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4:15 PM ET, May 23, 2023

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 Top News: 
NBC News:
Sources: Florida Governor Ron DeSantis plans to launch his presidential bid on Twitter Spaces on May 24, in a discussion with Elon Musk moderated by David Sacks  —  The Florida governor will announce he is running for president on Twitter Wednesday evening in a conversation with Musk.
Todd Spangler / Variety:
Netflix cracks down on password sharing in the US and offers paid sharing, which lets some accounts add an extra member outside their household for $7.99/month  —  Streamer intros “extra member” option priced at $7.99/month for adding access to those outside account holder's household
Benjamin Mullin / New York Times:
BuzzFeed debuts Botatouille, a free chatbot that suggests recipes from its food brand Tasty, and plans to offer AI-personalized services to sell subscriptions  —  Jonah Peretti, the company's chief executive, has embraced artificial intelligence more than most publishers.
Zack Beauchamp / Vox:
The uproar after right-wing outlet Daily Signal accused Fox of being pro-trans due to state workplace rules signals ongoing backlash after Tucker Carlson's exit  —  A conservative outlet is attacking Fox for being too respectful of trans employees.  It's a sign of the times on the right.
Aisha Malik / TechCrunch:
Google plans to use generative AI to boost the relevance of Search ads based on query context and debuts a conversational experience for creating ad campaigns  —  Google is going to start using generative AI to boost Search ads relevance based on the context of a query, the company announced at its Google Marketing Live event today.
RELATED:
Bill Donahue / Billboard:
A US judge rules that a case claiming YouTube enables piracy by restricting access to copyright tools to record labels may not proceed as a class action  —  The case claimed that YouTube offers tools like Content ID to record labels but refuses to allow “ordinary” copyright owners to use them.
Sara Fischer / Axios:
The Daily Wire plans to put all of its podcasts on Twitter beginning May 30, after YouTube demonetized videos from Daily Wire host Matt Walsh in April 2023  —  The Daily Wire, a conservative media and entertainment company, plans to put its entire slate of podcasts, which are almost all recorded as videos …
Ann M. Simmons / Wall Street Journal:
A Russian court extends Evan Gershkovich's pre-trial detention until at least August 30, according to state news agency TASS  —  WSJ reporter is deemed by the U.S. to be wrongfully held  —  A Russian court extended until at least Aug. 30 the pretrial detention of Evan Gershkovich …
Yuvraj Malik / Reuters:
Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA ordered Meta to divest the deal in 2022; Meta reportedly paid $400M for Giphy  —  Stock photos repository Shutterstock Inc (SSTK.N) said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash.
The Nib:
The Nib, a 10-year-old political cartoon outlet, is shutting down in August, having published more than 6K comics and paid out over $2M to creators  —  I'm afraid I have some bad news.  After ten years of publishing, The Nib is going to close down this summer.  The new issue of our magazine, the Future issue, will be our last.
Sarah Perez / TechCrunch:
Flipboard rolls out support for integrating accounts from decentralized social networks Bluesky and Pixelfed, after adding support for Mastodon in February 2023  —  Social magazine app Flipboard is continuing its investment in the federated social web with today's news that it's integrating …
 
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 More News: 
Kristin Robinson / Billboard:
SoundCloud CEO Eliah Seton emails staff to announce layoffs, affecting 8% of jobs, in order to help the company turn a profit for the first time in its history
Etan Vlessing / The Hollywood Reporter:
Comcast unveils Now TV, a $20/month streaming package for Xfinity customers offering 40+ live channels, 20 FAST channels, and a Peacock Premium subscription
Lucas Shaw / Bloomberg:
As music revenue slows, record labels may force Spotify, which has never changed its US base plan's price, to follow Apple, Amazon, and others in raising prices
 Earlier Picks: 
Todd Spangler / Variety:
Max introduces a higher-priced tier: Ultimate Ad-Free for $20/month, offering four concurrent streams, 100 offline downloads, and 1,000+ 4K UHD films and shows
Benjamin Weiser / New York Times:
Filing: E. Jean Carroll asks to amend her 2019 defamation lawsuit against Donald Trump, seeking a “very substantial” amount for his comments at CNN's town hall
Peter White / Deadline:
Paramount plans to launch its Paramount+ with Showtime service in the US on June 27 for $11.99 per month; Paramount+ without Showtime will cost $5.99 per month
Chloe Xiang / VICE:
Some blue-check Twitter accounts, one pretending to be Bloomberg, spread an AI-generated image of an explosion at the Pentagon; the stock market briefly dipped
 

 
From Techmeme:

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

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

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

 
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