was named the most innovative music company in the world by Fast Company.
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  —  For the media mogul, the massive Dominion settlement fee is just the cost of doing business.
RELATED:
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
 
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 More News: 
Julia Rock / The Lever:
Fox says the company can deduct the cost of its $787.5M settlement with Dominion; writing off the full payment would amount to an estimated $213M in tax savings
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
 Earlier Picks: 
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
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
 

 
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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